tendermint horizontal scaling model is being adopted by chinese gov , the future of the blockchain space is in the multi chain approach.
ethereum monolitic unscalable mess is being abandoned by many projects, more will follow after cosmos EVM is launched.
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alibaba comparing itself to cosmos, seem quite a big endorsement to me
SENT is the one with the most upside potential without doubt. I have a tonne of ATOM and am slowly transferring out of ATOM and accumulating SENT as the fundamentals are looking better each day. Some of the top Cosmos devs are working on SENT as it will be the security layer for the entire ecosystem.
their proposed "domain name" system can actually be built on top of IBC, doesn't need a whole new protocol.
I was not aware of this. Which is better to buy on, Hotbit or HitBTC? I have heard good things about both, I think HitBTC is a bit more OG like Kraken
this is another example of tendermint chains integration, LINK and IRIS partnership is a huge step for tendermint ecosystem
Tendermint seems to be taking over or Influencing a lot of governments and companies. Facebook's libra for example. So why isn't ATOM worth more, what's the deal?
Fantom
yeah absolutely there is some cosmos projects that are doing this already
weak hands are being shaken out, also keep in mind that it opened at x60 ico price, weak ico holders need to be bought out before true moon.
a second factor is that cosmos true vision is possible only after the interblockchain communication system (IBC) is launched , right now the incentivized testnet competition has just finished so IBC will be deployed on main net in the next months.
cross chain capabilities will pump the shit out of cosmos
more people will notice cosmos after ethermint cosmos module is deployed on main net, it will be a faster cheaper less bloated version of eth, many projects are already switching and many more will follow
eth UX is an absolute nightmare for normies, no way normal people will be able to learn how to manage gas limit gas price network congestion while being forced to use multiple tokens cause eth allows to pay transactions fees only in eth.
thats why project like SENT decided to switch away from ethereum to have their own multi token tendermint blockchain with cross chain capabilities
SENT has won the game of zones ibc testnet, they have amazing devs
Fantom
they won by writing their own custom relayer
I think they even won the previous competition game of stakes, sent has written a lot of code that got merged into cosmos
Sentinel's Contribution to the Cosmos SDK
1. Fixed an issue the In IBC prototype where there were problems with incorrect sequences in the process of relaying transactions between chains. github.com
2. Fixed an issue relating to queries where the data doesn't have proofs github.com
3. Fixed an issue which led to a block delay in querying the account, implemented a new query method to resolve the delay. . github.com
4. Reported the wrong implementation of Private key and Public key interfaces and proposed the best method to implement. For the full description check github.com
5. Requested and suggested a way to develop a solution to get the information (including time remaining) related to blocks that had yet to be synced. For the full description github.com
Tendermint based modules developed for Sentinel's Tendermint dVPN app
6. For Sentinel, creation and implementation of a deposit module, custom built to maintain status pertaining to locking of tokens. github.com
7. For Sentinel implemented a mechanism for locking and releasing tokens based on the application requirements, wherein this case the user had to lock tokens in order to initiate a DVPN subscription github.com
these are the most recent ones
sorry but tendermint multi chain approach is the winner, nobody cares about single chain virgins
All these commits are in preparation for SENT main net which should come q3 this year, i expect sent price to grow leading to the token swap, after that most of the tokens will get locked into staking like on cosmos.
Atom opening price was very high thanks to staking
staking for sure is a nice way to create value for a token, but the interesting thing is the custom incentives projects can build into the chain itself, i think SENT will have lots of secondary utility functions to burn or lock as many tokens as possible
doesn't matter if single chain shills don't learn ,horizontal scaling will show itself as the only viable solution, what incentives devs have to build on a third party chain that will capture part of the value they produce , when they can build their own chain , get all of the financial value and have a easier time coding cause you don't have to make compromises cause of ethereum limitations
COSMOS TOP 5 2021
look at tezos, nobody wants to build on it, it had an amazing pump and it will probably pump more, but nobody believes the chain will get used by developers.
in few months it will be clear that devs prefer easier developing enviroments like cosmos sdk
And all ethereum top projects will switch to cosmos
SENT and COSMOS are the future
Interoperability is the name of the game 2020 forward, join the cosmos or burn out a brainlet dwarf star,
brainlets need to recognize the gravity
speculators will move away from eth after people that eth 2.0 phase 0 has no impact and no features that will actually scale the chain.
DEFI will end up on cosmos cause of the staking derivatives
blog.chorus.one
SENT is already on Cosmos fag.
Defi + staking will give birth to godlike ponzies
Sent is not an eth project retard
Chill out Rankesh.