Neutron is a cross-chain smart contract platform which has integrated the Cosmos Hub's Replicated Security (RS) feature. Built on the Cosmos SDK and CosmWasm, Neutron facilitates interoperability across the 51+ interconnected blockchains in the Cosmos network. This framework is designed to offer developers a secure environment for developing smart contracts and decentralized applications (DApps).
Key Features of Neutron
- Interchain Security: Neutron employs an Interchain Security feature, aligning with 175 validators and staking approximately 186M ATOM. This mechanism allows the Provider-Chain's security protocols to produce blocks for Consumer-Chains.
- Interchain Orientation: Neutron supports the Inter-Blockchain Communication protocol (IBC), Interchain Accounts (ICA), and Interchain Queries (ICQ). These are intended to enhance communication within the IBC framework and introduce operations such as interchain liquid staking and cross-chain collateralization.
- Permission-less Framework: Neutron operates on a permission-less foundation, meaning it's designed to allow anyone to deploy code and participate in the Interchain economy.
Recent Developments
In May 2023, following approval from the Cosmos Hub community, Neutron launched its mainnet. This platform was developed with the intention of simplifying the deployment of smart contracts and DApps on the Cosmos Hub.