StarkWare, the company behind Starknet’s layer 2 solution based on zk-STARK technology, has announced that it is collaborating with Informal Systems to integrate Cosmos’ Inter-Blockchain Communication (IBC) protocol into Starknet. This integration will enable Starknet to communicate with any IBC-compatible blockchain, including all Cosmos ecosystem blockchains and other blockchain networks.
Informal Systems’ role in this integration
Informal Systems, a company specializing in the development of protocols for the Cosmos ecosystem, will be working closely with StarkWare to bring this integration to fruition. Thanks to its expertise in building decentralized applications on Cosmos, Informal Systems will provide technical support and know-how to StarkWare.
The collaboration is also intended to strengthen Starknet’s decentralization. By working with an external partner, StarkWare is demonstrating its commitment to open and inclusive governance of its network. The integration of IBC will be managed collaboratively, involving the Starknet community in the decision-making process. What’s more, this move could pave the way for greater interoperability with other blockchain networks, stimulating innovation.
The prospects offered by IBC integration
The integration of the IBC protocol into Starknet opens up exciting new prospects for the ecosystem. Users and developers will now be able to take advantage of Starknet’s benefits, such as scalability and low transaction costs, while benefiting from increased interoperability with other blockchain networks.
This integration could also stimulate innovation in areas such as decentralized finance (DeFi), gaming and non-fungible applications (NFT). By enabling fluid interactions between different ecosystems, IBC will facilitate the development of richer, interconnected applications. This advance is likely to broaden usage possibilities and enhance the user experience in these fast-growing sectors.
