Cosmos For Beginners 7
Cosmos For Advanced 7
Cosmos Quiz 1
Future Network Outlook
Since launching the network in 2017 with the private and public token sales, cosmos rolled out an MVP of their hub which launched in 2019 along with the IBC, and has onboarded several noticeable projects like Band protocol and Kava. Users can stay up to date on the latest developments by following the cosmos newsletter.
Early in 2021 it got dominated by the developments around stargate which were implemented in February 2021 and allowed previously siloed blockchains to sned tokens from/to one another. The tendermint blockchains are now interoperable and allow Cosmos SDK blockchains to communicate with other blockchain protocols.
The Cosmos Hub development teams released Roadmap 2.0 as an updated development roadmap with the main objective being to enhance liquidity in the Gravity DEX, bolster economic security and improve overall usability for developers and users. Gravity DEX allows users to swap digital assets across the network and it is anticiapted to be released soon. The DEX upgrade will create an automated Market Maker on the hub similar to Ethereum and Uniswpa. Gravity Bridge is an Ethereum-Cosmos bridge that is also planned to roll out in 2021. Ethermint is a layer that runs on top of Ethereum and it is compatible with both the Ethereum and Cosmos ecosystems. Interchain Staking is planned for late 2021 and a chain name service is also planned for 2021.
Cosmos and Tendermint are both interesting projects as they bring a whole new level of scalability and interoperability to blockchains which is something that the world needs right now. Time will tell how it will hold up some of the competitors in the interoperability space like AION, ICON, Cardano, and more. The tech is intriguing and it seems that the team is very passionate and dedicated to keep on building.
The main benefit of this technology is the ability for parties to share a ledger without having to rely on central authority as blockchains are decentralized. The first application of blockchain technology today as we know it is Bitcoin.