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Venezuela, Guatire
1 Level
364 Review
1267.25 Karma

Review on Cosmos by Gabriel Medina

Revainrating 3 out of 5

Project in development with good ideas to facilitate the blockchain

Cosmos is designed for communication between chains, seeking to improve the stability between them. In short, it is an Internet of Blockchains where all of them can be interconnected.
The open source tools it uses are the following:
  • Tendermint: It serves to save the network and consensus layers, to reduce creation time in chains.
  • Cosmos SDK: To simplify the process of creating application in blockchain for more security.
  • IBC: Interblockchain communication protocol.
  • 
    It is a project in development that will really facilitate the blockchain but it still needs to fix certain failures in terms of security and as it is still in development it is not convenient to trust a lot but it is still a good idea that may have a promising future.

    

    Pros
    • Thanks to the tools it has, we can have a blockchain according to our needs.
    • We have control and access against malicious applications.
    • Thanks to its ATOM token we can earn rewards.
    Cons
    • Security issues and failures.
    • Failure-prone network.
    • Project under development.