Cosmos launches Inter-Blockchain Communication to enable cross-chain DeFi🚀.
The self-described “Internet of blockchains” Cosmos, has launched its Inter-Blockchain Communication standard, or IBC, enabling crypto assets to be transferred easily between independent blockchains.
👉 Comos’ IBC went live on March 29, enabling token transfers between Cosmos and other IBC-compatible blockchains.
The feature, which has been in development for five years, was voted in via community governance with 112 million votes supporting the activation and 75 million opposed.
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