Delphi Digital has shifted the emphasis of its Delphi Labs to the Cosmos ecosystem

As part of Delphi Digital’s core ecosystem study to give a new focus to its R&D arm, the firm has selected Cosmos over Ethereum as it thinks the latter is too slow and expensive.

Crypto research firm Delphi Digital has lifted the emphasis of its research and development (R&D) protocol arm Delphi Labs to the Cosmos ecosystem.

Delphi Labs is Delphi Digital’s protocol R&D arm, with a team of around 50 intended at raising “Web3 primitives.” The R&D arm had formerly been focused on researching and developing protocols on Terra but was forced to look into other ecosystems following its collapse in May. 

Delphi Digital is an self-governing research and investment firm created in 2018 that provides institutional-grade analysis of the digital asset market, which set up its Labs wing in 2021. 

In a comprehensive report published on September 8, Delphi Digital said that its team analyzed various blockchain ecosystems and determined which one best suited its needs, especially for decentralized finance (DeFi), but ultimately decided on the Cosmos ecosystem.

but ultimately settled on the space ecosystem. . Describing it as an “ecosystem of executable blockchains,” Delphi Labs decided that Cosmos was the perfect ecosystem to focus its research and development on. This indicates Cosmos’ ability to benefit from growing application chains and cross-chain interoperability.

Describing it as “an ecosystem of interoperable blockchains,” Delphi Labs decided that Cosmos was the perfect ecosystem to focus its R&D on. It indicates Cosmos’ ability to benefit from an growing number of app chains and cross-chain interoperability as major positives.

Despite the fact that the ecological system is slightly low compared to competitors like Ethereum, the firm also described speed, chain liquidity, decentralization, cross-chain interoperability, technical maturity, and code portability as key factors in its decision to back Cosmos.

Delphi Digital suggested that despite most TiFi programs being placed, the speed and cost of using the original Ethya layer, are the main forms of black as a user experience.

Ethereum hosting the majority of DeFi apps, the speed and cost of using the Ethereum base layer is the main drawback of the blockchain, resulting in a poor user experience.

The report distinguished that rollups permit Ethereum to overcome this issue but sees interoperability between chains and outages or latency issues as major problems.

In the report Polygon (MATIC), Optimism (OP), Starknet (STARKNET), Cosmos (ATOM), Avalanche (AVAX), Solana (SOL), Polkadot (DOT), Near (NEAR), and Celestia (CELT) were all, with Cosmos scoring the highest overall.