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Cosmos (ATOM): Why it’s a Crypto GAMECHANGER!! ๐Ÿš€



๐Ÿ“ฒ Insider Data in my Socials ๐Ÿ‘‰
๐Ÿ”ฅ TOP Crypto TIPS In My E-newsletter ๐Ÿ‘‰
๐Ÿ›’ 20% Binance Low cost ๐Ÿ‘‰
๐Ÿ›’ Kucoin Low cost Up To 60% ๐Ÿ‘‰
๐Ÿ‘• โ€œPurchase The Dipโ€ Shirt ๐Ÿ‘‰

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๐Ÿ“บImportant Movies๐Ÿ“บ

Earlier Cosmos Vid ๐Ÿ‘‰
ThorChain Overview ๐Ÿ‘‰
Polkadot Upcoming DeFi ๐Ÿ‘‰
Cardano Upcoming DeFi ๐Ÿ‘‰

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– TIMESTAMPS –
0:00 Intro
2:26 Cosmos Recap
5:48 Cosmos IBC Defined
8:30 Cosmos Updates
10:36 ATOM Worth Evaluation
12:45 Why Cosmos Has Struggled
14:50 Upcoming Cosmos Developments
16:43 Conclusion

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โ›“๏ธ ๐Ÿ”— Helpful Hyperlinks ๐Ÿ”— โ›“๏ธ

โ–บ Checklist Of Cosmos Cryptocurrency Blockchains:
โ–บ ThorChain DEX:
โ–บ Cosmos Explorer:
โ–บ Gravity DEX Data & Registration:
โ–บ Cosmos โ€œRoadmapโ€ (Scroll To The Backside):

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๐Ÿ‘จโ€๐ŸซCosmos Recap๐Ÿ‘จโ€๐Ÿซ

On the conceptual stage you may consider the Cosmos community as being a set of cryptocurrency blockchains.

As a substitute of utilizing dozens of bridges to attach all of those blockchains collectively, the Cosmos community makes use of โ€˜hubsโ€™.

Cosmos hubs are mainly Cosmos blockchains that act as a single level which 1000’s of blockchains can connect with for interoperability with different linked chains.

๐Ÿ’ฑCosmos IBC Defined๐Ÿ’ฑ

The current launch of the IBC is believed to be one of the vital important milestones for the cryptocurrency house.

It is because Tendermint primarily based blockchains arenโ€™t the one ones which have grow to be interoperable.

In keeping with Tendermint Inc.โ€™s CEO Peng Zhong, any proof of stake cryptocurrency blockchain can theoretically connect with the IBC.

Proof of stake cryptocurrency blockchains like Bitcoin and Ethereum may connect with the IBC utilizing Peg Zones which monitor the state of their blockchains.

๐Ÿ“ฐCosmos Updates๐Ÿ“ฐ

In September final 12 months, Coinbase added ATOM staking to its change. In October, Coindesk reported that Cosmos was gaining recognition in India.

In January this 12 months, it was found that Grayscale had filed a for a Cosmos belief. In February, Cosmos grew to become the primary public blockchain to combine with Chinaโ€™s Blockchain Service community.

On the identical day Cosmosโ€™ IBC protocol went stay, Tendermint Inc. introduced that they might be allocating 20 million {dollars} to fund tasks constructing on Cosmos.

๐Ÿ“ŠATOM Worth Evaluation๐Ÿ“Š

ATOM has seen a 5x transfer for the reason that begin of the 12 months. This isnโ€™t unhealthy, nevertheless itโ€™s nowhere close to the expansion that nearly each different altcoin has seen throughout the identical interval.

ATOM has mainly been buying and selling sideways since late February, and the value sample weโ€™ve seen since then means that we is perhaps on the verge of a breakout (which started whereas capturing the video).

๐Ÿ•ต๏ธโ€โ™‚โ€Why Cosmos Has Struggled ๐Ÿ•ต๏ธโ€โ™‚โ€

Nonetheless, the instruments that these groups constructed alongside the way in which such because the Tendermint consensus module and the Cosmos SDK have been primarily created on the expense of the Cosmos blockchain itself.

Not solely are these instruments free to make use of, however the groups behind Cosmos additionally supplied free help to any challenge seeking to leverage them.

That is in stark distinction to simply about each different cryptocurrency challenge which might have demanded that builders pay for these merchandise utilizing their native coin.

In consequence, the emergence and development of Cosmos primarily based blockchains like Binance, Terra, and Crypto.com have had no influence on the value of ATOM.

๐Ÿ“…Upcoming Cosmos Developments๐Ÿ“…

The Gravity DEX is only one of many upcoming options that the Tendermint Inc. staff hopes will add worth to Cosmos and improve utility and demand for ATOM.

One other product within the works is the Gravity Bridge, which can add a Peg Zone to the Cosmos hub in order that tokens may be transferred between Ethereum and the Cosmos blockchain.

By the top of 2021, Tendermint Inc. hopes to have its Interchain Staking service arrange, which can make it attainable for Cosmos validators to safe a number of auxiliary blockchains on a pay as you go foundation.

The milestone that caught my eye probably the most is the introduction of staking derivatives to Cosmos in 2022, which can function ATOM burning for any slashed collateral.

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๐Ÿ“œ Disclaimer ๐Ÿ“œ

The knowledge contained herein is for informational functions solely. Nothing herein shall be construed to be monetary authorized or tax recommendation. The content material of this video is solely the opinions of the speaker who is just not a licensed monetary advisor or registered funding advisor. Buying and selling cryptocurrencies poses appreciable danger of loss. The speaker doesn’t assure any explicit end result.

#Cosmos #ATOM #crypto #IBC #blockchain #assessment

Source: Coin Bureau

45 Responses

  1. Tnx guy you are the one and only man. Great content on hol internet. I belive in cro coin is still undervalued and cro doing good thinks i belive that cro will go over dolar

  2. <I still see cryptocurrency as one of the best digital investment and i totally love the technology when it comes to the largest crypto asset Bitcoin As a trader, i have been able to understand that there are two sides when it comes to crypto and everyone has their opinions when it comes to choosing sides, though i am not kicking against Hodl, but i see it as an old and odd PICKETT to make profit of the market as when the market goes bearish investors/traders loses their investment which is always painful, when you can take advantage of the market by involving in day trading or copying trade alert from a professional trader that understand the market and use PICKETT to generate signals daily to make profit to grow your portfolio as i have been doing with KERRY PICKETT for the past 5 weeks and i have been able to day trade to grow my initial 0.8 btc to 6.8 btc which you will rethink and see that trading is better/profitable KERRY PICKETT daily signals are very accurate and always yields a great positive return on investment KERRY can be contacted via/๐ŸŒˆโ„ข ๐Ÿ†ƒ๐Ÿ…ด๐Ÿ…ป๐Ÿ…ด๐Ÿ…ถ๐Ÿ†๐Ÿ…ผ (@PicKerry) on how to trade profitably๐Ÿ“ˆ๐Ÿ“Š

  3. Your a crypto peotic romantic!! Ryme ryme times Mr Guy… Atom is one of my fav cryptos, after I got disappointed with Ethereum. I see that the crypto world is ignoring Cosmos. For instance that Orion dex aggregator has integrated Binance chain has plans to interage Avalanche etc not Cosmos…

    Solana, Avalanchi all getting prominance, not Atom…its a undervalued crypto just like me(: …so we have gelled to rise in value together me and Atom , Atom coin ok not ant…he…he..he.

    Good day Guy…Love your show as always, your so ryme and funny you and brilliant in your crypto education!!

  4. Cosmos was the coin i choose to turn my coinbase rewards into, went up double in months then double in a few weeks. now the price of atom is stagnating between 12 to 20 gbp, the recent crash made it 7-9 gbp per coin. my choice was based on a few things: its steadily climbing and hitting all time high from time to time, its volatile so you can get it on a low price, and you can sell it on a high price, in a short timeframe and there are staking rewards on it. Now one thing to note: it moves closely together with bitcoin, and even delayed, so i dont think it will ever go up until bitcoin is down. By delayed i mean, its hitting all time high after bitcoin hits its own high values then goes sideways. The other coins that are similar to Cosmos are: lightcoin (if you know bitcoin goes up and want fast profit buy it), tezos (actually has lower entry and higher profit, but its usually a one time buy and sell window) then algorand (has a capped profit as its automatically sold) then graph. These coins move with bitcoin, and while bitcoin has no 2-3x possibility short term, tezos and cosmos has, when bought the right time. Now in the crash after the tesla and china announcements, i do believe bitcoin will go up, maybe by october or december, and everything will be low until bitcoin goes back up. If you want higher profits, any etherium competitor seems to have a 3-4x profit ahead. So i will only buy cosmos when we hit the bull market top again with a few all time high news on bitcoin. Probably you can enter when its already climbing and you will find better percentages of gains on cosmos than bitcoin, and as long as bitcoin moves sideways, cosmos is a good choice to buy when its close to last lowest point.

    edit: im late for this video by 2 months after the wickof happened so it was hti hard by then
    one more correction: on coinbase the staking happens after 40 days and paid out daily (actually its instant but low, 5% apr so less than 0.4 a month) so its technically not locked, but you shouldn't sell all of it to keep the gains alive.

  5. I really like the staking options cosmos offers. Its hard to see how well it will hold value over the long term since its relatively new. I'm interested to see how it does the next couple of years during the long winter. It seems like a great long term investment.

  6. I just about didn't click on this vid due to the title. I am glad I did. Nice to see both sides of the argument presented eg pros vs cons. I have subscribed and if you continue with balanced commentary you become a favourite.

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