Today on Twitter, Ripple announced that it has released a new episode of Ripple Drop.
Today, via Twitter, Ripple announced that it has released a new episode of Ripple Drop, noting:
Ripple Drop is back again!
Software Engineer @msvadari dives into the need for interoperability between blockchains, how this challenge has been approached and what role the #XRPL can play in a multi-chain future.
The material on a special website indicated the main points of the release:
«The objective of interoperability is, how do we have it all? How can we use our value in all these different ways without needing to have these siloed ecosystems?» says Mayukha.
Many blockchain projects are currently working on interoperability, and Mayukha explains there are several approaches to facilitating interactions between blockchains. One approach is ‘layer 0’ projects, which are essentially an underlying blockchain designed to act as a connector for other layers.
When interoperability is successful, disconnected markets and business applications can more easily transfer data and value, fostering innovation and productivity. Mayukha explains that when leveraging interoperability, «you’re getting the best aspects of all projects».
RippleX is hard at work on a production release of sidechains that would run parallel to the XRPL mainnet if adopted by the XRP community. This functionality would allow developers to implement new features on versions of the XRPL designed to suit specific technical needs—such as for smart contracts—while maintaining the lean and efficient feature set and fraction-of-a-penny fees that make the XRPL so appealing.
Mayukha is excited for the hands-on experience building the sidechain feature and the opportunities that this can bring to the XRPL developer community.
«[Developers] can write their own sidechains that have whatever special features they need or want and basically have their own blockchain to play around with. They don’t need to worry about needing to somehow make a bridge because that’s already built into what we’re doing».