Cosmos Hub, Polkadot [DOT], and its impact on ATOM: Analyzing it all
Cosmos Hubs IBC (Inter-Blockchain Communication Protocol) technology has been used by Composable Finance to launch a Polkadot [DOT] – Kusama connection. It is noteworthy that this is the first implementation of the IBC protocol outside the Cosmos network. #Lunares está llegando a la #Interchain@ComposableFin successfully launched the first PolkadotKusama connection via #IBC This is the first IBC implementation outside of #Cosmos ⚛️ Meet IBC: The Standard of Blockchain Interoperability! - Cosmos - Internet de Blockchains ⚛️ (@cosmos) 28 de abril de 2023 Lea la predicción de precios [ATOM] de Cosmos 2023-2024 The Polkadot connection This connection is expected to improve interoperability between the two blockchain networks. The integration of these two networks is likely to establish a new benchmark for relay chain interoperability in DotSama. The integration of Cosmos Hub‘s technology on the Polkadot network could improve the markets’ sentiment towards the Cosmos Hub network, which was negative during press time. Fuente: Santiment The popularity of dApps on the Cosmos network could also help increase the interest generated on Cosmos. Osmosis, a DEX built on the Osmosis network, witnessed massive improvements as its new technologies gained traction. ProtoRev for @osmosiszone went live in the middle of March and has accrued ~$50k to date. - Delphi Digital (@Delphi_Digital) 28 de abril de 2023 However,