COSMOS: leader and potential winner of the modular blockchain

The fire of Celestia triggered a widespread discussion on the modular blockchain.In fact, modular blockchain has always been an important part of the application of chain narrative, not something new.Among the many application chain architectures, COSMOS is undoubtedly the most noticeable. It provides strong support and rich ecosystems for the development of the application chain through a unique modular public chain framework.With the help of COSMOS’s interoperability protocols and security mechanisms, different application chains can communicate and interact with each other to achieve the flow of cross -chain data and value.

The modular design concept of COSMOS also makes the development of the application chain more simple and scalable, providing a broad space for innovative applications in various industries.Recently, various modular popular projects and innovation cases have emerged in the COSMOS ecosystem, which further proves the huge potential of COSMOS modular design concept in promoting the commercial application of blockchain technology.As more and more public chains are focusing on modular development, as one of the earliest public chains that adopt modular development, COSMOS will undoubtedly become a potential winner of this wave of trends.

Modification: “Smart Contract Client” of the web3 world

The modular concept and practice are not introduced by blockchain technology, but the concepts that have already existed in the field of software engineering and system design.The origin of the modularization can be traced back to the early stage of computer science.Early computer programs are usually written in a linear manner, and code and functions are usually coupled together, resulting in difficulty in reuse and maintenance of code.To solve this problem, software engineers began to use a modular method to divide the code into modules or functions, and each module is responsible for specific functions.This modular method makes the code more readable, easy to maintain and reused.

With the development of computer science, the concept of modularity has gradually been applied to various fields and technologies.In 2019, when Mustafa Albasan wrote a white paper “Lazy Ledger”, a new architecture was introduced in detail. The blockchain was used only to sort and ensure the availability of transaction data, and it was not responsible for the execution and verification of the transaction.The purpose of this architecture is to solve the scalability of the existing blockchain system.At that time, he called this “smart contract client”. Later, with the emergence of Rollup, this idea was more certain. This structure was redefinedBlockchain).

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Celestia is the first modular chain in the real sense, but the technology of the modular chain does not appear until Celestia, and Celestia itself is based in Cosmos itselfAbove the SDK, and use Tendermint as its consensus engine, the development of COSMOS in terms of modularity is actually earlier. COSMOS has been committed to building a complete application ecological chain system through modularization. Last yearPublicly released the development goals of the Interchain stack in 2024. One of the most important goals is: to improve the degree of modularization by generalization software to more easily adapt to specific cases.It aims to further reduce width consumption and increase modularization.It can be seen that modularization has always been the strategic core of COSMOS.

Unlike a single -layer blockchain, COSMOS’s original idea is to build a platform for decentralized transactions, storage and protection of value to encourage cooperation, innovation and competition.Therefore, COSMOS chooses to use modular software stacks -COSMOS SDK and connected blockchain networks for construction.This allows the center and area of ​​the COSMOS ecosystem to start a modular blockchain with a customized execution environment, while using IBC for cross -chain communication.The number of modular and autonomous growth has increased the number of areas rapidly.As of now, a total of 52 of 56 areas are in an active state.

With the increasingly more and more projects in the public chain, all application scenarios have become more difficult through traditional single public chain.When developers use public chain as the underlying technology, multiple public chains may need to be designed for different application scenarios, and the modular public chain makes the establishment of multi -functional blockchain applications simple.The modular design also rescues the blockchain from the impossible triangle (decentralization, scalability, and security), allowing different modules to be responsible for different goals, and to complete the goal through the combination module instead of requiring a module to be a moduleComplete all goals.When a combination of combination and scalable modular public chain is more and more, blockchain projects and applications with various advantages will become a geometric increase, which will be widely used in our daily life meetings.Only the public chain network of architecture can truly support the future Web3 world.

COSMOS modular ecological project inventory

Blockchain technology has developed rapidly over the past few years, and has brought revolutionary changes to many industries.However, with the rise of decentralized applications (DAPP), we also realize that the shared bandwidth system of traditional blockchain may limit its growth.To solve this problem, COSMOS came into being.COSMOS modular architecture design provides convenience for developers.Through cosmosSDK, IBC, and TendermInt engine, developers can quickly build a modular specific application chain. In addition to the CELESTIA earlier, the public chain based on COSMOS modular tools also includes the following hot items worthy of attention.

Dymension

Dymension is a modular blockchain network using COSMOS and Celestia technology to ensure the security and interoperability of Rollapp using the IBC standard.Dymension uses a modular design to divide the blockchain function into multiple levels, and provide security, interoperability and liquidity through the Dymension Hub.Developers can use DymensionHUB deployed Rollapps and interacts with other Rollapps and chains that support IBC.

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The architecture of Dymension includes execution layers, settlement layers and consensus layers, and data layers.The execution layer consists of Rollapps and is responsible for handling transactions and status.The settlement layer and the consensus layer are Dymension Hub, which is a COSMOS SDK proof chain based on the COSMOS SDK. The state copy model of TENDERMINT CORE is used for networking and consensus.Dymension Hub provides security, interoperability and liquidity to serve Rollapps.The data layer is a data availability provider supported by the Dymension protocol. Developers can choose suitable data availability providers as needed.

At present, Dymension has launched the incentive test network Froopyland, allowing developers to perform the IBC ROLLAPP deployment without permission.In the fiercely competitive blockchain industry, modular blockchain is getting more and more attention and status.Dymension is an important part of this trend.Similar to projects such as Fuel and Celestia, Dymension has made important contributions to the development of blockchain ecosystems through its modular design and innovative solutions.

Dym is the native currency of Dymension with a total supply of 1 billion.On January 1st, Dymension announced the launch of the GENESIS Drop event and will be a 70 million DYM of Celestia, Ethereum, COSMOS, and Solana ecological users. Users can complete the recognition before 20:00, January 21, 2024, 2024.

Osmosis

OSMOSIS is an independent Layer1 application chain based on COSMOS SDK.It is also the first DEX application chain to integrate IBC cross -chain communication in the COSMOS ecosystem.OSMOSIS is similar to other AMM DEX. Liquidity providers deposit liquidity into the liquidity pool, and traders directly interact with these pools.By using the interoperability provided by the COSMOS ecosystem, OSMOSIS aims to achieve seamless cross -chain liquidity, and users can access extensive financial products and services.

As a decentralized AMM running on the COSMOS network, one of the main goals of OSMOSIS is to expand the overall utility of AMM, not just to promote the exchange of tokens.OSMOSIS is not only an AMM DEX, but also provides a tool for allowing developers to use liquidity pools to build their own custom AMM.In addition, OSMOSIS intends to enable the community to establish and customize its own liquidity pool.This is to promote innovation and experiments in the DEFI field, and provide support for creating a special liquidity pool that meets specific needs and use cases.

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The first main innovation of OSMOSIS is the ultra -current mortgage module, allowing the underlying OSMO tos in the liquidity pool to provide and mortgage to ensure the security of OSMOSIS at the same time.OSMOSIS has added more functions during the latest Fluorine upgrade, such as Stableswap (StableswapAMM), IBC rate limit and multi -jump route.The IBC rate limit is a response measure for cross -chain bridge hackers. It limits the upper limit of tokens that can enter and exit OSMOSIS in the defined time window.

OSMO is the original currency of OSMOSIS. It plays a vital role in the OSMOSIS ecosystem. It inspires users to participate in governance, pledge the currency and provide liquidity. At the same time, it is also the main transaction currency on the platform.OSMO’s maximum supply is 1 billion, and the current price is $ 1.80. In the past, the increase in SOL has attracted a large number of traffic, but people often ignore a fact.EssenceWith the increasing ecology of OSMOSIS, OSMO is expected to quickly gain value from the growing COSMOS ecosystem soon.

Neutron

Neutron is a general consumer chain without permission, for cosmosHUB provides a safe and multifunctional platform.Its goal is to promote the development of the COSMOS ecosystem and provide developers and users with rich DEFI applications and innovative use cases.Neutron’s design aims to keep it with cosmosHUB’s isolation state, which provides a comprehensive intelligent contract function, brings greater flexibility and selectivity to users.

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As a platform without permission, Neutron allows developers to deploy various types of smart contracts on them without having to vote for voting for whitening.This provides developers with a faster and more flexible development environment and encourages them to try new, experimental functions and innovations.By using the COSMWASM contract, developers can use powerful functions and tools to create smart contracts and decentralized applications.

Neutron’s appearance is cosmosHUB’s users bring rich DEFI applications and use cases.For example, the LIDO project chooses to release their ATOM mobile pledge derivatives on Neutron, which provides users with more choices and opportunities to participate in liquidity mining and income optimization.In addition, other cooperation projects such as Astroport, Squid, Croncats, SKIPProtocol, etc., also brings more innovative functions and use cases to Neutron, such as cross -chain capabilities and asset management solutions.

NTRN, as Neutron’s native currency, plays an important role in cross -chain communication and DAPPS security.It is not only valuable in the investment field, but also can be used to pay cross -chain transaction costs, mortgage and participation in network governance.This provides investors and users with a way to get value.At present, the price of NTRN is $ 1.37. Considering that Neutron has about $ 380 million MC and $ 1.3 billion in FDV, the price of NTRN is clearly underestimated.

Injective

Injective is a blockchain specific to the application. Use COSMOSSDK Construction.Its goal is to become an interconnected decentralized trading infrastructure layer.Unlike the decentralized exchanges (DEX) running on Ethereum, Binance Smart Chain or other Layer-1, the Injective protocol provides trading services on its own execution level, and allows third parties to build a trading platform without license to build a trading platformEssenceAll the trading platforms built on Injective shared the same order book to maximize the utilization rate of funds.The underlying Tendermint Core has awarded the ability of fast output time and instant confirmation, so that the protocol can handle a large number of transaction demand at the same time and maintain the security of the chain.

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The goal of the Injective protocol is to introduce the liquidity on other chains through a cross -chain mechanism.This chain allows traders to communicate with other IBC chains through IBC, and achieve interoperability through the Injective cross -chain bridge and Ethereum main network.This connectivity enables the platform to accumulate liquidity through seamless two -way communication and support tokens from different ecosystems for cross -chain transactions.At present, the chain has successfully achieved theThe cross -chain transmission between HUB and the Ethereum network is planned to achieve compatibility with the Ethereum virtual machine (EVM) this year.

Inj tokens are the native and ecological governance tokens of Injective Protocol. They play an important role in protocol and ecosystem governance, derivatives mortgage, protocol security, city merchants and relay incentives, and transaction cost capture.In addition, INJ tokens also have a unique mechanism to destroy auction, which helps to accumulate value for the entire Injective ecosystem.In 2023, the price of INJ tokens increased from $ 1.27 at the beginning of the year to $ 45.52, an increase of 3484%.At present, the price of INJ is $ 37.20, and the market value is ranked 31st.

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