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Cosmos founders Ethan Bukman and Jae Kwon have published a white paper presenting the new functionality of the project’s ecosystem.
In the summer of 2016, @jaekwon & @buchmanster released the @Cosmos whitepaper — a new philosophy of blockchain design that transformed the way the world thinks about building, operating, and connecting [email protected] was a cornerstone of this vision.
A refresher🧵 pic.twitter.com/QxQMRVCDVz
— Cosmos Hub ⚛️ (@cosmoshub) September 24, 2022
One of the key solutions is Interchain Scheduler, a cross-chain marketplace focused on MEV capabilities. It will be connected to a multi-chain transaction relay service (similar to Flashbots in the context of Ethereum).
“By purchasing block space on various chains, users can secure arbitrage opportunities with strong performance guarantees,” the document says.
Interchain Scheduler will redirect commissions received from the MEV marketplace to the Cosmos Hub treasury, the developers noted.
The second solution is called Interchain Allocator. It is a software module that allows Cosmos-based chains to achieve “economic coordination” to create applications focused on the creation of public goods. This approach, the developers are sure, will increase the value of the ATOM token.
The above solutions may be implemented in addition to the previously announced Cosmos Hub features related to cross-chain security and ATOM liquid staking.
Earlier, the decentralized derivatives exchange dYdX announced the creation of its own network in the Cosmos ecosystem.
The Cosmos Hub by ForkLog on Scribd
#Cosmos #developers #presented #white #paper #Cosmos #Hub
