Cosmos, a famous blockchain ecosystem, has announced the launch of another exclusive project called “Agoric components library.” It is a library of smart contracts developed by the community along with comprehensive tutorials and guides for users. The respective components differ from an on-chain counter for votes to a thorough marketplace of NFTs offering several features.
New Agoric Components Library of Cosmos Enables Developers to Utilize Javascript to Develop Interchain Apps
The people having essential acquaintance with the development of decentralized apps or smart contracts can get everything they require. In this way, they can begin assembling code for the development of apps for interchain usage. Cosmos provided the details of the latest project in its exclusive blog post. It noted that similar to the rest of the famous JavaScript agendas, the components library displays the ongoing operations of the community to develop open-source, reusable, and rich apps and components.
The library takes into account contributions like on-chain committees for governance, mechanisms for NFT auctions and drops, and smart contracts to interact across the chains. In addition to this, it also comprises a lending protocol. Developers, with a broad range of available options, can select the components that fulfil their particular requirements.
They can also integrate the respective components into the projects developed by them. The respective library increases the development cycles. Moreover, it also persuades knowledge sharing and collaboration across the Agoric community.
The Developers Can Leverage Several Native Features with This Project for Better App Development
Moreover, developers involved in developing Agoric will get the benefits of the platform’s native features. They take into account the token API for tackling semi-fungible and non-fungible tokens, underlying escrow service, and ERTP. While describing Agoric, Cosmos mentioned that it is a smart contract forum for general purposes.
