Cøsmos Network: Testnets coming to Cosmos in H1 2022, Interchain security is around the corner, Gravity Bridge joins Cosmos IBC, The frontend for Gravity Bridge is live, Cosmos Community AMAs, Injective released Bridge V2, Band Oracle now live on Oasis Network mainnet, Terra announces the formation of the LFG, and more!
Biweekly update on the Cosmos ecosystem vol. 63, 24th January — 7th February
TL;DR
Greetings, Space Cowboys and Astronaut Girls! Welcome to our fresh issue of ‘Cosmos biweekly’! As usual we have a bunch of great news for you today!
Testnets are vital to success and Cosmos chains run them before mainnet launch to try new features, stress-test their networks & ensure stable validator setups. Check out some of the most exciting ones coming up in H1 2022 in a freshly-published article in the Cosmos blog.
Astronauts, please welcome the 32nd IBCGang family member Gravity bridge! ATOM, and any other asset in the Cosmos ecosystem, will be able to trade on Uniswap and other Ethereum AMMs, and interact with Ethereum DeFi like any ERC20 token.
The great news is, the first overview of the Interchain Security, Cosmos-specific category of Shared Security that uses IBC — the Inter-Blockchain Communication protocol, by Informal Systems is here!
As for the Cosmos ecosystem news: Datachain, with the cooperation of NTT DATA, successfully demonstrated that DVP settlement between digital currency on Ethereum and digital assets on Hyperledger Fabric using Cosmos IBC is possible. Injective released Bridge V2. Injective Bridge V2 brings superior user experience alongside vastly lower fees for all Ethereum and Cosmos users. The biggest technological update of BSC is here. Also, the latest version of Binance Smart Chain, release v1.1.8 is out. To fit the changing needs in the fast-growing Cosmos & to optimize UX, IRISnet will support the IRIS Hub <> Binance Chain cross-chain txs mainly thru IBC & TIBC, and will gradually phase out the gateway services. Akash Testnet 3 is coming. Band Oracle now live on Oasis Network mainnet. Oasis Emerald ParaTime sees rapid growth in less than 3 months. Polygon has reached a new adoption milestone with more than 7,000 decentralized applications running on the network. The upcoming Kava 10 upgrade will mark the start of a bright future for the network, with limitless potential. The team introduced the Kava Network, a lightning-fast Layer-1 blockchain featuring a unique co-chain architecture that combines the speed and interoperability of the Cosmos SDK with the flexibility and developer support of the EVM. Crypto.com and Adelaide Crows announce multi-year partnership. Next generation P2E gaming platform The Three Kingdoms enters strategic collaboration with e-Money. SVP Worldwide taps Oracle Retail solutions to give shoppers and associates a high-value shopping experience. The Terra team announced the formation of the Luna Foundation Guard (LFG) — a non-profit organization established in the Republic of Singapore dedicated to supporting the advancement of open-source technology, facilitating the growth of the Terra ecosystem, and improving the sustainability and stability of Terra’s algorithmic stablecoins. Secret Network launches Secret Py, a simple python library for building software that can interact with the Secret blockchain. Agoric CEO Dean Tribble featured on Epicenter podcast. The new issue of the Idena Chronicles is out. Persistence monthly newsletter was published. And much more!
That’s a wrap! The future is multichained and IBC is the key!
Development
Github metrics:
Testnets Coming to Cosmos in H1 2022
Cosmos is home to some of the innovative projects in the cryptocurrency space. From DeFi to social impact, privacy protocols to NFTs, the ecosystem secures more than $120 billion of digital assets. Beyond the names you may already know, like Secret Network, Terra, Cosmos Hub, or Osmosis, there’s a whole lot more to come in H1, 2022. Many up-and-coming projects are running testnets and incentivized testnets that will precede their debuts to mainnet this year.
In this article, the team takes a brief look at the role of testnets, highlights some of the most successful incentivized testnets in Cosmos history, and shares the hottest new projects to look out for over the coming months.
These are just a handful of the latest testnets and incentivized testnets coming to Cosmos in H1, 2022. Keep your eyes open for more updates from teams like Comdex, Asset Mantle, and Gitopia.
Interchain Security is Coming to Cosmos
The first overview of the Interchain Security, Cosmos-specific category of Shared Security that uses IBC — the Inter-Blockchain Communication protocol, by Informal Systems is here!
Gravity Bridge, welcome to Cosmos IBC
Please welcome the 32nd IBCGang family member Gravity bridge!
ATOM, and any other asset in the Cosmos ecosystem, will be able to trade on Uniswap and other Ethereum AMMs, and interact with Ethereum DeFi like any ERC20 token.
Datachain and NTT DATA Successfully Verified a Bridge Between Ethereum and Hyperledger Fabric using Cosmos IBC
Datachain, with the cooperation of NTT DATA, successfully demonstrated that DVP settlement between digital currency on Ethereum and digital assets on Hyperledger Fabric using Cosmos IBC is possible.
Cosmos Governance
Find the latest governance proposals here.
Awareness and Events
With Cosmos, Ethan Buchman wants to solve one of the toughest problems in crypto
Read Ethan Buchman interview on Cosmos, IBC and his vision for the future of blockchains:
Cosmos Community AMAs
- Carbon: Enabling IBC, with Ivan Poon, Co-Founder of Switcheo Labs
- Cosmos Community AMA with Sarah-Diane Eck, Founder of Lum Network
- Cosmos Community AMA: A Look Into Archway with Mike Cullinan
Finance
Information from Mintscan.io:
Cosmos Markets
Information from Coinmarketcap.com:
Information from Coinlib.io:
Top Cosmos Ecosystem Coins by Market Capitalization:
Ecosystem updates
Akash Network:
- Monthly Update: January
- Architecture Series Part III: Innovating Kubernetes
- Akash Testnet 3 is coming:
Althea Network:
- If you participated in the 2019 Republic airdrop, the deadline to claim is just around the corner on February 15th.
Agoric:
- Validator Delegation Program: The Agoric network is a Proof-of-Stake chain using the Cosmos-SDK and the Tendermint consensus algorithm. Agoric relies on a community of validators to operate the network and staking in order to secure consensus. Validators commit new blocks, maintain reasonable uptime, and participate in governance. Delegating tokens to the validator community is essential to ensure that BLD, Agoric’s native staking token, is well-distributed among high-quality validators in order to support a diverse, secure, decentralized network. To accomplish this, the Agoric Operating Company (OpCo) has created the Validator Delegation Program to select a cohort of validators using selection criteria, program requirements, and a questionnaire.
Binance (BSC):
- Binance Smart Chain Release v1.1.8: The latest version of Binance Smart Chain, release v1.1.8 is out. The validators and full node operators are encouraged to upgrade their software to version v1.1.8 to improve their performance.
- Introducing BSC NFT Metadata Standards: The BSC developer community collaborated with a few marketplaces including Binance NFT, Galler, Bazaar, and NFTrade to set the unified NFT Metadata Standards for the BSC ecosystem.
- BSC 2022: Build N’ Build: The biggest technological update of BSC is here! BSC 2022 will introduce new functionality with side chains and partition chains to improve the scalability and performance of the network.
- Find the latest BSC news here.
Injective
- Injective Bridge V2 Release: Cross-Chain Interoperability Across Cosmos and Ethereum: Injective Bridge V2 brings superior user experience alongside vastly lower fees for all Ethereum and Cosmos users.
- Institutional Staking: Copper Integrates INJ: Institutional crypto custody provider Copper has integrated the Injective mainnet this month, unlocking a diverse array of new opportunities for INJ staking.
IRIS Network:
- Notice | The IRIS Hub <> Binance Chain Gateway Cross-chain Services Will Be Gradually Phased Out from March 1st, 2022: IRISnet will be celebrating its third anniversary soon on March 1st, 2022. In the past three years, IRISnet has been upholding its initial vision to build a faithful bridge between blockchains and traditional businesses, and has contributed many innovative technologies to the open-source technology community, as well as products and services to the Cosmos ecosystem. In addition, as a long-term technical contributor to Cosmos, IRISnet has participated in and witnessed the explosive growth of the Cosmos cross-chain ecosystem, and the increasingly expanded adoptions of IBC and TIBC protocol. As part of the iteration plan, and also in order to improve the user experience, IRISnet will support cross-chain services between homogeneous and heterogeneous chains through IBC/TIBC protocol, instead of gateways, in the future. Correspondingly, the IRIS Hub <> Binance Chain gateway-based cross-chain services will be gradually phased out from March 1st, 2022. During this period, functions based on IRIS Hub gateway services in Rainbow and other wallets will also go offline. Please pay attention to notifications in these apps, and make sure to take any necessary actions in time to avoid unnecessary loss or trouble.
- Find the latest IRISNet proposals here.
Kava:
- Kava 10 = Kava Network 1.0: The upcoming Kava 10 upgrade will mark the start of a bright future for the network, with limitless potential. The team introduced the Kava Network, a lightning-fast Layer-1 blockchain featuring a unique co-chain architecture that combines the speed and interoperability of the Cosmos SDK with the flexibility and developer support of the Ethereum Virtual Machine (EVM).
- Introducing Surge: AKT Edition
- Announcing Winners of the #LoanWars Competition
- Announcing Winners of the #SwapSzn Competition
Oracle:
- Maker of SINGER, HUSQVARNA VIKING, and PFAFF Sewing Machines Personalizes In-Store Shopping with Oracle: SVP Worldwide taps Oracle Retail solutions to give shoppers and associates a high-value shopping experience.
- Black History Month: An Opportunity to Look Forward
- More Than 1,000 Global Organizations Migrate to Oracle Cloud Infrastructure Using Oracle Cloud Lift Services: Companies and partners throughout the world are using the Cloud Lift Services and seeing tremendous value.
- Prodesp Selects Oracle Exadata Cloud@Customer to Improve Quality of Services for 44 Million Citizens of the State of São Paulo
- Mayo Clinic Selects Oracle Fusion Cloud Applications to Power Business Processes: Global healthcare leader to leverage Oracle Cloud Applications and Analytics to execute on a bold vision for growth and excellence.
- Bally Takes a Step Forward in Customer Service with Oracle Retail: Iconic Swiss luxury fashion house giving stores a retail point-of-sale makeover to give customers a more personal omnichannel shopping experience.
- Syntax Taps Oracle Cloud Infrastructure as Strategic Platform for Multicloud Managed Services: Oracle’s next-generation cloud infrastructure will deliver superior price-performance, availability, and built-in security to Oracle and Syntax customers.
Polygon (previously Matic)
- Polygon Developer Ecosystem Hits New Milestone With Over 7,000 DApps: Polygon has reached a new adoption milestone with more than 7,000 decentralized applications (dApps) running on the network as of December, more than double the number just three months prior, data from Alchemy, the world’s leading Web3 developer platform, show.
- Polygon, Alan Howard and Cope Studio Partner on a Moonshot Factory for Web3: Polygon is joining hands with Brevan Howard co-founder Alan Howard and Cope.Studio to create a moonshot factory for taking Web3 projects from an idea to product launch.
- Teams Building on Polygon Set New Record, Moralis Data Show: Projects using Moralis Web3 development platform are flocking to Polygon in record numbers, as developers vote with their keyboards for Ethereum’s leading scaling solution.
- DeFi For All Enters Final Phase With $15 Million for Polygon Native DApps: The core development team is launching a $15 million campaign spread out over the next 6 months for decentralized applications (dApps) building solely on Polygon.
- Unstoppable Domains Users Save $100 Million in Fees on Polygon
- Check out the latest Polygon integrations here.
Regen Network:
- Congratulations to Regen Community Funding Program Awardees: Learn about the 40 incredible projects Regen looks forward to co-creating solutions with as a part of the 2022 Community Funding Program cohort.
Secret Network:
- Secret Feature: Secret Py: Secret Network launches Secret Py, a simple python library for building software that can interact with the Secret blockchain.
- Secret Griptape Hackathon: Throughout the month of February, Griptape will be hosting a first of its kind hackathon on Secret Network.
- Secret Feature: Secret Oracles: Secret Oracles on Secret Network empower decentralized, trustless sources of private randomness that can be used by other contracts for use cases such as gaming, NFTs, and more.
Terra:
- Formation of the Luna Foundation Guard (LFG): The Terra team announced the formation of the Luna Foundation Guard (LFG) — a non-profit organization established in the Republic of Singapore dedicated to supporting the advancement of open-source technology, facilitating the growth of the Terra ecosystem, and improving the sustainability and stability of Terra’s algorithmic stablecoins.
- Project Spotlight — PRISM Protocol
Projects that are actively building on the Cosmos ecosystem
MISC
Social media metrics
The Cosmos community continues to grow! There is a stable increase in the number of subscribers of Cosmos social media channels these weeks.
Join Cosmos official Discord channel here.
Check out Tendermint and Interchain Foundation Twitter pages.
There are also Community-managed Channels. These channels are managed entirely by members of the Cosmos community and do not represent official Cosmos or ICF announcements.
Cosmos Validator Working Group
This is not financial advice.
Subscribe to detailed companies’ updates by Paradigm!
Medium. Twitter. Telegram. Telegram Chat. Reddit. LinkedIn.
Main sources
Tendermint media
Interchain Foundation media
Ecosystem projects’ social media
