02-14-2023, 02:21 AM
Polkadot & Cosmos is working together instead of having tribalism
<!-- SC_OFF --><div class="md"><p>Cosmos and polkadot projects working together instead of having tribalism is bullish for the crypto space as whole as think they are the leaders of interoperability! If you take a look at projects such a moonbeam and axelar focusing on crosschain! With moonbeams connected contracts and axelars generall message passing (gmp) is a good example! Another angle is composoble finance which is bringing Inter blockchain communications (IBC) to polkadot and Near protocol. IBC is already well established with in cosmos ecosystem facilitating billions of dollars a cross the ecosystem and polkadot has deployed xcm v3 which is also gaining a traction as more parachains is deploying on the network! The interoperability of the those parachains will take of in 2023 and I believe xcm (cross consensus messaging) will take of just like IBC took of in 2021. I believe both will come out as winner out of this bear market.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Silver-Berry-7073"> /u/Silver-Berry-7073 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/111hov5/polkadot_cosmos_is_working_together_instead_of/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/111hov5/polkadot_cosmos_is_working_together_instead_of/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>Cosmos and polkadot projects working together instead of having tribalism is bullish for the crypto space as whole as think they are the leaders of interoperability! If you take a look at projects such a moonbeam and axelar focusing on crosschain! With moonbeams connected contracts and axelars generall message passing (gmp) is a good example! Another angle is composoble finance which is bringing Inter blockchain communications (IBC) to polkadot and Near protocol. IBC is already well established with in cosmos ecosystem facilitating billions of dollars a cross the ecosystem and polkadot has deployed xcm v3 which is also gaining a traction as more parachains is deploying on the network! The interoperability of the those parachains will take of in 2023 and I believe xcm (cross consensus messaging) will take of just like IBC took of in 2021. I believe both will come out as winner out of this bear market.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Silver-Berry-7073"> /u/Silver-Berry-7073 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/111hov5/polkadot_cosmos_is_working_together_instead_of/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/111hov5/polkadot_cosmos_is_working_together_instead_of/">[comments]</a></span>