1/ Proposal 128 to initiate IBC on Terra has passed, meaning that IBC is now live on the Terra mainnet :)
station.terra.money
Stay tuned for once the relayer channels are set up, and users can begin transferring tokens between Terra and the Cosmos ecosystem from Station.
station.terra.money
Stay tuned for once the relayer channels are set up, and users can begin transferring tokens between Terra and the Cosmos ecosystem from Station.
2/ IBC is a standardized pathway for transferring arbitrary messages across IBC-compatible chains, particularly Cosmos SDK chains where IBC is a native feature.
Standardization of communication protocols lays at the heart of the Internet, and it's a core primitive of @cosmos.
Standardization of communication protocols lays at the heart of the Internet, and it's a core primitive of @cosmos.
3/ With so many bridges in crypto melding once isolated blockchains into a vibrant interconnected ecosystem, itβs only natural that users will gravitate towards standardization, particularly with fragmented bridging solutions.
4/ For Terra, IBC paves the inter-chain highways of DeFi with $UST as its leading stablecoin, asset quote currency, and exchange medium.
Asset transfers, data availability proofs, and more can all be seamlessly ported between Terra and IBC-enabled chains in the Cosmos ecosystem
Asset transfers, data availability proofs, and more can all be seamlessly ported between Terra and IBC-enabled chains in the Cosmos ecosystem
5/ Special thanks to @osmosiszone, @keplr, @sifchain, and @emerisHQ for working to integrate Terra relay channels on their wallets and DEXs.
6/ Time to unleash the floodgates of $UST, $LUNA, and Terraβs booming ecosystem on Cosmos.
Welcome to IBC π
Welcome to IBC π
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