Cosmos Hub Introduces Replicated Security to Safeguard Cosmos Ecosystem

Cosmos Hub Introduces Replicated Security to Safeguard Cosmos Ecosystem

Cosmos Hub has completed the Lambda upgrade at block height 14470501. The upgrade introduces the first iteration of Replicated Security, which aims to provide security to other Cosmos-based blockchains as well as to bring additional rewards to the $ATOM stakers.

Initially named Interchain Security, the Replicated Security mechanism allows other Cosmos-based blockchains, which are called consumer chains, to benefit from the Cosmos Hub's security without having to maintain their own validator sets.

Cosmos Hub's validators will validate the consumer chains. In return, the consumer chains will send a portion of their fees and inflation to the Cosmos Hub validators and delegators. These tokens will then be included as part of the $ATOM staking rewards.

 

TokenInsight is dedicated to covering the most important and cutting-edge trends in the world of crypto. If you have information to share with us, please feel free to contact our email news@tokeninsight.com. Your trust will be well respected.

Source

Cosmos

In This Article

Related News
Sei community weighs proposal to deprecate native Cosmos accounts, move to EVM-only model Sei community weighs proposal to deprecate native Cosmos accounts, move to EVM-only model
Nomic to Partner with Babylon to Launch Liquid Staking Token for Bitcoin Nomic to Partner with Babylon to Launch Liquid Staking Token for Bitcoin
Injective Launched inEVM Layer 2 Rollup Achieving Composability Across Cosmos and Solana Injective Launched inEVM Layer 2 Rollup Achieving Composability Across Cosmos and Solana
All in Bits to Launch GovGen Chain ahead of Cosmos Hub AtomOne Fork All in Bits to Launch GovGen Chain ahead of Cosmos Hub AtomOne Fork
Injective Introduced CW-404 Standard, Replica of the Experienmental ERC-404 Standard Injective Introduced CW-404 Standard, Replica of the Experienmental ERC-404 Standard
Latest News More More
2 Days Ago Tether plans further Bitcoin mining expansion in South America with Adecoagro tie up
3 Days Ago North Korean hackers use fake Zoom updates to deliver ‘NimDoor’ macOS malware targeting crypto firms
3 Days Ago JPMorgan's blockchain unit tests new carbon credit tokenization application with S&P Global
6 Days Ago Ethereum community plans onchain ‘time capsule’ to mark 10th anniversary of network’s genesis block
June 25 Circle's post-IPO stock surge pushes market cap near Coinbase and USDC
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open