Evmos plans to stop supporting Cosmos transactions and focus on EVM-based transactions
Layer1 blockchain Evmos' core team plans to stop supporting Cosmos transactions and instead focus on transactions based on the Ethereum EVM. This means that the core network will only support wallets and tools based on Ethereum, not wallets and tools designed for Cosmos. The transition to a single transaction format is expected to simplify the development workflow and improve the efficiency of Ethereum wallets on the network. Evmos announced a phased cessation of Cosmos transactions, with the goal of completing it fully in the third quarter of 2024. (The Block)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Senate Banking Committee cancels confirmation vote for SEC’s Caroline Crenshaw
In the meantime, Trump will name either Commissioner Hester Peirce or Mark Uyeda as acting chair
Trump family crypto project WLFI reaches cooperation with Ethena Labs
Affected by the cooperation news, ENA rose by about 8% in a short period of time