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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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16763388 No.16763388[DELETED]  [Reply] [Original]

wtf happened to BRAP token?

>> No.16763400
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16763400

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

>> No.16763404

It poofed

>> No.16763409

Imagine the smell

>> No.16763423
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16763423

>>16763388

>> No.16763852

Basically things were going pretty well despite the guy who started it (Xander) being completely retarded and minting way too many tokens and refusing to burn them. Then Xander had a schizophrenic breakdown and completely ruined everything the community was doing. So the devs left to start their own project and Xander was microwaving his head when he wasn’t in and out of mental hospitals. Then Xander burned his tokens by losing his cold wallet and microwaving his laptop. After that some braphog named Vayla took over and got together with the old devs with hers. They’re working on a platform and have banned Xander from the project.

>> No.16764417

>>16763388
Checked. But it is being revamped. A new website will be out in the next few days and a DEX in a few weeks.

>> No.16765369
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16765369

>>16763400
Cosmos is simply made obsolete by Algorand. There is no reason for anyone to use Cosmos when they can simply use Algorand instead.

>> No.16766307

>>16763388
Apparently it’s getting listed on coin metro

Btw, got a sauce on that Albanian looking thot op?

>> No.16766381

>>16765369
Tezos makes them both obsolete. Algo has shit tokenomics and is a vc scam while cosmos is pretty centralized, but at least it has many projects built on it and solid tech

>> No.16766824

>>16763388


Not /biz/ but...I hate that ugly rat-faced dyke. She ruins every video she's in, and she's in way too fucking many of them.