Cosmos Upgrades to Stargate: Another 2017 ICO Very Nearly Completes Its Vision


Cosmos’s Stargate upgrade will go live on Thursday at 6:00 UTC. The Cosmos community recommends interested observers to check out the @cosmos account on Twitter.

Stargate is an important milestone for the Cosmos project on the way to the introduction of its IBC protocol (Inter-Blockchain-Communication), with which the more than 200 Tendermint-based blockchains can work together without any problems. The era of blockchain cross-pollination is almost here.

Stargate enables a number of other improvements as well. The chain runs more efficiently, upgrades are much faster, and full nodes can be synchronized more quickly.

“Stargate is updating all software that IBC enables for ATOM, but there is an additional governance proposal before tokens can be transferred to and from the hub,” Iqlusion founder Zaki Manian told CoinDesk in an email.

IBC will take at least two more weeks to go into effect, but the software to run it is now in place.

“The Foamspace team is looking forward to the Stargate launch in the Cosmos Hub, a crucial moment for the blockchain ecosystem that will allow the FOAM Proof of Location wireless protocol to be fully realized through local consensus with global scalability,” said Ryan John King , CEO of FOAM, told CoinDesk in an email.

The Kava team are cautiously optimistic about Stargate. “Before we can roll out IBC, we need to do a number of reliable internal tests and verifications to make sure they are interacting with the Kava blockchain as intended. Once this is done, Kava is excited to announce the integration of IBC, ”Brian Kerr, CEO of Kava, told CoinDesk.

Another founder told CoinDesk that he was particularly enthusiastic about the cross-cosmos vision of Cosmos.

“The main reason I chose Cosmos to advance the technology in my company was the planned interoperability between different Cosmos zones,” Neeraj Murarka, CTO of Bluzelle, the decentralized dapp data storage company, told CoinDesk in an E -Mail. “I wasn’t just interested in an isolated network running my company. Interoperability is a big advantage. “

His interest didn’t stop there, however. It’s also the ability to scale to many users and many ecosystems. “One of the main main advantages I want to use with Stargate and IBC is scalability. It’s very difficult to scale blockchains, ”Murarka wrote. He hopes Cosmos will enable Bluzelle to reach apps in many chains.

Kavas Kerr sounded similar: “Once IBC is integrated, Kava can be quickly expanded to include hundreds of new blockchains and their users. We expect IBC to be a major catalyst for the growth of the Kava platform. “

Real fans can follow the launch party, where members of the Cosmos team upgrade live from 5:45 UTC.