Cosmos Hub’s v9 Lambda Upgrade Aims To Revolutionize Inter-Chain Security
Key Points:
- The v9 Lambda upgrade proposal for Cosmos Hub includes implementing the Replicated Security feature to enable the replication of the Hub’s security to consumer chains.
- With Replicated Security, consumer chains can benefit from Cosmos Hub’s security without needing to maintain their validation. Validators can validate multiple chains at once, receiving a portion of fees and inflation as staking rewards.
Cosmos Hub’s v9 Lambda upgrade proposal includes the Replicated Security feature, which aims to enforce inter-chain security rules for better scalability.
The Governance Forum recently voted on the v9 Lambda upgrade proposal for Cosmos Hub. This upgrade is geared towards implementing the Replicated Security feature, which will ensure the proper functioning of Interchain Security (ICS) regulations. The voting period for this proposal will conclude on March 8.
The Cosmos ecosystem’s scalability can be improved by utilizing Interchain Security (ICS), a collection of features. Replicated Security is one such ICS feature that enables the replication of security to consumer chains, ensuring their compliance with the regulations.
Consumer chains can benefit from the security without the need to maintain their validation. The cost of censoring or controlling a consumer chain with an economic attack is equivalent to that of censoring and controlling itself.
The IBC protocol is employed by Replicated Security. The consumer chain receives an IBC package with the latest validator set from the Cosmos Hub at fixed intervals, which it uses to update its own validator set. This results in duplicating the Hub’s validator set, allowing Cosmos Hub validators to validate several chains simultaneously with the same stake.
In exchange for this service, consumer chains are expected to pay a portion of their fees and inflation to Cosmos Hub validators and delegators. These tokens will be included in Cosmos Hub’s staking rewards.
At the time of writing, 16.33 Million, which accounts for 7.8% of the voting participant, has voted, and 97% of the thereof figure was voted for the proposal.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
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Cosmos Hub’s v9 Lambda Upgrade Aims To Revolutionize Inter-Chain Security
Key Points:
- The v9 Lambda upgrade proposal for Cosmos Hub includes implementing the Replicated Security feature to enable the replication of the Hub’s security to consumer chains.
- With Replicated Security, consumer chains can benefit from Cosmos Hub’s security without needing to maintain their validation. Validators can validate multiple chains at once, receiving a portion of fees and inflation as staking rewards.
Cosmos Hub’s v9 Lambda upgrade proposal includes the Replicated Security feature, which aims to enforce inter-chain security rules for better scalability.
The Governance Forum recently voted on the v9 Lambda upgrade proposal for Cosmos Hub. This upgrade is geared towards implementing the Replicated Security feature, which will ensure the proper functioning of Interchain Security (ICS) regulations. The voting period for this proposal will conclude on March 8.
The Cosmos ecosystem’s scalability can be improved by utilizing Interchain Security (ICS), a collection of features. Replicated Security is one such ICS feature that enables the replication of security to consumer chains, ensuring their compliance with the regulations.
Consumer chains can benefit from the security without the need to maintain their validation. The cost of censoring or controlling a consumer chain with an economic attack is equivalent to that of censoring and controlling itself.
The IBC protocol is employed by Replicated Security. The consumer chain receives an IBC package with the latest validator set from the Cosmos Hub at fixed intervals, which it uses to update its own validator set. This results in duplicating the Hub’s validator set, allowing Cosmos Hub validators to validate several chains simultaneously with the same stake.
In exchange for this service, consumer chains are expected to pay a portion of their fees and inflation to Cosmos Hub validators and delegators. These tokens will be included in Cosmos Hub’s staking rewards.
At the time of writing, 16.33 Million, which accounts for 7.8% of the voting participant, has voted, and 97% of the thereof figure was voted for the proposal.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
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