The Inter Blockchain Communication protocol - IBC 🔥

Some might argue Tendermint BFT consensus is the core of the #Cosmos tech stack, to me this is #IBC

IBC brings not only interoperability and secure bridging but also horizontal scalability.

A 🧵for the #IBCGang 🧐

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First lets make a small statement:

Blockchains were created to solve for one missing piece in the web2 server world; "Trustless correctness"

No longer does one have to trust a middlemen, verification by a network of participants guarantees the result of your computation.

Past week I have gotten a lot of of questions about this tweet by @gadikian

https://twitter.com/gadikian/status/1551200285078343682

A thread on IBC contracts, Interchain accounts and Privacy as a service for @JunoNetwork leveraging @SecretNetwork - $SCRT

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Jacob from @notionaldao mentions how $SCRT and $JUNO can become perfect playmates very soon.

This all has to do with an upcoming upgrade for @SecretNetwork dubbed Shockwave-Omega.

This update brings the network Smart contract library from @CosmWasm v0.10 to v1.0

Today was another good day for @SecretNetwork - $SCRT

Proposal #85 passed increasing the active validator set on the Network from 70 - 80

This does not immediately increase decentralization but it does bring in members contributing to code and infrastructure

An introduction 👇 1/n

@crypto_crew is a validator organization running on multiple chains like $DVPN $STARS $ATOM $OSMO and now $SCRT.

They helped with relaying #IBC transactions on Secret since September 2021 and are now finally joining the set.

ccvalidators.com