RippleX Updates on XRP Ledger EVM Sidechain Developments
RippleX Advances XRP Ledger EVM Sidechain
RippleX has shared significant progress on the XRP Ledger EVM sidechain, a collaborative effort with Peersyst. The sidechain's launch is drawing nearer, with 2024 set as a critical milestone.
XChainBridge Public Amendment
A pivotal development is the XChainBridge public amendment, which is now open for validator voting. Seven of the required 28 votes have been cast, moving the initiative closer to the EVM sidechain's deployment.
Enhanced Security and Upgrades
Security remains a priority, with Peersyst conducting audits in collaboration with Bishop Fox and preparing additional updates. The Cosmos SDK has received a blockchain update, integrating Cosmos version 0.47 and Ethereum's EIP3855 protocol enhancements.
New Bridging Capabilities
A forthcoming bridge update will enable automatic, dynamic bridging of tokens between the EVM sidechain and the XRP Ledger. This feature aims to streamline transactions and expand the use of XRP Ledger Mainnet functionalities across various assets.
Improved User Interface and Developer Tools
A new user interface has been launched to enhance bridging between sidechains, wallets, and tokens. Additionally, a bridge SDK is available to aid developers in building applications that leverage the network's capabilities.
Blockscout Explorer Enhancements
Development of the latest Blockscout Explorer version is underway. It promises improved user experience and functionality for verifying and executing smart contracts, alongside a dynamic display of decentralized applications (dApps).
Rippled 2.0 and Cross-Chain Bridge
The recent release of rippled 2.0 introduces XLS-38 Cross-Chain Bridge and XLS-40 Decentralized Identity, facilitating seamless movement of XRP and tokens between XRPL Mainnet and sidechains, including the anticipated EVM sidechain.
These advancements position the XRP Ledger EVM sidechain as a versatile and integral part of the blockchain ecosystem, enhancing connectivity and functionality for users and developers alike.
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