Meet Cosmos: The Internet Of Blockchains

[Sandus_Cryptolover]

Crypto space is getting a bit more connected, with a new launch intended to bring multiple protocols together.  The non-profit Interchain Foundation has just launched Cosmos Network, a decentralized network of independent yet inter-operable blockchains. The new network aims to be the internet of blockchains, so that distributed ledgers can communicate with one another and synchronize, coordinate and scale operations.

The lead developer for Cosmos is Tendermint Inc, a blockchain consensus project funded by $400 million from Paradigm, Bain Capital, and 1confirmation. The project is expected to facilitate the development of decentralized applications (dApps) by handling the underlying protocols such as networking and consensus.

https://cryptobriefing.com/cosmos-internet-of-blockchains/

[redsun114]

When I see this kind of amount raised by a project, I always wonder what the team needs those large amount of money for, is the money to pay staff that will work on the project or is it for something else. I can see that the project is something that will be of good benefit to us all, but the truth is that I haven't understood what you are trying to say about the project and would be glad if you can give a better explanation.