Cosmos Ecosystem : A permissionless B2B2C network
Below is a text transcript summarizing our report, which outlines our comprehensive vision for the long-term development of Cosmos and the Hub. To streamline the content, we have intentionally omitted the section explaining the Cosmos tech stack & validators role, under the assumption that members in this forum are already familiar with the fundamental components such as IBC, ICS, relaying, etc. For those interested in the complete document, you can access and download the PDF version here . PREFACE: The first decade of cryptocurrency development has primarily focused on establishing reliable infrastructure. However, in recent years, the emphasis has shifted towards bringing real-world use cases to these technologies, aiming to drive widespread adoption. Distributed Ledger Technologies (DLT) inherently offer transparency, leading to their initial applications in public and open-source domains. However, there are indications that this dynamic is evolving, with the lines between public and private sectors beginning to blur. This report delves into this particular topic: the convergence of public technology with more private Business-to-Business (B2B) and Business-to-Customer…
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Excellent, appreciated work.
This is great. I’m always impressed every time I read anything you guys write.
Appreciations to @tknox35 and @Gnoman for sharing your insights. I’m curious to know which specific section of the report resonated with you the most. We were hopeful to receive additional feedback concerning the considerable effort invested in compiling this document. Regrettably, it seems that the significance of having a long-term vision is being undervalued by the hub governance, and the overall lack of interest to this post appears to validate our initial assumption. Hopefully this will change in the near future !
Appreciate the effort here.
Finding it difficult to understand what’s the concrete takeaway. Where do you expect this forum post to lead to? Also, a note on the language and substance: It feels like an chatgpt-generated content. Doesn’t mean it’s not valuable, but like I said, I find it difficult to see what it informs exactly.
The key difference lies in the purpose behind using GPT for rephrasing – it’s all about improving clarity and flow rather than creating entirely new texts based on prompts. In terms of content, our analysis takes a deep dive into how Cosmos fits into the current market landscape, with a primary focus on enabling private business interoperability, as opposed to the more common emphasis on public “app chains.” This viewpoint stands in clear contrast to the widely accepted narrative about Cosmos. We argue for a complex network of chains that resemble shared and interoperable databases, rather than standalone applications. We also lean towards characterizing these networks as predominantly private or semi-private. Next up, we shed light on the potential framework for the public infrastructure. Leveraging our “ancient city” model, we can anticipate the services that could be strong contenders for a market fit under ICSv1, as well as those that are likely to align with ICSv2. Furthermore, we draw attention to the intriguing similarities between the functions of validators and traditional banks. As a result, we anticipated a strong likelihood of the hub evolving into a role more…
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Thanks for this work !
I think there is a need to address for discussions about the long-term vision / goal of the Cosmos ecosystem to address a specific market.
The current way of doing seems more to be like continuing to develop the app-chain thesis and letting the market come to the hub.
Our vision revolves around keeping the hub sleek and focused, facilitating economic coordination and engaging in political discourse on core themes. We propose setting up an Interchain Business Development (BD) structure led by savvy governors, each equipped to forge partnerships with key chains in the Cosmos ecosystem. These governors would act as business finders , potentially earning intermediary fees for their services. Additionally, we suggest a model where governors receive a base salary through delegation via the Stride Governor delegation program, aiming to cultivate a highly skilled political class within Cosmos actively fostering interchain business partnerships, rather than waiting passively for projects. Moreover, our vision includes creating a technical BD layer operated by validators, expected to specialize and naturally form sub-groups. This concept was introduced over a year ago in a post: Ideation: Governance Councils & Treasury Modules . In this context, we discussed the formation of “validator councils” that would leverage Interchain Security V3 , as detailed in this report (the page was removed from the transcript, but it is available in the full report’s…
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