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Day 2 of our #opensource -athon and another useful tool

@cheqd_io's cross-chain address convertor is able to automate the derivation of any chain address from the #cosmoshub address.

github.com/cheqd/cosmjs-c…

So, why is this useful?

🧵
There is an assumption in the @CosmosEcosystem that wallet addresses across different chains, such as, @cosmoshub, @osmosiszone and @cheqd_io, are all identical.

This is because they all look very similar.

However, each chain's wallet address is actually unique
Interestingly, each network's wallet address can be derived using a common derivation path from the #cosmoshub wallet address.

Using one derivation path #BIP44 means that users that use one secret recovery phrase and core account to interact with multiple networks.
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