Dymension and Evmos are testing an EVM rollup for the Cosmos ecosystem
Dymension, a blockchain development firm, announced it is working on an EVM-compatible Layer 2 rollup scaling solution that will integrate with Cosmos, an ecosystem of many Layer 1 blockchains. While Cosmos generally lacks Layer 2 solutions, they are slowly emerging. Dymension's Layer 2 rollup will be compatible with the Ethereum Virtual Machine (EVM), a computing environment used by Ethereum. The rollup aims to enable developers to write and deploy Ethereum applications.
Dymension's rollup will be launched as a Layer 2 solution on Evmos, a blockchain within the Cosmos ecosystem, according to an announcement. The company cites close collaboration with the Evmos core team and a data availability protocol called Celestia. Adopting a modular approach, Dymension's team plans to create multiple EVM-compatible rollups using a common software development kit, enabling them to operate on top of various Cosmos chains and communicate with those chains. This is made possible by the IBC-enabled nature of Dymension's rollups, allowing for native connections with the entire Cosmos ecosystem of IBC blockchains.
Source
https://t.me/Crypto_Futures_Trading
