Fast Take
- Cosmos is constructing a separate blockchain that might be used for trialing protocols previous to launching on the mainnet.
- Like Polkadot’s Kusama, tokens on the blockchain can have actual worth.
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Blockchain platform Cosmos is launching a brand new blockchain, referred to as Sagan, for testing and experimentation.
On the finish of its first keynote presentation — which is able to now develop into a quarterly occasion — Cosmos teased the launch of Sagan with a 30-second clip that included a quote by Carl Sagan, a well-known American cosmologist, the identify of the blockchain, and a picture of a canary.
The canary symbolizes that this blockchain might be a “canary community,” in keeping with a supply conversant in the scenario. The time period was coined by blockchain platform Polkadot — and its canary community Kusama — and refers to a blockchain that’s used for trialing protocols out earlier than they go stay on the principle community.
There’s a distinction between testnets — that are equally used for testing — and canary networks like Kusama and Sagan. Testnet tokens sometimes don’t carry any worth, so that they recreate the technical aspect of the principle blockchain however not its actual surroundings. Alternatively, tokens on canary networks do have actual worth, so they arrive a lot nearer to mimicking the actual surroundings. That creates higher incentives for individuals to seek out bugs and potential exploits.
Earlier within the keynote, Cosmos additionally introduced a partnership with gaming firm Forte — which is able to entail an undisclosed funding within the firm, in keeping with the supply — and introduced that its DeFi platform Emeris will launch in December. Emeris will embody cross-chain farming and cross-chain staking inside the Cosmos ecosystem.
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