Stride adopts Interchain Security
Stride, the largest liquid staking protocol on Cosmos, has announced its adoption of Interchain Security. This integration is part of Cosmos Hub proposal 799, which received overwhelming approval from the Cosmos Hub governance community.
Main Breakdowns:
- Stride is the second blockchain on Cosmos to adopt Interchain Security.
- Block production responsibilities will shift from Stride’s validator set to the Cosmos Hub.
- Stride will now rely on staked ATOM for economic security instead of staked STRD.
- Stride’s security measures will align with those of the Cosmos Hub, which holds $2.3 billion in staked ATOM.
- Users can continue to stake STRD, earn rewards, and participate in on-chain governance.
Continued Sovereignty and Unchanged Features
The Stride team emphasizes that despite the adoption of Interchain Security, Stride will maintain its unique identity as a sovereign blockchain governed by the STRD token. Users will still be able to utilize Stride’s fundamental features, including liquid staking and inter-blockchain communication protocol, without any changes.
Hot Take
This integration showcases the growing importance of security and collaboration within the Cosmos ecosystem. By aligning their security measures with the Cosmos Hub, Stride aims to enhance the overall stability and trustworthiness of their network. The ability for users to continue staking STRD and actively participate in governance ensures a seamless transition and continued engagement within the Stride community.
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