Conversation

True. No smart contract deployed on Terra has any IBC token, so we can say Juno is permissionless IBC oriented cross chain smart contracts chain vs Terra permissionless smart contracs chain only
1
12
the only reason Terra doesn't have IBC contract is that when it launched, IBC integration in CosmWasm was still in an experimental stage, and they wanted to be risk-averse. so the IBC feature was disabled
4
14
hard to say... Terra runs CosmWasm 0.16 which i don't know if supports IBC. if yes then it's probably doable. it we have to upgrades to CW 1.0 it'd be much more difficult because CW 1.0 is not backward compatible, and all contracts need to be re-deployed
4
14
This is the minor effect. The major effect is a composeable network of contracts talking to one another over IBC with full logic capabilities.
1
8