Still waiting for a concise explanation on what this is exactly. A decentralized coin that uses 7 block chains? What?
A deterministic wallet with built-in decentralized exchange, option to swap your currencies, with no 3rd party dependencies including on ourselves. The token is just one of the supported transfer methods to bridge the gap between currently incompatible blockchains.
@qtgwith: Cosmos works with pegged market zones. Internet of Coins aims for direct swaps between blockchains.
So which one is more advanced?
Each is advanced in their own way. Just like the guys at Interledger and Supernet are building nice tech, each just has a different approach to solving some of the same problems like crossblockchain transfers. Which is why we aim to support their methods and networks as well, as long as an API is available of course.
Why cosmos can collect 240000ETH?
Assumingly, attractive business deals. (You should ask them). We have no corporates step in early, to prevent any commercial motives obfuscating the development goals. We build solely for the evolution of the cryptosphere, which is why we had our publication license hardcoded to open source by registering as a
Commons Conservancy project.
Hi, the article looks good
