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Evmos Ends Cosmos Support, Focuses on Ethereum- Based Transactions

Published 07/11/2023, 21:07
Updated 07/11/2023, 21:15
© Reuters.  Evmos Ends Cosmos Support, Focuses on Ethereum- Based Transactions
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  • Evmos is planning to stop supporting Cosmos transactions.
  • The Evmos core team wants to focus exclusively on Ethereum-based transactions.
  • According to the team, the process would improve the efficiency of Ethereum wallets on its network.

Evmos, the layer-one blockchain solution that facilitates Ethereum smart contracts integration within the Cosmos blockchain, is planning to stop supporting Cosmos transactions, according to reports. The reason stated by the Evmos core team is that it wants to focus exclusively on Ethereum-based transactions.

The Evmos team claimed that by transitioning to a single transaction format, the development work on the network would become streamlined, thereby improving the efficiency of Ethereum wallets on its network. The team plans to execute the transition in phases, concluding by the third quarter of 2024.

According to the Evmos team, maintaining compatibility for Cosmos and Ethereum clients has been a struggle. They plan to use the discontinuation process to eliminate the perennial and complex issue of supporting distinct transaction hashes for each ecosystem. Cosmos transactions currently cater to staking and governance, representing essential network operations, while Ethereum transactions focus on facilitating interactions with dApps via the Ethereum Virtual Machine (EVM) on Evmos.

Reportedly, the move to an EVM-centric transaction approach is strategic and would allow the team to focus on simplification. Moreover, it is targeted at simplifying the workload for developers of wallets and blockchain explorers, with the aim of removing the need to support two transaction formats.

Elaborating on the complexities of the current system, the Evmos team noted that implementing different transaction hashes from Cosmos and Ethereum prevents Cosmos transactions from being indexed by EVM-based wallets, among other issues. Hence, the upcoming adjustment would enable the Evmos team to maintain less infrastructure, allowing them to focus on enhancing the EVM user experience and interoperability.

Federico Kunze Küllmer, the Evmos co-founder, reportedly said that the shift would increase the protocol’s operational efficiency and align more closely with Ethereum developers. It would also ship value to users faster and still support the core functionalities like staking, governance, and interoperability.

The post Evmos Ends Cosmos Support, Focuses on Ethereum- Based Transactions appeared first on Coin Edition.

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