Bridging the Gap between Bitcoin Security and Ethereum’s Smart Contract Ecosystem
Weare excited to announce the integration of the Babylon Testnet with Evmos, a significant milestone in the development of secure cross-chain applications. This collaboration paves that way for developers to create Ethereum-based smart contracts while leveraging the security of Bitcoin provided by Babylon.
Enhancing Security and Functionality for Cross-Chain Applications:
The integration of Babylon and Evmos empowers developers to build cross-chain applications that benefit from the powerful combination of enhanced bitcoin security and smart contract functionality. Babylon leverages the immense hash power and time-stamping capabilities of Bitcoin, significantly enhancing the security of both Evmos and the broader Cosmos ecosystem. Furthermore, Babylon’s innovative approach allows for PoS chains to significantly reduce their secure stake unbonding time from weeks to as little as a few hours. This advanced security measure enables safer high-value asset transfers across bridges between PoS chains.
Expanding Cross-Chain Applications and Messaging:
Cross-chain infrastructure provides the benefit of composability, enabling the smooth fusion of applications, liquidity, and data from formerly separate blockchains while removing obstacles to interoperability. Evmos and Babylon’s collaboration is set to broaden the horizons of cross-chain applications and communications. This further enables the development of innovative cross-chain applications, such as DEXs capable of accessing liquidity and user groups from various ecosystems.
We eagerly anticipate a more robust and integrated ecosystem in which users can more securely transfer assets and information between chains. This environment will allow developers to devise cutting-edge cross-chain applications, further enhancing the interconnectedness of the ecosystem.
Looking Ahead
As blockchain technology evolves, the integration of Babylon Testnet and Evmos marks a significant step forward in creating secure, cross-chain applications. By combining the power of Ethereum’s smart contract functionality with Bitcoin’s security, we are paving the way for a more robust and interconnected blockchain ecosystem. This collaboration promises to unlock new possibilities and deliver a more unified, secure, and efficient user experience across the entire blockchain landscape.
About Evmos
Evmos is an Ethereum Virtual Machine–based blockchain in the Cosmos ecosystem and enables developers to launch apps that run smart contracts across any number of EVM- and Cosmos-based blockchains. It makes that process as simple and seamless as possible by allowing developers to continue creating apps in Solidity and Vyper like they’re accustomed to in the Ethereum ecosystem. Evmos opens a new frontier for blockchain applications, expanding the functionality of the EVM by enabling cross-chain applications that tap the liquidity and user bases of multiple blockchain ecosystems to provide a more unified experience.
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