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Inter-Blockchain Communication Protocol (IBC) Meaning

An open-source standard for passing messages and transferring tokens between independent blockchains. It is the "connective tissue" that allows different chains to "talk" to each other, creating an "Internet of Blockchains" rather than a series of isolated "walled gardens." IBC works like a shipping container: it provides a standardized way to package data so that it can be moved from a "source" chain to a "destination" chain safely.

It ensures that tokens aren't "duplicated" during the move; they are locked on one chain and a mirrored version is minted on the other. This protocol is a key feature of the Cosmos ecosystem, but it is designed to be chain-agnostic.

As more chains adopt IBC, the friction of moving between different ecosystems will disappear, allowing for a more efficient and liquid decentralized economy where assets can move freely to where they are most needed.

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