The team behind the EVM-compatible Evmos protocol, which allows transactions between Ethereum and the Cosmos ecosystem, has restarted the mainnet. According to the announcement made on the project’s Discord:
“The network is running and producing blocks. Please wait until the network is stable before services like browsers and dashboards are 100% operational. Many thanks to the great validators that keep the network running!”
Evmos is based on the standardized Inter-Blockchain Communication Protocol (IBC) interoperability protocol, which is responsible for the transfer of tokens and other data in the Cosmos ecosystem.
Evmos also includes an ERC-20 token-centered module that allows other projects to integrate the networks of the Cosmos ecosystem. Developers can create smart contracts on Evmos that interact with applications connected to the IBC.
Evmos originally launched in March this year, but the project ran into problems with the large number of integrations required. The IBC developers also reported a bug in the code that prevented the creation of liquidity pools in Osmosis.