osmosis VS ibc-go

For more details about the v16 upgrade, including new modules, features, and improvements, check out the changelog https://github.com/osmosis-labs/osmosis/blob/v16.0.0/CHANGELOG.md

Osmosis has something similar: IBC rate limiting

Was looking through the documentation for https://github.com/osmosis-labs/osmosis/tree/main/cosmwasm/contracts/crosschain-swaps and saw that the proposal on Osmosis has already passed: https://www.mintscan.io/osmosis/proposals/454

This proposal proposes that the chain elect to do a software upgrade to the v5.0.0 software tag of the Osmosis codebase on block height 2383300. The timing of this upgrade is crucial to properly execute the Proposal 32 airdrop clawback. This clawback should happen right at the Airdrop end date of December 15th 5PM UTC, thus this upgrade must execute before it.

See more in the changelog

PR in the tweet: https://github.com/osmosis-labs/osmosis/pull/2334

If you ever want to check a project is not just image then head to their github activity https://github.com/osmosis-labs/osmosis/commits/main

There's really no unauthorized access to the code, as the Osmosis chain source code is open source: https://github.com/osmosis-labs/osmosis

Upgrade Cosmos-SDK to SDK v0.44 from SDK v0.42 For a full list of updates in Cosmos-SDK v0.44.3 please see its changelog. Noteable highlights include:\n - Authz - Allows granting arbitrary privileges from one account (the granter) to another account (the grantee). \n- New modules:\n - Bech32IBC - Allows auto-routing of send msgs to addresses on other chains, once configured by governance. Allows you to do a bank send on Osmosis to a cosmos1... address, and it is automatically sent to the corresponding Cosmos Hub address over IBC. This is a big step in enabling more seemless IBC UX.\n - TxFees - Enables validators to easily accept txfees in multiple assets, whitelisted by governance, by declaring minimum fees in OSMO. Alternative fee assets are converted to their OSMO value, using the spot price on their primary OSMO base pair pool. This upgrade pre-whitelists all the assets currently supported on the Osmosis frontend with an OSMO basepair pool.\n- Implements Proposal 32 - Clawback of unclaimed Osmo and Ion on airdrop end date. (December 15th, 5PM UTC)\n- Upgrade IBC from a standalone module in the SDK to IBC v2. This improves the utility of Ethereum Bridges and Cosmwasm bridges.\n- Blocking OFAC banned ETH addresses \n- Numerous minor bug fixes, gas fixes, and significant speedups.

2) ibc-go library patch to assist in handling of 'unknown' client states (see here: https://github.com/cosmos/ibc-go/issues/850).

This release will include a few very important items: 1) Increasing the staking APR to 300% 2) ibc-go library patch to assist in handling of 'unknown' client states (see here: https://github.com/cosmos/ibc-go/issues/850). TDLR: hopefully allowing the stuck terra transactions to become 'unstuck'. The proposal for this release was just raise. See: https://www.mintscan.io/sifchain/proposals/29 https://wallet.keplr.app/#/sifchain/governance?detailId=29

The Inter-Blockchain Communication protocol (IBC), code name Stargate, launched February 2021 and (like the name implies) allows all these chains to communicate with each other.

IBC Protocol

Rizon utilizes Tendermint and is powered by Inter Blockchain Communication. Its upcoming products bring a decent value to the market, in particular expanding numerous use-cases for stablecoins, providing decentralized governance and issuance for them.

To become a relayer, it's worth understanding IBC (https://ibcprotocol.org or https://github.com/cosmos/ibc-go ). The IBC Go team just (as in this morning) started a webinar series about deep diving into IBC. Look for the link of today's recording on Discord. The Hermes technical details are here: https://hermes.informal.systems and a Medium article is in the works that details how to easily set up. (I wish I finished it by today.) Maybe, we can publish it next week.

"Regarding the upcoming mainnet upgrade initially scheduled to be performed at the block height of 2,472,800, we would like to inform our partners and community that we would recommend to postpone it to a later date due to the following reasons: - In the past weeks, we have conducted several dry-runs and discovered a potential issue that could affect the performance and efficiency of the upcoming mainnet upgrade; - In addition, there was a significant change in ibc-go last week, so we will need to make changes accordingly on the new mainnet binary. These changes on ibc-go (more details are at ibc-go’s complete changelog https://github.com/cosmos/ibc-go/blob/v1.2.0/CHANGELOG.md) also result in the new release of tendermint from 0.34.12 to 0.34.13 (https://github.com/tendermint/tendermint/releases). The core team is now working hard on updating the binary and resolving the potential issue. We will update you with more information about this upgrade as early as we can. Meanwhile, p​​lease consider changing your vote to No or No with Veto If you have voted for proposal 5 before. Thank you for your support and please feel free to let us know if you have any questions. "