5 hours Ago
Cosmos (ATOM) has rolled out its Inter−Blockchain Communication (IBC) protocol, enabling connections with Ethereum (ETH), Binance Smart Chain (BSC) and Terra (LUNA). Meanwhile, PlutoChain ($PLUTO) could spark interest by trying to bring AI and smart contracts to Bitcoin. With its innovative design made to manage large-scale transactions safely, PlutoChain could be interesting to keep an eye on.
Let’s take a closer look at the details. Big News and Even Bigger Moves by Cosmos – Smooth Blockchain Communication with Ethereum, BSC, and Terra Cosmos (ATOM) has made a solid move by activating its Inter−Blockchain Communication(IBC) protocol. This change allows Cosmos to connect directly with Ethereum(ETH), Binance Smart Chain (BSC) andTerran(LUNA), making communication and asset transfers a breeze between these blockchains – which seems like a big step toward solving the problem of blockchain isolation.
The IBC protocol acts as a safe link, letting blockchains share data and assets without negotiators. For Ethereum, this means an easier blending with Cosmos-based projects.Binance Smart Chain can use Cosmos for easier transactions, while Terra's stablecoins can reach more markets and have better cash flow.
But, there are still problems like security risks and slower performance. Cosmos has safety steps in IBC, but its success lies in making traffic smoother. If it works, it could become a new way for blockchains working together.
Cosmos’ IBC protocol has a big impact. By linking Ethereum, Binance Smart Chain, and Terra, Cosmos is helping to create a more connected and efficient network. PlutoChain ($PLUTO) Might Be a Potential Solution to Bitcoin’s Long 10-Minute Block Time Bitcoin is the most popular blockchain, but it hasn’t kept up with Ethereum and Solana in project development.
It lacks the technology needed for areas like DeFi, NFTs, and AI. PlutoChain is trying to change that with its hybrid Layer-2 solution built on Bitcoin’s main network. Making it easier to use, speeds up transactions, and lowers costs.
It offers block time of just 2 seconds on its own L2 chain compared to Bitcoin's 10 minute block time. The testnet already handles 43,200 transactions daily, showing it’s ready for use. Whales are eyeing PlutoChain because it could bring smart contracts to Bitcoin.
Also, it has passed three security audits from SolidProof , QuillAudits , and Assure DeFi – proving it’s trustworthy and safe to use. It also brings Ethereum’s Virtual Machine (EVM), allowing Ethereum-based projects to move smoothly to Bitcoin – which could make Bitcoin a center for new ideas. The Final Word Cosmos' IBC protocol is building a more connected and efficient blockchain network.
By joining popular networks such as Ethereum, Binance Smart Chain, and Terra – it might set a new standard for simple and fast blockchain collaboration and innovation. But, PlutoChain ($PLUTO) might be a way for Bitcoin to be faster and more useful. It offers block time of just 2 seconds on its own L2 chain and handles over 43,200 transactions daily.
It also adds smart contracts and DeFi while keeping security strong. —---------- This article is not financial advice. Past results are not indicative of future returns, and the crypto market is inherently unpredictable.
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