What’s the consensus here on BCH?
Does anyone here follow Cosmos. I rarely get anything more than superficially interested in blockchain endeavors. But it is slowly pulling me in.
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Sometimes I look up at the cosmos at night and it pulls me in, but that is probably not what you meant? 
What is Cosmos?
In the eastiest to explain short version.
It is an internet of blockchains
It has actually been in development for many years and much like our favorite over here has been outside of the limelight.
All cosmos chains natively communicate and can exchange information and assets between each other.
Both binance chains are actually part of the ecosystem and many other notable blockchain projects too.
They have been siloed until now because development was not complete but on the 18th of Feb the the stargate upgrade takes place and they can all communicate.
Billions of dollars worth of blockchains will come together.
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Sounds interesting, I can see blockchain internet useful as DeFi products, Statistics or other database info. Is that their purpose? Because I have a hard time with blockchains as a fully functional server like internet, because of mining and limitations.
Which blockchains do you think have the most to gain from the implementation?
I wish they had another name because blockchains with some form of space in the name example, Skycoin, Marscoin, Mooncoin or similar, scares me. 
But I need to conquer my fears and don’t let names get in the way, if the foundation is solid.
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I am only scratching the surface so I am not educated well enough at this point to list x,y & z as killer use cases.
There are several independent teams working on multiple aspects of the project so learning about everything is mind-blowingly complicated.
(Again why it probably flew under the radar)
What really sucks for me on a user experience level with the silos we currently have is wrapped assets. Different chains version of the same stable coin… It is a nightmare.
No need for wrapped tokens in the cosmos ecosystem. They are also about to launch a DEX called Osmosis.
I’m still digging but what really grabs me is the development team… much like this project.
No they dont aim to be the internet only for blockchain interoperability.
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Imo, bulk data storage has to be at the heart of any Internet replacement. This is where safe network gets things very right.
Having a data layer as the foundation to store and retrieve apps and their data is critical. It also reflects the evolution of computing too, where tapes, theb disk drives, were always at the heart of computing.
Blockchains only store a subset of bulk storage. They are capable of providing very slow, very expensive, very small, transaction data. Building a system with this at its heart, seems like a hard route to take.
I understand that this is buiding based on what we know works (blockchains), but making availability and security guarantees will be hard. Can the chains themselves even function without local storage?
I know safe network has come under criticism for trying to do too much, but if you’re going to build a new distributed Internet, you need to start with strong foundations. I’m unconvinced blockchains will ever be able to achieve this.
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I agree, using the term internet of blockchains was perhaps poor wording.
It does not strive to be a new internet.
The goal is for all blockchains in the ecosystem to communicate and not be little islands all unto themselves.
Not via clunky bridges but at base level.
I don’t but I know it’s a promising one that has been in development for years like you say. There’s an Aussie guy on LTB named Arthur that had a podcast and COSMOS was his favorite and he put a lot of focus on it. Now the flavor of the week (but probably longer) is Polkadot which aims to do similar I believe. So Polkadot seems to be getting most of the attention AFAIK.
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Classic example of marketing over development from what I can tell. You can see who focused on marketing. There are key differences but I am only ankle deep so… we will see.
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I speculated on one called Internet Of Everything, I think it was that was doing the same as COSMOS and all the rest before most if any of those came about but it petered out. I think “internet of blockchains” is a good description personally. They provided updates for a very long time but I think there execution was lacking. They had trading pairs for each chain or something like that and I think it was too convoluted for most.
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It is… except when it makes people think it means “a new internet” easily misunderstood.
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I haven’t studied any of these. I’m curious what the point of linking different chains might be unless it’s an alternative to smart contact token exchanges.
What’s the raison d’être because unless the chains themselves have usefulness, linking them up is pointless.
Blockchain is zombie technology IMO.
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Scaling for one.
But scaling what, for what purpose?
So in terms of ethereum.
Each project could potentially have it’s own blockchain but they are all able to communicate within the same ecosystem.
It can only make more sense than 1000 blockchain islands or one blockchain congested up to the neck.
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Still no utility. The ability to do more exchanges of tokens at unsustainable energy costs is zombie technology, just never going to be as good as Zombieland
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@happybeing Just to parrot what @Josh has said. There is a value proposition in being the one blockchain to rule them all by serving as a substrate for all chains so they can interoperate. Polkadot has faster finality and is probably superior to most chains and so those other projects benefit from joining into Polkadot network because now they are faster and more scalable and able to communicate and interoperate with any other chain also on Polkadot. In my opinion it’s like a piece meal way of creating a new internet in a Frankenstein kind of way. They could have storage via storj or sia and even though those aren’t necessarily easy for a consumer it means there’s room for another middle man to insert themselves to “make it more convenient’.
It’s a capitalists wet dream. Just as quickly as the cypherpunks were able to remove the middle men, the limitations of blockchain technology introduced a new economic system to create even more.
Safe Network removes almost all middle men and grants individuals the ultimate control over we the peoples data, whilst being secured by the people, making it the peoples internet. But we all know that. 
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I understand the idea this helps them scale. I think that’s moot because it only addresses a part of the problem but that’s not the question I posed. What is the utility, the reason for this scaling? What will it enable except more of the limited and unsustainable increase in burning of energy to move tokens around?
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Binance is using cosmos engine (tendermint) to make a DEX(decentralized exchange) and it is one use case of cosmos’s blockchain technology. I also have some interesting ideas using cosmos blockchain ( I am a long term cosmos investor and validator). cosmos foundation is also developing ethermint I think. Ethermint is ethereum on tendermint engine.
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