Developers believe Hooks will soon be ready for real-life applications.

XRPL Labs lead developer Wietse Wind has revealed that developers are building a Hooks sidechain with XRP as the native currency.

The developer first made this known in a tweet yesterday in response to a request from a user, noting that they had already signed a security audit contract last week. According to Wind, following the audit and implementing improvements based on the audit, developers will roll out the sidechain.

(By OKOYA DAVID)