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Cosmos Contributes IBC Protocol to Linux Foundation Decentralized Trust

(2 hours ago) · 1 source · Summarized by CryptoBipto

The Cosmos ecosystem has contributed its Inter-Blockchain Communication (IBC) protocol to the Linux Foundation's Decentralized Trust initiative. This move places one of the most widely used blockchain interoperability standards under the stewardship of a major open-source foundation. The contribution is intended to broaden IBC's adoption and governance beyond the Cosmos ecosystem.

WHY IT MATTERS

Think of IBC as a universal translator that lets different blockchains talk to each other and send assets back and forth.

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SOURCES

  • thedefiant.io

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ATOMInteroperabilityOpen SourceCosmos EcosystemBlockchain InfrastructureIBC