• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Crypto News

Ripple Proposes Using Sidechain To Enable Smart Contract Deployment With XRP Ledger

June 8, 2021
in Crypto News
0
193
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

[ad_1]

Instead of extending the functionality of the main ledger, the Ripple developers proposed using federated sidechains that would help maintain the neatness and efficiency of the blockchain for payments.

Related articles

ZKP Shifts the Crypto Narrative With Its Anti Inflation Design! Solana & XRP Lose Momentum

ZKP Shifts the Crypto Narrative With Its Anti Inflation Design! Solana & XRP Lose Momentum

January 25, 2026
Why These Promising Altcoins Under $0.40 Deserve Your Attention: APEMARS Whitelist Momentum Meets Ethereum and XRP

Why These Promising Altcoins Under $0.40 Deserve Your Attention: APEMARS Whitelist Momentum Meets Ethereum and XRP

January 5, 2026

Ripple Proposes Using Sidechain To Enable Smart Contract Deployment With

Ripple’s developers interacted with the feedback and suggested that they should extend the XRP Ledger (XRPL), to integrate functions like smart contracts, a key feature of the decentralized finance space. middle is booming. But the creators of Ripple claim that another solution would be better for XRPL in terms of payments focus.

.@Ripple CTO @joelkatz unveils his vision for federated sidechains on the XRP Ledger for which developers and XRP community members are invited to review and provide feedback. https://t.co/qcp5Ulgv2X

— RippleX (@RippleXDev) June 7, 2021

This solution they call linked sidechains. Using sidechains can keep the main XRPL streamlined and efficient while extending the functionality of the broader XRP ecosystem by providing interoperability for native smart contracts and other features. . This is Ripple’s next foray after the platform overhauled XRPL for the upcoming NFT movement.

See more: Ripple Takes Action With NFT Markets, Adds Support for Mitigating Gas Fees on XRP Ledger

To facilitate this interoperability, the Ripple development team is proposing a piece of affiliate software, connected on one end to XRPL and on the other, to one or more sidechains. Each of these functions as their own blockchain, but will use XRP as the primary asset. Furthermore, the federation system will support the transfer of XRP and token issuance between them and the main ledger.

Validators operating at least one sidechain will be eligible to run the affiliate software. To integrate this new software, Ripple said it only needed to make two small changes to the operation of the XRPL network.

New features on the XRPL server software will allow it to work in a sub-chain but these features will not be enabled on the mainnet itself.

Sidechain has become a popular approach for blockchain developers in trying new solutions to solve scaling problems and integrating new functionalities into established blockchain ecosystems such as Ethereum.

Synthetic

Maybe you are interested:

Join the chat group Coinlive Chats Now let’s discuss hot issues of DeFi market with Coinlive admins!!!



[ad_2]

Tags: ContractDeploymentEnableLedgerProposesRippleSidechainSmartXRP
Share77Tweet48

Related Posts

Bitcoin steadies as JPMorgan outlines 2026 inflow case

Bitcoin steadies as JPMorgan outlines 2026 inflow case

by shark
February 12, 2026
0

JPMorgan bullish crypto 2026 thesis links rebound in institutional inflows to the Clarity Act; analysts cite ETF rotation, miner costs,...

Kyrgyzstan Crypto Market grows as VASP licensing takes hold

Kyrgyzstan Crypto Market grows as VASP licensing takes hold

by shark
February 12, 2026
0

Data shows the Kyrgyzstan crypto market expanding in 2025 as the Law on Virtual Assets and VASP licensing take effect,...

XRP Ledger overtakes Solana on RWA value as counts mislead

XRP Ledger overtakes Solana on RWA value as counts mislead

by shark
February 12, 2026
0

RWA.xyz data shows XRPL surpassing Solana in real-world asset (RWA) tokenization value, while address holder counts prove a misleading gauge...

Stablecoins face bank rivalry if CLARITY Act rewards survive

Stablecoins face bank rivalry if CLARITY Act rewards survive

by shark
February 11, 2026
0

Analysts say the CLARITY Act's reward rules could push banks to issue branded digital dollars to stem deposit flight and...

Treasuries drop as US jobless rate hits 4.3 in Jan

Treasuries drop as US jobless rate hits 4.3% in Jan

by shark
February 11, 2026
0

Data show US unemployment rate 4.3% in January 2026 as payrolls rose 130,000 and prior months saw revisions; traders pared...

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • Bitcoin steadies as JPMorgan outlines 2026 inflow case
  • Kyrgyzstan Crypto Market grows as VASP licensing takes hold
  • XRP Ledger overtakes Solana on RWA value as counts mislead
  • Stablecoins face bank rivalry if CLARITY Act rewards survive
  • Treasuries drop as US jobless rate hits 4.3% in Jan
  • Robinhood Other Trading revenue rises on prediction markets
  • Bitcoin leads as Goldman 13F shows ETF exposure
  • Treasuries hold as Fed independence debate meets Trump push
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7