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Gravity Bridge brings Ethereum to the multichain
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On Wednesday, the Interchain Foundation, a Swiss non-profit serving as a steward of the Cosmos (ATOM) ecosystem, announced the launch of Gravity Bridge as built by decentralized internet service provider Althea. Gravity Bridge enables the transfer of ERC-20 tokens between Ethereum (ETH) and Cosmos blockchains. During its initial stages, Gravity Bridge will operate as a standalone chain before migrating to Cosmos Hub early next year. Key technical features include interchangeable token issuance across both chains and the support of Ethereum to Cosmos oracles.
Simpier issued the following statement regarding the launch:
Gravity Bridge is live!Mainnet was achieved via a pioneering decentralized launch. Our thanks to the teams, validators and
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