Cosmos: Launch of EVM platform on Cosmos Hub to be suspended

Cosmos officially reviewed the achievements of the new Cosmos in the first six months and looked forward to the future development path, stating that it will focus on the advantages of the Cosmos Stack and Cosmos Hub as a Layer 1 ecosystem in the next six months. Moreover, recent work shows that launching a virtual machine on the Hub is costly, may interfere with the user experience of the Hub's most important users, and requires a lot of resources and time to catch up with the existing L1 ecosystem. Therefore, it has decided to suspend the launch of the EVM platform on the Cosmos Hub, but will continue to invest in the Cosmos EVM L1 stack to support builders in releasing autonomous EVM chains. [Foresight News]