Release brings significant features to XRPL EVM network
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.
The v4.0.0 release brings significant features to the XRPL EVM network, such as minting and burning capabilities for managing the native XRP token through the axelar bridge. Support for minting and burning has been enabled using x/erc20 precompiles, allowing greater flexibility in token management.The v4.0.0 release includes important changes, features and improvements for the launch of the network:Likewise, the v4.0.0 release brings on upgraded dependencies.
A crucial aspect of the XRPL EVM Sidechain is its ability to use Axelar as a bridge, allowing for transactions between the XRPL EVM Sidechain, XRP Ledger and over 55 additional blockchains. This configuration would enable dApps to use both XRP Ledger capabilities and EVM smart contracts simultaneously. Wrapped XRP will be the native asset and gas token for cross-chain transactions.Tomiwabold is a cryptocurrency analyst and an experienced technical analyst.
BC.GAME Celebrates Third Consecutive Win at the SiGMA Global Gaming Awards with 2024 Best Crypto Casino Title
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
XRP Ledger Sees Huge Spike in Active WalletsXRPL has recorded the biggest spike in the number of active wallets in three months
Read more »
Could This Surging XRP Ledger (XRPL) Metric Lead to Ripple Price Rally?Crypto Blog
Read more »
XRP Ledger Now One Click Away for 30 Million MetaMask Users: DetailsThis extensibility implies that Metamask's 30 million monthly active users are now just one click away from XRP Ledger
Read more »
Aurum Launches $1B Tokenized Fund for Data Center Investments on XRP Ledger With ZoniqxKrisztian Sandor is a reporter on the U.S. markets team focusing on stablecoins and institutional investment. He holds BTC and ETH.
Read more »
Here’s How XRP Ledger Has Performed On-Chain Over the Past MonthCrypto Blog
Read more »
Big Mistake: XRP Ledger User Accidentally Burns 10,000 TokensThis burn transaction has sparked speculation in XRP community
Read more »