The Interchain Foundation, which supports the Cosmos blockchain ecosystem, detailed $26.4 million of planned funding in 2024. That compares with a $40 million budget estimate for 2023, released in February 2023, though final spending numbers are not in yet.

$3,000,000 will be allocated to ensure the continued modularity, efficiency, and stability of CometBFT, the Byzantine fault-tolerant engine for state machine replication.

$4,500,000 will be allocated to expand composability of the Cosmos SDK, the world's most popular framework for building secure and highly performant application-specific blockchains.

$7,500,000 will be allocated to the Inter-Blockchain Communication Protocol, the leading blockchain interoperability protocol, enabling secure and permissionless transfer of arbitrary data for dedicated expansion across blockchain ecosystems.

$2,500,000 will be allocated to CosmWasm, the smart contract framework focusing on security, performance, and interoperability to enhance dApp functionality and IBC connectivity.

$155,000 will be allocated to CosmJS, a library that helps developers integrate their JavaScript-based clients - frontend user interfaces or server-side clients - with Cosmos SDK blockchain to bridge gaps in Cosmos SDK compatibility.

$1,500,000 will be allocated towards security audits for the Interchain Stack.

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