Cosmos ecosystem and restake

Introduction In this presentation we’re going to cover some of the basics of Cosmos ecosystem and what is the work of validators and what they provide. What is Cosmos? Ecosystem based on consensus Uses Tendermint code for Consensus: 2/3 of voting power must agree What problems can chain have? Centralization (too few validators have > 66% voting power) Chain halt because of lost keys or DoS Security issues (on apps or in cosmos itself) Ecosystem Cosmos is a very rich ecosystem that can be interconected via IBC Many different projects and goals: ATOM, NYM, Sifchain, UMEE, Evmos, GenesisL1, Juno, Osmosis, etc Many projects perform airdrops to stakers in other projects What is a validator?...

October 6, 2022 Β· 3 min Β· Merak