Replicated Security is a shared security concept that lets smaller app-chains leverage the Hub's validators for security. <shout-out to Neutron>
While potential problems like 'economic burden on validators '& the 'subset problem' may occur, ideas are continually explored.
Mesh Security, dubbed the ‘NATO of Cosmos Chains’, leverages the market-caps of chains to collaborate for security. It doesn’t require the same level of extra resources for RS.
Adopting a delegator-centric design, stakers take on higher slashing risk, but reap greater rewards.
Replicated vs Mesh ❌
Replicated AND Mesh ✅
They complement each other: Replicated Security can benefit early-stage projects, and as they mature, they can transition to Mesh Security for a robust and flexible model.
Read the full article to find out more 💫
• • •
Missing some Tweet in this thread? You can try to
force a refresh
Wrote an article on recent market events with $UST peg, $LUNA, LFG $1.5bn approach, Anchor updates for $veANC, yield reserve, and following #Terra eco updates with Retrograde & Nexus; $ANC $ASTRO $PRISM wars.
As of 09/05/2022, LFG holds 80.39k Bitcoins worth $2.65 billion 1.69m LUNA worth $102.8 million & 1.97m AVAX worth $95.55 million.
If you are wondering how the BTC & AVAX work in the UST reserves as third-party assets, do give my previous article a read. medium.com/@galacticpunks…
If you have been lurking on Twitter, you’d have seen or heard a lot of noise about the apparent $UST de-peg, flow of money exiting the market, and details regarding ~$2 billion worth of Anchor withdrawals.
Here are the flow of events detailed below. h/t @larry0x for stats.