Next generation interoperability comes to Cosmos and Ethereum

The cosmos ecosystem is configured to transform blockchain's interoperability with IBC EurekaThe update to its communication protocol between Blockchain (IBC). The first transaction Between Cosmos Hub (ATOM) and ethereum was successfully held on Friday, March 28, with possible implications for the user experience and the web3 developer.

Magnas Mareneck, co-cement in the newly formed interchain laboratories, <a target="_blank" href="https://x.com/0xMagmar/status/1905628177986142576″>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, Interchain Labs co-cement, <a target="_blank" href="https://x.com/BPIV400/status/1905647374254366933″>aware:

“First ethereum, then the world. During the rest of the year, we will expand the newest and most simpler IBC protocol throughout the cryptography”

IBC Eureka seeks to introduce significant improvements in IBC, including faster transactions, improved security and expanded compatibility with networks that are not cosmos such as ethereum and Solana.

IBC Eureka reduces technical barriers to developers

By simplifying the implementation of IBC and the optimization of the packet retransmission processes, Eureka reduces the technical barriers to developers, allowing a perfect integration of new chains and promoting the broader adoption of cross -chain applications.

The update also introduces the functionality of the Middleware, which allows developers to extend the abilities of IBC without altering their central protocol, racing the way for innovative cases of innovative use in decentralized finance (DEFI) and intercalators ecosystems.

The first direct transaction of IBC between Cosmos Hub and ethereum demonstrates the ability of the protocol to connect independent blockchains natively, unlocking new possibilities for asset transfers and data exchange in various networks.

The integration of ethereum into Cosmos through IBC could significantly revitalize the defi applications by allowing the fluid movement of assets and creating sophisticated financial products.

As Cosmos works to establish IBC as the universal standard for blockchain communication, Eureka update can be used to strengthen the agitated feeling in the cosmos ecosystem. Despite his token of native atom token ~ 90% below his historical maximum, the community feeling was 78% bullish About the news.