Cronos បើកដំណើរការប៉ុស្តិ៍ IBC ទៅ IRISNet Blockchain

គំនួសពណ៌ៈ

• Cronos has opened up a brand new passageway between its chain and IRISNet. By establishing an IBC channel, the two blockchains can now smoothly transfer assets back and forth.
• You’ll be able to take advantage of DeFi opportunities on Cronos even if you just hold IRIS. Or pick up some trendy NFTs on IRISNet using your CRO.
• With continued improvements, crossing between the chains will soon be easier than scrolling through tweets.

The crypto world just got a little more connected, thanks to some shiny new bridge work from Cronos. In a move sure to delight coin collectors everywhere, Cronos has launched an IBC channel linking its chain directly to IRISNet. But what does this technical plumbing work actually mean for you and me? Let me translate crypto-speak into plain English.

Bridging the blockchain divide

Blockchains don’t usually play nice with each other. Each one operates independently, keeping its coins safely within its own borders. This lack of interoperability has been a major roadblock for the crypto ecosystem. Suddenly being able to move assets freely between different chains opens up huge new possibilities.

Enter IBC (Inter-Blockchain Communication) – the messaging protocol that lets blockchains softly whisper to each other. By establishing IBC channels, blockchains can coordinate coin transfers in a trustless way. It’s like building cosmopolitan bridges where isolated islands once stood.

A Cosmos of opportunity

Cronos and IRISNet are both members of the broader Cosmos network, so this new bridge fits right in with the “internet of blockchains” vision. Being able to fluidly move IRIS coins back and forth will create all sorts of synergies. Need to deposit your IRIS as collateral on Cronos’ booming DeFi platforms? No problem ahora. Want to buy some flashy new NFTs on IRISNet but only have CRO in your account? Crosstown bridge coming right up!

The accessibility and convenience will open whole new demographics to both blockchains. Think of all the expanded possibilities when barriers to exploration and experimentation fall away. Fans of both universes can now freely interact instead of viewing from afar.

Easy as IRIS

Ensuring bridge usability was clearly a focus for Cronos. Their blog post walks you through the process like a patient friend, breaking it down into simple illustrated steps. “Select IRIS as the origin, Cronos as the destination, connect your wallets – and boom, your coins travel between chains.”

With bugs addressed and features continuously improved, using the Cronos-IRISNet bridge will soon be easier than remembering your passwords. The brilliant UX means the powerful new possibilities of interoperability are accessible to all.

According to CRO price prediction, CRO is expected to see slight gains over the next week but overall trade sideways in current range of $0.05 to $0.053. This latest development may provide slight upwards pressure on price. 

For long-term Cronos investors, it is recommended that you read our article “CRO price prediction for 2040-2050”.