Espresso Supports Cosmos Contribution of IBC Protocol to LF Decentralized Trust
The blockchain infrastructure layer Espresso has added support for Cosmos and the Interchain Foundation to contribute the cross-chain communication protocol IBC to the LF Decentralized Trust under the Linux Foundation. Espresso stated that the combination of an open cross-chain messaging standard with sub-second finality will enable multi-chain finance to operate like a unified market. LF Decentralized Trust is a decentralized technology organization under the Linux Foundation that hosts open-source ledger technology used by major banks worldwide.
-- Price
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