Ripple (XRP) network’s developer team RippleXTo migrate smart contracts on XRP Ledger to Ethereum blockchain as well Ethereum Virtual Machine (EVM) announced that it has started testing on it.
The ETH chain, which is planned to run in parallel with the XRP network, Ethereum It will combine smart contracts on its network with XRP Ledger’s unlimited payment service.
From today, developers have the opportunity to experience the EVM cross-chain test via XRPL Devnet. Blockchain experts will be able to access the Devnet base, especially by testing Solidity applications on the EVM blockchain.
XRP officials, the company that developed the cross-chain Peersyst declared that. Authorities do not currently plan to conduct a public test as the cross-chain is still in its early stages. According to the statements, the second phase of the test will start in 2023. The second phase will take place publicly.
What Will EVM Cross-Chain Do?
XRP Ledger While it supports smart contracts belonging to its own network, it does not support the EVM, which developers use for their work on Ethereum, the largest smart contract network. The main reason for trying to cross-chain is to eliminate this problem.
If the cross-chain tests are successful, XRP Ledger is expected to be more scalable and faster than in the past.
The most important gain of the initiative is; Users will be able to use Ledger’s native token XRP on sidechains as well. Increasing usage of XRP could create a new demand for the token.
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