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The brand new Kava network integrates Ethereum and Cosmos ecology.

We are pleased to announce that Kava will move to the next stage in 2022. After establishing itself as a powerful, scalable Layer-1 network and ecology that supports top DeFi products, Kava is about to usher in the Kava 10 master Network upgrade, which will mark the Kava network towards a bright future with unlimited potential.

So, what is the Kava network, and why is Kava making such changes at this moment?

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Multi-chain future

It is clear that the future of the blockchain industry is "multi-chain". In response to Ethereum's failure to handle the throughput of Web 3 at scale, a number of "alt Layer-1" blockchains have emerged to replace it, each offering a different solution to transaction speed and scale issues. solution.

However, this did not make Ethereum superseded, but rather led to the realization that a different network might be better suited to meet the needs of one vertical. As developers, applications, and users move their assets from one chain to the other as they track more opportunity and value.

Kava has been positioned as a standalone Layer-1 network that powers widely used DeFi products, and thus understands the value of optimization in advance. While watching the emergence of a multi-chain future, Kava identified a need for it to apply its optimization-driven model to deliver more value to developers and users, unlocking enormous growth potential in the process.

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New Kava network

The brand new Kava network is a highly optimized "co-chain" network, designed to provide two largest Web 3 ecological development frameworks in one network.

Kava chose to build using the Cosmos SDK because it was clear at the time that the Ethereum architecture could not support a massively decentralized future. The Cosmos SDK enables better scalability and unlocks access to a growing ecosystem of blockchains and applications.

This is why the Kava network is implementing a co-chain architecture featuring separate chains for the EVM and Cosmos SDK development environments. By using the translation module, the two chains are able to work together seamlessly, integrating the two most commonly used Web 3 ecologies into a single network.

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"Co-chain" introduction

These two co-chains can operate seamlessly with each other, allowing developers to build in any environment they want without sacrificing access to users and assets in the other environment.

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The Kava network will use a unique co-chain architecture to provide developers and users with the advantages of Cosmos and Ethereum.

You can think of it as two hemispheres of the brain, one optimized for developers of the Cosmos ecosystem, and the other optimized for developers of the Ethereum ecosystem. The translation module connects the two different execution environments of the co-chain, enabling them to work together seamlessly at scale.

This encapsulates the two most commonly used execution environments in the industry in one network. Two chains, one network. Ethereum will meet Cosmos through the powerful, developer-optimized Layer-1 architecture of the Kava network.

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Chance

Chance

According to data from Messari.io, the total TVL between Ethereum and the Cosmos ecosystem exceeds $67.4 billion. However, there is currently no fully functional Layer-1 blockchain that allows developers to access both the development environment and its ecosystem within a single network.

The opportunities created by combining these two ecosystems are enormous. According to data from industry portfolio tracker DappRadar, Ethereum has more than 4,000 active open-source ecosystem developers every month, and about 1,360 active dApps.

Opening a development center that connects these two ecosystems will create a lot of activity for the projects that make this connection, and it will also create more value for Cosmos and Ethereum, and bring greater benefits to everyone. Earning opportunities.

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Kava network road

Pioneer Project｜February 7, 2022

Kava launched the Pioneer Program to introduce huge incentives before the mainnet release to promote the rapid growth of the Kava network. 100,000KAVA will be rewarded for protocols deployed to the Kava network.

EVM co-chain Alpha version | March 8, 2022

The Kava network will support a group of closed protocol partners to be deployed on the EVM common chain, and will stress test Kava's EVM compatibility and execution environment before the public test.

EVM and Cosmos Co-chain Public Beta Incentive Testnet | April 5, 2022

Kava will reward participants who test the co-chain architecture before the Kava network mainnet launch. Participants will earn rewards for hands-on experience with upcoming protocols and dApps on the Kava Network.

Ethereum cross-chain bridge beta released｜April 5, 2022

The public beta of the Ethereum cross-chain bridge will unlock ERC-20 assets and ERC-1155 assets on the Kava network.

Kava Network Mainnet Launch | May 3, 2022

The Kava network is officially completed and fully launched, with a common chain architecture of Ethereum and Cosmos. Developers will be able to seamlessly build in the EVM and Cosmos SDK execution environments, connecting the two largest decentralized ecosystems in the world.

Kava aims to launch an incentive plan for DeFi and Web 3 developers on the chain, and releases a large number of rewards for developers every year to promote the rapid development of the ecology.

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Kava is evolving towards a more open, scalable and optimized Layer-1 blockchain for Web 3 developers to build on. By optimizing support for two of the largest decentralized ecosystems, the Kava network is preparing for the massive growth of a multi-chain future.

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About Kava

About Kava