Deep Dive on Cosmos: The Focus on Interoperability

  • Tendermint:A protocol that can communicate with blockchains within a network and with external blockchains. With Tendermint, you can create any blockchain system seamlessly. Cosmos uses a blockchain engine called Tendermint Core, which creates proof-of-stake (PoS) consensus algorithms.
  • Cosmos Software Development Kit (Cosmos SDK): It allows developers to easily build custom, scalable and interoperable blockchain applications on top of Tendermint. IBC is a module in Cosmos SDK, and is a standardized inter-chain communication protocol, which builds a blockchain TCP/IP protocol that makes multi-chain data interoperability possible and helps unlock the interoperability between blockchain platforms.
  • App-Chain: An independent blockchain optimized for a specific application and built using Cosmos SDK.
  • Axelar: Multichain — the suite of protocols supported by the Axelar network, including IBC, supports integrations with Cosmos, Ethereum, Polkadot, Avalanche, Fantom, and other chains.
  • Nomic: Bitcoin — Nomic’s Bitcoin bridge creates an NBTC token that is redeemable for BTC, which can be sent over IBC and used throughout Cosmos.
  • Octopus Network: Polkadot — it has been working hard at developing an IBC module for Substrate’s GRANDPA consensus mechanism. And the Interchain Foundation (ICF) has accepted Substrate IBC Milestone 2 on April 20.
  • Chorus One: Celo — Celo Foundation has awarded a grant to construct a bridge between two ecosystems in November 2020.

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Established in 2017, focusing on venture capital in the area of blockchain https://bixinvc.com/

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Bixin Ventures

Bixin Ventures

Established in 2017, focusing on venture capital in the area of blockchain https://bixinvc.com/

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