Now Validating For The Kujira Testnet Built on Cosmos SDK
We at carbonZERO are proud to be running a testnet validator for the new upcoming Kujira blockchain that is being built on the Cosmos SDK. We want to talk a bit about what Kujira is and why we are so excited to be getting in on the ground floor as an eco-friendly validator!
What is Kujira
Kujira aims to be the next step in the DEFI evolution. As a matter of fact on their website they claim to be 'Grown up DEFI'. They began their project originally building on the Terra blockchain until the recent meltdown and halting of the chain.
At that point, they had 2 options, to build on another L1 chain, or to create their own. They decided to go with the ladder option and build their own chain using the Cosmos SDK! They opted to go this route so they would have complete control over the protocol design to avoid any pitfalls and limitations from dealing with other blockchains.
Semi-Permissioned
Things work a bit different in the Kujira ecosystem. According to their website, in order for a contract to launch on blockchain, it needs to be voted in via governance proposal and vote. This ensures that the quality, sustainability and longevity of the network are protected. This is different than many other L1 DEFI chains like Ethereum, Binance Smart Chain, or Avalanche, where anyone can spin up a smart contract and build a front end to interact with it. This creates a tighter circle of well running applications that will have a much bigger chance of bringing true value to the ecosystem.
On Chain Scheduler and Native Tokens
According to their website, Kujira has some really great native features due to the abilities of the Cosmos SDK and the CosmWASM 1.0 support.
One is their on chain scheduler. This allows protocols to be designed and built with much less of a reliance on bots, which means there are far fewer wasted transactions. Protocols will be able to operate far more efficiently, and fees which were once required to incentivize bot usage can go back to the users of the network.
Another awesome feature is the ability to create native tokens! Developers do not need to handle two different individual entry points into their smart contracts. They will only need to design for a native denom. By doing this, every token on the network will be a native Cosmos token, and associated liquidation and trading revenue (with more to come) will all accrue to KUJI token stakers. Meaning that there will be some extra benefits for staking the KUJI token!
Upcoming Apps And Platforms
The Kujira team has already been working on some really awesome applications, but because of the change over to their own L1 chain, are not exactly operational at the moment.
You can get an idea of what they are building at the main website
The ORCA application is the world's first public marketplace for liquidated assets! This gives anyone the chance to be able to bid on their favorite assets and possibly get them at a discount!
The FIN application is the future of the DEX. They say that liquidity pools are already old and out of date. So FIN is being built to create a fully decentralized trading experience where the need for inflationary incentives and bots are no longer required, and the risk of impermanent loss falls away entirely. After recent events, this is something that can be a game changer in the markets!
The BELUGA application was built to solve the issue of sending to multiple recipients in one transaction. Once this is complete it will have aspects of a DAO and will let users be able to combine many transactions into one.
Finally the BLUE app is your KUJI dashboard where all the staking and governance voting will take place.
And this is just the start!
In Conclusion
The fiasco with the Terra chain caused issues for not only investors but for many developers as well. We are excited that the Kujira team has decided to create their own L1 chain and we are extremely proud to be apart of the validator set from the ground floor on the testnet!
For more information on Kujira, check out
They have a Linktree as well at:
And you can follow them on Twitter:
https://twitter.com/TeamKujira
Header image taken from the Kujira Twitter page
We Are carbonZERO
carbonZERO is a full service, eco-conscious validator node operator for the Cosmos ecosystem, providing infrastructure for several blockchain in the Cosmos ecosystem. We run top of the line bare metal servers, utilizing 64GB RAM, 1TB NVMe SSDs, and 8-core / 16-thread CPUs. Our node architecture consists of frontline sentry nodes for ultimate security. Future plans for additional security & performance include implementing threshold signer nodes, as well as additional sentry and RPC nodes.
Stake your $CMDX, $ROWAN, $HUAHUA, $CRBRUS, and $NOM with carbonZERO using our Restake app!
https://restake.carbonzero.zone
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