RippleX Unveils Progress on XRP Ledger EVM Sidechain

RippleX Advances EVM Sidechain Development

RippleX has announced significant progress on the XRP Ledger EVM sidechain, developed in partnership with Peersyst. As 2024 approaches, the much-anticipated launch of the EVM sidechain is drawing nearer. A key step forward includes the release of the XChainBridge public amendment, now open for validator voting, with seven votes secured out of the 28 required.

Comprehensive Audits and Upgrades

The EVM sidechain has undergone extensive audits, including assessments by Bishop Fox, to ensure robust security and functionality. The latest updates feature enhancements to the Cosmos SDK, integrating Cosmos version 0.47 and Ethereum's EIP3855. These improvements set the stage for validators to vote on the upcoming upgrades.

Enhanced Bridging and Usability

The development of a new bridge version will enable seamless bridging of existing tokens from the EVM sidechain to the XRP Ledger. This innovation will serve as a gateway, expanding transaction capabilities and utilizing XRP Ledger Mainnet features across various assets. Furthermore, a new user interface has been designed to streamline dynamic bridging between sidechains, wallets, and tokens.

Developer Tools and Explorer Enhancements

A bridge SDK has been introduced to support developers in creating applications that utilize the bridge for network access. Additionally, the latest Blockscout Explorer version is in development, offering improved user experience, smart contract verification, and a dynamic display of decentralized applications (dApps).

RippleX's Vision for Cross-Chain Integration

With the release of rippled 2.0, XRP Ledger developers have introduced XLS-38 Cross-Chain Bridge and XLS-40 Decentralized Identity features. These enhancements will facilitate seamless movement of XRP and tokens between the XRPL Mainnet, XRPL sidechains, and the upcoming EVM sidechain, fostering greater interoperability across blockchain networks.