While this approach provided maximum flexibility, it was time-consuming, resource-intensive, error-prone and ultimately uneconomical for many projects.<\/span><\/p>\n On the other hand, developers could build on existing platforms such as Ethereum. While this approach reduced development time and complexity, it had its limitations. Projects built on these platforms were constrained by the blockchain architecture, which could stifle innovation and limit the development potential of decentralised applications.<\/span><\/p>\n To address this dilemma, the Cosmos project was created, including the Cosmos SDK framework<\/strong>, which simplifies the process of building custom modular blockchains while providing flexibility and adaptability to the specific needs of decentralised applications.<\/span><\/p>\n The story of the project begins in 2014, when Jae Kwon creates the idea and concept of ‘Cosmos’, which would later be called \u201cThe Internet of Blockchains\u201d. A year later, Kwon was joined by Ethan Buchman, and together they founded the non-profit organisation Interchain Foundation and created a development roadmap and technical documentation for the project on GitHub, including the Cosmos SDK ecosystem software development kit.\u00a0<\/span><\/p>\n In 2017,<\/strong> the project team launches several public and private funding rounds and begins active testing of the Tendermint consensus.<\/span><\/p>\n In March 2019,<\/strong> after several tests on mainnet, the ecosystem’s first public blockchain is launched with the eponymous name Cosmos Hub and the native token $ATOM.<\/span><\/p>\n Cosmos<\/strong> is a decentralized, scalable, interoperable ecosystem of interconnected independent blockchains, also known as the blockchain internet.<\/span><\/p>\n The Cosmos ecosystem has three key components:\u00a0<\/span><\/p>\n ComeBFT has recently replaced the original Tendermint consensus originally used in Cosmos;<\/span><\/p>\n The main function of IBC is to transfer not only tokens, but also any data. This makes it possible to create not only decentralised exchanges and automated market makers, but also any decentralised applications in marketing, logistics, etc.<\/span><\/p>\n You can read more about all elements of the Cosmos SDK in the official documentation.<\/a><\/span><\/p>\n Source<\/a><\/p>\n The main goal of the Cosmos SDK is to enable developers to easily build their own blockchains from scratch, while ensuring interoperability with other blockchains.\u00a0<\/span><\/p>\n <\/p>\n Cosmos SDK is a unique solution due to its key technical features:<\/span><\/p>\n Not surprisingly, Cosmos SDK has been used to create a huge number of projects of all kinds.\u00a0<\/span><\/p>\n Source<\/a><\/span><\/p>\n The Cosmos ecosystem currently includes 90 major projects, including such giants as<\/span><\/p>\n In addition to the core projects of the Cosmos ecosystem, more than 500 different projects have been created using the Cosmos SDK.<\/span><\/p>\n Cosmos SDK is a truly revolutionary solution that allows you to create blockchain systems and dApps without being distracted by the technical aspects, instead focusing directly on creating the application logic.<\/span><\/p>\n If you want to create your own blockchain or dApp, this particular framework may be one of the best solutions to achieve your goal.<\/span><\/em><\/p>\n READ MORE:<\/strong><\/p>\n A closer look at the powerful and modular Cosmos SDK, designed to simplify blockchain development and drive interoperability.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_mo_disable_npp":"","yasr_overall_rating":0,"yasr_post_is_review":"","yasr_auto_insert_disabled":"","yasr_review_type":"","footnotes":""},"categories":[1],"tags":[31],"class_list":["post-1387","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-blockchain"],"acf":{"image":1389},"yasr_visitor_votes":{"number_of_votes":0,"sum_votes":0,"stars_attributes":{"read_only":false,"span_bottom":false}},"_links":{"self":[{"href":"https:\/\/oqtacore.com\/blog\/wp-json\/wp\/v2\/posts\/1387","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/oqtacore.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/oqtacore.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/oqtacore.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/oqtacore.com\/blog\/wp-json\/wp\/v2\/comments?post=1387"}],"version-history":[{"count":6,"href":"https:\/\/oqtacore.com\/blog\/wp-json\/wp\/v2\/posts\/1387\/revisions"}],"predecessor-version":[{"id":1470,"href":"https:\/\/oqtacore.com\/blog\/wp-json\/wp\/v2\/posts\/1387\/revisions\/1470"}],"wp:attachment":[{"href":"https:\/\/oqtacore.com\/blog\/wp-json\/wp\/v2\/media?parent=1387"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/oqtacore.com\/blog\/wp-json\/wp\/v2\/categories?post=1387"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/oqtacore.com\/blog\/wp-json\/wp\/v2\/tags?post=1387"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}<\/span>The Cosmos Creation Story\u00a0<\/span><\/span><\/h2>\n
![\"\"](\"https:\/\/oqtacore.com\/blog\/wp-content\/uploads\/2024\/11\/12324.jpg\")
<\/p>\n<\/span>Cosmos ecosystem<\/span><\/span><\/h2>\n
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![\"\"](\"https:\/\/oqtacore.com\/blog\/wp-content\/uploads\/2024\/11\/1111-5.jpg\")
<\/span><\/p>\n<\/span>Key features of Cosmos SDK<\/span><\/span><\/h2>\n
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<\/span>Projects created with Cosmos SDK<\/span><\/span><\/h2>\n
![\"\"](\"https:\/\/oqtacore.com\/blog\/wp-content\/uploads\/2024\/11\/11111-2.jpg\")
<\/p>\n\n
<\/span>Conclusion<\/span><\/span><\/h2>\n
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