'Cosmos Hub and Interchain Security—AMA Recap with Billy Rennekamp' by cosmos cosmosnetwork blockchain
AuthZ provides any Cosmos account with permission to access other accounts in order to execute messages on their behalf, allowing the control of multiple accounts with different permissions to enhance the security and user experience within the ecosystem. FeeGrant lets one Cosmos account pay gas fees for a different account, helping developers facilitate onboarding methods where users can verify themselves and receive fee tokens to test applications, amongst other useful configurations.
Interchain Security also allows for more options to be provided around the blockchain design space. For example, the more features and modules that run on a single blockchain inherently make the chain more prone to attacks or bugs. A successful attack on a DEX, bridge, or other modules could bring the entire Hub to a stop.
Liquidity staking derivatives are another hotly-anticipated feature, one possible implementation is made possible by Interchain Accounts, an IBC-based protocol allowing for an entire blockchain to control an account on a separate chain. “I’ve always been a huge fan of the work being done around Interchain Accounts.
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