Cosmos Ecosystem's Scalability Protocol Saga Prepares for Phase One

According to Foresight News, the scalability protocol Saga of the Cosmos ecosystem has announced that its mainnet is ready to enter its first phase.

This phase will involve the launch of a security chain and a gateway platform chain to ensure safety and stability.

Following the first phase, the mainnet will progress through stages two to six.

The second phase introduces an intermediate step involving a basic subset sharing security, establishing a connection between the security chain and the platform chain.

The third phase involves chainlets receiving shared security from the platform chain.

The migration process begins in the fourth phase, transitioning from the Saga-operated platform chain to a set of external validators.

This stage marks the first time external validators participate in running the platform chain.

In the fifth phase, all 21 validators run the platform chain, and all chains are run by these validators.

The sixth and final phase marks the activation of slashing, introducing a mechanism to penalize validators for improper behavior. $ATOM $OSMO

#BinanceLaunchpool $saga