• BTC Dominance: %
XBT.Market
Advertisement
  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us
No Result
View All Result
XBT.Market
No Result
View All Result
Home Bitcoin

Delphi Labs shifts research focus to a new crypto ecosystem… and it’s not Ethereum

Jon Hartney by Jon Hartney
September 9, 2022
in Bitcoin, Blockchain, Business, Market
0
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

As part of Delphi Digital’s research into major ecosystems to find a new focus for its R&D arm, the firm has selected Cosmos over Ethereum as it thinks the latter is too slow and expensive.

Crypto research firm Delphi Digital has shifted the focus of its research and development (R&D) protocol arm Delphi Labs to the Cosmos ecosystem.

Delphi Labs is Delphi Digital’s protocol R&D arm, with a team of around 50 aimed at incubating “Web3 primitives.” The R&D arm had previously been focused on researching and developing protocols on Terra but was forced to look into other ecosystems following its collapse in May. 

Related articles

Bitcoin derivatives data shows room for BTC price to move higher this week

January 23, 2023

Bitcoin price consolidation opens the door for APE, MANA, AAVE and FIL to move higher

January 22, 2023

Delphi Digital is an independent research and investment firm founded in 2018 that provides institutional-grade analysis of the digital asset market, which launched its Labs wing in 2021. 

In a lengthy report published on Sept. 8, Delphi Digital said its team analyzed a range of different blockchain ecosystems to determine which was the most suitable for its needs, particularly in relation to decentralized finance (DeFi), but ultimately decided on the Cosmos ecosystem.

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

Describing it as “an ecosystem of interoperable blockchains,” Delphi Labs decided Cosmos was the best ecosystem to focus its R&D on. It pointed to Cosmos’ ability to benefit from an increasing number of app chains and cross-chain interoperability as major positives.

The firm also outlined speed, chain liquidity, decentralization, cross-chain interoperability, technical maturity, and code portability as key factors in its decision to back Cosmos, despite the fact that the ecosystem is somewhat lacking compared to competitors such as Ethereum. 

Delphi Digital suggested that despite Ethereum hosting the majority of DeFi apps, the speed and cost of using the Ethereum base layer is the main drawback of the blockchain, resulting in a poor user experience.

Related: Why interoperability is the key to blockchain technology’s mass adoption

The report noted that rollups allow Ethereum to overcome this problem but sees interoperability between chains and outages or latency issues as major issues.

Polygon (MATIC), Optimism (OP), Starknet (STARKNET), Cosmos (ATOM), Avalanche (AVAX), Solana (SOL), Polkadot (DOT), Near (NEAR), and Celestia (CELT) were all compared within the report, with Cosmos scoring the highest overall. 

Read Entire Article
Tags: CointelegraphCryptocurrencyInvestmentMining Bitcoin
Share76Tweet47

Related Posts

Bitcoin derivatives data shows room for BTC price to move higher this week

by Jon Hartney
January 23, 2023
0

BTC options data suggest that the Bitcoin price rally still has legs, even with wider economic concerns growing and the

Bitcoin price consolidation opens the door for APE, MANA, AAVE and FIL to move higher

by Jon Hartney
January 22, 2023
0

BTC could take a break from its sharp rally and if BTC price bounces off underlying support, APE, MANA, AAVE...

Genesis bankruptcy case scheduled for first hearing

by Jon Hartney
January 22, 2023
0

The first hearing in Genesis Capital's bankruptcy case will be held on January 23, according to court filings

Terra lending protocol Mars to launch mainnet

by Jon Hartney
January 22, 2023
0

The Mars Hub will launch an independent Cosmos application chain and issue MARS to users who hold the token during...

Central African Republic eyes legal framework for crypto adoption

by Jon Hartney
January 22, 2023
0

A 15-member committee is tasked with working on a legal framework that will allow cryptocurrencies to operate in

Load More
  • Trending
  • Comments
  • Latest

Ethereum Classic gets ‘endorsement’ from Vitalik Buterin, but ETC price still risks 50% crash

July 27, 2022

Critique on Helium’s $6.5K monthly revenue causes a stir

July 28, 2022

All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

July 7, 2022

Cardano Vasil hard fork hit with another delay for several weeks

July 29, 2022

All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

0

Crypto owners banned from working on US Government crypto policies

0

Korean startup Uprise lost $20M shorting LUNC

0

Ethereum testnet Merge mostly successful — ‘Hiccups will not delay the Merge.’

0

Bitcoin derivatives data shows room for BTC price to move higher this week

January 23, 2023

Bitcoin price consolidation opens the door for APE, MANA, AAVE and FIL to move higher

January 22, 2023

Genesis bankruptcy case scheduled for first hearing

January 22, 2023

Terra lending protocol Mars to launch mainnet

January 22, 2023

XBT.Market

This website is an automated news feed powered by the Nebulome cloud system. The site is made possible by YYC TECH Consulting and Alberta Digital Mining Company. As a team with major crypto and bitcoin enthusiasm, we have curated major sources of news, trading and financial data to bring you, our viewer, an unbiased source of truth.

Recent Posts

  • Bitcoin derivatives data shows room for BTC price to move higher this week January 23, 2023
  • Bitcoin price consolidation opens the door for APE, MANA, AAVE and FIL to move higher January 22, 2023
  • Genesis bankruptcy case scheduled for first hearing January 22, 2023
  • Terra lending protocol Mars to launch mainnet January 22, 2023
  • Central African Republic eyes legal framework for crypto adoption January 22, 2023

News Categories

  • Bitcoin
  • Blockchain
  • Business
  • Market

Tags

bitcoinMagzine Cointelegraph Cryptocurrency insidebitcoins Investment Mining Bitcoin NewsBTC

Quicklinks

  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us

© 2022 Xbt.Market - Powered by YYC Tech Consulting & ADMCO.

No Result
View All Result
  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us

© 2022 Xbt.Market by Nebulome.

  • bitcoinBitcoin(BTC)$27,767.00-3.18%
  • ethereumEthereum(ETH)$1,791.53-0.69%
  • USDEXUSDEX(USDEX)$1.07-0.53%
  • tetherTether(USDT)$1.00-0.04%
  • binancecoinBNB(BNB)$315.18-0.39%
  • usd-coinUSD Coin(USDC)$1.000.00%
  • rippleXRP(XRP)$0.540.56%
  • cardanoCardano(ADA)$0.3837071.40%
  • Lido Staked EtherLido Staked Ether(STETH)$1,786.33-0.67%
  • dogecoinDogecoin(DOGE)$0.074372-1.09%
  • matic-networkPolygon(MATIC)$1.08-2.89%
  • SolanaSolana(SOL)$20.28-2.87%
  • Binance USDBinance USD(BUSD)$1.000.12%
  • polkadotPolkadot(DOT)$6.200.49%
  • litecoinLitecoin(LTC)$88.25-2.50%
  • Shiba InuShiba Inu(SHIB)$0.000011-0.77%
  • tronTRON(TRX)$0.0652301.16%
  • AvalancheAvalanche(AVAX)$17.290.27%
  • daiDai(DAI)$1.000.09%
  • UniswapUniswap(UNI)$5.950.81%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$27,753.00-3.09%
  • chainlinkChainlink(LINK)$7.430.96%
  • cosmosCosmos Hub(ATOM)$11.09-0.48%
  • leo-tokenLEO Token(LEO)$3.451.01%
  • ToncoinToncoin(TON)$2.09-0.48%
  • stellarStellar(XLM)$0.1090283.62%
  • moneroMonero(XMR)$156.58-2.44%
  • ethereum-classicEthereum Classic(ETC)$20.18-1.29%
  • Aerarium FiAerarium Fi(AERA)$7.14-13.09%
  • OKBOKB(OKB)$41.38-2.79%
  • bitcoin-cashBitcoin Cash(BCH)$121.27-1.38%
  • filecoinFilecoin(FIL)$5.50-2.60%
  • HederaHedera(HBAR)$0.0699758.35%
  • true-usdTrueUSD(TUSD)$1.000.04%
  • AptosAptos(APT)$11.340.81%
  • Lido DAOLido DAO(LDO)$2.32-1.60%
  • QuantQuant(QNT)$125.00-0.65%
  • ArbitrumArbitrum(ARB)$1.35-4.42%
  • CronosCronos(CRO)$0.067817-1.74%
  • NEAR ProtocolNEAR Protocol(NEAR)$1.91-2.21%
  • vechainVeChain(VET)$0.022734-1.53%
  • algorandAlgorand(ALGO)$0.219404-3.05%
  • Internet ComputerInternet Computer(ICP)$5.05-0.04%
  • ApeCoinApeCoin(APE)$4.07-0.44%
  • eosEOS(EOS)$1.171.54%
  • FantomFantom(FTM)$0.452406-1.15%
  • The GraphThe Graph(GRT)$0.141400-2.64%
  • StacksStacks(STX)$0.90-5.60%
  • The SandboxThe Sandbox(SAND)$0.61-2.54%
  • MultiversXMultiversX(EGLD)$41.92-3.85%
  • FraxFrax(FRAX)$1.00-0.17%
  • decentralandDecentraland(MANA)$0.57-2.93%
  • AaveAave(AAVE)$71.62-1.34%
  • tezosTezos(XTZ)$1.10-1.75%
  • ImmutableXImmutableX(IMX)$1.110.56%
  • theta-tokenTheta Network(THETA)$1.01-1.52%
  • FlowFlow(FLOW)$0.95-3.31%
  • EdgecoinEdgecoin(EDGT)$1.000.08%
  • Axie InfinityAxie Infinity(AXS)$8.15-2.64%
  • ConfluxConflux(CFX)$0.409890-3.14%
  • neoNEO(NEO)$12.13-4.56%
  • Rocket PoolRocket Pool(RPL)$43.27-3.91%
  • kucoin-sharesKuCoin(KCS)$8.26-2.19%
  • havvenSynthetix Network(SNX)$2.40-2.93%
  • paxos-standardPax Dollar(USDP)$1.00-0.05%
  • WhiteBIT TokenWhiteBIT Token(WBT)$5.23-2.08%
  • BitDAOBitDAO(BIT)$0.52-1.01%
  • Terra Luna ClassicTerra Luna Classic(LUNC)$0.000122-0.61%
  • USDDUSDD(USDD)$0.990.12%
  • OptimismOptimism(OP)$2.26-0.90%
  • GateGate(GT)$5.03-0.06%
  • Curve DAOCurve DAO(CRV)$0.91-2.51%
  • KlaytnKlaytn(KLAY)$0.226354-3.25%
  • bitcoin-cash-svBitcoin SV(BSV)$35.38-1.10%
  • PancakeSwapPancakeSwap(CAKE)$3.67-0.57%
  • Mina ProtocolMina Protocol(MINA)$0.74-2.94%
  • GMXGMX(GMX)$74.44-1.34%
  • dashDash(DASH)$56.00-2.08%
  • ChilizChiliz(CHZ)$0.116547-0.99%
  • CloutContractsCloutContracts(CCS)$52.461,000.00%
  • makerMaker(MKR)$669.13-1.59%
  • Frax ShareFrax Share(FXS)$8.41-4.28%
  • BitTorrentBitTorrent(BTT)$0.000001-0.49%
  • huobi-tokenHuobi(HT)$3.65-0.65%
  • eCasheCash(XEC)$0.000030-1.47%
  • iotaIOTA(MIOTA)$0.208693-1.53%
  • XDC NetworkXDC Network(XDC)$0.040697-1.86%
  • Bitget TokenBitget Token(BGB)$0.392863-2.55%
  • KaspaKaspa(KAS)$0.0298832.11%
  • cETHcETH(CETH)$36.12-0.57%
  • PAX GoldPAX Gold(PAXG)$1,986.170.39%
  • Tokenize XchangeTokenize Xchange(TKX)$6.25-0.27%
  • singularitynetSingularityNET(AGIX)$0.406837-3.12%
  • Mask NetworkMask Network(MASK)$6.39-1.48%
  • Tether GoldTether Gold(XAUT)$1,980.400.45%
  • cUSDCcUSDC(CUSDC)$0.0228250.08%
  • Trust WalletTrust Wallet(TWT)$1.16-7.00%
  • BinaryXBinaryX(BNX)$23.94-86.46%
  • 1inch1inch(1INCH)$0.55-0.57%
  • zilliqaZilliqa(ZIL)$0.027558-1.18%