
MrLouka (🐝,🦇)
1.2K posts

MrLouka (🐝,🦇)
@Loucachevsky
Dental Surgeon / Cosmos Lover








Cosmos leadership changed their license of a critical component that will prevent Akash from: - Deploying it in production - Using it commercially in any way - Offering it as a service to third parties Meaning, we cannot use Cosmos without an enterprise license from Cosmos Labs. When we announced that Akash is moving to a shared security layer, we thought we would still keep some Cosmos integration (at least in terms of interoperability). These hostile licensing terms effectively make it impossible for Akash to stay in Cosmos -- one of the worst things that came out of the leadership team that will kill $ATOM.



We’ve updated the Cosmos Hub proposal based on validator and community feedback. The biggest change: no new ATOM mint. Any ATOM required beyond the Hub community pool will now be sourced over time using protocol revenue from the DEX, which will be used to purchase ATOM on the open market to fund OSMO → ATOM conversion. This introduces a performance-linked component, where a portion of the acquisition is funded over time through realized protocol revenue — while simultaneously creating open-market demand for ATOM. Total acquisition size remains bounded at < 2.5% of ATOM supply. forum.cosmos.network/t/proposal-dra…




INTEL: Bank of Japan will test settling central bank money on a blockchain between financial institutions










