The Interchain Foundation welcomes Neutron, ushering in a new era of blockchain development
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In a groundbreaking development, the Interchain Foundation (ICF) has welcomed Neutron, the first chain to use 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 fast and secure deployment of app chains. Leveraging the validator set of the Cosmos Hub, RS ensures the chain’s security and paves the way for the creation of the ATOM Economic Zone, an ecosystem along the lines of the Cosmos Hub that thrives through collaboration.
Builds on a very secure and reliable foundation
The implementation of Interchain Security (ICS) through RS opens up new opportunities for developers and entrepreneurs, enabling them to build on a highly secure and reliable foundation. This achievement has been made possible through the dedicated efforts of several teams and contributors who have worked tirelessly to make this vision a reality.
ICF, a Swiss non-profit 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, ICF empowers the teams it works with by providing them with project management positions, allowing them to manage the roadmap and prioritize key aspects of the open source product.
ICF’s funding program has played an important role in stimulating the development of the ecosystem between chains since its inception. By continuously iterating and incorporating feedback and results-driven data, ICF aims to improve the program’s effectiveness in funding relevant teams and core pieces of technology infrastructure.
Joining the Interchain Foundation by Neutron is 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 for decentralized networks. Through its ongoing efforts, it aims to contribute to the growth and progress of the blockchain industry as a whole.
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