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16762721 No.16762721 [Reply] [Original]

>> No.16762741
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16762741

>yea

>> No.16762957

>>16762721
bro if this hits 29k next month, i will believe the November typo was not a typo at all but 12D chess

>> No.16763487

>>16762721
Nice
>Hoax id

>> No.16763499

>>16762721
87.00 incoming

>> No.16763510
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16763510

OFFICIAL ATOM COPY PASTA

1st, watch this video:
https://www.youtube.com/watch?v=JOs__6jbRNs

Summary: Ethereum only solved 1/3 the problems with Bitcoin. Cosmos network (what ATOM was built for) solves this other 2/3 problem

https://www.youtube.com/watch?v=P3C_8NabWLo

Summary: General info on ATOM coin. He said 83 projects built with Cosmos, this has actually changed to over a 100 projects

ATOM is going to be bought out by a bunch of major banks like Ripple

https://www.youtube.com/watch?v=s5RsAEpESh0

How did Ripple make tons of money? It got bought out by a bunch of banks, so they could control like everything. And that is pretty much the goal of ATOM.
ATOM is a staking coin that gives governance to the Cosmos hub. ATOM is going to be worth a shit ton, because basically every major player (banks, exchanges) are going to want to own as much ATOM as possible to have largest governance
Binance is built with cosmos for this reason.
The end goal is ATOM wants to pull a ripple and be bought out by major banks for more governance
>shouldnt this centralization be vulnerable to attacks?
The Benefits outweight the Cons. Benefits include it being faster due to scalibility. And more cost effective since smol DPoS chain would not go through same security as majorr bank
https://blog.cosmos.network/consensus-compare-tendermint-bft-vs-eos-dpos-46c5bca7204b
https://medium.com/@juliankoh/5-differences-between-cosmos-polkadot-67f09535594b
>muh h4x0rs
Thats what makes cosmos an early adoption coin. Its making sure to patch up all security holes before adoption and being tested through the 100 projects
https://www.coindesk.com/tendermint-says-last-months-cosmos-vulnerability-exposed-security-loophole

>closing
Get ready for IBC release on Cosmos HUB in 2020!
https://blog.cosmos.network/the-3-phases-of-the-cosmos-hub-mainnet-fdff3a68c4c0