Cosmos Blockchain Neutron Goes Live
On Thursday, Neutron became the first Cosmos blockchain to use replicated security.
Replicated security allows blockchains in the Cosmos ecosystem to rely on the Cosmos Hub’s validator set for security. Instead of the blockchain maintaining its own security via a network of validators, this is how it works. Blockchains in the Cosmos ecosystem can exist and achieve their goals — typically focusing on providing one type of service or application — in a cost-effective manner by relying on Cosmos Hub.
Neutron is a platform for issuing smart contracts via CosmWasm, a computational environment in the Cosmos ecosystem. Neutron intends to provide cross-chain smart contract applications for the Cosmos ecosystem by collaborating closely with the Cosmos Hub and benefiting from its high security.
The Neutron team said that replicated security will bring more value to the Cosmos Hub and enable the development of complex and diverse applications for ATOM, the native asset of the Hub.
(With inputs from Shikha Singh)
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