Cosmos, the Blockchain network that aims to become “Blockchains”, Eureka, is an inter -operating layer designed to connect its connection protocol between the episodes (IBC) with Ethereum.
According to April 10 advertisementEureka expanded the Cosmos IBC protocol, and changed the IBC from the ecosystem “to the global inter -operating protocol”, placing the axis on a path to become the home of multi -dimensional applications.
Cosmos projects are integrated in IBC Eureka. source: universe
With Eureka input, many apps based on Cosmos and Blockchains can now be accessed for more users by expanding IBC to Ethereum. With the new protocol, developers can create multiple doctors applications via multiple environmental systems without fragmenting user base.
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The advertisement said that most projects Dependence on bridges for inter -employmentWhich led to the introduction of the mediators as well as the fragmentation of the user and liquidity. With bridges, users can simply transfer assets between Blockchains, while with Eureka, developers are considered to provide original interim operation.
Cosmos Hub integration image. source: universe
Cointelegraph has arrived at Interchain, Organizing behind the universeBut no response was received by the publication.
How IBC Eureka works
Eureka depends on a distribution area that allows developers to access all IBC connections, users, liquidity and services without additional infrastructure. Cosmos Hub also allows users access to applications, services and assets across the embedded ecosystems.
Related to: Cosmos ecosys’ ecosyste
Some early use include Bitcoin Staking Babylon, whose users will now be able to transfer the distinctive symbols of Bitcoin from ETHEREUM to the Babylon series based on Cosmos. Likewise, the Defi Finance Protocol (Defi) will enable trading with a weth (Weth), Bitcoin Cabbage (Wbtc) And USDT (USDT) From ethereum.
More next integration
In the future, developers promise that users will be able to take advantage of the DYDX multiple features in DYDX for the main stock exchange (DeX). It is said that the real asset icon platform will also be known as the ETHEREUM capital to the universe -based real estate markets, amazing infrastructure applications and Defi applications.
According to the advertisement, IBC – which Eureka Promises – has facilitated up to 3 billion dollars in the volume of transactions between more than 115 Blockchain monthly since its launch. However, integration was far from smoothly for Blockchains that were not part of the Cosmos ecosystem.
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