Cosmos SDK projects you should learn from

Cosmos is a decentralized network comprised of multiple parallel blockchains. The leading blockchain is Cosmos Hub, which serves as the network’s hub, recording all activity on it. Cosmos also includes several other blockchains known as “Zones,” all of which are linked to the central blockchain Hub.

Cosmos is a massively ambitious project that aims to be the blockchain that connects all other blockchains through its interoperability platform. As a result, many blockchains and projects were built on Cosmos. This article will take a close look at some Cosmos SDK projects you should learn from.

1. Osmosis

One of the blockchains, or so-called “zones,” connected to the Cosmos Hub is Osmosis. It uses a protected Proof of Stake architecture and provides many of the same expert staking services that safeguard the Cosmos chain. The name of its native cryptocurrency is OSMO.

Owners of OSMO tokens may assign them to these expert stakers to protect the network from potentially harmful and malicious activity. Osmosis is a peer-to-peer decentralized blockchain that enables tokens with inter-blockchain communication (IBC) to be traded. Cryptocurrency owners can use it to generate liquidity.

2. Akash Network

Akash Network is another project that runs on Cosmos blockchains. Akash’s primary goal is to assist Web3 developers in deploying various decentralized applications (dApps) with minimal configurations, setup, and server management.

The project, dubbed “Airbnb for Cloud Compute,” provides the first decentralized open-source cloud, providing permissionless cloud computing resources for developers to build dApps.

When discussing Akash Network, it is also important to note that it offers some of the most competitive pricing for dApp deployment solutions. Compared to other centralized options, such as Amazon web service, we discovered that the prices are roughly one-third of these.

3. Sentinel – DVPN

Sentinel protocol is yet another Cosmos project where programmers can create and set up dApps. Sentinel Network users can sell their unused bandwidth on the network’s marketplace.

Just a quick list of Sentinel’s primary goals:

• Scalability – Sentinel, can establish more zones because it is a part of Cosmos, which enables the project to build more dVPN applications at lower costs.
• Interoperability – Sentinel can now accept payments from various coins and stablecoins, expanding its potential target market.
• Governance – Decentralized validators control the sentinel’s governance network, allowing it to carry out effective chain upgrade procedures easily.

4. Persistence XPRT

An ecosystem of crypto-native Defi and NFT-focused assets is called Persistence XPRT. The project is hugely well-structured technically and offers the infrastructure needed to connect Defi and traditional finance in several areas effectively.

By outlining its procedure, let’s make Persistence simple to understand:

• Tokenization (via NFTs) of physical assets such as invoices
• Tokenized assets (now NFTs) are traded against stablecoins.
• Borrowing stablecoins using these NFTs (loans)
• Loans grouped to generate a fixed income

Persistence’s main objective is to ensure that new capital flows into the cryptocurrency sector.

5. Regen Network

Regen is a proof-of-stake (POS) blockchain built on the Cosmos ecosystem. It is used to verify claims, agreements, and data about the state of the environment.

Regen Ledger allows multiple users to interact and transact with one another, resulting in a public ecological accounting system. It is a global marketplace and platform primarily used for the Earth’s ecosystem’s assets, services, and data.

In other words, Regen develops a high-quality system for monitoring, reporting, and verifying the global state of the environment.

Conclusion

The fact that cosmos SDK projects are a unique system will make you believe it is the real deal. Cosmos is attempting (as are many other blockchains) to outperform the Ethereum network but appears to be the only one doing so innovatively – as a decentralized network of multiple parallel blockchains. In case you need help with blockchain development services, contact SmartOSC.