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DiscussionsAdd Consumer Chain[PROPOSAL ###] [DRAFT] Add Evmos as a Consumer ChainForum ↗

[PROPOSAL ###] [DRAFT] Add Evmos as a Consumer Chain

Add Consumer Chain10 posts981 views20 likesLast activity Jul 2024
JA
Jacques_XuOP
Jul 2024 6

This is a proposal to launch Evmos as an opt-in consumer chain. Opt-in consumer chains are intended to be launched permissionlessly, but in this version of ICS, a permissionless launch is not yet possible for technical reasons involving the chain_id. If you are interested, read more here . This proposal is NOT intended to judge whether the chain is worthwhile to use or validate. Since it is an opt-in consumer chain, no validator is obligated to run it, and any validator can opt in or out its validator set at any time. Validators who do not feel that the chain is worthwhile are encouraged simply not to run it. Executive Summary: Evmos aims to develop and deliver essential tools for creating cross-chain applications, liberating developers from the limitations of isolated blockchains. By enhancing the EVM, Evmos enables cross-chain applications that utilize the liquidity and user bases of multiple blockchain ecosystems, offering a unified experience. The robustness of Evmos technology is evident in the numerous forks of Ethermint and the quality of evmOS partners. While there has been significant interest from projects like Aave , a current lack of liquidity and…

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TK
tknox35
Jul 2024 2

Evmos is a good test case for the value that a move to PSS could (as of now, theoretically) provide. Applaud the move to align closer with the Hub.

SE
serejandmyself
Jul 2024 2

Makes perfect sense from the perspective of a validator of both networks. Seems Stride and Evmos will lead ICS

GO
Govmos
Jul 2024 6

On behalf of the PRO Delegators’ validator, we would like to present a preliminary positive response to this proposal. We will adjust our final approval based on the parameters the chain will use in the final proposal and most importantly the revenue share.

It’s important to acknowledge that there have been noticeable concentration in the supply distribution, which have led to significant challenges since the Evmos chain’s inception. Switching to a shared security model would be the perfect occasion to remedy this issue. Given our extensive experience in this domain, we are more than willing to offer suggestions to rectify this situation and help the Evmos chain reach its full potential, feel free to reach out via private message or directly via [email protected].

Welcome back home!
Govmos.
pro-delegators-sign

H4
H4Ark
Jul 2024

Evmos used to change several time his mind concerning its affiliation in Cosmos family. Sometimes, we felt there were no possible coming back (Keplr integration vs Metamask as an example - which was a huge symbol) .
What can you tell us that would ensure that this is not yet another change of mind ?

JA
Jacques_Xu
Jul 2024

Thanks tknox35,

Yes we do believe that moving to PSS could be very positive for Evmos as it would allow us to reduce our cost of security and infrastructure, giving us an opportunity to reduce our inflation rate while maintaining or exceeding the level of performance of the chain.

JA
Jacques_Xu
Jul 2024 1

Thanks for the continued support Serej!

JA
Jacques_Xu
Jul 2024 1

Feels good to be home! Though we’ve never really left :smiley:

I’ll reach out via the email shortly; always happy to get feedback on how we might be able to improve in all areas.

JA
Jacques_Xu
Jul 2024

Hey H4Ark,

Thank you for your question.

It sounds like you’re referring to the decision to abstract Cosmos transaction support on Evmos. That was a case of miscommunication on our part.

The choice to discontinue support for Cosmos transaction formats on Evmos was made for technical reasons, allowing us to focus on enhancing our EVM and EVM-to-Cosmos interactions. However, it’s important to note that Evmos has never truly ‘left’ the Cosmos ecosystem. Our chain continues to maintain open IBC channels, and we are more committed than ever to improving interoperability between EVM and Cosmos applications.

We appreciate your understanding and support as we continue to develop our platform.

SH
Shotanate
Jul 2024 2

Passage of PSS quite some time ago signals theoretical support of consumer chains. However, to put this support into practice, the community should welcome the chains like Evmos to launch as cosnumer chains. There are several reasons why the Cosmos community decided to adopt PSS. Choice: PSS allows validators to choose whether or not to secure a particular chain, unlike Replicated Security (RS) where validation is mandatory for all chains. This provides flexibility for the validator to reallocate resources to chains that align with its expertise and preferences while removing the unnecessary costs of validating sub-optimal ones. Commission Rate Flexibility: Validators can choose different commission rates for each consumer chain it validates under PSS, thus covering expenses specific to those chains, without affecting their Cosmos Hub commission rate. This would not only allow validators to manage their resources more efficiently and cultivate fair compensation but also use their market share and established reputation to propose a competitive rate and secure more delegation. Commission rate flexibility benefits delegators as well because competition is poised to bring…

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