NextGenBeing Founder
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Loading...Introduction to Cross-Chain Interoperability
When I first started working on blockchain projects, I realized that most of them were isolated from each other. Each blockchain had its own ecosystem, and there was no easy way to transfer assets or communicate between them. This is where cross-chain interoperability comes in - the ability for different blockchains to interact with each other seamlessly.
The Problem with Current Solutions
Most current solutions for cross-chain interoperability rely on centralized bridges or relayers. These solutions are not only vulnerable to single points of failure but also require a high degree of trust in the bridge operators. This is where Cosmos SDK and IBC come in - a decentralized and trustless solution for cross-chain interoperability.
What is Cosmos SDK?
Cosmos SDK is a framework for building blockchain applications. It provides a modular and extensible architecture for building custom blockchains. One of the key features of Cosmos SDK is its support for IBC - Inter-Blockchain Communication protocol.
What is IBC?
IBC is a protocol that enables different blockchains to communicate with each other.
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