Hello, I'm curious to know if there are proposals to

Question

Hello, I'm curious to know if there are proposals to

use Atom as gas for every transaction on the cosmos hub which includes individual Blockchains within the cosmos ecosystem?

Like Erc20 tokens within the Ethereum blockchain uses ETH gas for transactions or any activity within its ecosystem.

This will add a tremendous boost to the Atom and Cosmos ecosystem which will automatically affect the utility, transactions and value of the project.

Any, any thoughts with regards to this??

#atom #blockchain #cryptocurrency #english

0

18.11.2023

8 ответов

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Cryptic Stone® Автор вопроса

Poll
I had the same idea but I think it can't be done b...

As well as Ethereum right?

0

18.11.2023

Cryptic Stone® Автор вопроса

No token built on Ethereum blockchain does better in terms of performance, transactions, utility, demand, value compared to Ethereum mostly because they had to use ETH as gas on every transaction. Cosmos/Atom should replicate this in their ecosystem.

0

18.11.2023

Max Power

Most larger chains already accept atom for network fees. Also, cosmos chain has zero power to decide what can and cannot be used for fees on other networks. It's fully up to each IBC chain to decide this.

0

18.11.2023

Te Chhaoming តែ ឆាវមីង

Max Power
Most larger chains already accept atom for network...

do u think atom halving will past?

0

18.11.2023

Cryptic Stone® Автор вопроса

Max Power
Most larger chains already accept atom for network...

Thanks I hope that can be changed or included in the algorithm.

0

18.11.2023