Ripplex development lab members and software engineers want to build a cross-chain bridge for the XRPL network to improve cross-chain transfers between different blockchain networks. The proposal, according to a recent Github draught, outlines how the cross-chain bridge could function and suggests methods to prevent transaction replay.
Ripplex Dev Proposes XRPL Cross-Chain Bridge Technology
According to a recent Github draught, developers want to build a cross-chain bridge for the XRP Ledger (XRPL). The technology would enable cross-chain transfers and interoperability between XRPL and other networks. “A cross-chain transfer is not a single transaction in this proposal,” the GitHub draught explains. It happens on two chains, requires multiple transactions, and involves a new server type called a ‘witness.’
If a cross-chain bridge is built for XRPL, the blockchain will join the ranks of other networks that use this technology, such as Ethereum, Avalanche, Solana, and others. The XRPL developers’ proposed design includes a new server type, three new ledger objects, and eight new transactions. A method to “prevent the same assets from being wrapped multiple times ” is also described in the summary. The proposal was shared on social media by Mayukha Vadari, a software engineer and Ripplex developer.
“We recently published an official XRPL Standards specification for cross-chain bridges,” Vadari explained.”Give it a look and let me know what you think.”The cross-chain concept follows an October push to create an Ethereum Virtual Machine (EVM) sidechain compatible with the XRP Ledger and Ripple transaction protocol (RTXP). XRP, the native cryptocurrency of XRPL, is currently the sixth-largest digital currency by market capitalization.