Injective, a decentralized exchange and layer-2 protocol has announced the release of Cascade, the first-ever Solana Sealevel Virtual Machine (SVM) rollup for the inter-Blockchain Communication (IBC) ecosystem supported by Cosmos.
According to the announcement, this new integration will bring the SVM into the broader Cosmos ecosystem, a decentralized network of interconnected blockchains that enables interoperability between different networks.
What Is Solana’s Cascade And How Does It Work?
The launch of Cascade by Injective could represent a significant development for the company, as it enables access to the large and growing Solana developer ecosystem, valued at over $9 billion with the Cosmos ecosystem.
According to the announcement, Cascade was made possible through contributions from Injective and Eclipse, a customizable rollup provider enabling developers to create unique decentralized applications without making technical trade-offs.
The Solana Virtual Machine (SVM) is a smart contract runtime used by the Solana blockchain network. SVM is designed to enable parallel processing of transactions, similar to Injective’s core infrastructure. This means that SVM can process tens of thousands of transactions in parallel instead of only one transaction at a time.
Per the announcement, the launch of Cascade by Injective involves several discrete deployment phases. The initial phase is the Cascade testnet beta, which the Eclipse team will operate.
During this phase, transactions from Solana wallets and smart contracts deployments from the protocol’s command-line interface (CLI) will be received by an SVM sequencer operated by Eclipse.
In the future, contributors to Cascade plan to integrate Celestia, the first modul
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Author: Ronaldo Marquez
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