The Interchain Foundation and Cosmos have proposed donating the Inter-Blockchain Communication (IBC) protocol to LF Decentralized Trust, giving participating organizations a role in its development under neutral governance.
Cosmos developed IBC, which is intended to connect blockchain networks. LF Decentralized Trust is a Linux Foundation organization focused on decentralized technology.
People affiliated with 21 organizations helped start the initiative, with OpenZeppelin, a developer of smart-contract security tools, among them.
