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The highly anticipated inter-blockchain communication (IBC) protocol transfers have gone live on Cosmos (ATOM), allowing users to transfer their tokens between different decentralized networks, its developers announced today.
Cosmos, the high-speed interoperability platform, launched its much-awaited upgrade today.
A new update would allow developers building on Cosmos to migrate to a Polkadot parachain and introduce new features, as per a release shared with CryptoSlate.
A new proposal has been announced for a cross-chain development on Cosmos, a high-speed, interoperable blockchain. Connecting Cosmos and Ethereum Althea Network, a decentralized mesh Internet network for rural communities, announced its “Gravity Bridge” product in a blog post this week.
Cosmos is a network of blockchains that allow it to scale better.
The price of ATOM, the native cryptocurrency of the Cosmos blockchain network, surged by 68% in merely ten days.
On October 21, 2019, representatives from Agoric, Tendermint, FOAM, and oscoin gathered at Full Node in Berlin, Germany, to discuss the blockchain space’s current need for interoperability protocols.
Once upon a time, people believed there would only be one blockchain. But one-blockchain maximalism soon proved to be a shortsighted belief. Without forking and new chains, experimentation was extremely limited and led to the creation of hundreds of blockchains adapted to fit a specific need.