Gravity Bridge brings Ethereum to the multichain -Breaking
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© Reuters Wednesday saw the Interchain Foundation in Switzerland, which is a non-profit organization that acts as a Steward of the Cosmos.ATOM) ecosystem, announced the launch of Gravity Bridge as built by decentralized internet service provider Althea. Gravity Bridge allows the exchange of ERC-20 tokens among the ().ETHCosmos and Xapos blockchains. Gravity Bridge, in its early stages, will remain a standalone network before migrating into Cosmos Hub. One of its key technical characteristics is the interchangeable token issuance between both chains. Support for Ethereum in Cosmos Oracles.
Simpier released the following statement about the launch:
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