You are viewing a single comment's thread from:

RE: Why can Luna be Green in Bear Market? (Terra Chain)

I am still learning about the specifics of the IBC, but essentially it allows you to interact with other Cosmos SDK-based blockchains NATIVELY, right? Like On OSMO chain for example, from what I can tell, it seems like you can actually send REAL coins from LUNA that are not wrapped, is that right? Or is it just a lower risk form of wrapping? As it stands right now, bridges for other chains are basically 2 chains that are not designed to work with each other just kinda communicating via a rough tool that is practically held together by tape, I hear that bridges often have a lot of risk. So I am assuming the advantage of Cosmos' ecosystem of chains has the advantage of being much safer.

Posted Using LeoFinance Beta