Blockchain

Cosmos Crypto News: Cosmos Hub ATOM Will Be FORKED? What Now?



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– Cosmos Hub via ATOM Accelerator DAO

Timestamps
00:00 – Introduction
00:24 – Cosmos Hub prop 848
02:22 – Correlation between bonded ratio and inflation
03:47 – Jae Kwon’s points
06:14 – ATOM 2.0 and ATOM One Constitution
08:40 – ATOM One proposal explanation
13:10 – Cito’s thought
16:18 – Celestia update

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29 Comments

  1. Been in the ecosystem for years now, and all the airdrops we supposedly get are mostly a joke. Stakers of Atom get pretty much jack shit unless they jump through hoops to claim them, and that's if you know where or how to claim them. Staking doesn't give you anything. When you say crap like atom stakers get airdrops, I don't know what you are talking about. Unless you are running after them and checking off multiple things to claim them, atom stakers do not get airdrops. By staking Atom, you MAY be eligible for an airdrop, but you need to claim it and probably won't get it unless you do a bunch of other things to qualify for it. Staking Atom does not qualify you for the majority of airdrops.

  2. Excellent video. I think you should start using Coin Market Cap when discussing ATOM's crypto ranking because it is in 22nd place there. For some reason CoinGecko is not counting about 100 million ATOMs in the circulating supply and their MC is significantly lower. CMC has 3.5B market cap for ATOM. On FDV 2030 basis, ATOM is even higher ranked at 14 (if exclude the stablecoins) because FDV is $6B+ given ATOM's inflation levels (this number accounts for the recently passed inflation cut, prior to the cut FDV was 9B).

  3. Jae knows that if he launched AtomOne, every Atom holder will just dump it and get more Atom. That is why he is not launching it.
    Probably a similar reason why he has not launched GNO even though he promised to launch beginning '23.

  4. ATOM Undervalued ? HOW ? how you value useless meme ? Market say what is the value, after so many years it's perfectly valued and keep bleeding into real cosmos players

  5. Why any project would put at risk their chain by using Atom as security? It is plain stupid. I go buy tia sei or akt and secure that network by staking. Would not touch Atom with a stick. If any of those ptotocols use Atom meme to secure own network im out instantly from that network. Lets stop with this copium and move on in bull with coins that does something. Whales made up stories to dont lose exit liquidity before they sell.

  6. Love the video Cito. Do you have any knowledge of Cevmos? Is that partnership still happening? I first heard of Celestia from your early videos

  7. You forget the love Cosmos community has for airdrops! with a fork they will get the same amount on the new chain. Greed will make it work and ALL the voters on Proposal 848 will more than happily validate on the new chain

  8. <Great transmission, as always. I appreciate the no-nonsense approach you take to the news and the markets. A lot has changed and that's about it ,but the truth is that I don't even care much about the bull or bear market anymore because Aaron. covered me while I'm doing comfortable. 2.3 BTC per month.

  9. With all due respect, I think you underestimate what may happen by a large margin ! Jae might be creating the first on-chain organization of a political party WITHIN atom, with its own self-governance token atom1. Surely the odds to replace the Hub's ICS are unlikely but what he created is a blueprint to fork the hub on demand. Creating hubs all over the place, each with their own mix, but all secured by their own lstATOM via the LSM. We may just have created ATOM as a prime collateral for SaaS. Security hubs with their own validator sets (even out of the Hub's set) each zone offering atomic tx between the participants. 101 for rehypothecation of money. He might have intiated what you guyz try to create for years ! How ironic ! Anyway one thing is for sure, this is far bigger than just a political party or divided opinions !

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