Scarcity drives innovation: Ethereum and Cosmos transform into settlement layers for app-specific chains. - cosmos applicationspecificchains
Cosmos Hub is trying to become the security layer for the application-specific chains or appchains in the ecosystem.
With the IBC protocol, Cosmos has the infrastructure ready to expand its ecosystem horizontally to new chains and applications. By building connection points between major ecosystems with appchains, Cosmos will be able to form important hubs that users flock to. This will give rise to a whole range of new projects too, such as products for stablecoin swapping.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Dormant $15 million wallet from Ethereum ICO wakes up after eight yearsThe Ethereum ICO participant has started consolidating some of their funds into a single wallet, including a large amount from the ICO.
Read more »
Sleeping Ethereum Whale EmergesSleeping Ethereum whale, inactive since initial coin offering (ICO) eight years ago, has reemerged
Read more »
Ethereum (ETH) Price Analysis for May 28When can traders expect growth of ETH to $2,000? crypto Ethereum ETH $ETH cryptoexchange VitalikButerin ethereum
Read more »
Ethereum’s Shanghai upgrade made it easier to detect criminalsStaking rewards following Ethereum’s Shanghai upgrade have made it easier for investigators to spot counterintuitive behavior by ETH holders.
Read more »
Another dormant Ethereum wallet reawakens after 8 years, moving millionsA dormant Ether wallet containing nearly $15 million in ETH, has suddenly come online. Its owner transferred all 8,000 ETH to a new wallet address after leaving it untouched for nearly 8 years.
Read more »
Ethereum Whales Are Taking Profits as ETH Hits $1,904Ethereum whales are successfully taking profits while the cryptocurrency makes it back above important threshold
Read more »