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TheBlock

2021-02-08 10:49:58

Cosmos IBC and the argument for application-specific chains

Cosmos IBC and the argument for application-specific chains

Quick TakeThe interoperability protocol Cosmos IBC will be launching after Cosmos’ latest upgrade Stargate is activated on February 18thNotable projects built on the Cosmos SDK are Binance Chain, Kava, Terra, Band Protocol, and ThorchainApplication-specific chains offer more sovereignty but decrease composability. Notably, the security architecture for an ecosystem of blockchain applications changes

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