@cosmos is the first ecosystem that is interoperability ready. Soon - through IBC - it will connect in excess of 200 homogeneous chains together while IBC will enable connections through peg zones with heterogeneous chains ($ETH, $BTC. Noone else can perform this. $ATOM
There are several blockchains that claim to be Sovereign, Decentralised, Scalable and Sustainable but only a one can claim that it will be able to do all of the above while solving the riddle of blockchain Interoperability across homogeneous and heterogeneous chains.
The Inter-Blockchain Communication protocol (IBC) is a reliable & secure inter-module communication (interoperability) protocol that handles reliable transport, authentication, and ordering of data across different sovereign blockchains.
Some of the use cases of IBC include:
Asset transfer (fungible tokens, non fungible tokens, vanilla & shielded payments)
Multichain Contracts (cross-chain contract calls, cross-chain fee payments, interchain collaterilisation)
Sharding (code migration, data migration)
You can follow @johnniecosmos.
Tip: mention @twtextapp on a Twitter thread with the keyword “unroll” to get a link to it.

Latest Threads Unrolled:
Those who think consciousness raising & movement building are disconnected, or even a distraction from electoral politics have not paid attention to the history of social change.In this thread, we
Read more
The 2020s will be known as the Remote Work decadeA few predictions of what is likely to emerge[ a thread ] Third Space: Office and Working from Home will
Read more
1/29: Have you ever had a concept explained to you that helps frame complex issues you’ve been wrestling with and opens your eyes to new possibilities? A concept that I
Read more
By continuing to use the site, you are consenting to the use of cookies as explained in our Cookie Policy to improve your experience.