Key Takeaways
- Ripple and Peersyst are leveraging evmOS, a customizable tech stack from Evmos, to develop and enhance the XRPL EVM sidechain, bringing EVM compatibility and access to the Cosmos SDK’s extensive network.
- The XRPL EVM sidechain will connect to over 90 interconnected chains in the Cosmos SDK ecosystem, allowing seamless interaction with a wide range of decentralized applications (dApps) and services, expanding the utility and reach of the XRPL.
- evmOS offers a modular framework prioritizing native, cross-chain applications, providing XRPL developers with unprecedented flexibility and customization options to build innovative cross-chain applications.
Ripple and Peersyst have announced a strategic move to enhance the XRP Ledger (XRPL) EVM sidechain by utilizing evmOS, a modular and customizable tech stack provided by Evmos. This collaboration aims to further develop the XRPL EVM sidechain, which is currently in its Devnet phase.
Leveraging evmOS for Advanced EVM Compatibility
The XRPL EVM sidechain will benefit from evmOS, which offers a customizable framework built on the Cosmos SDK. This technology enables Ethereum Virtual Machine (EVM) compatibility and provides access to over 60 Cosmos SDK chains through the Inter-Blockchain Communication Protocol (IBC). By integrating with evmOS, the XRPL EVM sidechain aligns with industry standards and becomes part of the versatile web3 ecosystem known as the interchain.
evmOS features a range of modules centered around EVM implementation for the Cosmos SDK, including IBC functionality, EVM extensions, and access to a decentralized application (dApp) store. Its modular nature prioritizes native, cross-chain applications, offering developers the flexibility to expand the XRPL EVM sidechain on their terms.
XRPL’s Entry into the Interchain Ecosystem
The integration of the XRPL into the interchain ecosystem represents a significant development, connecting its extensive community of users, dApps, and liquidity to a network of over 90 interconnected chains. As a pioneering layer 1 blockchain, the XRPL has built a mature and active community.
This move allows XRPL users to seamlessly interact with applications across the Cosmos SDK chains, enhancing the overall user experience and expanding the ecosystem’s reach.
Jasmine Cooper, Head of DeFi Product at Ripple, highlighted the significance of this milestone: “Bringing the XRPL EVM sidechain to the Interchain with evmOS represents a significant milestone in expanding the XRPL ecosystem. By leveraging evmOS technology, we can offer developers unparalleled flexibility and customization options, enabling them to build innovative cross-chain applications that tap into the vast potential of the XRPL and the broader Interchain ecosystem.”
Enhancing Interoperability with evmOS Outposts
evmOS Outposts will play a crucial role in enhancing the interoperability of the XRPL EVM sidechain. These outposts act as gateways, connecting different blockchain networks and facilitating the transfer of assets and information between them.
For example, XRPL users will be able to perform transactions on Osmosis, a non-EVM compatible chain, without needing to switch wallets or reconnect to different chains.
Federico Kunze Küllmer, Evmos Founder, commented on the partnership: “evmOS was selected by the EVM Sidechain engineering team from Ripple and Peersyst for being the most battle-tested, user and developer friendly IBC-enabled EVM. We’re excited to bring the XRPL ecosystem to Cosmos via this partnership that will benefit the entire ecosystem.”
A New Chapter for XRPL
The collaboration between Ripple, Peersyst, and evmOS signifies a major step forward in blockchain interoperability and ecosystem growth, with expectations for substantial benefits to the broader blockchain community through enhanced connectivity and functionality.
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