The Inter-Blockchain Communication Protocol @IBCProtocol
IBC is a blockchain interoperability protocol used by 100+ chains. It enables secure, permissionless, feature-rich cross-chain interactions. ibcprotocol.dev Cosmos Joined July 2022-
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On April 2, the Inter-Blockchain Communication Protocol, IBC, has been in production for five continuous years. IBC is the most widely adopted P2P blockchain interoperability protocol today, with 115+ digital ledgers connected and billions in volume annually.
▚▚ SOVEREIGN DAY ▚▚ @EFDevcon ▚▚ NOV 18th ▚▚ Finance. Identity. Payments. Credentialing. Trade. The world's institutions and governments are moving on-chain, and they are choosing sovereignty: Cosmos. Join us in Buenos Aires for a day of technical sovereignty.
IBC Champions Week #33 👑 🔹 IBC Volume King: Noble with $141M 7d volume (up 61%) 🔹 IBC Transfers King: Osmosis with 110K 7d IBC transf. (up 8.9%) 🔹 WAU King: Sentinel with 31.4K weekly active users (up 3.8%) $USDN $OSMO $P2P
Explore IBC, everywhere. @range_org's latest IBC explorer update leveled up with +20 new chains, easy ranking and filtering of IBC transaction flows!
1/ Our IBC Explorer just leveled up. We now track all key IBC-connected chains, covering 803k txs and nearly $1B in volume in the past 30 days. Here’s what’s new 🧵👇
Thrilled to welcome @cosmos as a Platinum Sponsor for the Japan Stablecoin Summit! 🚀 @progmat_en × @tokifinance × @IBCProtocol → Regulatory-compliant, secure stablecoin with permissionless cross-chain capabilities.
Japan is setting the pace for stablecoin innovation. With clear regulations and cross-border payment projects, momentum is building fast, and Cosmos & IBC are leading the way. We’re excited to join @progmat_en and @tokifinance at the Japan Stablecoin Summit this September.
3️⃣ Get Started Now, teams can have complete ownership and control over the ERC20 contract representing their token on Ethereum. 📂 ERC20 deployment documentation ∟ docs.skip.build/go/eureka/cust… 📂 Comsmos/ solidity-ibc-eureka ∟ github.com/cosmos/solidit…
2️⃣ Benefits to Developers ✦ Custom metadata and token naming on deployment ✦ Easier contract verification on Etherscan ✦ Increased trust in the bridged asset ✦ Complete ownership and control over the ERC20 asset. These changes may make it easier to list custom ERC20 assets on CEXs.
The IBC team has updated the IBC Solidity contracts to v2. This release simplifies client upgrades and significantly improves the developer experience for teams deploying custom ERC20 tokens. Learn more 🧵
9/ As part of our commitment to open source, the IBC blog features guest posts from contributing teams. This post by TOKI and Datachain covers how the OP Client works, its security model, and how to use it with IBC Classic. Read the full post: ibcprotocol.dev/blog/optimism-…
8/ IBC keeps evolving because of the people behind it. Huge credit to the teams pushing boundaries and to every contributor expanding what’s possible cross-chain. The IBC community has the best builders in the world.
IBC has been enabled on @Optimism for the first time ⚛️ The first IBC transfer between OP-Sepolia and Ethereum Sepolia has been completed. It's a new implementation built by @tokifinance & @datachain_en, aiming to unlock IBC for OP Stack chains🧵
3/ What is the OP Client? It’s a stateless ICS-02 client built to verify Optimism L2 state using only finalized Ethereum L1 data. No full node required.
2/ @tokifinance & @datachain_en are long-time IBC contributors. Their team led work to bring the first bank-backed RWAs for Japan onto IBC, as well as other contributions. Now they’re building new implementation to use IBC on OP Stack.
Japan's largest financial institutions, including MUFG, SMBC, Mizuho & JPX, are behind @progmat_en, an issuance & management platform for bank-backed RWAs. @tokifinance @datachain_en build its on-chain infrastructure, including IBC-based interoperability. cointelegraph.com/news/mufg-to-f…
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