Cosmos IBC and the argument for application-specific chains

Quick Take

  • The interoperability protocol Cosmos IBC will be launching after Cosmos’ latest upgrade Stargate is activated on February 18th
  • Notable projects built on the Cosmos SDK are Binance Chain, Kava, Terra, Band Protocol, and Thorchain
  • Application-specific chains offer more sovereignty but decrease composability. Notably, the security architecture for an ecosystem of blockchain applications changes
Flavors of interoperability It makes some intuitive sense that blockchain interoperability should be a useful technology — after all, today, there are many different blockchains (with varying levels of use) that don’t communicate with each other. It’s easy to imagine a future for blockchains where multiple different networks are isolated from each other in some […]

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