Cosmos Set to Take Lead in Blockchain Interoperability With February’s Stargate Release
The vision of "one network, many chains" could be fast approaching.
Tendermint enters the decentralized exchange arena with the ambitious goal of creating a one-stop DEX for trading any and all coins.
Tendermint says the fund will be the largest investment vehicle for the Cosmos ecosystem.
Set to launch Tuesday, the network would allow trading of assets from different blockchains without middlemen or synthetic “wrapped” substitutes.
Allowing tokens to zip between chains could open up opportunities in decentralized finance; a service on one network could lend an asset from another.
Anchor was originally slated for an October launch, but the team pushed that back to late November. With the countdown showing on its website, this could really be it.