An IBC action, typically recovering or updating a light client for a connected chain.
Proposal 1048 failed to reach a quorum; another attempt will be made to pass it This proposal seeks to recover IBC Client 07-tendermint-582 connecting CosmosHub to Gravity Bridge. The recovery process will replace the state of expired client with the state of newly created substitute client 07-tendermint-1496. Due to an exploit executed on Gravity Bridge, the network was down for several weeks, causing IBC clients to expire. Discussion: https://forum.cosmos.network/t/gravitybridge-ibc-reactivation/17168