Cardano Integrates IBC Protocol to Enhance Connectivity and Join Cross-Chain Ecosystems
The Cardano Foundation announced the Integration of Cross-Chain Communication Protocol (IBC) for enabling reliable transaction and data exchange across different blockchain networks to enhance connectivity and join the cross-chain ecosystem. By bringing IBC functionality to Cardano, projects seeking to build a bridge between the Cardano network and Cosmos SDK-based sidechains may utilize this solution. In addition to joining the cross-chain ecosystem, the implementation of IBC for Cardano adds another option for connecting Ethernet Virtual Machine (EVM)-based sidechains to Cardano. This will allow developers to seamlessly deploy EVM-based decentralized applications (DApps) on the Cardano sidechain.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The Secretary of the National Security and Defense Council of Ukraine and his team have departed for the United States.
Shanghai's fintech industry scale in 2024 is approximately 440.5 billions yuan.
A certain whale shorted 5,000 ETH with 5x leverage, worth approximately $15.02 million.
Froggie market cap is now $8.18 million, with a 24-hour increase of 37.09%.