THE Cosmos The ecosystem is defined to transform the interoperability of the blockchain with Ibc EurekaThe upgrading of his Inter-Blockchain Communication Protocol (IBC). The first transaction Between cosmos hub (atom) and Ethereum Was successfully carried out on Friday March 28, with potential implications for the user and developer experience in web3.
Magnas Mareneck, Co-PDG of the Nouvelz Formd Interchain Labs, commented::
“Eureka!” Cosmos Hub Mainnet has now sent its first IBC transaction live to Ethereum… and return! Content: $ 1 Atom. The message: I love Cosmos “
Barry Plunkett, Co-PDG of Interchain Labs, poster::
“First Ethereum, then the world. During the rest of the year, we will extend the IBC protocol more recent and simpler on the whole crypto”
IBC Eureka seeks to introduce significant improvements to IBC, including faster transactions, improved safety and extended compatibility with non-cosmos networks like Ethereum and Solana.
IBC Eureka reduces technical obstacles to developers
By simplifying the implementation of the IBC and the optimization of packet relay processes, Eureka reduces technical obstacles to developers, allowing transparent integration of new channels and promoting a broader adoption of transversal applications.
The upgrade also introduces the features of the middleware, allowing developers to extend the capacities of the IBC without modifying its basic protocol, paving the way for innovative use cases through decentralized financing ecosystems (DEFI) and interchain ecosystems.
The first Direct IBC transaction between Cosmos Hub and Ethereum demonstrates the ability of the protocol to connect independent blockchains natively, unlocking new possibilities of active transfers and data sharing on various networks.
The integration of Ethereum into the cosmos via IBC could considerably revitalize the challenge applications by allowing the fluid movement of assets and by creating sophisticated financial products.
While Cosmos strives to establish IBC as the universal standard for blockchain communication, Eureka upgrade can be used to strengthen the feeling of wave in the cosmos ecosystem. Despite its native token atom exchanging approximately 90% below its top of all time, community feeling was 78% bullish On the news.
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