XRPL EVM refers to the integration of an Ethereum Virtual Machine compatible sidechain with the XRP Ledger (XRPL). This development permits developers to deploy smart contracts written for the Ethereum ecosystem directly onto a sidechain connected to the XRPL. It extends the XRPL’s capabilities beyond its core payment functionality to support a wider array of decentralized applications.
Context
The introduction of an XRPL EVM sidechain is a significant technical advancement for the XRP Ledger, aiming to enhance its programmability and developer accessibility. News outlets report on its progress, highlighting the potential for increased utility and interoperability within the broader blockchain space. This initiative addresses the growing need for robust smart contract functionality on various high-performance ledgers.
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