Cosmos: Blockchain 3.0, the foundation of a network of blockchains

0. Preface

Table of Contents

  1. Cosmos: Blockchain 3.0
    1.1 Bitcoin: Blockchain 1.0, Value of Decentralization
    1.2 Ethereum: Blockchain 2.0, Exploations of Applications
    1.3 Cosmos: Blockchain 3.0, a scalable and modular blockchain network
    1.3a) Building a blockchain
    1.3b) The makeup of a blockchain
    1.3c) Tendermint: POS based on BFT
    1.3d) SDK:Toolkit for developers
    1.3e) IBC cross-chain protocol: TCP/IP protocol of blockchain internet
    1.3f) Cosmos Hub: the Hub of value
    1.3g) Gravity Bridge+EVMOS: Compatible with Ethereum
  2. The choice of multiple chains: Cosmos Vs.Polkadot Vs. Avalanche
  3. The inevitability of multi-chain: the premise of Web 3.0
    3.1 A multi-chain world: an infinitely scalable modular blockchain
    3.2 Multi-chain Defi: a complete financial system
    3.3 Multi-chain Social: Unified Identity
  4. Summary

1. COSMOS: Blockchain 3.0

1.1) Bitcoin: Blockchain 1.0, Decentralized Value

  1. fork, and spend a lot of time and effort to keep to code running
  2. 2.develop on the original code, which is in script that is kinda old an hard to program.

1.2) Ethereum: Blockchain 2.0, the explosion of applications

1.3) Cosmos: Blockchain 3.0, a scalable modular blockchain network

1.3d) Cosmos SDK: Modular Development

  1. Account module: account management
    2.Bank Module: Transfer Transactions
    3.Staking module: Staking tokens
    4.Slashing Module: Slashing or confiscating the tokens
    5.Distribution module: Distributing reward
    6.Supply module: generated New coins
    7.Gov Module: On-Chain Governance

1.3e) IBC cross-chain protocol: TCP/IP protocol of blockchain internet

1.3f) Cosmos Hub: Value Hub

1.3f2) Atom: Capturing Value

1.3g) Heterogeneous chain communication: compatible with Ethereum

2. The choice of multiple chains: Cosmos vs Polkadot vs Avalanche

3. The inevitability of multiple chains: the premise of Web 3.0

3.1) A multi-chain world: an infinitely scalable modular blockchain

3.2) Multi-chain Defi: a complete financial system

3.2b) Cross-chain communication: the first step in reconstructing the financial network

3.3) Multi-chain social networking: unified identity

4.Summarize

Related Reading

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Foresight Ventures is a blockchain technology-focused investment firm, focusing on identifying disruptive innovation opportunities that will change the industry

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Foresight Ventures

Foresight Ventures

Foresight Ventures is a blockchain technology-focused investment firm, focusing on identifying disruptive innovation opportunities that will change the industry

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