The existing IBC solutions often rely on bridges that introduce additional trust and deficiencies. From the study, the solutions utilize multi-signature oracles operated by trusted third parties, requiring users to place their trust in the bridge’s smart contract and the entities behind it. With the implementation of Antelope IBC and Instant Finality on #WAX , developers gain access to a concept called elastic sidechains. Elastic sidechains address the inevitable throughput limitations that any blockchain faces by utilizing Antelope IBC and Instant Finality to route transactions to parallel sidechains.

#crypto #cryptocurrency #blockchain #WAXP