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Blockchain News

Cosmos to Launch a New Blockchain Sagan

The new blockchain is designed to allow the developers to experiment with various protocols.

Written By Jahnu Jagtap
Published 2021-10-19·Updated 1 year ago
Make The Crypto Times preferred on GoogleGoogle
Cosmos to Launch a New Blockchain Sagan

In Brief:

  • Cosmos teased the launch of its new blockchain, named Sagan.
  • Developers now have the chance to try out different protocols and blockchains.

The leading blockchain platform Cosmos announced the launch of a new blockchain called Sagan in their quarterly keynote report.

Cosmos teased the debut of Sagan with a 30-second film that included a quotation from cosmologist Carl Sagan and the name of the blockchain and a picture of a canary. The canary picture could refer to the blockchain as a “canary network” in development.

Previously Polkadot debuted Kusuma, which was in the form of a canary network. The canary model is said to create and use a parachain or put Polkadot’s governance, staking, and other features to the test in a real-world setup.

Sagan to take the form of a Cosmos environment that allows developers to test new blockchains and applications before being released to the network.

Cosmos is also developing rollup scaling technology, which will allow developers to create Cosmos-based blockchains in the form of rollups that may be deployed as clusters within the inter-blockchain communication protocol’s zones.

Also Read: dYdX v4 Shifts to Cosmos Ecosystem Instead of Ethereum

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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