The next -generation interoperability of cosmos and Ether Leeum arrives.

admin3 weeks ago

The COSMOS ecosystem will be transformed into an upgrade to the IBC Eureka blockchain interoperability, an inter-blockchain communication (IBC) protocol. The first transaction between Cosmos Hub (Atom) and Ethereum was successful on Friday, March 28 and had a potential impact on the user and developer experience of the Web3.

Magnas Mareneck, a co -CEO of the newly formed chain Inter Lab, said:

“Eureka! Cosmos Hub Mainnet now sent the first live IBC transaction to Ethereum…

Barry Plunkett, a co -CEO of Interchain Labs, is as follows.

“First Ether Lee, the next world. All year round, we will expand our new and much simpler IBC protocol throughout all encryption.”

IBC Eureka is trying to introduce IBC’s significant improvements, including faster transactions, security improvements and compatibility with non -cosmos networks such as Ethereum and Solana.

IBC Eureka lowered the technical barrier to developers.

By simplifying the IBC implementation and optimizing the packet relay process, EUREKA can lower the developer’s technical barriers to enable the smooth integration of the new chain and to promote a wide range of adoption of cross chain applications.

This upgrade also introduces middleware features, allowing developers to expand their functions of IBC without changing their core protocols, and package innovative use cases throughout the ecosystem between distributed financial and chains.

The first direct IBC transaction between COSMOS Hub and Ethereum shows the ability of the protocol that basically connects independent blockchains, unlocking new possibilities for asset transmission and data sharing in various networks.

Integrating Etherrium into space through IBC enables the fluid movement of assets and creates sophisticated financial products to greatly activate Defi applications.

As Cosmos strives to establish IBC as a universal standard for blockchain communication, the EUREKA upgrade can play a role in strengthening the emotions of the COSMOS ecosystem. Despite the basic atomic token transactions, the community sentiment, 90% lower than the highest level, was 78% optimistic for the news.