Deep Dive on Cosmos: The Focus on Interoperability

  • 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.
  • 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.

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Bixin Ventures

Bixin Ventures

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