Evmos is an inter-blockchain communication protocol.
Evmos is an Inter-Blockchaininter-blockchain Communicationcommunication protocol.
Evmos is an interoperable Ethereum blockchain, built on Proof-of-Stakeproof-of-stake (PoS). It leverages the Cosmos SDK amdand serves as an IBC-compatible EVM-based chain.
The Proof-of-Stake blockchain is compatible and interoperable with Ethereum. It was developed using the Cosmos SDK, which operates atop Tendermint Core consensus engine. Evmos enables the running of vanilla Ethereum as a Cosmos application-specific blockchain. It allows developers to have features of Ethereum, and Tendermint’s PoS implementation. Since it is built atop the Cosmos SDK, it will be able to make exchanges with the Cosmos Ecosystem via the Inter Blockchain Communication Protocol (IBC).
The PoS is compatible and interoperable with Ethereum. It was developed using the Cosmos SDK, which operates atop Tendermint Core consensus engine. Evmos enables the running of vanilla Ethereum as a Cosmos application-specific blockchain. It allows developers to have features of Ethereum and Tendermint’s PoS implementation. Since it is built atop the Cosmos SDK, it will be able to make exchanges with the Cosmos Ecosystem via the Inter Blockchain Communication Protocol (IBC).
The Evmos blockchain allows Ethereum developers to deploy their smart contracts to the Evmos EVM and use the Proof-of-Stake (PoS) chain. Developers also benefit from clients from testnets that can be used to test and deploy their contracts. It provides built-in interoperability functionalities with other Cosmos and BFT chains by utilizing IBC. Developers can also utilize a bridge network to enable interoperability between the mainnet Ethereum and Evmos.
Evmos''s features enablesenable developers to use existing Ethereum ecosystem tooling and software to deploy smart contracts that interact with the rest of the Cosmos ecosystem. Some mainMain features of Evmos include the following:
Evmos enables these features by the following actions:
Evmos enables compatibility between the Ethereum and Cosmos ecosystems. Each feature is tested and internally audited by the team and then brought to the users.
Validator candidates are able to bond their own staking tokens and have the tokens "delegated,", or staked, to them by token holders. The Evmos is the platform's native token. Evmos plans to launch with 150 validators. The validators are determined by those who have the most stake delegated to them, and the top 150 validator candidates with the most stake become Evmos validators.
Validators and their delegators will get Evmos as block provisions and tokens as transaction fees via the implementation of the Tendermint consensus protocol. Transaction fees will be paid in EVMOS, but later, any token in the Cosmos ecosystem will be valid as fee tender when whitelisted by governance. Validators can set their commission on the fees their delegators get as an extra incentive.
For Validatorsvalidators that double sign, are habitually offline, or do not partake in governance, their staked Evmos, as well as the Evmos of users that delegated to them, can be slashed. The penalty is dependent on the gravity of the violation.
Delegators are required to perform due-diligencedue diligence on validators before delegating, including diversifying by spreading their stake over different validators. Delegators are responsible for choosing validators, and are mandated to remain vigilant and monitor the actions of their validators, in order to switch should they fail to behave responsibly.
The EVMOS is the denomination utilized for staking, governance, and gas consumption on the EVM. It offers the utility of securing the Proof-of-StakePoS chain, it is the token used for governance proposals, distribution of fees to validatorvalidators and users, and also used as gas for operating smart contracts on the EVM. Evmos is compatible with ERC20 tokens and other non-fungible token standards (EIP721, EIP1155) that are natively supported by the EVM.EVMOSEVM. EVMOS asis the base denomination to maintain parity with Ethereum. 1 evmos = 1018 aevmos. This matches the Ethereum denomination of: 1 ETH = 1018 wei.
Voting power is dependent upon stake weight at the conclusion of the 5-dayfive-day voting period, and is proportional to the number of EVMOS participating in the vote. Just bonded EVMOS count towardstoward the voting power for a governance proposal, and liquid EVMOS does not count toward a vote or quorum.
Voting power is determineddependent byupon stake weight at the endconclusion of the 5-day voting period, and is proportional to the number of total EVMOS participating in the vote. OnlyJust bonded EVMOS count towards the voting power for a governance proposal., Liquidand liquid EVMOS willdoes not count toward a vote or quorum.
Inactive validators can cast a vote, but their voting power (including the backing of their delegators) will not count toward the vote if they are not in the active set when the voting period ends. The voting period is currently a fixed 5-day period. During the voting period, participants may select a vote of either Yes, No, Abstain, or NoWithVeto. Voters may change their vote at any time before the voting period ends.
What determines whether or not a governance proposal passes?Currently, the criteria for submitting and passing/failing all proposal types is the same.
There are four criteria:
Inactive validators are able to cast a vote, but their voting power, as well as the backing of their delegators, will not count toward the vote if they are not in the active set whenever the voting period ends. The voting period is a fixed 5-day period. During this period, participants can pick a vote of either Yes, No, Abstain, or NoWithVeto. Voters are able to change their vote before the voting period ends.
The criteria for submitting and passing/failing proposal types is the same, and there are four of them:
The denomination used for staking, governance and gas consumption on the EVM is the EVMOS. The EVMOS provides the utility of: securing the Proof-of-Stake chain, token used for governance proposals, distribution of fees to validator and users, and as a mean of gas for running smart contracts on the EVM.Cosmos Coins
Accounts can own Cosmos coins in their balance, which are used for operations with other Cosmos and transactions. Examples of these are using the coins for staking, IBC transfers, governance deposits and EVM.
EVM Tokens, Evmos is compatible with ERC20 tokens and other non-fungible token standards (EIP721, EIP1155) that are natively supported by the EVM.
Evmos uses Atto (opens new window)EVMOS as the base denomination to maintain parity with Ethereum.
1 evmos = 1018 aevmos
This matches Ethereum denomination of:
1 ETH = 1018 wei
The EVMOS is the denomination utilized for staking, governance and gas consumption on the EVM. It offers the utility of securing the Proof-of-Stake chain, it is the token used for governance proposals, distribution of fees to validator and users, and also used as gas for operating smart contracts on the EVM. Evmos is compatible with ERC20 tokens and other non-fungible token standards (EIP721, EIP1155) that are natively supported by the EVM.EVMOS as the base denomination to maintain parity with Ethereum. 1 evmos = 1018 aevmos. This matches Ethereum denomination of: 1 ETH = 1018 wei
Evmos is based on Tendermint Core (opens new window), which relies on a set of validators that are responsible for committing new blocks in the blockchain. These validators participate in the consensus protocol by broadcasting votes which contain cryptographic signatures signed by each validator's private key.
Evmos is based on Tendermint Core, which depends on a set of validators responsible for committing blocks in the blockchain. The validators participate in the consensus protocol by broadcasting votes that contain cryptographic signatures that are signed by every validator's private key.
Validator candidates canare able to bond their own staking tokens and have the tokens "delegated", or staked, to them by token holders. The Evmos is Evmosthe platform's native token. At its onset, Evmos willplans to launch with 150 validators. The validators are determined by those who hashave the most stake delegated to them, -and the top 150 validator candidates with the most stake will become Evmos validators.
Validators and their delegators will earnget Evmos as block provisions and tokens as transaction fees throughvia executionimplementation of the Tendermint consensus protocol. Initially, transactionTransaction fees will be paid in EVMOS but in the futurelater, any token in the Cosmos ecosystem will be valid as fee tender if it iswhen whitelisted by governance. Note that validatorsValidators can set commission on the fees their delegators receiveget as additional incentive.If validators double sign, are frequently offline or do not participate in governance, their staked Evmos (including Evmos of users that delegated to them) canextra be slashedincentive. The penalty depends on the severity of the violation.
Delegators are EVMOS holders who cannot, or do not want to run validator operations themselves. Users can delegate EVMOS to a validator and obtain a part of its revenue in exchange (for more detail on how revenue is distributed, see What is the incentive to stake? and What is a validator's commission? sections below).
For Validators that double sign, are habitually offline or do not partake in governance, their staked Evmos, as well as the Evmos of users that delegated to them can be slashed. The penalty is dependent on the gravity of the violation.
Because they share revenue with their validators, delegators also share responsibility. Should a validator misbehave, each of its delegators will be partially slashed in proportion to their stake. This is why delegators should perform due-diligence on validators before delegating, as well as diversifying by spreading their stake over multiple validators.
Delegators include EVMOS holders who cannot, or have no desire to operate validator operations by themselves. Users are able to delegate EVMOS to a validator and get a part of its revenue in exchange. Since they share revenue with validators, delegators share responsibility as well. If a validator misbehaves, each of its delegators will be partially slashed according to their stake.
Delegators play a critical role in the system, as they are responsible for choosing validators. Be aware that being a delegator is not a passive role. Delegators are obligated to remain vigilant and actively monitor the actions of their validators, switching should they fail to act responsibly.
Delegators are required to perform due-diligence on validators before delegating, including diversifying by spreading their stake over different validators. Delegators are responsible for choosing validators, and are mandated to remain vigilant and monitor the actions of their validators, in order to switch should they fail to behave responsibly.
Evmos is a scalable andan interoperable Ethereum blockchain, built on Proof-of-Stake. It withleverages the Cosmos SDK amd serves fast-finalityas an IBC-compatible EVM-based chain.
a.k.a. IBC; the IP layer for blockchains. IBC is currently the safest and most secure and decentralized way to move assets across different blockchains, unlocking interoperability across multiple chains. Evmos leverages the Cosmos SDK serves as the first IBC-compatible EVM-based chain, bringing composability, interoperability, and fast finality to Ethereum.
Evmos is a scalable, high-throughputThe Proof-of-Stake blockchain that is fully compatible and interoperable with Ethereum. It's builtwas developed using the Cosmos SDK (opens new window), which runs on topoperates ofatop Tendermint Core (opens new window)consensus engine. Evmos allowsenables forthe running of vanilla Ethereum as a Cosmos (opens new window)application-specific blockchain. ThisIt allows developers to have all the desired features of Ethereum, while at the same time, benefit fromand Tendermint’s PoS implementation. Also, becauseSince it is built on top ofatop the Cosmos SDK, it will be able to exchangemake valueexchanges with the rest of the Cosmos Ecosystem throughvia the Inter Blockchain Communication Protocol (IBC).
The Evmos blockchain provides Ethereum developers to deploy their smart contracts to the Evmos EVM and get the benefits of a fast-finality Proof-of-Stake (PoS) chain. Developers will also benefit from highly-reliable clients from testnets can be used to test and deploy their contracts. Evmos also offers built-in interoperability functionalities with other Cosmos and BFT chains by using IBC (opens new window). Developers can also benefit from using a bridge network to enable interoperability between mainnet Ethereum and Evmos.
The Evmos blockchain allows Ethereum developers to deploy their smart contracts to the Evmos EVM and use the Proof-of-Stake (PoS) chain. Developers also benefit from clients from testnets that can be used to test and deploy their contracts. It provides built-in interoperability functionalities with other Cosmos and BFT chains by utilizing IBC. Developers can also utilize a bridge network to enable interoperability between the mainnet Ethereum and Evmos.
The sum of theseEvmos' features allowsenables developers to leverageuse existing Ethereum ecosystem tooling and software to seamlessly deploy smart contracts whichthat interact with the rest of the Cosmos ecosystem. Here’sSome a glance at some of the keymain features of Evmos include:
Evmos enables these key features by:
Evmos is connecting two major worlds in the crypto universe by enabling compatibility between the Ethereum and Cosmos ecosystems. This does not come without its difficulties, and security always is a top priority for the Evmos developers. Each feature is extensively tested and internally audited by the team before being brought to the users. However, external audits are a valuable and necessary assurance for the security of the protocol itself and with that, also for anyone deploying on or using Evmos.
Evmos enables compatibility between the Ethereum and Cosmos ecosystems. Each feature is tested and internally audited by the team then brought to the users.
Evmos is an application-agnostic chain that is interoperable with the Ethereum Mainnet, EVM-compatible environments, and other BFT chains via IBC.
Evmos is an Inter-Blockchain Communication protocol
Evmos is a scalable and interoperable Ethereum blockchain, built on Proof-of-Stake with fast-finality.
a.k.a. IBC; the IP layer for blockchains. IBC is currently the safest and most secure and decentralized way to move assets across different blockchains, unlocking interoperability across multiple chains. Evmos leverages the Cosmos SDK serves as the first IBC-compatible EVM-based chain, bringing composability, interoperability, and fast finality to Ethereum.
Evmos is a scalable, high-throughput Proof-of-Stake blockchain that is fully compatible and interoperable with Ethereum. It's built using the Cosmos SDK (opens new window)which runs on top of Tendermint Core (opens new window)consensus engine. Evmos allows for running vanilla Ethereum as a Cosmos (opens new window)application-specific blockchain. This allows developers to have all the desired features of Ethereum, while at the same time, benefit from Tendermint’s PoS implementation. Also, because it is built on top of the Cosmos SDK, it will be able to exchange value with the rest of the Cosmos Ecosystem through the Inter Blockchain Communication Protocol (IBC).
The Evmos blockchain provides Ethereum developers to deploy their smart contracts to the Evmos EVM and get the benefits of a fast-finality Proof-of-Stake (PoS) chain. Developers will also benefit from highly-reliable clients from testnets can be used to test and deploy their contracts. Evmos also offers built-in interoperability functionalities with other Cosmos and BFT chains by using IBC (opens new window). Developers can also benefit from using a bridge network to enable interoperability between mainnet Ethereum and Evmos.
The sum of these features allows developers to leverage existing Ethereum ecosystem tooling and software to seamlessly deploy smart contracts which interact with the rest of the Cosmos ecosystem Here’s a glance at some of the key features of Evmos:
Evmos enables these key features by:
Evmos is connecting two major worlds in the crypto universe by enabling compatibility between the Ethereum and Cosmos ecosystems. This does not come without its difficulties, and security always is a top priority for the Evmos developers. Each feature is extensively tested and internally audited by the team before being brought to the users. However, external audits are a valuable and necessary assurance for the security of the protocol itself and with that, also for anyone deploying on or using Evmos.
Evmos is based on Tendermint Core (opens new window), which relies on a set of validators that are responsible for committing new blocks in the blockchain. These validators participate in the consensus protocol by broadcasting votes which contain cryptographic signatures signed by each validator's private key.
Validator candidates can bond their own staking tokens and have the tokens "delegated", or staked, to them by token holders. The Evmos is Evmos's native token. At its onset, Evmos will launch with 150 validators. The validators are determined by who has the most stake delegated to them - the top 150 validator candidates with the most stake will become Evmos validators.
Validators and their delegators will earn Evmos as block provisions and tokens as transaction fees through execution of the Tendermint consensus protocol. Initially, transaction fees will be paid in EVMOS but in the future, any token in the Cosmos ecosystem will be valid as fee tender if it is whitelisted by governance. Note that validators can set commission on the fees their delegators receive as additional incentive.If validators double sign, are frequently offline or do not participate in governance, their staked Evmos (including Evmos of users that delegated to them) can be slashed. The penalty depends on the severity of the violation.
Delegators are EVMOS holders who cannot, or do not want to run validator operations themselves. Users can delegate EVMOS to a validator and obtain a part of its revenue in exchange (for more detail on how revenue is distributed, see What is the incentive to stake? and What is a validator's commission? sections below).
Because they share revenue with their validators, delegators also share responsibility. Should a validator misbehave, each of its delegators will be partially slashed in proportion to their stake. This is why delegators should perform due-diligence on validators before delegating, as well as diversifying by spreading their stake over multiple validators.
Delegators play a critical role in the system, as they are responsible for choosing validators. Be aware that being a delegator is not a passive role. Delegators are obligated to remain vigilant and actively monitor the actions of their validators, switching should they fail to act responsibly.
The denomination used for staking, governance and gas consumption on the EVM is the EVMOS. The EVMOS provides the utility of: securing the Proof-of-Stake chain, token used for governance proposals, distribution of fees to validator and users, and as a mean of gas for running smart contracts on the EVM.Cosmos Coins
Accounts can own Cosmos coins in their balance, which are used for operations with other Cosmos and transactions. Examples of these are using the coins for staking, IBC transfers, governance deposits and EVM.
EVM Tokens, Evmos is compatible with ERC20 tokens and other non-fungible token standards (EIP721, EIP1155) that are natively supported by the EVM.
Evmos uses Atto (opens new window)EVMOS as the base denomination to maintain parity with Ethereum.
1 evmos = 1018 aevmos
This matches Ethereum denomination of:
1 ETH = 1018 wei
Voting power is determined by stake weight at the end of the 5-day voting period and is proportional to the number of total EVMOS participating in the vote. Only bonded EVMOS count towards the voting power for a governance proposal. Liquid EVMOS will not count toward a vote or quorum.
Inactive validators can cast a vote, but their voting power (including the backing of their delegators) will not count toward the vote if they are not in the active set when the voting period ends. The voting period is currently a fixed 5-day period. During the voting period, participants may select a vote of either Yes, No, Abstain, or NoWithVeto. Voters may change their vote at any time before the voting period ends.
What determines whether or not a governance proposal passes?Currently, the criteria for submitting and passing/failing all proposal types is the same.
There are four criteria:
Evmos is an application-agnostic chain that is interoperable with the Ethereum Mainnet, EVM-compatible environments, and other BFT chains via IBC -- making it easy for users and developers to move value between chains. evmos.org
Connector of Cosmos and Ethereum Evmos raised $27M in a token sale led by Polychain Capital.
Galaxy Digital, Huobi, HashKey Capital, Coinbase Ventures, Circle Ventures and Asymmetric are among investors.Evmos is a scalable, high-throughput Proof-of-Stake blockchain that is fully compatible and interoperable with Ethereum. It's built using the Cosmos SDK (opens new window)which runs on top of Tendermint Core (opens new window)consensus engine.
Evmos allows for running vanilla Ethereum as a Cosmos (opens new window)application-specific blockchain. This allows developers to have all the desired features of Ethereum, while at the same time, benefit from Tendermint’s PoS implementation. Also, because it is built on top of the Cosmos SDK, it will be able to exchange value with the rest of the Cosmos Ecosystem through the Inter Blockchain Communication Protocol (IBC).
Evmos is a proof-of-stake (PoS) blockchain that is compatible and interoperable with Ethereum. It was developed utilizing Cosmos SDK operating atop the Tendermint Core consensus engine.
Evmos allows for the operation of vanilla Ethereum as a Cosmos application-specific blockchain. Developers get desired features from Ethereum and also benefit from Tendermint’s PoS implementation. Since it is developed atop the Cosmos SDK, it can exchange value with other aspects of the Cosmos Ecosystem via the Inter Blockchain Communication Protocol (IBC).
Following a botched launch in March 2022, Evmos relaunched in April. The Ethereum Virtual Machine (EVM)-compatible, IBC-enabled blockchain launched in March following a short delay. The blockchain was then inundated by bugs and reports of users struggling to get their airdropped tokens. Following an attempted update, a security vulnerability arose and the blockchain's issues became significant enough for validators to halt the whole chain.
Evmos's founder, Federico Kunze Küllmer, said in an interview:
“We decided as a community of validators and on the core team to just take a step back and try it again once we have everything sorted out.”
December 16, 2021
It plans to launch in mid-January 2022.