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Cosmos, a lot is going on behind the scenes.

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3 years ago

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Worried about $Atom's lackluster performance in the last few weeks? I know, but don't lose sight of the bigger picture → a lot is going on behind the scenes. Here are the upcoming catalysts and major developments that could reignite the $atom and the whole #cosmos🧵👇
1️⃣ First and foremost: Replicated Security is almost here. The Lambda Upgrade proposal is in voting period with 99%+ "Yes" votes. This means by March 15th this feature will be live and the first consumer chains will be able to use it.
It undoubtedly represents a major step towards bringing an long-awaited value accrual mechanism to $Atom. Not only a positive impact in price, but stakers will also be getting rewards from every consumer chain launching. I believe this marks the beginning of a new era. twitter.com/maria_dedotfi/status/1630181974420643841?s=20
2️⃣ Top tier Projects launching: They're all built on the Cosmos SDK, feature cutting-edge technology, and are eagerly anticipated. - $SEI @SeiNetwork: The First Sector-Specific Layer 1. Built for exchanges. "Decentralised Nasdaq" twitter.com/TochiXYZ/status/1620780580400156672?s=20
- @Berachain → "A DeFi focused EVM-compatible L1 built on the Cosmos SDK, powered by Proof of Liquidity Consensus." twitter.com/corleonescrypto/status/1572599307202859009?s=20
@_gnoland → "Interoperable Concurrent Smart Contracts that scale by utilizing #gnolang" twitter.com/_gnoland/status/1575651587787145217?s=20
- @Neutron_org: First smart contract platform to launch as consumer chain. - @babylon_chain: Bringing Bitcoin security to Cosmos. - @Levana_protocol: Fully Collateralized Perps on Cosmos There are many, many more. Check this doc by @Thyborg_ → datastudio.google.com/s/vtTQknMfCq0
3️⃣ CELESTIA @CelestiaOrg The first modular blockchain. This one deserves a special mention because it's coming to change the rules of the game. It makes deploying a blockchain as easily as a smart contract taking scaling to the next level. Revolutionary tech. twitter.com/sanjaypshah/status/1597628581278281728?s=20
Contratry to monolithic chains, in a modular chain functions are spread accross various layers: Execution, settlement, consensus and data avalability. Incentivized testnet participants have been selected. Mainnet is coming in 2023. Token confirmed. twitter.com/CelestiaOrg/status/1630622331952574464?s=20
4️⃣ @DYDX (chain) One of the top perp dexes in volume and users. It's currently undergoing a migration to its own blockchain within the Cosmos ecosystem, using tendermint and cosmos sdk. One of the most bullish outlooks for #Cosmos and $atom in full display → the appchain thesis twitter.com/lucasw99/status/1621634292840386561?s=20
5️⃣ Finally, what better indicator of progress being made behind the scenes than devs. Despite being overlooked in CT, #Cosmos It's a top three ecosystem in dev count. The truth is, the ecosystem is highly dynamic and growing with new projects emerging regularly. twitter.com/archwayHQ/status/1630697367824396289?s=20
6️⃣ Honorable mentions that deserve its own thread: - Mesh Security coming - IBC connections increasing - Solana EVM integration What else do you think can make Cosmos ignite?
If you see value a RT is much appreciated. Cc. @DaveCosmonaut @L1am_Crypto @RobbStack_sats @johnniecosmos @maria_dedotfi @crypto25807202 @Thyborg_ @Cryptocito @CryptoDanvans @CosmosATOMDaily @iCosmosQueen @CryptoStreamHub
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Estak

@CryptoEstak

Navigating the cryptoverse while it's still early. Writing my thoughts one at a time.