Inter-Blockchain Communication
Inter-Blockchain Communication (IBC) is a protocol that enables secure and reliable communication between independent blockchains, allowing them to exchange data, tokens, and messages. It standardizes how blockchains connect and interact, facilitating interoperability in decentralized ecosystems. IBC is a core component of the Cosmos ecosystem but designed to be blockchain-agnostic.
Developers should learn IBC when building applications that require cross-chain functionality, such as decentralized exchanges, multi-chain DeFi protocols, or interoperable NFT platforms. It's essential for creating scalable blockchain networks where different chains need to share assets or state, enabling use cases like token transfers, oracle data sharing, and cross-chain smart contract calls.