In a groundbreaking development, the Interchain Foundation (ICF) has welcomed Neutron, the first chain utilizing Replicated Security (RS) from the Cosmos Hub. This achievement marks a significant milestone in the blockchain industry, revolutionizing the way new blockchains are launched and secured.
Replicated Security, developed by Informal Systems through the ICF Funding Program, offers a robust and efficient solution for the rapid and secure deployment of appchains. By leveraging the validator set of the Cosmos Hub, RS ensures the chains’ security and paves the way for the creation of the ATOM Economic Zone, an ecosystem aligned with the Cosmos Hub that thrives through collaboration.
Building Upon a Highly Secure and Reliable Foundation
The implementation of Interchain Security (ICS) through RS opens up new possibilities for developers and entrepreneurs, enabling them to build upon a highly secure and reliable foundation. This achievement has been made possible through the dedicated efforts of multiple teams and contributors who have worked tirelessly to make this vision a reality.
The ICF, a Swiss nonprofit organization based in Baar, Zug, has been at the forefront of supporting decentralized networks through its Funding Program. With a strong focus on decentralization and distributed development, the ICF empowers the teams it works with by providing them with project leadership positions, allowing them to manage the roadmap and prioritize key aspects of the open-source product.
The ICF’s Funding Program has played a vital role in fueling the development efforts of the interchain ecosystem since its inception. By continuously iterating and incorporating feedback and results-driven data, the ICF aims to enhance the program’s effectiveness in funding relevant teams and core pieces of technological infrastructure.
As Neutron joins the Interchain Foundation, it becomes a testament to the organization’s commitment to fostering innovation and supporting cutting-edge research and development in the blockchain space. This milestone ushers in a new era of blockchain development, promising increased security, scalability, and collaboration.
The Interchain Foundation remains dedicated to its mission of providing research and development support to decentralized networks. Through its ongoing efforts, it aims to contribute to the growth and advancement of the blockchain industry as a whole.
