Coreum

Scalability and Interoperability

Coreum aims to process up to 7,000 transactions per second and is supported by notable validators like Cosmostation, Huobi, and Citadel One. The network is built on the Cosmos SDK, leveraging Byzantine fault tolerance and the Tendermint consensus engine, utilizing a bonded proof-of-stake consensus mechanism. Coreum focuses on achieving scalability through sidechain research and development. To enhance interoperability with other Cosmos-SDK-based chains, Coreum utilizes the Inter-Blockchain Communication Protocol (IBC), enabling seamless interactions between enterprises using Coreum and other chains.

Adoption and Ecosystem

Coreum actively supports projects within its ecosystem and has provided grants to companies such as Zeeve, Telios, D’Cent, Stably, Common, and Amber. The platform has also launched its second wave of grants for projects leveraging its Smart Token technology. The development of Coreum was based on the Sologenic Tokenization Technology, which allows trading of stocks and ETFs on the XRP Ledger. Sologenic will integrate with Coreum, enabling users to hold and trade fungible and non-fungible assets on both platforms.

Roadmap and Future Plans

The Coreum roadmap outlines several key milestones and developments. In Q3 2023, the focus is on implementing a decentralized exchange (DEX) with features like order submissions and a synthetic order book. Moving to Q4 2023, Coreum aims to introduce the Inter-Blockchain Communication Protocol (IBC) for on-chain native interaction with the Atom Token. By Q1 2024, the roadmap includes plans for advanced DEX functions such as One-Cancel-Other (OCO) orders and Trailing-Stop Orders. Additionally, Coreum aims to provide IBC support for other blockchain networks including XRPL, Ethereum, Solana, BSC, and Bitcoin.