GoZ Updates #5: Looking back at Game of Zones and Looking forward to the IBC Protocol

This article, the last of the Game of Zones Series by Persistence, documents the events and updates from Cosmos’ Game of Zones. The aim of this document is to understand the importance of Inter-Blockchain Communication (IBC) for the holistic growth of the blockchain ecosystem and also chronicle the learnings obtained by Persistence from this event.

Today’s siloed blockchains will soon be interacting with other blockchains. The IBC Protocol enables interoperability between blockchains and this will propel the blockchain industry to much greater heights as this is perceived as a setback to the industry currently. At Persistence, we have always been vocal about Interoperability, and here is a link to a blog talking about the implementation of IBC by the Persistence team.

Read the rest of this article on our official blog: https://bit.ly/3xEJBHi

About Persistence

Persistence is a Tendermint-based, specialised Layer-1 network powering an ecosystem of DeFi applications focused on unlocking the liquidity of staked assets.

Persistence facilitates the issuance and deployment of liquid-staked stkASSETs, allowing users to earn staking rewards while participating in DeFi primitives, such as lending/borrowing and liquidity provisioning on DEXs.

Persistence aims to offer a seamless staking and DeFi experience for PoS (Proof-of-Stake) users and enable developers to build innovative applications around stkASSETs.

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