Looking deeper in to the Cosmos, investors are likely to get more bullish. Tendermint, the Cosmos algorithm is all set to unleash IBC to provide for true interoperability and to ultimately wrap it in to the Cosmos SDK.
Governance Proposal #34 is known as the LUNA mission. It is set to facilitate funding for ATOM awareness. This proposal has currently passed with 74%. About 129,208 ATOM is set to be used to increase awareness on the value proposition of ATOM and the Cosmos Hub.
Governance Proposal #35 is in the voting period. The Cosmos Hub Validators are preparing for the Stargate upgrade. Further, Node operators were encouraged to choose the latest version of Gaia when doing the Stargate Upgrade instead of Gaia v3.0.0.
Several security releases are also out. And, these are targeted at chains running on Cosmos SDK v0.40 & Tendermint Core v0.34.0-v0.34.2. The Cosmos Hub is not affected by these security releases.
For clarity, Althea are enabling automatically competitive internet access by empowering anyone to become an ISP. Althea recently announced the Gravity Bridge which is an Ethereum cosmos Bridge for the Cosmos Hub
Billions of dollars of ATOM is staked in the Gravity Bridge which is set to be the most secure, efficient, and decentralized cross chain bridge to Eth. Althea are set to
Cosmos (ATOM) Advancing R & D
For clarity, Interchain Foundation is set to promoting and advance R&D in Open, Decentralized Networks with particular focus on the Cosmos Network, official account of the Interchain Foundation (ICF).
The ICF has a very professional and conservative asset management approach to provide for sustainable capital deployment for the Cosmos project. Operational liquidity is important for this process. Since 2017, full financial audits has been happening in the foundation.
As mandated by Swiss law, the audit reports are filed with the Swiss Federal Supervisory Authority for Foundations. The ICF are completely compliant with all regulations and requirements. ICF are striving to provide for the highest expression of the cosmos potential.
Cosmonauts are happy about the developments taking place in the Cosmos Ecosystem. For those who are new to the ecosystem, there are a wide variety of apps and blockchains built with @Cosmos technology by developers and contributors from across the globe, under their new ecosystem page.
Also, what was previously just a vision is turning out to be an overwhelming new reality. Each day, new projects are arising in the cosmos ecosystem thus adding to the value and innovation of the ecosystem.
