The cross-chain project cosmos was originally scheduled to upgrade the IBC protocol on January 28 to open the interstellar gate. Unexpectedly, it was postponed again in the end.
Cosmos tweeted that "the Stargate development team has been working hard to ensure that the Stargate upgrade is successful. But based on the results of the latest testnet tests, the team suggested postponing the upgrade until February 18", and also launched Proposal 36 on cosmos. According to the current voting results, it is basically agreed to delay the upgrade.
No. 36 postponed the upgrade proposal
This stargate upgrade of cosmos can be said to have been mentioned since 2019, and it has been said to be online in 2020. Finally, in October 2020, the development was officially announced and the upgrade was ready. Everyone seems to be starting to get a little tired of the upgrade of the Stargate.
Stargate is a landmark release that will introduce the Inter-Blockchain Communication Protocol (IBC) into major public blockchain development frameworks. It can be said that IBC is the core protocol of cosmos, the main network currently online does not have cross-chain functions, and with the IBC cross-chain protocol online to truly achieve cosmos cross-chain function, any chain can interact with Hub through IBC.
With the launch of the IBC protocol, it will also bring corresponding applications to realize the exchange and processing of ETH assets with other chain assets, such as cross-chain decentralized transaction exchange applications.
I don't know if I can go online on time on February 18, I hope.