The Cosmos ecosystem is set to transform blockchain interoperability with IBC Eureka, the upgrade to its Inter-Blockchain Communication (IBC) protocol. The first transaction between Cosmos Hub (ATOM) and Ethereum was successfully made on Friday, March 28, with potential implications for the user and developer experience in web3.
Magnas Mareneck, co-CEO at the newly-formed Interchain Labs, commented:
“EUREKA! Cosmos Hub MAINNET has now sent its first live IBC transaction to Ethereum… and back! The content: 1 $ATOM. The message: i love cosmos”
Barry Plunkett, co-CEO of Interchain Labs, posted:
“First ethereum, then the world. Over the rest of the year, we’re going to expand the newer, much simpler IBC protocol across all of crypto”
IBC Eureka seeks to introduce significant improvements to IBC, including faster transactions, improved security, and expanded compatibility with non-Cosmos networks like Ethereum and Solana.
IBC Eureka lowers technical barriers for developers
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We współpracy z: https://cryptoslate.com/next-gen-interoperability-arrives-for-cosmos-and-ethereum/