Espresso Supports Cosmos and Interchain Foundation's Plan to Contribute IBC to LF Decentralized Trust
Espresso, a blockchain base layer, has endorsed Cosmos and the Interchain Foundation's plan to contribute the Inter-Blockchain Communication Protocol (IBC) to LF Decentralized Trust, an organization under the Linux Foundation. According to Foresight News, Espresso said open cross-chain messaging standards combined with subsecond finality could allow multichain finance to operate like a unified market.LF Decentralized Trust hosts open-source ledger technology used by large banks worldwide.