The XRP Ledger (XRPL) EVM Sidechain goes live on the testnet as Peersyst discloses that new partners and validators could be unveiled in the coming days.
This initiative would ensure that XRPL developers successfully replicate DApps on other EVM platforms while reaching over 100 million users.
Blockchain development firm Peersyst Technology has announced the official launch of the much anticipated XRPL EVM Sidechain on the testnet. According to the report, this milestone was achieved in a great collaborative effort with Web3 interoperability platform Axelar, Ripple’s development arm RippleX, and blockchain science firm Common Prefix.
Source: Peersyst
The Background of the Story
In October 2022, Peersyst released the first phase of the EVM Sidechain for XRPL on the XRPL Dev. According to our research, this was after Ripple’s David Schwartz had provided a clear overview of how such an initiative could introduce Ethereum Smart Contracts to the blockchain.
Phase two of the proj