Cosmos EVM: Unlocking Interoperability

A New Chapter in Cosmos

The Cosmos ecosystem, a decentralized network of parallel blockchains, has taken a significant stride with the open-sourcing of Evmos, a native EVM (Ethereum Virtual Machine) framework. This move, backed by the Interchain Foundation, promises to revolutionize EVM adoption across the Cosmos ecosystem and bolster Ethereum-Cosmos interoperability.

The EVM Conundrum

Before diving into the details of this development, let’s first understand the need for a canonical EVM in the Cosmos ecosystem. Ethereum, the world’s largest smart contract platform, operates on the EVM, a powerful tool that executes contract bytecode. However, Ethereum’s scalability issues have led to the exploration of alternative solutions, with Cosmos emerging as a viable option. Yet, the lack of a canonical EVM in the Cosmos ecosystem has been a hurdle to widespread adoption.

Evmos: A Game Changer

The Interchain Foundation’s decision to fund the open-sourcing of Evmos under the Apache 2.0 license is a game-changer. Evmos, developed by Tharsis Labs, is a fully customizable, modular, and interoperable EVM for Cosmos. Built on Cosmos-SDK and leveraging the Inter-Blockchain Communication (IBC) protocol, Evmos enables cross-chain communication, making it an ideal solution for scaling DeFi applications.

The open-sourcing of Evmos will provide developers with greater freedom to contribute, modify, and improve the EVM framework. This move is expected to accelerate EVM adoption in the Cosmos ecosystem, enhancing interoperability between Cosmos and Ethereum.

Unlocking Potential

The integration of Evmos as the main EVM solution for Cosmos promises several benefits:

Conclusion: A New Era of Interoperability

The open-sourcing of Evmos marks the beginning of a new era of interoperability in the Cosmos ecosystem. It promises to streamline EVM adoption, strengthen Ethereum-Cosmos support, and accelerate the growth and adoption of the Cosmos network. As the Cosmos ecosystem continues to evolve and mature, developments like these will undoubtedly shape its future.

Sources:

– Cosmos gets a canonical EVM
– Cosmos’ Interchain Foundation (ICF) has funded the open-source of Evmos
– Cosmos EVM will be fully open source
– evmOS will be made open-source
– Cosmos EVM will be fully open source
– evmOS is the trusted EVM in Cosmos
– Welcome, Cosmos EVM
– Cosmos gets a canonical EVM
– The integration of evmOS as the main EVM solution for Cosmos