Cosmos finally launches IBC protocol for developers
Cosmos, a decentralized network of independent parallel blockchains, has launched a new software development kit (SDK) called Stargate, which marks the initiation of the highly-anticipated Inter Blockchain Communication (IBC) protocol.
Stargate will allow different application-specific blockchains to operate with one other to share data and tokens. Developers can avail of the accompanying developer kit to utilize decentralized applications that will work across blockchains that were built using the Cosmos SDK.
Before the launch, Stargate was tested by a number of different teams, including Regen Network, Interchain Foundation, Iqlusion, Agoric, Informal Systems, and Tendermint.
Not only the release of the new software development kit enables interoperability features, but it also contributes to improving network efficiency, including faster full node sync and node upgrades.
Yet another upgrade in Cosmos SDK is the introduction of protocol buffers, Google’s data serialization standard that makes the use of data across various streams and programming languages easier.
The network’s native token, ATOM, rocketed to 4.3% in the last 24 hours. It’s currently trading hands at $6.69.