The Cosmos Inter-Blockchain Communication (IBC) protocol has officially transitioned to a new governance home under the Linux Foundation's Decentralized Trust initiative. Both @cosmos and the Interchain Foundation are contributing the protocol to this framework, ensuring IBC remains free and open source for all developers and networks.
Initial governance will be managed by a seven-member committee, with Cosmos Labs holding five of the seven seats at launch. This structure aims to provide neutral oversight while maintaining technical continuity for the broader Cosmos ecosystem and interoperability standards across blockchains.
Cosmos IBC Protocol Moves Governance to Linux Foundation Decentralized Trust
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
