The new testnet is one of the few networks that uses Solana’s Sea Level Virtual Machine (SVM).
It is likely that developers will soon be able to migrate Solana Web3 applications to the Cosmos ecosystem, generate new customers for these applications, and provide more diversified primary uses for Cosmos blockchain technology.
According to the Galaxy Network introduction (INJ) real estate developer statement on March 30th, the research team has already released the horizon vm virtual machine (SVM) layer 2 inspection network using Solana. This means that some Solana developers can now detect the use of their applications in the Cosmos ecosystem without changing the computer language or proprietary tools used.
In a conversation with Cointelegraph, one of the names of Injective means that the name of the new network is "Cascade", which uses a positive and optimistic inductive technique.
According to the announcement, a new layer will be established with the support of Eclipse, an enterprise that gives customized zero knowledge and cheerful induction for developers.
Eric Chen, co-founder and CEO of Injective Labs, says this convergence should help both Solana developer platforms and Cosmos customers:
This new support vector machine for the Cosmos IBC world not only enables Solana developers to deploy their Dapp on Injective, but also brings more opportunities for customers to enjoy a better Web3 Dapp in an integrated network. "
Inputive shows that Testnet is private at this stage, but gradually on March 30th, which will "professionally give a limited number of publicity to carefully selected Solana developers."
According to a report by AlChemy, the total number of dynamic Solana software development teams grew by more than 1000% in the third quarter of 2022 compared with the same period last year. According to Web3's analysis of enterprise Dappra information, the network also has a number of applications that already have more than 2000 individual customers, including irreplaceable dynamic password sales market Magic Eden and Defi agreement MeanFi.
However, Solana Web3 applications are organized for use with Solana support vector machines, and there are very few network applications of Solana support vector machines except Solana itself. This also makes it impossible for Solana developers to migrate their applications to other networks without a general rewrite.
Related to:During the Solana NFT recession, FormFunction shut down the sales market.
On February 23rd, eclipse created a support vector machine induction for Polygon.
COSMOS is a group of interconnected blockchain technology networks that are developed and designed using the same consensus module software development kit. According to the Cosmos Block chain Technology Inter-Communication Protocol (IBC) connection, property in one network can be transferred to other networks in the Cosmos ecosystem. Shooting inside is one of the networks that form this ecosystem, and a new support vector machine is shot into the second layer inside.
Injective Labs is not the only company trying to adapt Solana applications to Cosmos. Nitro Labs still announced in September the development of a support vector machine induction for the SEI network and released the blockchain technology interchange for its test network in February.
In the past few years, the space ecosystem has been growing. On March 11th, Cosmos Hub remediation approved the V9-Lambda update and began to implement interchain security (ICS), allowing ecosystem team members to share certified network resources. On March 29th, Circle said it would release USDC for Cosmos based on Noble Network.