Evmos plans to stop supporting Cosmos transactions and focus on EVM-based transactions
Layer1 blockchain Evmos' core team plans to stop supporting Cosmos transactions and instead focus on transactions based on the Ethereum EVM. This means that the core network will only support wallets and tools based on Ethereum, not wallets and tools designed for Cosmos. The transition to a single transaction format is expected to simplify the development workflow and improve the efficiency of Ethereum wallets on the network. Evmos announced a phased cessation of Cosmos transactions, with the goal of completing it fully in the third quarter of 2024. (The Block)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Significant Bitcoin, Ethereum and Litecoin Move by US Giant Company
A major US company has announced that it will now accept various cryptocurrencies, including Bitcoin, from its customers.
Analysis Company Makes Prediction for Bitcoin After the US Election: “Even If Donald Trump Wins…”
Cryptocurrency analysis company QCP Capital made a new future prediction for the Bitcoin price in its statement.
What Will Happen to Sued Altcoins If SEC Chairman Changes After US Elections?
If Donald Trump becomes the US President and the SEC Chairman changes, what will be the future of the altcoins that have been sued?
AAVE breaks above $140