Unchained Want to Connect Blockchains? Cosmos Has Tools for Coders - Ep.117
Apr 30, 2019
Jae Kwon, founder of Tendermint, and Ethan Buchman, cofounder and technical director at Cosmos, unveil the revolutionary Cosmos network designed for blockchain interoperability. They discuss how Tendermint serves as a consensus mechanism akin to an operating system for blockchain. The conversation delves into the secure communication facilitated by the Inter-Blockchain Communication Protocol (IBC) and explores the complexities of governance and validation in a proof-of-stake environment. Prepare for insights on both innovation and security in the evolving blockchain landscape.
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Cosmos and Tendermint Overview
- Tendermint is open-source software, like an operating system, enabling the creation of various blockchain systems.
- Cosmos, built on Tendermint, acts as a network of interconnected blockchains, similar to the World Wide Web.
Tendermint's Multiple Meanings
- Tendermint refers to the company (Tendermint Inc.), the software (Tendermint Core), and the consensus algorithm.
- This layered terminology can cause confusion, especially for newcomers.
Cosmos Network's Goal
- Cosmos aims to create interoperability between diverse blockchains, regardless of their underlying technology.
- It starts with the Cosmos Hub, acting as a central router, connecting various blockchains for communication and token transfers.