I'm very enthusiastic about it.
1) Can anyone tell me the roadmap of the project? What it would integrate?
2) Some people talk about the tokenomics and the lack of value of the token. Can you tell me about it?
3) When I look at cosmos it looks like a top 10 project with am insane potential. But why is not that up yet?
Sorry for bothering
Hey I'm not an expert or anything just been following for a few years now. For 1, the roadmap is on the cosmos website along with progress if you want to dig right in. Basically though it is the center of the ibc world as it is going to become the router for ibc transfers. 2 and 3 I can answer simply by saying I don't know. It is one of a few projects trying to accomplish roughly the same thing but this one is actually doing it and not just talking about it. Lots of things in this space don't make sense and aren't valued as they realistically should be (there's a literal Ponzi scheme meme coin in top 10 mcap and number 2 is probably the most expensive way in the world to possibly do any kind of transaction... What?) There is no hype, only steady growth. No celebrity tweets or law suits and FUD. No pump and dumps.
Thank you so much! I check the site and it looks amazing. But how the token gets its value? It is only used for governance? Isn't anything changing to give it value coming not just from governance?
DeX, bridge, interchain account, Interchain staking (shared security) and routing services are additional functionality for the hub
And the token would be necessary for all of that? I mean you use it for governance right now and you stake it. But do those think actually will need the usage of the token? Cause I read that everyone can buil on the cosmos interblockchain but they don't need to use the token. PS: English is not my native language. Hope I did express myself well.
No, the token is not necessary for most of that. Yes, everyone can build with IBC without the token.
So that's the big concern right? That's why the tokenomics isn't the best (how some say). But how can the token get value? Ok, governance by stacking and you receive like 10% apy. But one day we will get the total supply and then? I'm not expert as you can see. Just have some questions. Thanks btw
Yeah that’s the bit of it, the rest is speculation as with every other token. Will BTC remain a store of value? Will Ethereum actually figure out its proof of stake? Will people actually build on Cardano? Cosmos is probably the only blockchain that has completed its white paper, we are seeing things develop and the builders are busy building the things that will make the network useful. If you consider the idea of a hub and spoke network, the Cosmos Hub giving a central routing capability to all of the upcoming chains connecting to IBC instead of building their own individual bridges to each and every chain out there is a huge step forward. Even now, you need relayers to move funds with IBC from a chain to another, if or when the network blows up to the extent of Ethereum, gas fees will still be competitive but connecting to each chain in the ecosystem will be a tough ask for relayer systems. Additionally, with Interchain security, chains will be able to borrow the Hub’s security to validate their own chains which will only open the doors for people in the EVM environments wanting to move to their own sovereign chain with low fees. The vision is that people will use the hub for many reasons, currently it is already a fantastic on-ramp to access many of the tokens within the ecosystem. It will be just one of many chains, but perhaps the hub will be the most minimal and secure chain in the Cosmos providing feature sets to all the chains connecting to it.
Thanks Johnny B, it looks that has an insane potential. It looks like it could go to top 10 next year. But it's hard to find a great community on twitter, influencers or marketing. Do you know why?
Most of the people willing to talk about it get excited about the tech and start building real use cases for blockchain tech. I think a lot of it is happening under the surface of what you see. additionally Cosmos is probably the most decentralized networks out there, there is no CEO running the show and there haven’t been huge efforts to pay off YouTubers, bill boards or buy stadiums.
There are lots of groups on telegram that are active for cosmos, osmosis and many other ibc related things. For examples of active working projects within the ecosystem check out the 3 dex's, IRIS NFT (I don't know anything about nfts though), microtik
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