Osmosis leads the development of a new security model called "mesh security" in the Cosmos ecosystem. The project is funded by Osmosis, Axelar, Akash Network, and ATOM Accelerator DAO, and aims to consolidate the value of validator stakes from multiple blockchains to increase security against potential breaches or staking takeovers.
Mesh security allows Cosmos chains to consolidate their token security. This leads to significantly higher economic security than what a single chain can offer. Validators will have the option to re-stake their bonded tokens to their chosen validators on a partnering chain, similar to the Eigen Layer model on Ethereum.
“With the introduction of mesh security, we can approach security bidirectionally, meaning that two chains, like Osmosis and Juno for example, can provide security to each other,” Sunny Aggarwal, co-founder of Osmosis Labs said.
The development will proceed in three phases, with contributions from teams across the Cosmos ecosystem and an expected final launch in Q1 2024.
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