Ripple CTO On How EVM Sidechain Drives Value to XRP Ledger
2025-07-02 09:13:47
Main Idea
The XRP Ledger EVM sidechain has officially launched, enabling developers to build on the XRP Ledger ecosystem using XRP as the primary asset, which could significantly enhance its functionality and adoption.
Key Points
1. Phil Kwok announced the official launch of the XRP Ledger EVM sidechain, highlighting its potential impact on the XRP ecosystem.
2. The EVM sidechain addresses previous limitations of the XRP Ledger by allowing developers to build on the network without relying on Ethereum's native currency.
3. XRP serves as the primary asset for the sidechain, with the XRP Ledger mainnet acting as the central liquidity and payments hub.
4. Kwok emphasized the new opportunities for developers to create innovative financial solutions within the XRP Ledger ecosystem.
5. Developers are encouraged to utilize educational tools through the EasyA app to build on the XRP Ledger with the new EVM sidechain.
Description
Phil Kwok, co-founder of EasyA, announced through a detailed tweet that the XRP Ledger EVM sidechain has officially gone live. He described this development as potentially significant for the XRP Ledger ecosystem. In his post, he explained the nature of the EVM sidechain, its purpose, and how it connects to the XRP Ledger. Kwok also referenced a discussion he had with Ripple’s Chief Technology Officer, David Schwartz, during a stage appearance in 2023, where they examined the concept and its lon...
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