Key Points:
CCMC Global led the investment, and Nascent, Maven11, and individual investors from Celestia and EigenLayer participated in the investment.
This round of financing aims to support the work of the core development team of the Cosmos ecosystem and will be used to promote the development of the company’s security audit department, Informal Security.
After the successful introduction of Replicated Security, the Informal Systems and Cosmos teams have been working on a Living Roadmap. This roadmap contains work from Informal’s Cosmos Hub team in the deployment, implementation, or later design stages.
Informal Systems is an employee-owned company that develops a wide range of open-source software with a focus on the Cosmos Ecosystem. Informal is a key contributor to Cosmos, where we use formal verification tools and approaches to build interoperable blockchain systems.
Tendermint Core, the Cosmos-SDK, IBC, and the Cosmos Proof of Stake modules comprise the Cosmos technology stack, which is an industry-leading Go toolkit for creating, deploying, and operating blockchains. Now, this technique is being utilized to safeguard billions of dollars in crypto market value.
Informal Systems has been instrumental in building technology that supports blockchains in the Cosmos ecosystem, notably the Cosmos Hub. It contributed to the development of Interchain Security, a method enabling blockchains to rely on the Cosmos Hub for security rather than operating their own sets of validators.
The company also has a project called Collaborative Finance that aims to combine Cosmos technology with financial products to deliver company liquidity platforms. It intends to elaborate on its objectives in a future whitepaper.
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
Harold
Coincu News
Here are the latest predictions for Dogecoin, Shiba Inu, and ETFswap.
Discover BlockDAG's 100% bonus and $110M presale surge that’s sparking interest among crypto enthusiasts. Also,…
Discover why crypto investors are moving to ETFSwap (ETFS) as $500 million liquidity injection is…
Learn about BlockDAG's $110M presale achievement and the whopping 100% bonus offer, alongside Ethereum's growth…
Thai police corruption exposed as officers extort millions in USDT from a Chinese man under…
SafePal Telegram Wallet allows 950 million users to create compliant crypto-friendly Swiss bank accounts, integrating…
This website uses cookies.