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What Is Cosmos Blockchain. Blockchains are often complemented by databases, but in some scenarios, a database solution like azure cosmos db can supply the core characteristics of the blockchain itself. The cosmos network consists of a decentralized blockchain ecosystem created by tendermint, which provides scalability and interoperability.
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With its unique approach to the market, cosmos is simply put an ecosystem of blockchain networks, and is even dubbed the “internet of blockchains” by developers. The new feature will allow the cosmos blockchain to work in conjunction with other networks that have upgraded to the ibc standard. Think of the sun and the solar system.
The final vote to enable the feature was 112 million to 75, overwhelmingly in support of activation.
It is not just one simple blockchain, but rather it is comprised of many independent parallel chains. Cosmos aims to create what they describe as the “‘internet of blockchains, a network of blockchains able to communicate with each other in a decentralized way. The cosmos network consists of a decentralized blockchain ecosystem created by tendermint, which provides scalability and interoperability. In the simplest terms, ibc enables messages to […]
