RE: My 5 for 5 this 2021

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My 5 for 5 this 2021

in hive-119463 •  4 years ago 

Good info. Sounds like I should look into Cosmos, especially, if they are going to include Blurt.

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It's been on the discussion for many weeks or months if I remember correctly, which made me wonder why the delay.

I read @jacobgadikian's post where he mentioned that he wanted to collab with Hive but it seems that it didn't result in anything. He even presented in HiveFest but still, nothing happened.

Anyway, I feel that going to Cosmos will be a much better option.

The angle that I'm looking at right now is the plan to migrate it to the Cosmos Hub. If Blurt, potentially is in a different name by the time it migrated to Cosmos; will be exposed to other blockchain networks that are part of the Cosmos Hub, it will be a great opportunity to connect with other crypto projects.

This is what I'm most excited about since I'm starting to build some stakes to other chains within the Cosmos Hub; Akash Network ($AKT) and potentially Sentinel ($SENT) as well.

It's going to be an ultimate Hodl plan for the next 5 years. Unless something not so good happens ;)

A little disambiguation:

Cosmos-SDK is a framework for building blockchains that use Tendermint consensus.

The cosmos network is a network of fully sovereign blockchains that can speak IBC to one another.

IBC (inter-blockchain communication) is a protocol that allows blockchains to exchange data and value between one another securely, and without freaky pegs.

Blurt 2.0 (Dawn? Water? Bling? Blurt? feel free to suggest names :D ) will connect to the cosmos hub, which by that time will likely have DEX features similar to Uniswap's.

We think that this move will help us by:

  • Making changes to the UI and blockchain easier over time
    • Go > C++
    • Vue > React
    • Modular Design > "Have you seen database.cpp? Where does the chain stop and the application begin? (hint: there's no clear place at all)
  • Bringing us into an enthusiastic, supportive community of developers and entrepreneurs
  • Allowing Blurt 2.0 to speak IBC with other Cosmos-SDK chains, resulting in multi-chain composability
  • Allowing Blurt 2.0 to scale by adding chains instead of adding complexity.
    • City-chains
    • Language-group chains
    • Special-interest topic specific chains

Key Point

Blockchains made with the Cosmos SDK are fully sovereign. They have no dependency whatsoever on the Cosmos Hub, Gaia. Gaia could fail and chains connected to it would be completely fine.

Why Cosmos for Blurt?

There are no taxes or needless abstractions to wasm in Cosmos. Everything is written in Go, and runs natively, meaning that your blockchain can do anything that your computer is capable of instead of a subset of things.

Plus, if you really need programmability there's cosm-wasm for smart contracts.

So we're starting the fast/easy way:

Scaffolding the chain using Starport, and figuring out logic (ex: reward pool) after getting the skeleton put together.

The cosmos network is permissionless, they haven't even given themselves a choice:

It is a network of independent blockchains that can talk to one another.

See reply to @funtraveller's post below for some more detail and info.

Thanks for the info. Most of it is Greek to me; too technical. I'm always glad to see new development and new opportunities though.