Tendermint/Cosmos: Many Chains, Many Tokens, One Ecosystem

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7 likes•1,683 views

Sunny Aggarwal

Talk on how Tendermint and Cosmos together create the Internet of Blockchains.

Technology

Many Chains
Many Tokens
One Ecosystem
Sunny Aggarwal

Who am I?
Sunny Aggarwal
Researcher with Tendermint
Particular interests in Proof of Stake
and Blockchain Interoperability
Co-founder of Blockchain at Berkeley
Previously worked at ConsenSys
Teach a class at Berkeley on
Switzerland

Simplified Architecture
Networking
Consensus
Application

Ethereum
Networking
Consensus
Application (EVM)
dApp dAppdApp

Tendermint Core
Networking
Consensus
ABCI
Application

Tendermint Consensus
Consistent Proof of Stake BFT Consensus Algorithm
Can be used for both Public & Private Chains
Instant Finality
Highly Scalable
Guarantees safety in asynchronous & liveness in weakly
synchronous environments
Basis for other Proof of Stake systems like Casper

Tendermint ABCI
Networking
Consensus
ABCI
Application

Tendermint ABCI
Networking
Consensus
ABCI
EVM
Ethermint
dApp dAppdApp

Tendermint ABCI
Networking
Consensus
ABCI
Plugins
Cosmos SDK
Plugins Plugins
Cosmos SDK

Cosmos Ecosystem
Cosmos Ecosystem
A
A
Cosmos Hub
Tendermint
Core
Tendermint
Core
Tendermint
Core
Tendermint
Core
EthermintChainMint
Private Chain
OmiseGO
Tendermint
Core
IBC
IBC IBC
IBC

Cosmos Ecosystem
Cosmos Ecosystem
Ethereum
A
A
Cosmos Hub
Tendermint
Core
TenTendermint
Core
Tendermint
Core
EtPeg Zone
Private Chain
O
Ten
IBC
IBC IBC
IBC
ETGate

An Internet of Blockchains
Scalability
Sovereignty
PrivacyDiversity
Security

Scalability
Vertical vs Horizontal
Scalability
Vertical scalability through
Proof of Stake, state channels,
recursive snarks, etc
Horizontal Scalability is
achieved through many chains

Scalability
Vertical Scalability
Tendermint Core can get over
1000s of tx/second with over
100 validators on 5 different
continents
Research on how to make this
even faster

Scalability
Horizontal Scalability
Application-based sharding
is logical as it minimizes
bottleneck
You only have to be a full
node for the applications
you care about

Diversity
Many applications
can be built with
Tendermint ABCI and
Cosmos SDK with
support for IBC

Diversity
Implementations in Go,
Rust, Python, C++,
Javascript, Java,
Ocaml, and Erlang
Connect existing
platforms like
Ethereum and Chain to
ABCI

Diversity
Connect existing
chains through
pegged bridge zones

Application-Specific Chains
Turing-Complete VMs are great
for prototyping and some use
cases
Most production DApps doesn’t
need to be on a Turing complete
chain
Flexibility can be achieved
through governance

Application-Specific Chains
Reduces attack surface
Efficiency gains due less
computational overhead
Fine tune to optimize for
your application

Interoperability
Just because chains are
separate, doesn’t mean
they can’t talk to each
other
Use IBC, a 2-way on-chain
light client protocol

Interoperability
Applications/Smart Contracts
on different chains can
interact with each other
Cosmos Hub allows for deep
integration of token economies
Token transfers, not just
basic token swaps

Sovereignty
Ethereum and
Ethereum Classic
cannot have the same
validator set
Private Chains can
interoperate with
Public Chains

Sovereignty
Can use community
power to achieve
greater security than
pure economic
incentives alone
Governance controlled
by community

Pooled Security
Optional pooled
security through
delegated consensus ->
good way to bootstrap
small public chains

One Ecosystem
Features of different existing
chains can be interoperated

Movement of
Value
Smart
Contracts
Bitcoin Transfer with Ethereum Smart Contracts

One Ecosystem
Specific tokens do not have to be limited to a specific
chain, but rather can be used across chains

One Ecosystem
Smart contracts on one chain can call contracts on another

One Ecosystem
Private chains can now interoperate with public chains

One Ecosystem
Decentralized exchanges can be done with
tokens across many different chains

Thanks!
Any Questions?
@sunnya97 | sunny@tendermint.com | sunnya97@protonmail.ch | sunnya97.com

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💥 Speed, accuracy, and scaling – discover the superpowers of GenAI in action with UiPath Document Understanding and Communications Mining™: See how to accelerate model training and optimize model performance with active learning Learn about the latest enhancements to out-of-the-box document processing – with little to no training required Get an exclusive demo of the new family of UiPath LLMs – GenAI models specialized for processing different types of documents and messages This is a hands-on session specifically designed for automation developers and AI enthusiasts seeking to enhance their knowledge in leveraging the latest intelligent document processing capabilities offered by UiPath. Speakers: 👨‍🏫 Andras Palfi, Senior Product Manager, UiPath 👩‍🏫 Lenka Dulovicova, Product Program Manager, UiPath

Dev Dives: Train smarter, not harder – active learning and UiPath LLMs for do...

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As AI technology is pushing into IT I was wondering myself, as an “infrastructure container kubernetes guy”, how get this fancy AI technology get managed from an infrastructure operational view? Is it possible to apply our lovely cloud native principals as well? What benefit’s both technologies could bring to each other? Let me take this questions and provide you a short journey through existing deployment models and use cases for AI software. On practical examples, we discuss what cloud/on-premise strategy we may need for applying it to our own infrastructure to get it to work from an enterprise perspective. I want to give an overview about infrastructure requirements and technologies, what could be beneficial or limiting your AI use cases in an enterprise environment. An interactive Demo will give you some insides, what approaches I got already working for real.

Kubernetes & AI - Beauty and the Beast !?! @KCD Istanbul 2024

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