Preethi Kasireddy

Bitcoin took off because it preached Ideology. Ethereum took off because it preached Practicality.

The fallacy is in thinking one is RIGHT and the other is WRONG. A new social construct needs BOTH.

Cosmos fundamentally believes that it’s impossible to get everyone to agree on a single set of rules to govern a world-wide economic network. This is already evident in the real world where you see multiple forks of Bitcoin being created because of philosophical and political disagreement. On the other hand, in Ethereum’s case, we’re seeing that stakeholders can’t agree on the right form of governance or have a tendency to resist formal governance, which can be counter-productive and slow down the progress of development.

Cosmos tries to solve this by enabling interoperability among many sovereign blockchains, even and ESPECIALLY if they have different governance policies. Therefore, social AND economic scalability is one of the core value props of Cosmos. It give its users and developers the ultimate freedom and potential for permissionless experimentation.