What is going into the #Cosmos Whitepaper 2.0? @Gnomeskiii sharing some alpha and exciting things coming up.
Keep in mind this is still early and will also go through more iterations and eventual governance vote. mini-🧵
#CosmosEcosystem @interchain_io #IBCGang
Keep in mind this is still early and will also go through more iterations and eventual governance vote. mini-🧵
#CosmosEcosystem @interchain_io #IBCGang
@Gnomeskiii @interchain_io 2/
TLDR; A lot of stuff is coming up!
Most of these things were only hinted at, but when you just read through the list it is easy to get excited.
- Monetary policy for ATOM
- Better funding of public goods
- Interchain Services!
$ATOM will get vaaaaalue @cosmoshub
TLDR; A lot of stuff is coming up!
Most of these things were only hinted at, but when you just read through the list it is easy to get excited.
- Monetary policy for ATOM
- Better funding of public goods
- Interchain Services!
$ATOM will get vaaaaalue @cosmoshub
3/
ATOM monetary policy: "Hub as Fund"
This can allow the @cosmoshub to not just fund development, but actually act as a fund that can invest! It means $ATOM holders can get real upside from the things it funds.
ATOM monetary policy: "Hub as Fund"
This can allow the @cosmoshub to not just fund development, but actually act as a fund that can invest! It means $ATOM holders can get real upside from the things it funds.
4/
ATOM monetary policy: "Sound money"
I am not 100% sure what this will mean, but my guess is a tokenomics upgrade of some sort. With @buchmanster as part of this, I am confident we will see something amazing coming up!
ATOM monetary policy: "Sound money"
I am not 100% sure what this will mean, but my guess is a tokenomics upgrade of some sort. With @buchmanster as part of this, I am confident we will see something amazing coming up!
5/
Public Goods: Going beyond ATOM funding
This is also one of the things that were not detailed a lot but seems super interesting and very important for the #CosmosEcosystem going forward.
In my opinion, this is the main reason we have all the #Cosmos chains we have.
Public Goods: Going beyond ATOM funding
This is also one of the things that were not detailed a lot but seems super interesting and very important for the #CosmosEcosystem going forward.
In my opinion, this is the main reason we have all the #Cosmos chains we have.
6/
Interhcain services: Multi-hop Routing
Think of the internet. If we didn't have routing between subnets we would not have the internet we have today. As the #CosmosEcosystem and #IBCGang continues to grow we will need to solve this.
Interhcain services: Multi-hop Routing
Think of the internet. If we didn't have routing between subnets we would not have the internet we have today. As the #CosmosEcosystem and #IBCGang continues to grow we will need to solve this.
7/
Interchain services: Relayer incentives
Yes! Relayers are the hidden heroes of the #IBCGang. Cross-chain would not happen without them, so making sure they get rewarded properly is important! They are operating at a loss at the moment. :((((
Interchain services: Relayer incentives
Yes! Relayers are the hidden heroes of the #IBCGang. Cross-chain would not happen without them, so making sure they get rewarded properly is important! They are operating at a loss at the moment. :((((
8/
Interchain services: Protocol controlled value
Not sure, but this makes sense and seems to vibe well with some of the previous points, as well as Interchain Accounts (any protocol/chain could own assets and value cross-chain!)
Interchain services: Protocol controlled value
Not sure, but this makes sense and seems to vibe well with some of the previous points, as well as Interchain Accounts (any protocol/chain could own assets and value cross-chain!)
9/
Interchain services: Interchain security
Well duh. This is the big one we are currently waiting for. Looking forward to getting Cross Chain Validation into the whitepaper.
Interchain services: Interchain security
Well duh. This is the big one we are currently waiting for. Looking forward to getting Cross Chain Validation into the whitepaper.
10/10
Conclusion: There is so much exciting stuff coming up for the #CosmosEcosystem, #IBCGang and @cosmoshub. Can't wait to see this in writing and dive into all the details!
#Cosmos @cosmos #CosmosKorea #buidlasia
Conclusion: There is so much exciting stuff coming up for the #CosmosEcosystem, #IBCGang and @cosmoshub. Can't wait to see this in writing and dive into all the details!
#Cosmos @cosmos #CosmosKorea #buidlasia
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