Cryptocurrency Q&A
Is Terra based on Cosmos?
Is Terra based on Cosmos?
Arianna
Mon May 20 2024
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5 answers
1026
Terra, is it indeed founded upon the Cosmos blockchain technology? I've heard rumors that it utilizes some of the fundamental principles and functionalities inherent in Cosmos's ecosystem. Could you clarify this for me? It seems like an intricate yet fascinating connection, if indeed true. I'm particularly interested in understanding how Terra might leverage Cosmos's interoperability features, if any, to enhance its own functionality and ecosystem. Would you be able to elaborate on this point, and perhaps provide some insights into the technical aspects of this supposed relationship?
5 answers
OceanSoul
Wed May 22 2024
Prior to their departure, Zon served as a smart contract developer within Terraform Labs, contributing significantly to the blockchain's core functionality and security. His expertise in this area was crucial to the success of the Terra project.
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EnchantedSky
Wed May 22 2024
Meanwhile, Liu was actively involved in researching miner extractable value (MEV), a phenomenon where miners capitalize on the ordering of transactions to extract additional profits. His insights into this complex aspect of blockchain technology were invaluable to the team.
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Martino
Wed May 22 2024
After their departure from Terraform Labs, Zon and Liu embarked on a new journey to create a Cosmos-based DeFi blockchain. This ambitious project aimed to leverage the scalability and interoperability of the Cosmos ecosystem to develop a more robust and feature-rich DeFi platform.
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QuasarGlider
Wed May 22 2024
BTCC, a UK-based cryptocurrency exchange, offers a comprehensive suite of services tailored to meet the needs of diverse crypto enthusiasts. From spot trading, allowing users to buy and sell cryptocurrencies at market prices, to futures trading, which provides leveraged exposure to crypto markets, BTCC covers a wide range of trading options.
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ethan_thompson_psychologist
Wed May 22 2024
Terraform Labs was the driving force behind the creation of the Terra blockchain, a platform renowned for its innovative approach in the field of decentralized finance. The blockchain was complemented by its sister stablecoin, UST, which offered a reliable and stable alternative to volatile cryptocurrencies.
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