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StarkWare to Integrate Cosmos’ IBC Protocol into Starknet

Jul 28, 2024 #仮想通貨
StarkWare to Integrate Cosmos’ IBC Protocol into Starknetコインチェーン 仮想通貨ニュース

StarkWare plans to integrate Cosmos’ Inter-Blockchain Communication (IBC) protocol into Starknet, enhancing interoperability and decentralization.

Points

  • StarkWare to integrate Cosmos’ IBC protocol into Starknet.
  • Collaboration with Informal Systems aims to enhance interoperability.
  • Starknet and Cosmos operate on different codebases.
  • Integration allows Starknet to connect with any IBC-compatible chain.
  • Partnership focuses on achieving enhanced decentralization and interoperability.

StarkWare, the core contributor and developer of Ethereum Layer 2 solution Starknet, has announced plans to integrate the Inter-Blockchain Communication (IBC) protocol from the Cosmos ecosystem. This integration, in collaboration with Cosmos contributor Informal Systems, aims to enhance interoperability and decentralization for Starknet.

Currently, Starknet and Cosmos operate on different codebases. Starknet is a permissionless decentralized ZK-Rollup functioning as a Layer 2 network on Ethereum. It uses STARK proofs to ensure high throughput and low transaction costs while maintaining the security of the mainnet. In contrast, Cosmos is an ecosystem comprising several chains developed using the Cosmos SDK. These chains utilize the Tendermint consensus mechanism and communicate with each other via the IBC protocol.

The integration of IBC will enable Starknet to connect with any IBC-compatible chain, including all Cosmos chains and others outside the Cosmos ecosystem that have adopted this feature. StarkWare explained that this partnership with Informal Systems is focused on achieving enhanced decentralization and expanding interoperability for Starknet.

COINCHAIN CRYPTO NEWS

A fundamental component that makes IBC efficient is its utilization of light client verification. When two chains wish to communicate, there’s no need to validate the entire counterpart’s state. Instead, they use light clients — streamlined versions of a blockchain node — to authenticate cryptographic proofs tied to transactions on the opposite chain.

StarkWare’s Ongoing Innovations

Over the past year, StarkWare has been actively working on several research and development initiatives. These include bringing STARKs to Bitcoin, developing a ZKThreads framework for “fractal scaling,” and exploring parallel transaction execution. These innovations aim to enhance the scalability and efficiency of blockchain networks.

The partnership with Informal Systems and the integration of IBC into Starknet is another step towards achieving StarkWare’s vision of a highly scalable and interoperable blockchain ecosystem. By leveraging the strengths of both Starknet and Cosmos, this collaboration aims to create a more connected and decentralized blockchain infrastructure.

解説

  • Interoperability: The integration of Cosmos’ IBC protocol into Starknet enhances interoperability between different blockchain networks. This allows for seamless communication and interaction between Starknet and IBC-compatible chains, broadening the scope and utility of both ecosystems.
  • Decentralization: The partnership focuses on achieving enhanced decentralization, a core principle of blockchain technology. By enabling more chains to connect and interact, the overall blockchain network becomes more decentralized and resilient.
  • Light Client Verification: Utilizing light client verification for IBC ensures efficient and secure communication between chains without the need to validate the entire state of the counterpart chain. This method enhances the speed and efficiency of cross-chain transactions.
  • StarkWare’s Innovations: StarkWare’s ongoing research and development efforts, including the integration of IBC, demonstrate its commitment to advancing blockchain technology. These innovations aim to improve scalability, efficiency, and interoperability across the blockchain ecosystem.
  • Future Prospects: The collaboration between StarkWare and Informal Systems and the integration of IBC into Starknet is a significant step towards a more interconnected and decentralized blockchain future. This partnership is expected to drive further innovation and adoption of blockchain technology.