Cipholio Ventures Profile picture
Mar 1 19 tweets 12 min read
Part 1/2
This sharing focuses on the introductory research, mainly on the technical framework, and supplemented by ecological development. Thread is a bit long and there is no financial advice in the whole context. Please read it thoroughly. Image
1/18 #Cosmos Ecosystem is far more prosperous and diverse than most people think. Cosmos is not just an Atom chain. The #BSC #Terra #Oasis you know well belongs to the Cosmos Ecosystem. The total market value in the ecosystem has even reached 138B. What kind of magic power is it? Image
2/18 This is a great definition of #Cosmos, and the prominent part is its core ecological characteristics. A little flustered to see a series of professional terms? Don't worry. Let's explain it one by one. Image
3/18 To start off, it is very necessary to understand the development background of blockchain. From 1.0 to 3.0 is a process from line to surface and then to space. #Bitcoin has laid the technical foundation of the decentralized system. Image
4/18 #Ethereum provides a site for the landing of ecological applications, while #cosmos is carrying the mission of cross chain interoperability to expand its territory.
5/18 It may be more intuitive to understand from the architectural aspect. #Bitcoin has an integrated architecture, and its functions cannot be broken down after, so the modularity is the worst. Image
6/18 #Ethereum separates the application layer into #EVM to facilitate developers' development, while #Cosmos divides the contract layer, consensus layer and network layer into three parts, and puts forward corresponding packaging solutions respectively.
7/18 #Tendermint consensus is a #POS consensus algorithm based on BFT, which is mainly composed of consensus engine Tendermint Core and Interface ABCI. Tendermint Core is the core consensus algorithm of #Cosmos and the basic consensus of the whole network architecture. Image
8/18 ABCI is a protocol calling interface based on consensus. It mainly provides two functions: one is to quickly extract relevant information from the block stack, and the other is not to be limited by the development language. Image
9/18 #Tendermint mechanism makes the consensus layer and network layer in #Cosmos network composable, which makes it possible to modularize the bottom layer of blockchain.
10/18 Here comes the #Cosmos SDK, a general development framework for blockchain. All the parameters of a currency on the chain (e.g. the inflation,deflation, pledge binding, etc) can be voted and defined by developers. Image
11/18 This undoubtedly gives developers a great degree of freedom, so that it is no longer difficult to build a public chain in line with specific application scenarios.
12/18 In addition, one word that #Cosmos SDK constantly emphasizes is #Sovereignty, and developers and users are the makers of blockchain rules. Image
13/18 If the #Cosmos SDK is compared to the Federal Constitution, each chain built on it is an autonomous region, and each autonomous region is highly #autonomous but abides by the same constitution. I think this is the best interpretation of Cosmos Sovereignty.
14/18 Now let's talk about #IBC, which is very popular recently. IBC is essentially a module in #Cosmos SDK and a standardized interchain communication protocol. The TCP / IP protocol of blockchain built by IBC makes Multi-Chain Data interworking possible. Image
15/18 The main function of #IBC is to provide the exchange of assets and information between isomorphic chains. Due to the #Tendermint Consensus used for security confirmation, IBC cannot directly communicate with chains with different consensus mechanisms at present. Image
16/18 In addition, with the development of technology, #IBC is not necessarily the best Multi-Chain Communication Protocol, but with the accumulation of consensus and ecology, it does not hinder the possibility of IBC becoming a standard cross chain protocol.
17/18 Heterogeneous chain communication is realized through the bridging of Gravity Bridge. This is a #blockchain independent of #Cosmos ecology. Image
18/18 It has its own independent verifier responsible for the maintenance and security of the network, and supports the shared security of #Cosmos hub.
---------------
The entire sharing takes @realsatoshinet @iDeFi100 @ForesightVen @leafwind 's published content as a reference.

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Cipholio Ventures

Cipholio Ventures Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @cipholio

Mar 1
Part 2/2
1/14 Let's talk about the #Cosmos hub again. The #IBC protocol standardizes cross chain information so that blockchains in the Cosmos network can also communicate.
2/14 In this economically integrated network, #Cosmos Hub is the value pivot of this network. So far, let's look back and see if there can be a little different experience in the definition of Cosmos?
3/14 When it comes to #Cosmos, an unavoidable topic is the comparison with #Polkadot. In addition to the four features mentioned earlier, I think the biggest difference between the two lies in the difference between the Security mechanism and the Cross Chain mechanism.
Read 14 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(