Cosmos Ecosystem

Cosmos Ecosystem

The Cosmos Ecosystem, often dubbed the "Internet of Blockchains," is a decentralized network designed to facilitate interoperability and scalability among various blockchain networks. It aims to create an interconnected web of blockchains that can communicate and exchange tokens seamlessly.

Key Components

• Cosmos Hub: The central blockchain of the Cosmos network, which connects to other blockchains (zones) and facilitates interoperability.

• Tendermint Core: A consensus engine that powers the Cosmos Hub, providing high performance and security.

• Inter-Blockchain Communication (IBC): A protocol that enables different blockchains within the Cosmos ecosystem to transfer data and tokens between each other.

• Cosmos SDK: An open-source framework that simplifies the process of building custom blockchains. It includes pre-built modules for common functionalities like staking, governance, and token issuance.