Key Facts

  • Cosmos is contributing the Inter-Blockchain Communication protocol to Linux Foundation Decentralized Trust, or LFDT, the company said.

  • LFDT will hold IBC's protocol governance under a public project charter, and the IBC trademark will be held by LFDT, while the code remains free and open source, according to Cosmos.

  • Cosmos said IBC has been used across more than 200 networks over five years and has processed more than $50 billion in transaction volume.

Cosmos is contributing the Inter-Blockchain Communication protocol to Linux Foundation Decentralized Trust, or LFDT, the company said.

LFDT will hold IBC's protocol governance under a public project charter, and the IBC trademark will be held by LFDT, while the code remains free and open source, according to Cosmos.

Cosmos said IBC has been used across more than 200 networks over five years and has processed more than $50 billion in transaction volume.

Cosmos said on Monday it is contributing the Inter-Blockchain Communication protocol, known as IBC, to Linux Foundation Decentralized Trust, or LFDT, bringing the protocol into a neutral governance environment.

LFDT will hold IBC's protocol governance under a public project charter and contribution guidelines, and the IBC trademark will be held by LFDT under its trademark policy. The code will remain free and open source, according to Cosmos.

What Changes for IBC

Cosmos will stay involved as a maintainer and contributor, and Datachain and OpenZeppelin will join as additional code maintainers, the company said. Developers will continue to contribute through existing processes such as the IBC contribution flow.

LFDT is a group under the Linux Foundation that stewards the open development of decentralized technologies, according to Cosmos. The Linux Foundation stewards projects including Node.js, Kubernetes, the Linux kernel, Hyperledger and Model Context Protocol, Cosmos said.

Cosmos said interoperability matters more as financial institutions adopt digital ledger technology for tokenization, payments and asset issuance.

IBC's Growth

Cosmos said more than 500 individual contributors have supported IBC's development over the past five years.