Cosmos developers finalize the first IBC transaction with Ethereum testnet
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Cosmos developers have successfully completed the first Inter-Blockchain Communication (IBC) transaction directly between Cosmos Hub and Ethereum's testnet. This milestone is part of the upcoming Eureka upgrade and represents a significant step towards the project's goal of creating a universal blockchain communication standard.
March 27, 2025 | 11:30 am
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POSITIVE IMPACT
The successful IBC transaction demonstrates Cosmos's technical progress and potential to become a leading blockchain communication protocol.
The successful IBC transaction directly enhances Cosmos's technological capabilities, potentially increasing investor confidence and attracting more developers to the ecosystem.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 90