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Cardano Ecosystem

Cexplorer

07/10/2024

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Cardano Joins IBC to Boost Connectivity to Other Blockchains

The Cardano Foundation has officially become part of the Inter-Blockchain Communication (IBC) alliance.

Cardano Joins IBC to Boost Connectivity to Other Blockchains

The Cardano Foundation has officially become part of the Inter-Blockchain Communication (IBC) alliance. As part of this collaboration, Cardano plans to integrate IBC using its native technologies. Notably, this integration will leverage Aiken and Mithril. 

The move aims to enhance Cardano's interoperability within the broader blockchain ecosystem. About IBC The IBC protocol is an open-source solution that facilitates data sharing and communication between different blockchains. 

It acts as a digital link connecting over 110 blockchain networks, enabling safe information sharing, asset exchange, and seamless interaction. Think of IBC as a digital bridge that links various blockchain networks, promoting interoperability and scalability. 

Annually, IBC processes 30 million token transacti Read article: Cardano Joins IBC to Boost Connectivity to Other Blockchains

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ORIGINAL SOURCE

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Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


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