Cosmos 2.0 Analysis: More mature than Ethereum in 2017

Cosmos is the most complete ecosystem I’ve ever seen, and the process of development, collaboration, expansion, and evolution reminds me of Ethereum in 2017, but it’s more mature.

$ATOM the evolution of 2.0

New token economics that enables new utilities, schedulers, allocators, and inter-chain security for mobile stakes. Cosmos Hub will continue to exist, but now it has a real identity and purpose: to attract new chains to join and protect as a reserve IBC asset.

Cosmos 2.0 Analysis: More mature than Ethereum in 2017

Native $USDC is about to enter Cosmos, which is probably the most underrated thing to date.

It does not have a death vortex, and despite being centralized, it has been a major driver of cryptocurrency liquidity.

Cosmos 2.0 Analysis: More mature than Ethereum in 2017

infrastructure

Ledger is committed to supporting this ecosystem, and it will support 25 Cosmos chains by the end of the year, and support their dApps directly from Ledger Live, and Ledger will also be a validator of these chains.

Cosmos 2.0 Analysis: More mature than Ethereum in 2017

Speaking of wallets, we also have multisig support similar to Gnosis Safe. There is no risk of smart contracts here, nor of the blockchain itself.

Cosmos 2.0 Analysis: More mature than Ethereum in 2017

Akash continues to lower the barrier to entry and maintenance costs for cloud hosting, allowing individuals, not just institutions, to join these services.

This will have a huge role for the chain, the validators, and even the entire ecosystem.

Cosmos 2.0 Analysis: More mature than Ethereum in 2017

security

Chains like Osmosis, Juno, Evmos will provide security and receive security from each other.

They are both hubs and zones, providers and consumers of security, and they stay close to each other to form a structurally secure ecosystem: similar to NATO.

Cosmos 2.0 Analysis: More mature than Ethereum in 2017

The Mars protocol launched its own chain, and its DeFi protocol was originally on Osmosis. The Mars chain will coordinate lending with others for deployment to other chains, and the chain itself will not hold liquidity, but will provide them with an intermediary chain.

Cross-chain accounts have evolved thanks to IBC. The ability to send tokens from Osmosis to Juno and automate the exchange reduces the number of active cross-chain steps, or provides liquidity directly rather than through Osmosis, and the same is true for governance voting.

More than Cosmos

Axelar and Gravity Bridges are working to move NFTs on non-Cosmos chains, potentially deploying them on OpenSea.

IBC will be used for Polkadot and Near.

The evolution of NFTs

By charging $Stars, you can create or stake your NFTs directly on-chain, and even IP-managed NFTs have their marketplace, thanks to the all-powerful Flix.

Cosmos 2.0 Analysis: More mature than Ethereum in 2017

Cosmos 2.0 Analysis: More mature than Ethereum in 2017

DeFi 2.0

Index tokens, ETFs, commodities and inter-chain stablecoins.

Cosmos DeFi feels like it’s just getting started, and we’ve introduced a whole new era in this ecosystem where all these new DeFi tokens will be introduced to Cosmos.

Cosmos 2.0 Analysis: More mature than Ethereum in 2017

Cosmos 2.0 Analysis: More mature than Ethereum in 2017

Osmosis ushered in an upgrade

1. TWAPs (Time-Weighted Average Pricing)

2. Query: Get data from other chains to Osmosis smart contracts

3. Accelerated proposals (e.g. Terra and other emergencies)

4. Stablecoin exchange

5. Order Book

Cosmos 2.0 Analysis: More mature than Ethereum in 2017

Cosmos 2.0 Analysis: More mature than Ethereum in 2017

The evolution of Celestial

Celestia’s goal is to take this ecosystem to the next level, adding modularity to the monolithic chain: the execution layer, the consensus layer, and the Rollup smart contract chain layer for fast transactions. The ultimate goal is to replace the website with a separate chain.

Cosmos 2.0 Analysis: More mature than Ethereum in 2017

Cosmos 2.0 Analysis: More mature than Ethereum in 2017

New chain

Even Circle will launch its own Cosmos chain, and interest in building blockchains on Cosmos has never been stronger.

Obviously, this ecosystem is undoubtedly one of the most important places to participate in our Web 3 journey.

Cosmos 2.0 Analysis: More mature than Ethereum in 2017

Posted by:CoinYuppie,Reprinted with attribution to:https://coinyuppie.com/cosmos-2-0-analysis-more-mature-than-ethereum-in-2017/
Coinyuppie is an open information publishing platform, all information provided is not related to the views and positions of coinyuppie, and does not constitute any investment and financial advice. Users are expected to carefully screen and prevent risks.

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