Informal Systems completed an audit of the IBC in January 2021. Most of the development effort for IBC went towards security and ensuring the funds flowing through the state machines were safe.

Also, the failure rate for on-chain IBC transfers is zero, but getting packets relayed promptly is a work-in-progress.

According to a recent podcast by the Tendermint team, relayer incentives are in development to improve network capacity. Visit Cosmos’s documentation to learn more about relays.

Informal Systems completed an audit of the IBC in January 2021. Most of the development effort for IBC went towards security and ensuring the funds flowing through the state machines were safe.

Also, the failure rate for on-chain IBC transfers is zero, but getting packets relayed promptly is a work-in-progress.

According to a recent podcast by the Tendermint team, relayer incentives are in development to improve network capacity. Visit Cosmos’s documentation to learn more about relays.