A IBC transfer happens when a user moves an... - Deepstash

A IBC transfer happens when a user moves an asset from one Cosmos chain to another. This is done by effectively locking an asset on one chain and minting a mirrored version of it on another IBC-enabled chain.

Map of Zones shows Osmosis with 1.39M IBC transfers in the last 30 days, while the number two ranking project, the Cosmos chain itself, has under 486,000 over that same time period. 

3

13 reads

CURATED FROM

IDEAS CURATED BY

decebaldobrica

#engineering, #machinelearning and #crypto

Osmosis debut as a DEX and it's differentials

The idea is part of this collection:

The Startup Masterclass

Learn more about crypto with this collection

How to start a successful business

How to build a strong team

How to market your business

Related collections

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Personalized microlearning

100+ Learning Journeys

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates