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A network of independent blockchains that can communicate with each other through the IBC (Inter-Blockchain Communication) protocol.
Definition
A network of independent blockchains that can communicate with each other through the IBC (Inter-Blockchain Communication) protocol. Each chain in the Cosmos ecosystem can have its own validators and governance while still being able to transfer assets to other Cosmos chains. ATOM is its native token.
Related Terms
The ability of different blockchains to communicate and work together.
The ability to move assets, data, or messages between different blockchain networks.
The base blockchain that processes and finalizes transactions.
Application Binary Interface.
A way to make crypto wallets behave more like normal apps by turning every account into a smart contract.
The way Ethereum and many other chains track balances.
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