IRISnet Blog
Published in

IRISnet Blog

IRISnet Has Enabled IBC Transfers & Completed the 1st Cross-Mainnet Token Transfer with Cosmos Hub

On April 1, IRISnet mainnet has enabled Inter-Blockchain Communication (IBC) transfers. Currently, IRIS Hub has already completed the 1st cross-mainnet token transfer with Cosmos Hub through IBC.

The governance proposal to enable IBC transfers on IRIS Hub was submitted on March 27. After 5 days of community voting, the result has come out on 2021–04–01 13:05:20 UTC, which is “Passed”. The participation of this voting is 59.17%, among which 99.99% are “Yes”.

As the proposal planned, cross-chain transferring and receiving assets using IBC on IRIS Hub has been available. Now IRIS Hub can support the interchain token transfers with Cosmos Hub and other networks connected over IBC. There is no doubt the interchain era has begun and the cross-chain ecosystem is growing at a rapid pace.

At present, IRIS Hub has completed an IBC transaction with Cosmos Hub. It is worth emphasizing that this is the first token transfer between mainnets via IBC.

The 1st IBC Transfer between IRIS Hub and Cosmos Hub

IBC Transfer Tx:

The enabled IBC and the successful cross-chain transaction between mainnets mark a far-reaching milestone that the application of cross-chain technology has already entered into a brand new era. And this momentous achievement will bring more liquidity and possibility to IRIS Hub as well as Coinswap module.

Recommended Reading

Enable IBC Transfers on IRIS Hub On-chain Governance Proposal has been submitted

💌 Community Channels

English Telegram
Chinese Telegram
Korean Telegram
Korean KakaoTalk
Philippines Telegram
Italian Telegram
French Telegram
Hispanic Telegram
Arabic Telegram
•WeChat subscription: irisnetwork



Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store


Built with Cosmos-SDK, IRIS Hub enables cross-chain interoperability while providing modules to support distributed business systems.