Cosmos Network: An Interoperable Blockchain Ecosystem
The provided podcast introduces Cosmos, a novel architecture for a network of interconnected blockchains called zones, powered by the Tendermint Core consensus engine. Cosmos aims to overcome limitations of existing blockchains by enabling interoperability through its Inter-Blockchain Communication (IBC) protocol, allowing for secure and fast token transfers between independent chains via a central Cosmos Hub. This design addresses challenges like scalability, interoperability, and governance, offering a foundation for future decentralized financial systems. The document also explains the underlying Tendermint BFT consensus algorithm, its security features, and its interface for building applications (ABCI), contrasting it with other blockchain technologies and consensus mechanisms.