XRP Ledger Is Taking on Ethereum with Federated Sidechains a bombshell dropped by Ripple CTO David Schwartz at APEX . While speaking at the virtual Apex Dev Summit earlier today, Ripple CTO David Schwartz said that Ethereum Virtual Machine (EVM) chains would be one of the first applications of the new feature. The ability to move tokens makes them federated, he explained. The Ripple CTO is convinced that migrating smart contracts from Ethereum to the XRP Ledger could minimize the barrier to entry for DeFi developers.
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