Cosmos Doubles Down on What It Does Best: Connecting Blockchains
- Cosmos has paused plans to launch an Ethereum Virtual Machine (EVM) platform.
- Research and iteration led Cosmos to abort its EVM launch plans.
- The Cosmos project will continue to deliver services via the IBC protocol.
The team behind Cosmos, a decentralized network of interoperable blockchains, has announced it is pausing its plans to launch an Ethereum Virtual Machine (EVM) platform.
In its latest blog post, the Cosmos team cited cost and potential impact on user experience as key reasons behind its latest decision.
— Cosmos – The Interchain(@cosmos) July 14, 2025
New strategy to focusing on strengths; not competition
The Cosmos team noted that building yet another virtual machine does not align with the project’s core strength, which is multi-chain interoperability. The team stated that it will now move forward by focusing on delivering services via its powerful Inter-Blockchain Communication Protocol (IBC), while strengthening the Cosmos Hub’s role in the Layer-1 services market.
Related: Cosmos (ATOM) Price Prediction 2025–2030: Will It Break Above $10 in 2025?
In the meantime, Cosmos’ latest decision for…
The post Cosmos Doubles Down on What It Does Best: Connecting Blockchains appeared first on Coin Edition.
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Cosmos Doubles Down on What It Does Best: Connecting Blockchains
- Cosmos has paused plans to launch an Ethereum Virtual Machine (EVM) platform.
- Research and iteration led Cosmos to abort its EVM launch plans.
- The Cosmos project will continue to deliver services via the IBC protocol.
The team behind Cosmos, a decentralized network of interoperable blockchains, has announced it is pausing its plans to launch an Ethereum Virtual Machine (EVM) platform.
In its latest blog post, the Cosmos team cited cost and potential impact on user experience as key reasons behind its latest decision.
— Cosmos – The Interchain
New strategy to focusing on strengths; not competition
The Cosmos team noted that building yet another virtual machine does not align with the project’s core strength, which is multi-chain interoperability. The team stated that it will now move forward by focusing on delivering services via its powerful Inter-Blockchain Communication Protocol (IBC), while strengthening the Cosmos Hub’s role in the Layer-1 services market.
Related: Cosmos (ATOM) Price Prediction 2025–2030: Will It Break Above $10 in 2025?
In the meantime, Cosmos’ latest decision for…
The post Cosmos Doubles Down on What It Does Best: Connecting Blockchains appeared first on Coin Edition.
Читать больше