Incredible work making this possible @GjermundGaraba@srdtrk!! And of course thanks to all the engineers who worked on IBC these past years to make it the most secure interoperability protocol, we're carrying the torch forward to Ethereum and new ecosystems beyond π«‘
Hello Ethereum! Meet @IBCProtocol and @cosmoshub:
https://t.co/ZouZs2LHax
The first ever mainnet IBC v2 transaction was 1 ATOM from @cosmoshub to @ethereum.
Shout out to the amazing engineers from the IBC Team who made this possible: @srdtrk@turingtestrun
The IBC team is grinding on an insane upgrade to IBC β a real v2 β called IBC Eureka
The tldr:
1. 10x simpler
2. 100x faster/easier to implement in smart contracts
3. Still powerful, permissionless, and neutral
The IBC revolution will finally expand everywhere NATIVELY
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1/ Announcing EURe on Noble! β¨β¨
Noble and @monerium have partnered to bring the first fully regulated, authorized & collateralized Euro stablecoin to the ever expanding network of IBC blockchains
Why is this significant? π Your wallet is your bank account
Letβs dive in! π
Verifying IBC light client proofs on Ethereum is expensive. Thankfully, ZK proofs offer a scalable solution that reduces the cost.
The IBC team at @interchain_io built a proof-of-concept for an EVM Tendermint Light Client using @succinctlabs SP1.
I've released go-codegen v0.2 this week, which can now generate an interchaintest-based test suite, along with message definitions and a gRPC query client for @CosmWasm contracts.
Join me at the @AwesomWasm in Berlin, where I'll demonstrate how to leverage @strangelovelabs' interchaintest with go-codegen to efficiently test IBC-enabled @CosmWasm applications. Don't miss out! π
Check out the repo here: https://t.co/nPILMCrPtg
#IBC #CosmWasm
Explore the growing spectrum of ways to build with IBC, & how the protocol is set up to stay relevant in an ever-changing landscape.
Join the panel featuring industry leaders: @adrianbrink from @anoma, Callum Waters from @CelestiaOrg, @turingtestrun from @interchain_io, & moderated by @tmsdkeys from @Polymer_Labs.
ποΈDon't miss out! https://t.co/5hCTbLnGrx
Weβve been quiet the last few weeks, putting the final touches on our whitepaper and new website.
The whitepaper is under review by many of our Cosmos & Ethereum friends
And the website is now live π https://t.co/DKezYvIvbA
Incredible work by the IBC team. This approach could be generalized to any architecture that allows parallel statemachines to run on the same consensus model. Thinking here of rollups, restaking AVS, etc. More ecosystem expansion from us incoming...
π IBC x Optimism
Excited to share that after 3.5 weeks of intense development, we're open-sourcing our proof of concept for integrating ibc-go with Optimism and Geth. This POC showcases a unique sidecar process alongside Optimistic Geth, leveraging a modified Cosmos-SDK rollup driven by Optimism, not Comet BFT. Our goal? To seamlessly blend blocks from this rollup and Geth into one, offering an experience where users interact with Geth, unaware of the underlying IBC chain recording state. π
Huge shoutout to @Polymer_Labs for their groundbreaking contributions that significantly propelled our work forward! π
Though still in development and not ready for production, this exploration opens multiple potential pathways, such as using state transition functions with @cosmos_sdk's serverv2 instead of a full CosmosSDK rollup. We may also discard this work and consider other integration approaches for Optimism.
Dive into our repos for a closer look at this pioneering venture:
- https://t.co/4aHQUtP6hi - Our initial proof of concept and our composite execution engine.
- https://t.co/3cuOPjrRjN - A fork of Polymer's monomer rollup, this acts as the sidecar IBC chain.
- https://t.co/ewBYWQ4JnY - Our fork of optimism only to run and modify the end-to-end tests, focusing currently on the `poc-develop` branch.
#Optimism #IBC #Interchain
Generally agreed on everything here! Though I doubt it is ever possible to get things right on the first try. My work in IBC is complete when the protocol is adaptable enough for future devs to undo all the mistakes we made
@seppwurscht I'll give an answer here from my perspective, although
I'm only one observer (and perhaps biased). I also want to note that I still think IBC is the best, and certainly most-standardized, blockchain interoperability protocol currently in existence - nothing even comes close.
Thrilled to win 1st place in the Web3 track! ππ
Huge thanks to the @Injective_ team for the exceptional support on Discord. π
Shoutout to @susevans for the enriching discussions and @TheCyberHoward for the early feedback on cw-ica-controller. π
@seunlanlege agreed that handshakes should be compressed for resource-constrained envs. client <-> app as cheaply as possible soon
ack/timeout are great and should stay
an interop protocol that requires shared security is just a scaling solution
In 2024, IBC will expand to new ecosystems.
One of the targets is the OP Stack, a framework built by @optimism, Ethereum's second-largest rollup.
But how do you port a well-defined interoperability protocol to the OP Stack framework?
A preview into architecture π§΅
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we're probably going to see more front-end attacks which just send malicious transaction data to hardware wallets, hardware wallet UX and state readability is a security issue
Rollups require secure and flexible interoperability infrastructure. What's best for that?
IBC π€ Rollups.
A highlight thread on innovative rollup teams leveraging IBC.
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Ethereum and its rollups deserve the best multi-chain infrastructure. Thatβs why itβs our mission to standardize interoperability with Polymer and @IBCProtocol.
Weβre excited to present our new architecture as an ETH L2 bringing IBC to Ethereum.
https://t.co/XOIzqQJEd0
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