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
A certain whale bought 251 BTC within 6 hours, worth $24.18 million.
A certain whale spent $5.53 million to accumulate 1,760 ETH.
A newly created wallet bought 2.09 million EDEL after withdrawing 47.46 ETH from an exchange.