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Description

Introducing the Inter-Blockchain Communication Protocol, often referred to as IBC, which functions as the IP layer specifically designed for blockchains. IBC stands out as the most secure, decentralized method for transferring assets between various blockchains, facilitating interoperability across a multitude of chains. Evmos, utilizing the Cosmos SDK, is the pioneering IBC-compatible EVM-based chain that enhances Ethereum's capabilities by introducing composability, interoperability, and rapid finality. Built on a scalable proof-of-stake model, Evmos provides a version of Ethereum that is both efficient and adaptable. This platform enables the operation of standard Ethereum as a specialized Cosmos application blockchain, allowing developers to harness Ethereum's essential features while reaping the benefits of Tendermint's PoS framework. Additionally, being constructed upon the Cosmos SDK, Evmos is equipped to transact value seamlessly within the broader Cosmos Ecosystem via the IBC protocol, thus broadening its potential use cases and enhancing cross-chain interactions. Overall, Evmos represents a significant advancement in blockchain technology, merging the strengths of both Ethereum and Cosmos into a single, powerful platform.

Description

Poly Network is designed to facilitate interoperability among various blockchain networks, aiming to create the infrastructure for the next generation of the internet. It allows both similar and diverse public blockchains to connect via a fair and open admission process, enabling communication across different chains. Currently, Poly Network has successfully integrated a range of prominent blockchains, including Bitcoin, Ethereum, Neo, Ontology, Elrond, Ziliqa, Binance Smart Chain, Switcheo, and Huobi ECO Chain. The platform encourages more institutions and organizations to join in this collaborative effort to advance internet technology. Remarkably, no significant modifications are necessary to the underlying technology; simply deploying two smart contracts is enough to enable cross-chain capabilities for those blockchains that support smart contracts. For blockchains lacking smart contract functionality, incorporating two specific modules can achieve the same goal of interoperability. Through these approaches, Poly Network aims to expand its ecosystem and further enhance blockchain collaboration.