Dymension, a blockchain development firm, has announced that it is developing an EVM-compatible Layer 2 rollup scaling solution that will integrate with Cosmos, which is an ecosystem consisting of multiple Layer 1 blockchains.
Although Cosmos currently lacks Layer 2 solutions, they are gradually emerging. Dymension’s Layer 2 rollup will be compatible with the Ethereum Virtual Machine (EVM), a computing environment commonly used by Ethereum, and will enable developers to write and deploy Ethereum applications. This task is typically challenging due to differences in code between Cosmos and Ethereum.
Currently, in the testing phase, Dymension’s rollup will be launched as a Layer 2 solution on Evmos, a blockchain within the Cosmos ecosystem, according to an announcement. The company cites close collaboration with the Evmos core team and a data availability protocol called Celestia.
coinculture.com