Bankless EthCC #5 | "The Cosmos (ATOM) Thesis" - Sunny Aggarwal
Jul 30, 2022
Sunny Aggarwal, a key figure in the Cosmos ecosystem, dives into the intriguing Cosmos thesis and its unique approach to blockchain technology. He discusses the evolution of application-specific chains and contrasts them with Ethereum's roll-up strategy, highlighting the benefits for decentralized applications. The conversation also explores the decentralized development model of Cosmos, emphasizing cross-chain communication and collaboration with Ethereum. Additionally, he shares insights on innovations in the ecosystem, including efforts to combat miner extractable value.
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Cosmos Vision
- Cosmos envisions a future of application-specific blockchains.
- This contrasts with generalized VMs like Ethereum, where dApps redeploy across multiple chains.
Horizontal vs. Vertical Chains
- Generalized layer-2s are large and flat, allowing various applications to settle.
- Application-specific chains are vertical, highly optimized for one purpose.
Cosmos Roadmap
- Cosmos doesn't have a single roadmap or central dev team like Ethereum.
- Multiple teams contribute to the Cosmos codebase based on their needs.