Review on Cosmos by LUIS RIVERO R
Connection between chains.
Highly decentralized cryptocurrency that supports parallel chains. That is, more than a crypto it is an ecosystem that allows the connection currently the chains that support this process are really slow.
The main thing is to create chains that can communicate, in this case called by its developers the blockchain internet, this project is really ambitious due to the aforementioned, according to its planning for this year 2020 the first stages that could interconnect several would be launched chains.
To understand this project, you simply have to get the idea that you are looking to develop, as I mentioned earlier, create a super fast blockchain that allows you to associate with others such as Bitcoin, Etherium, among others and that allows cross transactions with Cosmos being the engine of this ecosystem. Really ambitious the progress of the same will decide if they really will fulfill their purpose for now is kept on hold.
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Pros
- Highly decentralized.
- Allows connection between chains
- High blocking performance between chains of 1 second theoretically.
- Good market capitalization.
- Theoretically it is highly scalable, it can be used by millions of users at the same time.
Cons
- Currently there are chains that offer these services and only offer a quick exchange or a decentralized service. Which are generally difficult to use.
- It still has security problems, and may appear more as your network is used since it is technically not available.
- His development team although public is not confirmed for the most part.
