Cross-Chain Protocol IBC to Be Transferred to Linux Foundation-Affiliated Organization for Governance

TechFlow: On November 10, according to the official Cosmos announcement, Cosmos is contributing its cross-chain communication protocol IBC to LF Decentralized Trust under the Linux Foundation to advance open collaboration and protocol development under a neutral governance framework.

According to the announcement, LF Decentralized Trust will govern the IBC protocol and hold its trademark based on a public project charter and contribution guidelines, while the code will remain freely open source. Cosmos will continue to participate in development as maintainers and contributors, with Datachain and OpenZeppelin joining the code maintenance efforts.