The Cosmos ecosystem is now the main focus of crypto research company Delphi Digital’s research and development (R&D) protocol arm Delphi Labs. The protocol R&D branch of Delphi Digital, Delphi Labs, had previously been focused on researching and developing protocols on Terra but was obliged to look into alternative ecosystems after its collapse in May. Delphi Labs has a team of about 50 devoted to incubating “Web3 primitives.” Delphi Labs Shifts Focus The independent research and investment company established in 2018, Delphi Digital, opened its Labs division in 2021 and now offers an institutional-grade analysis of the market for digital assets. In a thorough analysis released on September 8, Delphi Digital claimed that after carefully examining several blockchain ecosystems to determine which was best for business requirements, primarily decentralized finance (DeFi), it chose the Cosmos environment. In the 3 months since the Terra collapse, the Delphi Labs team has been hard at work figuring out what we see as the future of DeFi, what platform best facilitates this, and ultimately where we should best focus our builder efforts going forwardhttps://t.co/7mZAkKc8XK — Delphi Digital (@Delphi_Digital) September 8, 2022 Cosmos Ecosystem The IBC protocol connects the blockchains that make up the Cosmos network, which is the best idea for an ecosystem of interoperable blockchains. The Cosmos SDK is a set of adaptable modules that ...
$285 Million in Bitcoin Shorts Wiped Out
