Antelope IBC to transform blockchain network functions

The interaction between blockchain networks is poised to undergo a radical transformation thanks to Antelope IBC, a cutting-edge solution built for Antelope-enhanced chains.

Inter-blockchain communication (IBC) is currently a significant technology within the blockchain industry. It enables communication between different blockchains to continue uninterrupted.

With IBC, two blockchains can communicate with each other and share information about their respective ledgers, opening the door for further interactions between them. IBC also provides access to a wide range of opportunities. It gives governance tool tokens the chance to earn on multiple blockchains and launches the process of performing transaction routing for the purpose of upgrading GameFi projects. Antelope IBC enables customers to carry out transactions without the intervention of a third party. Performing the bride system at the lower level of the chain is its primary duty.1

At the present time, the Antelope chains realize finitude in an instant. This helps to open the doors for further improvement compared to different networks like Bitcoin and Ethereum. To take things to the next level, the Antelope Coalition delivered Instant Finality dynamics. Instant Finality uses the HotStuff system, which allows block producers to agree to complete a particular block very quickly. This in turn helps Antelope chains achieve finality in almost no time, creating certainty for users that transactions made in finalized blocks cannot be reversed.

Antelope IBC and Instant Finality running on WAX simplify integration with elastic sidechains for developers. By moving transactions to parallel sidechains, solutions like Antelope IBC and Instant Finality can prevent throughput limitations that blockchains are vulnerable to. Tokens issued on the main chain do not require additional validators to exercise authority over the side chain’s resources and operations. This improves throughput and allows more people to be served.

By deploying the IBC, Antelope Coalition participants can choose to have their conventional tokens integrated with WAX, EOS, Telos and UX Networks. The significant IBC smart contracts that are on the WAX ​​blockchain are proof authentication, as well as wrap-lock EOS, wrap lock TLOS, wrap lock UX, wrap token EOS, wrap token TLOS, and wrap token UX. There are many benefits introduced by Antelope IBC in terms of the DeFi arena on WAX and Antelope chains. Users can perform asset switching between Antelope networks and access betting opportunities.