IBC Protocol
The Inter-Blockchain Communication (IBC) Protocol is an open-source, permissionless protocol that enables secure and reliable communication between independent blockchains. It allows blockchains to exchange data, tokens, and other assets in a trust-minimized way, facilitating interoperability across different distributed ledger networks. IBC is a core component of the Cosmos ecosystem but is designed to be blockchain-agnostic, enabling cross-chain applications and composability.
Developers should learn IBC when building decentralized applications that require interaction between multiple blockchains, such as cross-chain DeFi, NFT bridges, or multi-chain governance systems. It's essential for projects in the Cosmos ecosystem and for any blockchain aiming to interoperate with others without relying on centralized intermediaries, as it provides a standardized, secure framework for cross-chain communication.