Cosmos Developers finalize the first IBC transaction with Etherum Testnet

The Cosmos’s development team successfully conducted the first inter-block block block by a constitutional transaction between the cosmos hub and ethereema.
26. Marta, co-CEO COSMOS (Atom) Magnus Mareneck announced that they successfully conducted the first IBC transaction between Cosmos central blockade, Cosmos Hub and Ethereum (El). This test is part of the larger Eureka upgradeScheduled to release as part of IBC-GO V10 later this year.
The Cosmos’ IBC protocol allows independent blocks to communicate and transmit assets and data to each other. The protocol was activated In March 2021. year, after the development team has completed successfully Stargate upgrade. Since then, many blockages in the cosmos ecosystems, including Terra, osmosis and akash, have an integrated IBC, allowing property transfers and communication between these chains.
Today’s test is observed, because it is the first IBC connection directly between Cosmos Hub and Ethereum. However, it is worth noting that previous efforts are already connected external blocks to the cosmos through indirect routes. In April 2024. years, Picasso network facilitated IBC connection between the cosmos and etherema, and later in between Cosmos and Solana. Earlier, compon’s finance bridging Polkadot and Kusama with cosmos. The Cosmos’s ultimate goal is to create an IBC Universal Standard for Blockmain Communication.
https://crypto.news/app/uploads/2024/12/crypto-news-dollar-cross-border-transactions-blockchain-option02.webp
2025-03-27 14:18:00