XRPL EVM Sidechain Validators Earn XRP Commissions: Peersyst Integration Boosts Scalability

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XRPL EVM Sidechain Validators Earn XRP Commissions: Peersyst Integration Boosts Scalability

Validators registered in the XRP Ledger (XRPL) sidechain are being rewarded with commissions in the XRP cryptocurrency.

At the end of January, XRPL staff, alongside blockchain company Peersyst employees, integrated the Ethereum Virtual Machine (EVM) sidechain into the XRP mainnet to enhance XRPL’s scalability. It was discovered that node operators in this sidechain have advantages over nodes in the main network and are earning digital assets.

Validators in the XRPL EVM sidechain will be paid in XRP. Unlike the XRPL mainnet, where transaction processing fees in XRP are burned, validators in the new network developed by Peersyst specialists are receiving commissions, according to Ferran Prat Tio, Director of Peersyst.

Ripple, the firm behind XRP, does not financially support XRPL blockchain validators, so network nodes operate for free and receive recognition from the cryptocurrency community members as their only reward. However, sidechain node operators can earn from transaction confirmations. Therefore, for commercial gain, nodes should be launched in the XRPL EVM sidechain rather than XRPL.

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