Cosmos Meets Ethereum: A Blockchain Love Story 🚀💔

by

“`html

Cosmos Meets <a href="https://bbg-news.com/eth-usd/">Ethereum</a>: A Blockchain Love Story 🚀💔

In a move that can only be described as blockchain diplomacy, the Interchain Foundation has thrown its weight behind the open-sourcing of evmOS—now rebranded as Cosmos EVM—as the de facto Ethereum Virtual Machine framework for the Cosmos ecosystem. Because, apparently, one blockchain’s existential crisis is another’s golden opportunity. 🌐💡

ICF Funds Standardized EVM Integration

The Cosmos ecosystem, ever the overachiever, has taken a bold leap towards Ethereum interoperability. With the open-sourcing of evmOS—now Cosmos EVM—the Interchain Foundation (ICF) has decided to standardize EVM implementation across the Cosmos SDK-based chains. That’s right, over 200 application-specific blockchains are now invited to the Ethereum compatibility party. 🎉🔗

Tharsis Labs, the brains behind evmOS, will open-source the framework, making it accessible across the Cosmos network. Now, any Cosmos chain can integrate Ethereum-compatible smart contracts, wallets, and infrastructure without the hassle of adopting a full Ethereum stack. Because who needs commitment when you can just borrow someone else’s tech? 🤷‍♂️💻

Strengthening Cross-Chain Compatibility

By embedding native EVM capabilities into Cosmos SDK chains, Cosmos EVM enables seamless integration with Ethereum tooling, including JSON-RPC support and ERC-20 token compatibility. This integration is expected to enhance liquidity flow and strengthen connectivity between Cosmos and other EVM-based ecosystems via the Inter-Blockchain Communication (IBC) protocol. Because nothing says “blockchain harmony” like a protocol named after a beer. 🍺📡

According to Barry Plunkett, co-CEO of Interchain Labs,

“This will make it extremely seamless for Cosmos developers to have an EVM and extend its functionality with Cosmos.”

Translation: “We’re making it easier for Cosmos to borrow Ethereum’s homework.” 📚✍️

The Interchain Foundation highlighted that the open-sourced Cosmos EVM will promote permissionless innovation and accelerate the scaling of decentralized finance (DeFi) applications across chains. Because, in the blockchain world, innovation is just a fancy word for “copying Ethereum.” 🚀💸

Leadership Transition and Project Continuity

As part of the transition, Federico Kunze Küllmer, co-founder of Evmos, will step down as a core contributor but continue to advise the ICF on Cosmos EVM’s modular architecture and interoperability. Altiplanic, his development firm and a key contributor to Evmos’ codebase, will also exit active development roles. Because nothing says “project continuity” like a leadership shuffle. 🎭🔄

Despite the shift in leadership, the ICF reaffirmed its commitment to the project’s roadmap. The foundation aims to make Cosmos EVM a go-to solution for all proof-of-stake networks looking to onboard EVM capabilities and drive broader Web3 adoption. Because, in the end, everyone wants a piece of the Ethereum pie. 🥧🔗

EVM Adoption Marks Strategic Pivot for Cosmos

Originally conceptualized in 2016 as Ethermint and launched on mainnet in 2022, Evmos was developed to bridge Ethereum’s smart contract functionality into the Cosmos ecosystem. The decision to formally adopt an open-source EVM standard signals a strategic shift for Cosmos as it deepens its interoperability with the dominant smart contract ecosystem. Because, let’s face it, if you can’t beat Ethereum, join it. 🤝💻

Meanwhile, Evmos’s native token has seen a sharp decline, falling over 30% in the last 24 hours, according to data from The Block. Because nothing says “strategic pivot” like a plummeting token price. 📉💸

“`

Read More

2025-03-19 19:05