Ethereum

Bitcoin Atom

Cosmos

Cross Chain Capital

<p>Interchain Security: a Cosmos-specific category of shared security built using IBC, also known as Shared Security, Cross Chain Validation, Cross Chain Collateralization, and Shared Staking. Interchain Security (IBC) is essential to Cosmos Hub&#39;s success:</p><ul><li>It enables hub minimalism</li><li>Lowers the barrier to launching secure, decentralized public blockchains</li></ul><p>The market cap of the staking token, which may take some time to gain value, relates directly to the security of the Cosmos chain. As a result, the project encounters several security risks, which is why Interchain Security is essential.</p><h2 id="header-0">Secure your chain with Interchain Security</h2><p>Launch an EVM, CosmWasm, or Cosmos-SDK application and benefit from the validator set of the Cosmos Hub and Atom&#39;s entire market cap.</p><p>Interchain Protection draws security from the Hub, so it&#39;s often referred to as a &#34;consumer chain.&#34; On platforms like Ethereum, setting up one is simple - just install a smart contract. With Cosmos-SDK, you can customize your consumer chain even further.</p><h2 id="header-1">Consumer Chains</h2><p>Consumer chains come in two flavors: contract and custom. Interchain Security and similar consumer chains don&#39;t compete with other apps in terms of transactions. No unexpected congestion, plus better performance than Ethereum&#39;s shared smart contracts - it&#39;s a win-win!</p><p>Consumer chains keep more of the fees collected from users compared to smart contract platforms. Fees can be used in the protocol or allocated towards a project&#39;s community DAO - it all depends on how it&#39;s set up!</p><p>Consumer chains don&#39;t have their own validator sets. The network will vote on which chain the Cosmos Hub validators adopt, driving engagement and showing true commitment to long-term success.</p><h2 id="header-2">Introducing Interchain Security v2: Layered Security</h2><p>Interchain Security requires 3 operations to be present in Cross-Chain Validation: Validator Set Updates, Reward Distribution, and Evidence. Combine local consumer chain staking tokens and the Cosmos Hub ATOM provider to determine your validator set for ultimate security!</p><h2 id="header-3">Future of Cosmos consensus</h2><p>Interchain Security promises amazing features, like synchronous cross-chain communication. Our unofficial team just published a paper on this - check it out!</p><h2 id="header-4">Development and further resources</h2><p>We&#39;re currently focused on Cross Chain Validation—the IBC app-level logic needed for Interchain Security. Our model-based testing is helping shape the spec to make it happen!</p><p>Stay up to date on Interchain Security and Cosmos! Follow all of the latest news via the <a href="https://twitter.com/cosmos" rel="noopener noreferrer nofollow">Cosmos</a> Twitter feed, or check out our blog for more info.</p><h2 id="header-5">Conclusion</h2><p>Interchain Security is a game-changing security primitive with huge implications for the future of single blockchains and public blockchain applications. It drastically lowers the barrier to running secure networks - opening up exciting new possibilities!</p><p></p><p></p><p>-----</p><p></p><p></p><p><em>Subscribe to receive our daily brief, extended weekly newsletter, and in-house research content!</em></p><p><em><a href="https://www.m6labs.co/s/m6-labs-research-?utm_source&#61;substack&amp;utm_medium&#61;menu" rel="noopener noreferrer nofollow">Subscribe</a></em></p><p><em>Please Share, Leave Feedback, and Follow Us on <a href="https://twitter.com/M6Labs" rel="noopener noreferrer nofollow">Twitter</a>, <a href="https://t.me/illuminatiDaily" rel="noopener noreferrer nofollow">Telegram</a>, and <a href="https://www.linkedin.com/company/m6-labs" rel="noopener noreferrer nofollow">LinkedIn</a> to stay connected with us.</em></p>

The Crypto Illuminati: Looking At Interchain Security

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