How Rome enables Cosmos
Last updated
Last updated
Rome Compose Cosmos with Solana Rome facilitates the integration of Cosmos assets into the Solana ecosystem through a robust multi-signature wallet managed by a relayer. This process starts with the user sending their Cosmos asset to this wallet, preparing it for interaction within the broader Solana environment.
Rome Enhances the Scalability of Cosmos Transactions Utilizing Solana's high throughput and low-cost transaction framework, Rome boosts the efficiency of Cosmos transactions. This scaling solution is essential for accommodating increased transaction volumes and complex operations, enabling Cosmos assets to perform optimally within the Rome ecosystem.
Asset Transfer: Users initiate the process by transferring their Cosmos assets to a securely managed multi-signature wallet. This step ensures that assets are safely held while waiting for further processing.
Verification by Relayer: A critical step where the relayer confirms the locking of the assets in the wallet, maintaining the security and integrity of the entire operation.
Token Minting on Rome L2: Once the assets are verified as locked, Rome mints tokens on its Layer 2 platform. This mechanism leverages the liquidity of Cosmos assets while accessing Solana's enhanced capabilities.
User Activities on Rome: With the newly minted tokens, users can trade or interact with decentralized applications (DApps) on the Rome platform. This stage exemplifies the composability of the system, allowing for seamless integration of Cosmos assets into a dynamic and scalable ecosystem.
Burning Tokens: Users can revert their digital tokens back to native Cosmos assets through a burning process, which must be confirmed for further action.
Asset Release: After successful confirmation, the assets are unlocked from the multi-signature wallet and returned to the user's wallet, completing the cycle of integration and utility.
