Hello, is there an admin here who can answer a

Question

Cosmos Network ~ $ATOM

AlPudgino

Hello, is there an admin here who can answer a

few questions?

#atom #blockchain #cryptocurrency #english

0

01.11.2021

6 ответов

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AlPudgino Автор вопроса

Just finished reading the whitepaper and docs on the site. All seems pretty cool. Really have one main question: how is the value captured of the cosmos ecosystem/SDK back to ATOM? Is there some fee to use the cosmos SDK to build an app specific chain? what's the business model?

0

01.11.2021

AlPudgino Автор вопроса

Jazz
ATOM is the native token of the Cosmos Hub. Hub is...

I understand that cosmos is creating value, but I am unclear on how that value is captured back to ATOM. For example, I'm on the SCRT network, but the gas token is NOT ATOM - it's SCRT. So how is the value that Cosmos is bringing captured back to ATOM? For example, is SECRET paying Cosmos something to live in their ecosystem and that goes back to ATOM holders?

0

01.11.2021

Jazz

AlPudgino
I understand that cosmos is creating value, but I ...

Shared security, IBC routing, GDeX, bridges to other ecosystems etc...

0

01.11.2021

AlPudgino Автор вопроса

Jazz
Shared security, IBC routing, GDeX, bridges to oth...

Can you explain how value is captured back to ATOM? For example, you say bridges. But SECRET has its own bridge to and from eth, has nothing to do with ATOM as far as I understand?

0

01.11.2021

Prometheus Zeus

AlPudgino
I understand that cosmos is creating value, but I ...

That’s the difference to other “single” chains. Cosmos was focusing on delivering an SDK which can be used by everyone to build its own blockchains and second focusing on IBC to let this chain connect to each other. Now they put focus on increasing value for the Cosmos HUB as the first white paper is done. The value comes with the above mentioned use cases + AIRDROPS. If you go back to January, take the Atom price, add Juno and Osmosis to it, you have easily a 10x 😉

0

01.11.2021

Jazz · Accepted Answer

Jazz

AlPudgino
Just finished reading the whitepaper and docs on t...

ATOM is the native token of the Cosmos Hub. Hub is the first interconnectable blockchain in the Cosmos ecosystem. Much like the BTC is the enabler of crypto, Cosmos is the enabler of the interconnectivity so it's already creating a massive amount of value to its ecosystem. The end goal of Cosmos hub is to provide infrastructure needed for interconnectivity to work as seamless as possible with Hub acting as a router for IBC transactions and to provide security to thousands of cosmos chains via Interchain staking feature.

0

01.11.2021

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