Headlines are updated in real time. Click on a headline to the left to read the news.
Cosmos Hub, often referred to as "Blockchain 3.0", is a revolutionary project that aims to solve some of the most challenging issues in the blockchain industry. It offers an ecosystem of interconnected blockchains, aiming to provide a solution to slow, expensive, unscalable, and environmentally harmful proof-of-work protocols. Cosmos Hub's primary goal is to make blockchain technology less complex for developers and prevent fragmentation in the industry by enabling different blockchain networks to communicate with each other.
The origins of Cosmos Hub can be traced back to 2014 with the founding of Tendermint, a core contributor to the network. The Cosmos white paper was published in 2016, and a token sale was held in 2017. The Cosmos Hub, the project's flagship blockchain, is kept secure by ATOM tokens, which are earned through a hybrid proof-of-stake algorithm. These tokens also play a crucial role in the network's governance.
The total supply of ATOM tokens is very specific, at 260,906,513. As of now, about 203,121,910 of these tokens are in circulation. These cryptocurrencies are not mined; instead, they are earned through staking. Two private sales were held in January 2017, followed by a public sale in April of that year, raising a total of $16 million.
ATOM tokens can be purchased on various cryptocurrency exchanges. However, it's important to do your research and choose a reputable exchange that offers security and a user-friendly interface.
Cosmos Hub is primarily used to simplify blockchain technology for developers. Its modular framework makes it easier to build decentralized apps, while its Interblockchain Communication protocol enables different blockchain networks to communicate with each other. This prevents fragmentation in the industry and makes it easier for developers to create complex applications.
The Interchain Foundation, a non-profit organization of the Cosmos ecosystem, announced the release of the Interchain Accounts upgrade on February 17, 2022. This upgrade, the largest to the ecosystem since Stargate, enables Cosmos blockchains to connect with each other using a standardized protocol for Inter-Blockchain Communications (IBC) for the first time ever. With Interchain Accounts, users can stake, vote, swap tokens, and more on other blockchains. This upgrade serves the purpose of enabling composability in IBC, allowing innovation in distinct applications to be deployed without needing to upgrade the entire Interchain.
In recent Cosmos Hub news, the ATOM 2.0 proposal, which aims to position ATOM as the preferred collateral within the Cosmos ecosystem, has gone live for on-chain voting. However, the Cosmos community has voted against the latest ATOM 2.0 proposal, with 47.51% voting in favor of the proposal, 37.39% voting no with veto, and 13.27% abstaining.
Applications have opened for the 3rd cohort of the Interchain Developer Academy, a free, 7-week online training program for developers with at least three years of experience with object-oriented languages. The Academy is fully funded by the Interchain Foundation, providing free training for selected participants.
Developers have reported a critical security flaw in Cosmos Hub's IBC-enabled Blockchains. A security update was deployed to address this issue. Despite this, Cosmos Hub remains a strong player in the crypto market, with ATOM being one of the top cryptocurrencies to watch.
Other recent news about Cosmos Hub includes the completion of the first phase of Game of Chains on the Interchain Security testnet, the launch of ShadeSwap, a stableswap and DEX built with IBC compatibility, and the listing of Kava on Coinbase, which advances Ethereum-Cosmos interoperability. Despite these developments, the Cosmos Hub price today remains volatile, and potential investors should carefully research where to buy Cosmos Hub.
Headlines are updated in real time. Click on a headline to the left to read the news.
Cosmos Hub, often referred to as "Blockchain 3.0", is a revolutionary project that aims to solve some of the most challenging issues in the blockchain industry. It offers an ecosystem of interconnected blockchains, aiming to provide a solution to slow, expensive, unscalable, and environmentally harmful proof-of-work protocols. Cosmos Hub's primary goal is to make blockchain technology less complex for developers and prevent fragmentation in the industry by enabling different blockchain networks to communicate with each other.
The origins of Cosmos Hub can be traced back to 2014 with the founding of Tendermint, a core contributor to the network. The Cosmos white paper was published in 2016, and a token sale was held in 2017. The Cosmos Hub, the project's flagship blockchain, is kept secure by ATOM tokens, which are earned through a hybrid proof-of-stake algorithm. These tokens also play a crucial role in the network's governance.
The total supply of ATOM tokens is very specific, at 260,906,513. As of now, about 203,121,910 of these tokens are in circulation. These cryptocurrencies are not mined; instead, they are earned through staking. Two private sales were held in January 2017, followed by a public sale in April of that year, raising a total of $16 million.
ATOM tokens can be purchased on various cryptocurrency exchanges. However, it's important to do your research and choose a reputable exchange that offers security and a user-friendly interface.
Cosmos Hub is primarily used to simplify blockchain technology for developers. Its modular framework makes it easier to build decentralized apps, while its Interblockchain Communication protocol enables different blockchain networks to communicate with each other. This prevents fragmentation in the industry and makes it easier for developers to create complex applications.
The Interchain Foundation, a non-profit organization of the Cosmos ecosystem, announced the release of the Interchain Accounts upgrade on February 17, 2022. This upgrade, the largest to the ecosystem since Stargate, enables Cosmos blockchains to connect with each other using a standardized protocol for Inter-Blockchain Communications (IBC) for the first time ever. With Interchain Accounts, users can stake, vote, swap tokens, and more on other blockchains. This upgrade serves the purpose of enabling composability in IBC, allowing innovation in distinct applications to be deployed without needing to upgrade the entire Interchain.
In recent Cosmos Hub news, the ATOM 2.0 proposal, which aims to position ATOM as the preferred collateral within the Cosmos ecosystem, has gone live for on-chain voting. However, the Cosmos community has voted against the latest ATOM 2.0 proposal, with 47.51% voting in favor of the proposal, 37.39% voting no with veto, and 13.27% abstaining.
Applications have opened for the 3rd cohort of the Interchain Developer Academy, a free, 7-week online training program for developers with at least three years of experience with object-oriented languages. The Academy is fully funded by the Interchain Foundation, providing free training for selected participants.
Developers have reported a critical security flaw in Cosmos Hub's IBC-enabled Blockchains. A security update was deployed to address this issue. Despite this, Cosmos Hub remains a strong player in the crypto market, with ATOM being one of the top cryptocurrencies to watch.
Other recent news about Cosmos Hub includes the completion of the first phase of Game of Chains on the Interchain Security testnet, the launch of ShadeSwap, a stableswap and DEX built with IBC compatibility, and the listing of Kava on Coinbase, which advances Ethereum-Cosmos interoperability. Despite these developments, the Cosmos Hub price today remains volatile, and potential investors should carefully research where to buy Cosmos Hub.