All Eyes on Kava (KAVA) as Cosmos (ATOM) Finally Announces Launch of IBC

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If you feel you might have missed out on the Polkadot (DOT) boom, there might still be a good opportunity – if not better – for you. Long seen as having an uncertain future, Cosmos (ATOM) has finally managed to de-risk its position in the market with the highly-anticipated release of IBC.

The recent monstrous surge in the price of Polkadot’s DOT token has attracted considerable attention from the global crypto community. In a relatively short period, Polkadot has claimed the 3rd position in terms of cryptocurrencies with the highest market cap right behind Bitcoin (BTC), and Ethereum (ETH).

For the uninitiated, IBC – short for inter-blockchain communication – has been one of Cosmos’ most eagerly-awaited features.

Fulfilling a three years long promise, Cosmos will finally ship IBC on January 28, 2021, that will shut naysayers’ mouth for good.

Unsurprisingly, the wider crypto market is already responding positively to the aforementioned IBC development with the price of the ATOM token breaking through its all-time high beyond $10. The team at Cosmos is primed to release its Peggy bridge to Ethereum, and with the IBC bringing the initial tech stack to fruition, things look very promising for the Cosmos ecosystem.

Notably, Cosmos has release the code, announced its code audit, and stated confidently that its code is developed to a stage where it is ready to be released successfully on January 28. Source link