The Interchain Basis has revealed its 2024 roadmap for Cosmos, prioritizing blockchain modularity, interoperability, and attracting Ethereum ecosystem builders.
The Interchain Basis, a non-profit with a mission to bolster the adoption of Cosmos, just lately unveiled its roadmap for 2024. Their ambition is to redefine the panorama of what’s popularly generally known as the “web of blockchains.”
On the core of this 50-page doc lies Cosmos’ dedication to blockchain modularity and interoperability, ideas which might be basic to the community.
These underline Cosmos’ intention to function a conduit, connecting varied blockchain protocols, permitting seamless communication and transaction processes with out necessitating token wrapping.
The emphasis on Ethereum(ETH) rollups reveals a transparent intention: to cater to builders who’ve discovered layer-2 options limiting.
A pivotal aspect in Cosmos’ technique is its Inter-Blockchain Communication protocol (IBC).
In 2024, the first aim of IBC is to combine it with zero-knowledge and optimistic rollup frameworks, increasing its horizons additional.
Alongside, Cosmos’ Software program Developer Equipment (SDK) emphasizes the platform’s edge over Ethereum, significantly by way of customizability.
This distinct benefit is attributed to Cosmos’ inherent flexibility, a byproduct of its modularity, which delineates blockchain functionalities.
Nevertheless, it’s important to notice, as Cosmos SDK admits, that whereas their software program is theoretically modular, sensible software is considerably difficult.
Maria Gomez, Interchain Basis’s managing director, mentioned Cosmos has discovered it difficult to attraction to builders, primarily as a result of absence of a local token which may function a monetary incentive.
Ethereum’s Vitalik Buterin, for example, presents roadmaps that, even when not realized, stir pleasure and foster conversations.
This narrative-driven engagement is what Cosmos aspires to copy with its 2024 roadmap. As Gomez places it, they’re aiming to seize builders’ imaginations in a way much like Ethereum.
Information from Token Terminal reveals that there have been 660 adjustments to the Cosmos Hub, the foundational blockchain of Cosmos, in September.