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Cosmos (ATOM) is heavily represented in crypto media, but it’s rarely the topic. Google “Cosmos Crypto” and you will find that the “Internet of Blockchains” is mentioned most often as an investor or supporter in other blockchain projects.
Cosmos developers work closely with other teams: They develop ecosystem tools and applications for the scalable Solana payment network and work with Kava to extend DeFi functionality to other platforms, including Bitcoin (BTC). They even provided funding for Kadena to incorporate the smart contract language of the Pact into the Cosmos ecosystem.
The point of us
“We do too many things,” admits Zaki Manian, director at Tendermint Labs, the nonprofit responsible for developing Cosmos. Speaking to Crypto Briefing in Berlin last month, Manian stated that the work and contribution to a variety of research projects is basically “the point of us.”
Of the projects he can talk about (there are many that haven’t finished yet), Manian hinted at knowledge-free and SNARKs-related “things” as well as funding a new programmable privacy algorithm called ZEXE.
They also work closely with Protocol Labs and the Ethereum Foundation for Verifiable Delay Functions (VDF), work with Binance on Whole Stack, develop Rust with Oasis Labs, and support Keep and Summa’s interconnectivity initiatives.
In addition, they plan to double the size of the engineering teams for their three core projects: Tendermint Core, Cosmos SDK and Inter Blockchain Communication (IBC).
That’s a lot in the air, but Manian defended Cosmos’ approach to crypto research as part of a long-term strategy. This is “still an emerging technology space,” he noted, and these initiatives will be the first serious forays into new implementations.
“Basically we are the only live PoS system [he hastily added that Tezos (XTZ) was also live some of the time too]So we are very influential in all of these discussions, ”said Manian. By crossing borders, other projects will follow the evolution of Cosmos and want to work together.
Cooperation is a win-win situation for Cosmos, says Manian. “Basically we want to avoid the” syndrome not invented here. ” Instead of storing information, they can teach and learn the systems and methods that work best: they improve not only their own platform, but that of other networks as well.
Iceberg Tactic: Cosmos’ Strategy for Crypto Research
Some of Tendermint’s current research projects are not directly related to proof-of-stake. Again, this is all part of what Manian calls the “Iceberg Tactic”.
By injecting resources into other projects, Tendermint can determine if something might be important across the board, even if applicability is not immediately obvious.
By “helping” early on, whether by introducing researchers to investors or investing in ourselves, “we can see the entire iceberg,” Manian explained. They can start implementing the technology long before their competitors and retain their first mover advantage.
“Our goal is to move $ 40 trillion worth of assets onto the blockchain,” said Manian. “Today’s blockchain technology is not sufficient for this purpose.” If you rely on a network of colleagues, you can accelerate the development process so that they can achieve their goals as quickly as possible.
Cosmos has so far stayed away from creating digital money, but in Manian’s view “everything else is just a touch of Cosmos”. Although their scatter-shot approach to research sounds chaotic, it also provides the project with a comprehensive overview of what’s going on in the blockchain space.
“We are a petri dish for everything that has to do with proof-of-stake,” summarized Manian. Cosmos paints itself as the main platform for experimentation and hopes to turn thinking in crypto blue skies into making money with green bills.
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