Cosmos community will vote for the introduction of a new security system – Bits Media

The developers of the Cosmos large cryptocurrency project have published a proposal to implement a new security system for the main network of a project called Hub.

Within the new security system, decentralized applications, launched on additional Cosmos networks, will be able to rely on the validators of the main network. I.e, Safety of projects based on additional networks will provide the main blockchain of the project. And this is the largest network in the Cosmos ecosystem.

The developers will also change the functionality of their own cryptocurrency Cosmos Hub called Atom. New ATOM coin 2.0 will be used as a token to ensure the operation of the Cosmos Hub infrastructure platform.

Recall, that in mid -October, Cosmos developers announced the detection of critical vulnerability in the protocol interaction of IBC. They strengthened the safety checks of their code after hacking the BSC token Hub bridge. As the co -founder of Cosmos, Ethan Bukhman (Ethan Buchman), “Critical vulnerability was discovered, which affects all COSMOS networks with IBC support, Moreover, any versions ".