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Four documents, the same five questions.

No throughput league table and no yield. The cells are what this library is willing to say about the text.

QuestionThe Interblockchain Communication Protocol
What the text proposesTwo chains verify each other with light clients. A relayer carries packets and proofs. The relayer is not trusted to tell the truth. It is trusted to bother showing up. Security is the security of both chains.
Who may writeChristopher Goes and the Cosmos IBC specification
What is settledA client tracks a counterparty's consensus state.
Load-bearing assumptionThe specification is not the Cosmos Hub's current validator set, and not an assurance about every chain that speaks IBC.
What this library says afterwardsLight-client security collapses if the counterparty's consensus is captured. IBC does not add a third set of guardians to save you.
RightsOfficial external source only