Ripple Proposes Federated Sidechains to ‘Unlock DeFi Capabilities’

Ripple’s Chief Technology Officer David Schwartz has proposed the introduction of federation sidechains to allow developers to implement smart contracts and decentralized finance (DeFi) capabilities adjacent to the XRP Ledger. In a blog post, Schwartz noted that Ripple has been resisting adding smart contracts capabilities to the XRP Ledger because of the risk of compromising […]