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Ledger Nano X - The secure hardware wallet
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Users Can Now Deploy Smart Contracts on XRP Ledger Through this Ripple Partnership

30 January 2024
in XRP
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Users Can Now Deploy Smart Contracts on XRP Ledger Through this Ripple Partnership
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Ripple has partnered with EasyA to introduce educational content aimed at helping individuals learn how to deploy smart contracts on the XRP Ledger (XRPL).

While the XRPL boasts several benefits that set it apart from other blockchains, the network does not support smart contracts, a feature intentionally sidelined during its development a decade ago to address potential security issues.

The XRPL EVM Sidechain

The XRPL now awaits the launch of Hooks, which will bring smart contract functionalities to the network. However, the Hooks protocol is currently delayed. At the moment, Ripple has partnered with Peersyst Technology to develop an EVM sidechain for the XRPL.

This EVM sidechain will help developers deploy XRPL smart contracts that are compatible with Ethereum but are not particularly native to the XRPL, as expected with Hooks.

It bears mentioning that XRPL Labs, the company behind the Xumm wallet, has already launched a sidechain with Hooks functionality called Xahau. The Ripple CTO Schwartz said Xahau is a good way to test Hooks before implementation on the XRPL.

Notably, the development of the EVM sidechain has reached the advanced stage, with the mainnet launch just around the corner. The latest update from Peersyst Technology revealed that work on the XChainBridge was close to finalization.

As the anticipation builds, Ripple recently partnered with Web3 educational resource EasyA to help individuals learn about the XRPL and how to deploy smart contracts on the network through the EVM sidechain with nothing but their smartphones.

– Advertisement –

EasyA Launches XRPL Challenge

EasyA has launched a learning module on this, comprising six challenges. The course, which spans Jan. 29 through July 31, begins with the history of the XRPL and ends with lessons on building an XRPL dApp and creating the front end of the application. The challenge is already open as of press time.

The collaboration between Ripple and EasyA, recently spotlighted by XRP community influencer Eri, holds significant importance for both the ecosystem and individuals aiming to implement dApps on the XRPL, providing a valuable starting point.

????The world’s first smart contract on XRP Ledger’s all-new EVM right from your phone. https://t.co/LYizTKAN5L

— ????Crypto Eri ????Carpe Diem (@sentosumosaba) January 29, 2024

EasyA boasts a developer base encompassing over 750,000 individuals, featuring content for multiple blockchain networks like Solana, VeChain, Sui, and Polkadot. The XRPL learning course, tagged “60 Days of XRPL,” will introduce the XRPL to this network of developers and others. 

EasyA reports that its developers have secured funding from prominent venture capital firms, including Andreessen Horowitz (a16z). Notably, the developer pool comprises founders of noteworthy startups and individuals associated with esteemed universities and leading companies.

EasyA has also announced plans to extend invitations to outstanding developers from the “60 Days of XRPL” challenge to a hackathon scheduled for April 2024 in London. 

During this event, participants can pitch their startup ideas, vying for a chance to secure a $25,000 prize. Additionally, EasyA pledges to provide access to funding, grant opportunities, and mentorship for the most promising innovators.

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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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