According to Techub News, The Block reports that Interchain Labs has launched a new bridge product called IBC Eureka, designed to connect Ethereum and Cosmos blockchain systems. IBC Eureka expands the second version of the inter-blockchain communication ( IBC ) protocol, allowing for fast and cost-effective connections between Ethereum and Cosmos, utilizing Cosmos Hub to support IBC routing.
Ethereum has now become the first non-Cosmos network to join the IBC ecosystem. The Eureka developer program plans to add networks such as Solana, Base, and Arbitrum in the future. The system aims to reduce the transfer costs from Ethereum to Cosmos (including Gas fees and relay fees) to below 1 dollar.
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Ethereum has connected to Cosmos via IBC Eureka.
According to Techub News, The Block reports that Interchain Labs has launched a new bridge product called IBC Eureka, designed to connect Ethereum and Cosmos blockchain systems. IBC Eureka expands the second version of the inter-blockchain communication ( IBC ) protocol, allowing for fast and cost-effective connections between Ethereum and Cosmos, utilizing Cosmos Hub to support IBC routing.
Ethereum has now become the first non-Cosmos network to join the IBC ecosystem. The Eureka developer program plans to add networks such as Solana, Base, and Arbitrum in the future. The system aims to reduce the transfer costs from Ethereum to Cosmos (including Gas fees and relay fees) to below 1 dollar.