Cosmos Donates IBC Protocol to LF Decentralized Trust
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Cosmos, in collaboration with the non-profit organization Interchain Foundation, has announced the donation of the cross-chain communication protocol IBC to the LF Decentralized Trust, a decentralized technology organization under the Linux Foundation. Moving forward, IBC will be hosted as a project by this organization, with all participating parties collaboratively advancing protocol development under a neutral governance framework. This donation is supported by Google Cloud and was jointly initiated by representatives from 21 institutions, including Wells Fargo, Figure Markets, OpenZeppelin, Cardano Foundation, and Injective Labs.
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