πŸ€–Tech stack

Cosmos Millions leverages the technology developed by the Lum Network, that is itself based on the Interchain Stack :

  • Cosmos SDK

Cosmos SDK is the world’s most popular framework for building application-specific blockchains. https://docs.cosmos.network/main/

  • Inter-Blockchain Communication (IBC) protocol

IBC is a protocol that allows blockchains to talk to each other. https://ibc.cosmos.network/main/

  • Delegated Proof of Stake

Proof-of-Stake, the consensus method that Cosmos is built on, is a different blockchain consensus model that is infinitely more energy-efficient than Proof-of-Work. https://blog.cosmos.network/why-blockchains-need-cosmos-proof-of-stake-for-a-sustainable-environment-878b3edd2e85

  • Interchain Account (ICA)

Interchain Accounts is a new feature enabled by the Inter-Blockchain Communication (IBC) protocol that allows blockchains to grant other blockchains access to their native functionalities. It functions in the background to end user interaction and allows for streamlined user experiences where chains pass sets of instructions and execute transactions under the hood.

https://blog.cosmos.network/interchain-accounts-take-cosmos-interoperability-to-the-next-level-39c9a8aad4ad

  • Interchain Queries (ICQ)

Interchain Queries (ICQ) is a technology that allows one blockchain to query another in a deterministic manner, using the Inter-Blockchain Communication (IBC) standard. This enables new cross-chain applications and enhances data sharing between chains.

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