• How does Cosmos work? (deep dive)
• Why are Dapps moving to Cosmos?
• Interchain Security
• The future of ATOM?
• Top Cosmos people to follow
• Cosmos Concerns
• News & Resources
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We break it all down for you here 👇 🧵
In this thread, we will cover:
• Logic behind why Cosmos was created
• Hubs & Zones
• Tendermint
• IBC
• Cosmos SDK
• Interchain Security
• Thoughts on $ATOM tokenomics
• Concerns
• Interesting projects building on Cosmos
• Some interesting news & developments
This thread was researched and written by Illuminati researcher @0x_ridam.
Tendermint is a consensus engine, but also an algorithm.
An analogy to explain Tendermint:
Cosmos is like a worldwide web of computers running on various operating systems
In this analogy, Tendermint is an operating system – like Windows or Linux.
It's also a solution that packages the Consensus & Networking layers of blockchain into a generic engine.
This allows developers to focus only on application layer development rather than the complex generic engine.
This alone saves years in development time
The TBFT engine is connected to the application layer by ABCI (Application Blockchain Interface).
This layer can be wrapped in any programming language, making it possible for developers to choose a language that fits their needs.
4. What is Cosmos SDK?
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Cosmos SDK is a development framework that helps in Blockchain creation for any use case.
It is modular, so devs can tweak various parts of the Blockchain to suit their needs.
This modularity is the main reason why many Dapps are building on Cosmos
Cosmos SDK comes with some pre-baked modules like the IBC module, staking, governance fee distribution, and banking module to help with the multi-assets
Developers can use these so they don't have to build everything from scratch.
Here are some popular protocols built using Cosmos SDK
We're always keeping tabs on the newest crypto projects that people are investing time and money into.
Here are some interesting web3 companies that just closed on funding from investors.
👇 🧵
A few weeks back, we covered 15 projects that had just fundraised, but there are already so many more exciting projects that we decided to do a part 2!
At @0x_illuminati, we're building a network of researchers, analysts, writers, educators & creators in web3.
One such network member is @TreehouseFi, a DeFi portfolio analytics platform - they make excellent educational content, which adds a lot of value to the ecosystem 👇
You can find some of Treehouse's best educational content on their profile on our website:
Newsletter time: Best Reads of 18-24 July 2022
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• Modular blockchains
• How Secure Are Blockchain Bridges?
• Coinbase is NGMI?
• Permissionless Pools
• Soulbound Token Landscape
• State of Arbitrum
• New Stablecoin on the Block
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