Cosmos (ATOM) News
The Cosmos Network—like the observable universe—is steadily expanding. Visit our planetarium (the ecosystem page), showcasing the most notable projects launching mainnets soon.— Cosmos - the Internet of Blockchains (@cosmos) March 19, 2019
A cross chain swap is sending tokens on one chain to another address and the proof of that payment is then relayed to the other chain which initiates another transfer on the second chain. Is the IBC mechanism also more or less similar? Does IBC offer additional functionalities over the cross chain swap?
Both aim at interoperability between different blockchains, both use PoS, and both advertise themselves as blockchain 3.0.
How do you think these two projects relate to each other, and what are the benefits and downsides of both (in relation to each other?)
|24h Low / 24h High||$4.25 / $14.83|
All time high
|All time high||$14.83|
|All time high date||2019-03-19 (18 hours ago)|
|Since all time high||-70.99 %|
|24 hours||-2.46 %|
|7 days||-8.55 %|
|14 days||21.11 %|
|Merged pull requests||38|