Cryptocurrency Q&A
What network is Axelar on?
What network is Axelar on?
DondaejiDelight
Wed Jun 26 2024
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6 answers
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Could you please elaborate on the network infrastructure that Axelar operates on? Given its focus on enabling cross-chain communication and interoperability, I'm curious to know if Axelar is built on an existing blockchain platform, a bespoke network, or if it utilizes a hybrid approach that incorporates multiple technologies. Understanding the underlying network structure will help me grasp the scope and capabilities of the Axelar project.
6 answers
CryptoNinja
Fri Jun 28 2024
Its public Proof-of-Stake (PoS) consensus mechanism ensures the network's security and decentralization.
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SejongWisdom
Fri Jun 28 2024
The Axelar network employs a robust network architecture, leveraging the Cosmos SDK as its foundation.
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BusanBeautyBlooming
Fri Jun 28 2024
The Cosmos SDK serves as an open-source software development kit, enabling the creation of sovereign and multi-asset blockchains.
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Maria
Thu Jun 27 2024
Complementing the Cosmos SDK, CometBFT provides a Byzantine Fault Tolerance (BFT) consensus algorithm, further enhancing the network's resilience.
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Chiara
Thu Jun 27 2024
Additionally, the CosmWasm VM is integrated into the Axelar network, enabling smart contract functionality and increased flexibility.
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