Mysten Labs and Sommelier Launches Cosmos Smart Contracts
Sommelier, a collaborative processing protocol for the Ethereum Virtual Machine (EVM), has announced a research and development collaboration with Mysten Labs to increase the speed of liquidity transactions and launch smart contract applications on the Cosmos blockchain.
The goal of the cooperation is to implement the programming of Move smart contracts. Mysten’s experience in this area will support the scaling of the Sommelier blockchain up to 100,000 transactions per second or TPS.
Sommelier co-founder Zaki Magnan said the partnership will complete work to unlock Tendermint’s potential as the fastest blockchain network in data center-class environments.
“We are delighted to partner with the best experts from the former team of leading crypto and distributed computing engineers at Facebook who brought Dima and Novi to life,” added Magnan.