Avalanche, a high throughput blockchain using the Snow Protocol for consensus, is joining Cosmos, according to the latest Interchain Foundation (ICF) update on October 31. Interchain Foundation, the non-profit organization that stewards the Cosmos ecosystem, revealed that the Landslide Network, a platform bridging IBC-enabled platform to Avalanche, is developing a light client on Avalanche.
This client will link the scalable layer with the Cosmos Hub and other compatible blockchains, including Kava and the BNB Chain. The Cosmos Hub is key to the ecosystem since it allows other blockchains to connect and communicate seamlessly via the IBC.
Avalanche Joins Cosmos, Will DeFi Benefit?
Landslide launched the incentivized testnet on November 1, marking the first concrete steps for Inter-Blockchain Communication (IBC) to connect with Avalanche. The goal, the ICF said, will be to boost decentralized finance (DeFi) activities between the two ecosystems, allowing assets to flow freely.
Technically, Avalanche isn’t compatible with the IBC and Cosmos because the two networks, though popular, use different consensus algorithms. For instance, Avalanche uses the Snow Protocol, while Cosmos and other Cosmos-enabled blockchains rely on the Tendermint…