Opinion: The Inter-Blockchain Communication Protocol will end ecosystem maximalism

When I entered crypto, I succumbed to the contest between blockchain ecosystems, believing one had to be “better” than others. I have since realized the future of cryptocurrency is bringing with it a variety of platforms that will excel at different things. With theto compete and embrace a connected interchain future. Let me explain.

There are obviously exceptions to the rule. At most, good bridges can decrease risks, but the baseline stays the same. Bridges range from centralized to “semicentralized,” and there is one thing they can never do: actually move an asset to a new chain. Why? Because the two individual networks that the blockchain assets are bridged between have absolutely no way of communicating with one another.

IBC is a standard for messaging and interacting between different blockchains at the protocol level. It’s the product of years of work on the idea that different blockchains should retain their sovereignty.

Do you think IBC will lead to a more permissionless and non-custodial future for crypto? 🤔 Share your thoughts on the implications of IBC!

Are you familiar with the 'me vs. you' mentality in the crypto market? 🤨 How do you think IBC addresses this issue?

Do you believe IBC will end ecosystem maximalism in the crypto world? 🤔 Share your thoughts on the future of interoperability!

Have you heard of the Inter-Blockchain Communication Protocol (IBC)? 🤔 How do you think it will change the crypto landscape?

🤣🤣🤣🤣'Es ist der Moby Dick der Kryptotechnik – der König der Liquidität.' ETH ist Zentralisiert da die von POW Weggegangen sind. Ich weiß noch nicht Mal viele ETH es wirklich gibt, nicht wie bei BTC das die auf 21 Millionen begrenzt sind. BTC ist Moby Dick und nicht ETH.

No word about chainlink CCIP so it is obviously a propaganda 🤮

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