The score reflects the overall worthiness of the blockchain's ecosystem, as determined by regular monitoring and collective reviewing of the ecosystem.
Protocol support score decreased due to few community service availabilities
Protocol Support score has increased as Email,chat and ticketing system has added
Documentation score increased as skeleton node, node validator is available
ADD-ONS score must be increased as Dao is added
The score depicts the network's performance rating based on metrics like avg TPS, nodes, gas fees, and uptime.
|PERFORMANCE MATRIX||VALUE||MONITORED AT|
|Read Speed||2,501 ms|
|Gas Fee||265,328 gwei|
|Write Speed||1 ms|
|Node Count||393 nodes|
|Reddit Total Members Online||1,300 members|
|Reddit Total Members||73,000 members|
|Discord Total Subscribers Online||2,978 subscribers|
|Discord Total Subscribers||22,250 subscribers|
|Telegram Err||3 err|
|Telegram Ppm||1 ppm|
|Telegram Views Per Post||161 views|
|Telegram Total Subscribers Online||2 subscribers|
|Telegram Total Subscribers||1,896 subscribers|
The score represents the development support the protocol offers to developers in terms of tools and resources.
he score is derived by considering the documentation support offered by the protocol to help developers better understand the protocol's ecosystem.
The score reflects the protocol's progressiveness in allocating funds to support the developers who are building on top of the blockchain.
The score reflects how equipped is the protocol's ecosystem with add-on tools like code editors, IDEs and security
THIRD PARTY SERVICES
THIRD PARTY SERVICES
The score reflects the protocol's ability to provide third-party services such as Oracle integration, API management, and cloud services.
THIRD PARTY SERVICES
It reflects how well the protocol's support system works in terms of communication tools, DAO rating, development community size, and stack exchange, among other things.
It indicates how widely the protocol has been adopted in the industry, taking into account aspects such as the
number of developers that are using it and the number of transactional values.
The score depicts the protocol's overall responsiveness toward its members in online communities like Discord,
Telegram, Slack, Linkedin, etc.
While network scalability is a fundamental focus in the blockchain space, interoperability is another aspect of importance. Blockchain protocols with different consensus mechanisms must have the convenience to interact with each other. Otherwise, they are likely to stay in siloes and the entire efficiency of the distributed networks will be affected. Tefore, it is needed that the blockchain networks are transformed into interoperable chains.
Many blockchains have already worked on this like Polkadot, to initiate cross-chain communication and exchanges. Another popular network known for its interoperability and cross-chain interaction is Cosmos. It is known as the ‘Internet of Blockchains’ with an ever-expanding ecosystem of interconnected applications and services.
Cosmos is a decentralized network of various independent blockchains that are interoperable and scalable in nature, building an evolved foundation for an upgraded token economy. It addresses the issues of scalability, cross-chain communication and usability. The Cosmos SDK is a seamless and modular framework for blockchain developers and users.
Cosmos functions with the notion that there should be interoperability between various heterogeneous groups of self-sovereign blockchain protocols, that may have been functioning on distinctive consensus mechanisms and state management. This network also works on the basis of both the horizontal and the vertical scaling to power the enterprise-level dApps.
Cosmos architecture is divided into three simple layers,
- Applications regulate the transactions and update the entire state of the network.
- This layer facilitates exchange and communication between all the zones and the hub of blockchains.
- Consensus Mechanism
- Cosmos mechanism is based on the Proof-of-Stake consensus algorithm which helps the chain to execute and authenticate all the transactions securely.
All the three layers of Cosmos architecture are interconnected to regulate the web of chains that are hosted on the Cosmos network for cross-chain communication and exchange. Because all the layers are interconnected, they will therefore function in tandem. Cosmos also uses some open-source tools like the Inter-Blockchain Communication (IBC) Protocol, Tendermint Byzantine Fault Tolerance Engine (BFT) Engine and Cosmos Software Development Kit (SDK) to connect all the zones of blockchains to the Cosmos Hub.
Cosmos' consensus algorithm
Cosmos network is based on the Tendermint Byzantine Fault Tolerance (BFT) Engine and Proof-of-Stake consensus mechanism. Tendermint (BFT) Engine is a consensus algorithm that powers the developers on Cosmos to build and add new zones to the Cosmos network without inserting any codes from scratch. It also monitors the security of the chain and adds new blocks to the blockchain. Tendermint Core is the PoS consensus algorithm that governs all the massive network of transaction nodes or validators on the Cosmos network.
Key features of Cosmos
- Developer-friendly blockchain
- Scales horizontally as well as vertically
- Shared security and high scalability
- Shared utility tokens
- Interoperable ecosystem
- Modular architecture with Cosmos SDKs
Founders of Cosmos
- Jae Kwon
- Ethan Buchman
Popular use cases of Cosmos
- Rainbow Wallet
- Atomic Wallet
- Anthem Hub Explorer
- ATOMScan Hub Explorer