Neutron Becomes Prime Cosmos Chain On Replicated Security

Neutron Becomes Prime Cosmos Chain On Replicated Security

Cosmos Hub, the interchain service provider for the Cosmos ecosystem, has given its approval for Neutron, a blockchain network developed to integrate smart contracts into the Cosmos network using CosmWasm (Cosmos WebAssembly). With several audits completed, core modules implemented, and successful testnet deployments, the Cosmos Hub initiated an on-chain vote to determine if Neutron was prepared to launch on Replicated Security (RS).
RS, formerly known as inter-chain security, is a shared security model designed by the Cosmos Hub that offers enhanced security to projects launching as consumer chains on the Hub. Through revenue sharing, consumer chains can benefit from the Cosmos Hub’s validator network and bolster their security.
Last week, the proposal was passed with a 61% voter turnout rate. Over 90% of community members voted in favor, while 1% voted against and nearly 9% abstained. According to Avril Dutheil, Neutron’s general manager, passing proposal 792 establishes Neutron as t

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We współpracy z: https://cryptodaily.co.uk/2023/05/neutron-becomes-prime-cosmos-chain-on-replicated-security

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