XRPL Developer Unveils Benefits of XRP EVM Sidechain: Details

U.Today
U.Today

28 Jun 2023 8:22 AM

XRPL EVM sidechain creates easy access for users to Ethereum-based apps...

  • Peersyst Technology, a core developer of the XRP Ledger (XRPL) protocol, shared the perks of the XRPL EVM sidechain for end users.
  • The XRPL EVM sidechain allows core Ethereum-based decentralized applications (dApps) like Uniswap and OpenSea to be used on the XRPL.
  • Integration of EVM-compatible dApps can be done with no hassle, driving adoption of the innovation.
  • Other protocols like Filecoin and EOS have also launched EVM sidechains to tap into the liquidity of the Ethereum blockchain for their own DeFi ecosystems.

The article highlights the benefits of the XRPL EVM sidechain and the industry-wide push for EVM compatibility. The sentiment is positive, emphasizing the potential for increased adoption and development opportunities.

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You May Ask

What are the perks of the XRPL EVM sidechain for end users?Which core Ethereum-based dApps can now be used on the XRPL?How easy is it to integrate EVM-compatible dApps on the XRPL?Besides XRP Ledger, which other protocols have launched EVM sidechains?

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