Because anyone can connect a new zone to the Cosmos Hub, zones allow for future-compatibility with new blockchain innovations.The Cosmos Hub tracks numerous token types and keeps record of the total number of tokens in each connected zone.
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Tokens can be transferred from one zone to another securely and quickly without the need for a liquid exchange between zones, because all inter-zone coin transfers go through the Cosmos Hub.Creating a new zone on the Cosmos Blockchain Network makes it possible to plug any kind of blockchain system into the Cosmos hub and transfer tokens without the need for intermediary exchange.OMG and Cosmos recently announced that they have. holders and pegging them within their Ethermint VM Zone. can redeem their coins as fee tokens.
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In essence, holders of ETH will have the coins replicated in the EVM zone.The balances will then be pegged within the Ethermint VM zone.Camelot Cosmos: Coins Washed in Blood - Equipment and monetary matters for Camelot Cosmos.
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