Kava 9 Is Coming: IBC and More

Published on: 23.01.2022

The Kava 9 mainnet upgrade is coming, and it’s bringing a number of exciting changes aimed at expanding the Kava Ecosystem by adding new ways for users and projects to bring their assets to Kava. Chief among these is the upgrade to version 44 of the Cosmos SDK, which will implement the Inter-Blockchain Communication Protocol (IBC).

This will allow holders of all IBC-enabled assets to seamlessly bring their assets to Kava and earn with them on Kava’s best-in-class products. Existing Kava users will also gain access to an array of new in-demand assets to use in the Kava Ecosystem.

The Kava 9 testnet has launched successfully and the upgrade will go live on the Kava mainnet at 16:00 UTC on January 19, 2022.

What’s In The Box?

The Kava 9 mainnet upgrade includes several features that will prepare the Kava Ecosystem for massive growth in 2022 and deliver quality-of-life improvements for Kava users at launch. The full feature list is:

  • IBC integration

IBC Integration

As a Layer-1 blockchain built using the Cosmos SDK, it has been a goal to integrate IBC and unlock the benefits of Kava for a wider audience since its launch in March. As with all things that Kava does, ensuring the security and stability of any major change is the top priority. With Kava 9, the infrastructure will be in place to integrate safely and begin connecting to the Cosmos ecosystem without putting users at risk.

This is a huge step for Kava, as it will mean unlocking the ability not only to bring assets from IBC-enabled chains onto Kava, but also to easily move $KAVA, $HARD, and $SWP off Kava to be used on other chains. This will provide a number of new onramps to the Kava ecosystem, new earning opportunities for users of the Kava Platform, and new utility for the existing native Kava assets.

🔽DETAILS:

https://medium.com/kava-labs/kava-9-is-coming-ibc-and-more-882bd4aedb72

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