Blockchain ecosystem Cosmos announced the launch of Stargate, a series of upgrades that cover performance improvements related to the Cosmos Software Developer Kit (SDK).
The upgrades also extend to the Inter-Blockchain Protocol (IBC), which provides interoperability by allowing blockchains to communicate with each other.
Christopher Goes, lead developer of the IBC protocol, said, “For the first time, blockchains can be trustlessly interconnected, ushering in a new era of networked blockchains, much like TCP-IP in an era of networked computers.
“IBC will have a transformative impact on the blockchain space by creating an ecosystem of politically independent chains that can interact through trade and information exchange. The joining together of many different blockchains can form a new crypto-economic system that is more resilient, more efficient and locally more sovereign. “
🔊 Cosmos community of validators, developers, integrators, customers, end users and $ ATOM owners … Stargate is live! 🎉
Congratulations to Cosmos Hub Validators and Engineers for making this possible! 🎉https: //t.co/ZJrEa8QIq0
Today we enter the #Stargate! 🚀 https://t.co/VOYsTKDKYe
– Cosmos – Internet of Blockchains (@cosmos) February 18, 2021
Stargate is the largest software upgrade in Cosmos history and a collaboration between seven distributed entities in the ecosystem, including Regen, Interchain GmbH, Agoric, Tendermint Inc., Akash, Informal Systems and Iqlusion.
There are currently more than 200 projects running in the Tendermint ecosystem, 70 of which operate a mainnet.
Ethan Buchman, Co-Founder of Cosmos, added: “We are about to evolve from the Web to Web 3.0 and the Stargate version is bringing the Cosmos ‘Internet of Blockchains’ to life.
“Sovereignty and interoperability are no longer mutually exclusive and we look forward to welcoming people to the Cosmos ecosystem so that we can build the decentralized web together.”
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