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News

Cosmos Hub V19 Upgrade Is Now Launched To Boost Ecosystem

August 25, 2024 - Around 2 mins mins to read

Key Points:

  • The Cosmos Hub has launched its v19 upgrade, focusing on improving efficiency, security, and functionality.
  • The Cosmos Hub v19 upgrade integrates Cosmos SDK v0.50, boosts IBC, and incorporates the latest core technologies to support robust and scalable applications.
Cosmos Hub announced the release of its v19 upgrade, marking a high point in the evolution process of the platform.
Cosmos Hub V19 Upgrade Is Now Launched To Boost Ecosystem

Read more: Cosmos Hub Outage Causes Blockchain Downtime for 4 Hours

Cosmos Hub v19 Upgrade Unveiled for Enhanced Efficiency and Security

The Cosmos Hub v19 upgrade will enhance the efficiency, security, and functionality of Cosmos Hub, which is the central hub of the Cosmos ecosystem.

Upgrade is the joint effort of Cosmos Hub validators and the Binary Builders team in upgrading the existing modules to the version v0.50. It packs the latest versions of key technologies, such as Cosmos SDK, Inter-Blockchain Communication, CometBFT, and Interchain Security, so the Cosmos Hub stays right at the very front line of blockchain innovation.

One of the major highlights in Cosmos Hub v19 is onboarded Cosmos SDK v0.50, which is expected to make the development process easier and faster, and will power more resilient and scalable applications in the ecosystem.

Another important thing is that the IBC protocol itself received huge functionality enhancements for cross-chain interactions, allowing blockchains to send data to each other to enable communication between chains.

v19 Upgrade Paves Way for Growth, Innovation in Cosmos Ecosystem

Being a Layer 0 blockchain, Cosmos is designed to be the base infrastructure for blockchain technology. That means projects are free to create their own blockchains using the Cosmos SDK and create their own blockchain, Cosmos Hub.

The Cosmos Hub blockchain’s architecture makes a formidable contribution toward the attainment of interchain connectivity, with an IBC bridge maintaining connections for many blockchains.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Cosmos

Cosmos Hub

Cosmos Hub V19

Cosmos SDK

IBC

Author

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.