Source: https://cointelegraph.com/news/cosmos-introduces-ibc-eureka-ethereum-compatibility-layer?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Cosmos, a blockchain network positioning itself as the “internet of blockchains,” has recently unveiled Eureka, an interoperability layer specifically designed to connect its inter-blockchain communication (IBC) protocol with Ethereum. The launch of Eureka represents a significant milestone for Cosmos as it transitions IBC from being an ecosystem standard to a universal interoperability protocol, paving the way for Cosmos to serve as a hub for multichain applications.

By integrating Eureka, numerous Cosmos-based applications and blockchains are now accessible to a broader user base through the Ethereum network. This development enables developers to create multichain applications that span across multiple ecosystems without causing fragmentation among users. This move is crucial as it eliminates the need for bridges for