The Interchain Foundation (ICF) is thrilled to introduce Landslide, the brilliant minds behind the IBC light client on Avalanche. This endeavor signifies a momentous leap toward fortifying the interchain, facilitating enhanced connectivity and interoperability across diverse blockchain networks. Landslide is all set to launch its incentivized testnet on November 1.
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Landslide, a distinguished member of the Interchain Builders Program and a subnet on Avalanche, proudly announces its IBC connection to Avalanche. This development opens the door to seamless interoperability between Avalanche, Cosmos Hub, and over 100 other IBC-enabled chains.
The initiative promises to revolutionize the DeFi ecosystem, enabling IBC-compliant dApps to operate seamlessly on the Avalanche network. Leveraging the unparalleled security features unique to IBC, this development guarantees not just interoperability but also a level of trust and security that sets a new standard for cross-chain interactions.
The Promise of Avalanche
Avalanche's innovative metastable consensus protocol tackles the challenges of scaling sub-linearly and minimizing communication overhead. This design empowers Avalanche to support a substantial number of validators without compromising decentralization or throughput.
Moreover, the Avalanche consensus scales seamlessly to thousands of concurrent validators without performance degradation, establishing it as one of the most secure protocols for internet scaling systems. The network has successfully onboarded prominent EVM projects, processing an average of approximately one million transactions daily.
A Unique Collaborative Effort
This IBC light client is the product of a unique collaboration between Landslide and StrangeLove, each bringing indispensable talents and groundbreaking expertise to the project. Strangelove, a Distributed Development Team of the ICF, specializes in IBC-centric initiatives, including the development of the IBC Go relayer and interchain tests. Landslide, leveraging years of innovation and technological mastery, elevates the project to unprecedented heights.
Together, they form a powerhouse alliance with the skills and vision to redefine blockchain interconnectivity and scalability. Their collective efforts represent a significant advancement in the decentralized web, reflecting a future where collaboration fuels progress and transformation.
A Vision for the Future
Nathan Windsor, Co-founder and CEO of Landslide, stated, "It is an honor to be working with the Interchain community, and the ICF has been enormously helpful to us. Our team has a long history of working on Cosmos infrastructure since the Ethermint days in 2018, and we are excited to bring IBC to Avalanche.
IBC is fundamentally the most secure and safest bridge technology in the world. Between January 2022 and February 2023, IBC processed $29B in transaction volume and lost $0. Even banking infrastructure can’t provide that type of service; only IBC can."
"Bringing IBC to Avalanche marks a huge milestone for the future of IBC and trustless blockchain interoperability."
Jack Zampolin
"Strangelove is thrilled to have partnered with the impressive Landslide team on this crucial development that advances our mission to expand IBC across the entire crypto industry," added Jack.
Ava Labs shared this comment, “Landslide brings CosmWasm to Avalanche’s novel consensus mechanism along with a gateway between the Cosmos and Avalanche ecosystems unified by IBC and Avalanche Warp Messaging. We are excited to see where this partnership takes the technology.”
Unifying Visions and Technologies
Landslide's commitment to building the IBC light client on Avalanche aligns seamlessly with the ICF's vision of fostering robust connections between diverse blockchain networks. Leveraging Avalanche's unique scalability characteristics, Landslide's project holds the potential to significantly enhance the interchain's functionality.
The expansion of the interchain into additional ecosystems marks an incredibly positive development. IBC connectivity paves the way for a diverse, sovereign, and interoperable network of blockchains. This allows for various consensus mechanisms, security protocols, and SDKs to coexist harmoniously.
Landslide's innovative approach to overcoming technical barriers mirrors the secure, permission-minimized ethos of IBC.
"We are optimistic that their endeavors will greatly advance the continuous evolution of the interchain, facilitating smoother transactions and connections across diverse networks. Stay tuned for updates on this and other initiatives as we continue to work tirelessly towards the realization of our mission," shared the team.
IBC is Coming to Avalanche: Meet Landslide
blockster.com
31 October 2023 14:50, UTC