ATOM

TomatilloFabulous602

DCA day today. My regular dose of ETH, BTC, ATOM and MATIC. Keep accumulatin

Smiling_Jack_

You should put that ATOM to work on Osmo now. ATOM/stATOM still has external incentives for going on.

CryptocalEnvelopment

I don't hold ATOM, expect it to moon.

leeharrison1984

I dumped all my shit coins and moved to ATOM when it dropped to the 7s. Good paper gains for now, and staking is my DCA. Hopefully ATOM 2.0 works out, see y'all in 2024

fegewgewgew

ATOM!

juunhoad

>DOT has been around longer and survived previous cycles. It didn't? Both ATOM and DOT weren't present in 2017 bull run and I think ATOM was released earlier than DOT.

GoldenRain99

The biggest difference between the two is that Cosmos uses IBC, and of course they use "zones" as opposed to parachains. They certainly can thrive alongside one another, but honestly they have a completely different audience, so while they are competitors in the sense that they're focusing on the interoperability angle, but they aren't really competing for one another's userbase very much, at least from what I can tell. Personally, I chose ATOM and the Cosmos ecosystem over the Dotsama ecosystem. Just a lot more going on there that I believe in, and the teams that are behind the projects are some of the brightest minds in the space. There's a reason a lot of top chains use Tendermint

DeeDot11

I own neither DOT or ATOM, I am interested in the technology they're working on regarding parachains (and cosmos equivalent). What is the current opinion on the two? Are they competitors whereby only 1 can win? The recent price action of ATOM has been much stronger than DOT, however, DOT has been around longer and survived previous cycles. I'd appreciate anyone's opinions on the 2 and any specifics I should consider when comparing the two projects? Thanks!

sporobolus_sp

ATOM 🙌

pob125

If I send ATOM from keplr to coinbase then swap to ETH and send to wallet is classed as a transfer or a ATOM sale and ETH buy?

AbsoIution

My ATOM average buy at £9.54 and BTC average buy at £17,480 has be laughing, gonna be eating good next bull.

Stoopiddogface

ATOM > OSMO OSMO is a great DEX... I use it all the time... OSMO tokens are paid out to stakers and LP provides, that's a lot of selling pressure...I do have some staked. I'm filling my ATOM bag before I even start thinking about staking more OSMO right now

Olafhadtopoo

Well LINK is already doing all the stuff described. Thats the main reason I’m not ao bullish about it. Its been a part of crypto for a long time and the technology it provides is great but Im not so bullosh about the LINK coin. ATOM on the other hand …Id place all my bets on it for next bull

Stoopiddogface

Chasing airdrops isn't worth your while... there haven't been any good ones this year anyway, the couple potential good ones coming you've missed the snapshots... Now, that said. ATOM is IMO a solid project and has a huge potential, especially with the ICS stuff... there's a lot of projects in the cosmos, it's well worth your while to explore... I live getting paid every day, just for investing in projects I want to hold anyways

XnoonefromnowhereX

Me personally, I’m buying XLM, ROSE, JUNO and ATOM. I also like XMR and you can never own enough BTC.

0xCozzi

They say ATOM now.

FreePrinciple270

Why ATOM over every other alt? Before recently, the replies would come up ALGO.

Miguelperson_

Yea that’s why I’ve personally just been stalking ATOM, invest in shovels during the gold rush

snowfox2012

Sounds like ATOM

snowfox2012

ATOM

Samuravi

Anyone with a Keplr wallet willing to share their experiences on ATOM airdrops? How many are you getting during this bear, if any? Thinking of buying some ATOM/OSMO but finding it challenging wading into a new world.

nthgen

Next bullrun, I think ATOM might really move up.

CointestAdmin

#Terra Pro-Arguments Below is an argument written by jeff406 which won 2nd place in the Terra Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > Terra is built as a modular blockchain within the [Cosmos](https://cosmos.network/ecosystem/apps) ecosystem, which means it exists alongside several other great DeFi platforms. > > First and foremost, Terra is providing decentralized stablecoins at a time when we need it most. The threat of a [Tether collapse](https://www.wired.com/story/why-tethers-collapse-would-be-bad-for-cryptocurrencies/) is as prevalent as ever, and TerraUSD (UST)--one of Terra's decentralized stablecoin offerings--is serving as a crucial component in the risk-management process. In fact, major cryptocurrency exchange [Kucoin has been increasing the amount of UST pairs available](https://www.kucoin.com/news/en-ust-market-to-add-new-trading-pairs), enabling their users to wean off USDT while still making all the necessary trades. > > Another reason that traders may struggle to kick Tether to the curb is the desire for stablecoin yield-farming. Luckily, Terra's [Anchor Protocol](https://www.anchorprotocol.com/) allows users to earn 19.6% APY on their TerraUSD tokens, "powered by staking returns from multiple Proof of Stake blockchains." Users are also able to borrow TerraUSD by bonding assets such as ATOM, DOT, or ETH. > > Additionally, [Mirror Protocol](https://mirrorprotocol.app/#/trade) allows users to gain exposure to synthetic securities without the hurdles of traditional brokerages. > > Terra's ecosystem of financial tools provide a decentralized, 1:1 replacement for modern financial services. Beyond the stability that TerraUSD brings as a replacement to Tether, Terra's services can truly bring the benefits of modern financial products to unbanked individuals across the globe. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/ru2mwy/top_10_terra_proarguments_january_2022/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive##wiki_terra.28luna.29) to find arguments on this topic in other rounds.

pm_me_your_pooptube

I’m with you there. Plus, with the changes to the COSMOS ecosystem, we will be able to get USDC rewards for staking ATOM starting next year. How cool is that?

damnusernamegotcutof

All my homies love ATOM

throwaway903277

Bullish on ATOM.

pm_me_your_pooptube

I’m waiting for my ALGO rewards, and then I think I’m going to swap all of my ALGO to ATOM.

CointestAdmin

#Terra Pro-Arguments Below is an argument written by jeff406 which won 2nd place in the Terra Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > Terra is built as a modular blockchain within the [Cosmos](https://cosmos.network/ecosystem/apps) ecosystem, which means it exists alongside several other great DeFi platforms. > > First and foremost, Terra is providing decentralized stablecoins at a time when we need it most. The threat of a [Tether collapse](https://www.wired.com/story/why-tethers-collapse-would-be-bad-for-cryptocurrencies/) is as prevalent as ever, and TerraUSD (UST)--one of Terra's decentralized stablecoin offerings--is serving as a crucial component in the risk-management process. In fact, major cryptocurrency exchange [Kucoin has been increasing the amount of UST pairs available](https://www.kucoin.com/news/en-ust-market-to-add-new-trading-pairs), enabling their users to wean off USDT while still making all the necessary trades. > > Another reason that traders may struggle to kick Tether to the curb is the desire for stablecoin yield-farming. Luckily, Terra's [Anchor Protocol](https://www.anchorprotocol.com/) allows users to earn 19.6% APY on their TerraUSD tokens, "powered by staking returns from multiple Proof of Stake blockchains." Users are also able to borrow TerraUSD by bonding assets such as ATOM, DOT, or ETH. > > Additionally, [Mirror Protocol](https://mirrorprotocol.app/#/trade) allows users to gain exposure to synthetic securities without the hurdles of traditional brokerages. > > Terra's ecosystem of financial tools provide a decentralized, 1:1 replacement for modern financial services. Beyond the stability that TerraUSD brings as a replacement to Tether, Terra's services can truly bring the benefits of modern financial products to unbanked individuals across the globe. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/ru2mwy/top_10_terra_proarguments_january_2022/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive##wiki_terra.28luna.29) to find arguments on this topic in other rounds.

xangchi

I hope we all apply wisdom during the next bull run and take profits along the way. I will continue to stack ETH, BTC, BNB, OCEAN, ATOM and MATIC. I'm also staking ATOM and OCEAN for 18% APY and 100% APY respectively.

MrCarey

100 ATOM should be good, there have been some issues recently, but people are fighting it because ATOM is so expensive now. 50 JUNO is basically bare minimum. 100-200 would be great, because the price has dropped drastically.

AAFur

Is 100 ATOM 100 OSMO and 50 JUNO a decent amount to stake for airdrops?

MrCarey

Slowly cutting back on diversification. Might just be doing ATOM and ETH.

Big-Refrigerator-379

Network outages this year: $ETH: 0 $NEAR: 0 $ATOM: 0 $FTM: 0 $ADA: 0 $AVAX: 0 $SOL: 8

mysterioususer69

Haha I was thinking about you before shilling ATOM 😂

MrCarey

I wonder if ATOM will pass up AVAX in price next. It jumped past DOT earlier this year and the pattern is starting to look about the same here.

Stoopiddogface

How long is a piece of string? The APR is the same regardless... Id say 10, 20 , 50... Im chasing down 100 (I have other positions, and pools etc)... Now, 50 would put you deep into airdrop minimums and with a good airdrop... Back in winter 10 ATOM was a minimum, now id say that more is your buddy if youre chasing airdrops.... Worthwhile? Thats too hard to say... The thing is, theres a lot of ways to pull APRs out of projects.... Heres what Im doing/been doing... Im mostly into ATOM, JUNO, EVMOS. I also do some poolng on osmosis... I get staking rewards from my positions and I swap them to USDC on osmosis. When we drop I buy ATOM with all my staking rewards. (right now were in a dip so instead of converting staking rewards, Im accumulating them till price recovers when Ill swap them and wait for next red days)

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l0ssFPS

I'm personally just holding ETH, a small bag of LRC, and some ATOM. ATOMs IBC is cool as hell and I think it's an interesting ecosystem with a long future ahead of it.

Sheeple9001

I'm an ATOM guy myself, but ALGO has their FIFA partnership, with just that alone, their Marketing overpowers ATOM. That and Silvio Micali — most people on here can't even name anyone associated with ATOM.

nthgen

I love compounding interest. ATOM staking rewards is roughly 19%, yet I've managed to increase my stack by 25%!

Magners17

What’s the minimum amount of ATOM you recommend to make it worthwhile?

Mrramirez44

No ATOM?

MaeronTargaryen

Or ATOM

CharlieTheo-14

Digging stacking digits. More ATOM

Simke11

I would buy ATOM if price goes down. Bought a small bag late July/early August which I sold when it pumped.

fro0ty

Me: >If it's so predictable and pretty easy, give us a prediction. Any coin any timeframe you want.... Otherwise you're just talking out of your ass. You: >Literally just did. Read. You: >I just watch it and wish I would’ve sold every single time ATOM hits 14.50. And bought again around 12-12.50 then rinsed and repeated Where's the prediction? All I see is you talking out of your ass about past events like you predicted them. Guess what guys I predicted BTC 69k then down 20k... Trust me bro I predicted it.

ambermage

"Shitcoin Compounders" Coins that you buy once and stake to earn multiple other types of coins. They can easily gain traction with the "passive income" crowd and capitalize on FOMO. Especially since they are all drowning right now. A couple examples are currently being pushed as DAO coins because the skirt current regulations but they also fit well into the proposed regulatory frameworks of the future such as the EU terms that are facing final acceptance. For people wanting direct examples, ATOM staking is a single purchase that gets the user multiple shitcoins which can result in massive "pump and dump" potential for the airdrops. ALGO has projects that operate similarly. Lots of shitcoins means lots of FOMO and linking during the next bull run.

pizza-chit

Defi on Cosmos is fast, cheap, & easy. I love the airdrop model too! Incentivized demos are the fastest way to grow a network imo. Holding ATOM long term here

___DarthJarJar

ATOM is good for airdrops that has a chance to actually be worth something

Stoopiddogface

I've been 100% cosmos all this year... I bought ATOM at 34, I bought ATOM at 6.5 and a bunch at 9 and 11... I'll keep buying every 2 weeks as I can too There's a lot of activity in the cosmos... staking, LPs, airdrops... IMO being in and getting staking rewards is where it's at... make $ every day...

34Sis

$ATOM is so undervalued

MichaelAischmann

>wish I would’ve sold every single time ATOM hits 14.50. And bought again around 12-12.50 then rinsed and repeated So you didn't predict that? In the predictable market?

MrCarey

Oh I don’t do that. I just watch it and wish I would’ve sold every single time ATOM hits 14.50. And bought again around 12-12.50 the. Rinsed and repeated.

0xCozzi

I’m waiting for ATOM under $10 to really load up, been buying a few at a time recently.

Magners17

I’m thinking of opening a position with ATOM. I am not in any rush to do so as I think we may yet see cheaper prices. Anyone else think we are in for a pretty gnarly downward trajectory? I honestly don’t think we will ever see 10k BTC but wtf do I know..

ShartSpray88

ATOM 💣

MaximumStudent1839

>ATOM inflation increases when staking is low, and decreases when staking is high. You obviously don't know how Atom works. Atom's inflation adjusts to the staking rate even right now. It is not a new mechanic in 2.0. >This will change into a deflationary direction over 36 months. That is misinformation. There is no new mechanic to decrease Atom's supply.

LeThaLxdARk

ATOM 2.0 the only ATOM killer

FldLima

SHould i be bulish on ATOM? I think i should.

spitzkopf_larry2021

I tested Cosmos Hub and Polkadot, and I have to say, that i'm impressed of the UX of ATOM chains. Osmosis felt very smooth, and the Keplr Wallet worked perfectly. For Polkadot I used Talisman Wallet, it was also fine, and I used DEX on Acala, but it felt not that smooth. I think people underestimate the power of Cosmos. The look and feel was perfect.

Dfranco123

TLDR; The main draw for building in Cosmos is a level of flexible modularity that isn’t possible on other smart-contract chains. Perhaps there is a first-mover advantage for the Cosmos Hub, but nothing formally baked into the Cosmos IBC protocol that necessitates the use of ATOM for other appchains. With Cosmos 2.0, all that is set to change. ATOM inflation increases when staking is low, and decreases when staking is high. This will change into a deflationary direction over 36 months.

tonto515

IBC and ICS are technologies that every chain worth a damn are going to be attempting to integrate in their own way moving forward (unless they join the Cosmos ecosystem and implement IBC and ICS themselves). The future is absolutely multi-chain and Cosmos has the most seamless interoperability between its ecosystem chains than any other project. Add in interchain security going online early next year, and you’ve got a recipe for enormous utility in ATOM.

CointestAdmin

#Cosmos Con-Arguments Below is an argument written by MrMoustacheMan which won 1st place in the Cosmos Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > #Cosmos Con Argument > > - *Disclaimer: ATOM currently makes up ~1-2% of my portfolio. Including Cosmos related projects like OSMO, JUNO, etc. or projects built on Tendermint like BNB, LUNA, CRO, then it's more like 5%.* > > - While I wrote about the benefits of a [hub and spoke model](https://v1.cosmos.network/images/intro/06-architecture.svg) in the [Cosmos Pro thread](https://np.reddit.com/r/CointestOfficial/comments/qk4yl2/coin_inquiries_round_cosmos_proarguments_november/), different development models/architecture have different tradeoffs (e.g., [Cathedral vs. Bazaar](https://en.wikipedia.org/wiki/The_Cathedral_and_the_Bazaar), [empire vs nation states](https://www.finder.com.au\/brave-new-worlds-cosmos-blockchain-and-social-evolution), [different blockchain types](https://en.wikipedia.org/wiki/Blockchain#Types), or even [DAGs](https://np.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_dag)). > > - **TLDR**: The overarching focus of Cosmos is on interoperability - but a priority on connecting everything together doesn't necessarily benefit the development or utility of ATOM itself. It's natural for developers to disagree on their vision for a decentralized, open source project and some may even regard that as a positive. But infighting is bad for optics and there are certain aspects of ATOM's tokenomics that may limit its value within the 'Internet of Blockchains'. > > ##Team entropy > > - In February 2020, fighting within the Cosmos team lead to a [shakeup of talent](https://decrypt.co/19769/zaki-manian-cosmos-number-two-resigns) and a [restructuring of the companies involved in developing the project](https://messari.io/article/amid-multiple-departures-cosmos-core-contributor-tendermint-inc-restructures-the-company). > > - Former Tendermint director [Zaki Manian accused founder Jae Kwon of neglecting Cosmos by instead working on a side project, Virgo](https://decrypt.co/18324/tendermint-director-accuses-cosmos-founder-of-evading-responsibility). > > - Some (including Jae), regarded the 'break up' as a [move towards decentralization](https://gist.github.com/jaekwon/7cb869769aecf9c86bfd1b9e61c488df). > > - Zaki (in a now deleted tweet) [disagreed with the decentralization claim and pointed to delays in development, turnover and under-resourcing of the Cosmos project](https://web.archive.org/web/20200207134418/https://twitter.com/zmanian/status/1224384772677390336). Others [reported a toxic environment for engineers](https://twitter.com/jessysaurusrex/status/1224417773620588545). > > - Amidst this backdrop of 'he said, she said' the fact is that core developers like to work on their own pet projects: > > - I'm not sure if Virgo is still a thing, but [Jae Kwon stepped down to work on a Gno project](https://twitter.com/jaekwon/status/1360867477572493313?s=28). Zaki went on to [work on Iqlusion and Sommelier](https://www.linkedin.com/in/zmanian/) while Sunny Aggarwal [started Osmosis and Sikka](https://www.linkedin.com/in/sunnya97/). > > > > ##Project entropy > > - The [community tends to dismiss devs fighting as FUD](https://np.reddit.com/r/cosmosnetwork/comments/r2zhz0/its_a_fud_hit_piece_and_makes_me_sick/). And one could argue that developers shifting to work on other projects is a 'value add' to the ecosystem rather than a detriment to work on Cosmos. > > - I'm not so sure - and I think a related example is actually the main products these teams worked on, [Cosmos SDK](https://v1.cosmos.network/sdk) and [Tendermint](https://academy.binance.com/en/articles/tendermint-explained). > > - In the Pro thread I highlighted how many popular projects such as BNB, CRO and LUNA have been built using these tools. > > - Many of those coins now [have a higher marketcap than ATOM - but, beyond displaying their total value](https://cosmos-cap.com/) under one umbrella there isn't a 'trickle down effect' whereby growth in CRO impacts the value of ATOM. > > - This is a function of the Cosmos design decision to [retain the sovereignty of each connecting chain](https://juliankoh.medium.com/5-differences-between-cosmos-polkadot-67f09535594b). Unlike Polkadot or ETH, a rising tide in the Cosmos ecosystem *doesn't necessarily* lift all boats: > > - Polkadot parachains use DOT's security. Ethereum tokens use ETH as gas. But projects in the Cosmos ecosystem are not 'locked in' to using ATOM. > > - [Transactions fees on the Cosmos Hub do not necessarily need to be paid in ATOM](https://cryptoseq.medium.com/cosmos-atom-token-and-the-commonly-misunderstood-staking-tokens-part-three-958c295c5b78). > > - In the absence of a [shared security model](https://blog.cosmos.network/interchain-security-is-coming-to-the-cosmos-hub-f144c45fb035), all the [connected zones and hubs today](https://mapofzones.com/?period=720&testnet=false&tableOrderBy=totalIbcTxs&tableOrderSort=desc) continue to use their own native tokens rather than enhancing the value of ATOM. So, to go back to developer projects, [Osmosis can post growing liquidity and transaction volume](https://info.osmosis.zone/) but the DEX usage doesn't directly benefit ATOM. > > - So while the Cosmos Hub has been crucial to promoting interoperability, in the future it might not remain the economic center of an 'Internet of Blockchains' but instead get supplanted by one of its 'children'. > > - Jae Kwon spoke to this point years ago, [indicating his support for competition between hubs rather than locking users into Cosmos](https://www.youtube.com/watch?v=6OAulsLeDI0&t=749s). > > - And the centrality of ATOM seems to be the subtext of recent [dev arguments over 'Cosmos' nomenclature](https://np.reddit.com/r/cosmosnetwork/comments/scye0t/sunnys_constant_attacks_on_the_cosmos_hub/), with [calls to rebrand](https://twitter.com/sunnya97/status/1486031900925784066). > > - Where Cosmos *does* lock in users is with staking: > > - [ATOM uses a high token inflation rate to ensure a high staking participation. Users who don't stake their ATOM get essentially penalized by inflation, as the value of their holdings is diluted over time](https://medium.com/swlh/what-are-the-flaws-of-the-cosmos-and-how-to-tackle-them-6c114f4f3bd7). > > - This is obviously not beneficial for holders of smaller stacks and/or users who want to retain liquidity without being locked in to the 21-day unbonding period. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4yls/coin_inquiries_round_cosmos_conarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Cosmos) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/xsqkga/monthly_optimists_discussion_october_2022/).

CointestAdmin

Cosmos {{pros}} & {{cons}} and related info are in the collapsed comments below. Pros and cons will change for every new post. Submit a pro/con argument in the [Cointest](https://www.reddit.com/r/CointestOfficial/wiki/cointest_policy) and potentially win [Moons](https://coinmarketcap.com/currencies/moon/). Moon prizes by award for the Coin Inquiries category are: **1st - 300, 2nd - 150, 3rd - 75, and Best Analysis - 500.** --- To submit an ATOM pro-argument, [click here](https://www.reddit.com/r/CointestOfficial/comments/sifdk5/coin_inquiries_cosmos_proarguments_february_2022/). | To submit an ATOM con-argument, [click here](https://www.reddit.com/r/CointestOfficial/comments/sifdml/coin_inquiries_cosmos_conarguments_february_2022/).

throwaway903277

Bullish on ATOM

LightninHooker

You can't afford to not be into Cosmos. ATOM JUNO SCRT OSMO and enjoy.

austinvvs

Interoperability. I think DOT and QNT are going to smash the bullrun in 2024 for attempting to solve this issue. Another couple I’m confident on is HBAR and ATOM. Both of these networks have not been down 24/7 like SOL lmfao

DeeDot11

True - I am looking for alts to accumulate before the next cycle. Currently just spending lots of time reading and hearing other peoples opinions on both sides before deciding. MATIC, LINK, ATOM, ALGO on the list of interest. Any opinions/advice?

miniraves89

Same. I already have a small bag of ATOM but would definitely top it up if it goes sub 10

Moikee

Why bullish on ATOM? I’m just learning about it

DeeDot11

I've somehow resisted the shills here and still not brought ATOM. Sub $10 I may be tempted

kirtash93

BTC, ETH, ALGO, ADA, MATIC and some DOT, LINK and ATOM (I switch between those three because I don't have enough money to buy all of them always.)

monsieur_feu

ATOM and XRP for me, I’m going all in them along with BTC and ETH.

ChemicalGreek

ATOM becoming a molecule slowly!

0xCozzi

If you don’t hold ATOM you’re missing out, that’s all I have to say.

Jubudtje

Cosmos doing great. Invested in some other projects beside ATOM.

coinfeeds-bot

tldr; Blockchain network Cosmos plans to roll out USDC natively on its interchain platform in January 2023. The stablecoin rollout will enable dapps to operate more efficiently and facilitate favorable liquidity flow. ATOM’s weighted sentiment metric registered a sharp uptick from 26 September to its highest monthly level on 30 September. At press time, ATOM was trading at $13.0. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

CointestAdmin

#Cosmos Con-Arguments Below is an argument written by MrMoustacheMan which won 1st place in the Cosmos Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > #Cosmos Con Argument > > - *Disclaimer: ATOM currently makes up ~1-2% of my portfolio. Including Cosmos related projects like OSMO, JUNO, etc. or projects built on Tendermint like BNB, LUNA, CRO, then it's more like 5%.* > > - While I wrote about the benefits of a [hub and spoke model](https://v1.cosmos.network/images/intro/06-architecture.svg) in the [Cosmos Pro thread](https://np.reddit.com/r/CointestOfficial/comments/qk4yl2/coin_inquiries_round_cosmos_proarguments_november/), different development models/architecture have different tradeoffs (e.g., [Cathedral vs. Bazaar](https://en.wikipedia.org/wiki/The_Cathedral_and_the_Bazaar), [empire vs nation states](https://www.finder.com.au\/brave-new-worlds-cosmos-blockchain-and-social-evolution), [different blockchain types](https://en.wikipedia.org/wiki/Blockchain#Types), or even [DAGs](https://np.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_dag)). > > - **TLDR**: The overarching focus of Cosmos is on interoperability - but a priority on connecting everything together doesn't necessarily benefit the development or utility of ATOM itself. It's natural for developers to disagree on their vision for a decentralized, open source project and some may even regard that as a positive. But infighting is bad for optics and there are certain aspects of ATOM's tokenomics that may limit its value within the 'Internet of Blockchains'. > > ##Team entropy > > - In February 2020, fighting within the Cosmos team lead to a [shakeup of talent](https://decrypt.co/19769/zaki-manian-cosmos-number-two-resigns) and a [restructuring of the companies involved in developing the project](https://messari.io/article/amid-multiple-departures-cosmos-core-contributor-tendermint-inc-restructures-the-company). > > - Former Tendermint director [Zaki Manian accused founder Jae Kwon of neglecting Cosmos by instead working on a side project, Virgo](https://decrypt.co/18324/tendermint-director-accuses-cosmos-founder-of-evading-responsibility). > > - Some (including Jae), regarded the 'break up' as a [move towards decentralization](https://gist.github.com/jaekwon/7cb869769aecf9c86bfd1b9e61c488df). > > - Zaki (in a now deleted tweet) [disagreed with the decentralization claim and pointed to delays in development, turnover and under-resourcing of the Cosmos project](https://web.archive.org/web/20200207134418/https://twitter.com/zmanian/status/1224384772677390336). Others [reported a toxic environment for engineers](https://twitter.com/jessysaurusrex/status/1224417773620588545). > > - Amidst this backdrop of 'he said, she said' the fact is that core developers like to work on their own pet projects: > > - I'm not sure if Virgo is still a thing, but [Jae Kwon stepped down to work on a Gno project](https://twitter.com/jaekwon/status/1360867477572493313?s=28). Zaki went on to [work on Iqlusion and Sommelier](https://www.linkedin.com/in/zmanian/) while Sunny Aggarwal [started Osmosis and Sikka](https://www.linkedin.com/in/sunnya97/). > > > > ##Project entropy > > - The [community tends to dismiss devs fighting as FUD](https://np.reddit.com/r/cosmosnetwork/comments/r2zhz0/its_a_fud_hit_piece_and_makes_me_sick/). And one could argue that developers shifting to work on other projects is a 'value add' to the ecosystem rather than a detriment to work on Cosmos. > > - I'm not so sure - and I think a related example is actually the main products these teams worked on, [Cosmos SDK](https://v1.cosmos.network/sdk) and [Tendermint](https://academy.binance.com/en/articles/tendermint-explained). > > - In the Pro thread I highlighted how many popular projects such as BNB, CRO and LUNA have been built using these tools. > > - Many of those coins now [have a higher marketcap than ATOM - but, beyond displaying their total value](https://cosmos-cap.com/) under one umbrella there isn't a 'trickle down effect' whereby growth in CRO impacts the value of ATOM. > > - This is a function of the Cosmos design decision to [retain the sovereignty of each connecting chain](https://juliankoh.medium.com/5-differences-between-cosmos-polkadot-67f09535594b). Unlike Polkadot or ETH, a rising tide in the Cosmos ecosystem *doesn't necessarily* lift all boats: > > - Polkadot parachains use DOT's security. Ethereum tokens use ETH as gas. But projects in the Cosmos ecosystem are not 'locked in' to using ATOM. > > - [Transactions fees on the Cosmos Hub do not necessarily need to be paid in ATOM](https://cryptoseq.medium.com/cosmos-atom-token-and-the-commonly-misunderstood-staking-tokens-part-three-958c295c5b78). > > - In the absence of a [shared security model](https://blog.cosmos.network/interchain-security-is-coming-to-the-cosmos-hub-f144c45fb035), all the [connected zones and hubs today](https://mapofzones.com/?period=720&testnet=false&tableOrderBy=totalIbcTxs&tableOrderSort=desc) continue to use their own native tokens rather than enhancing the value of ATOM. So, to go back to developer projects, [Osmosis can post growing liquidity and transaction volume](https://info.osmosis.zone/) but the DEX usage doesn't directly benefit ATOM. > > - So while the Cosmos Hub has been crucial to promoting interoperability, in the future it might not remain the economic center of an 'Internet of Blockchains' but instead get supplanted by one of its 'children'. > > - Jae Kwon spoke to this point years ago, [indicating his support for competition between hubs rather than locking users into Cosmos](https://www.youtube.com/watch?v=6OAulsLeDI0&t=749s). > > - And the centrality of ATOM seems to be the subtext of recent [dev arguments over 'Cosmos' nomenclature](https://np.reddit.com/r/cosmosnetwork/comments/scye0t/sunnys_constant_attacks_on_the_cosmos_hub/), with [calls to rebrand](https://twitter.com/sunnya97/status/1486031900925784066). > > - Where Cosmos *does* lock in users is with staking: > > - [ATOM uses a high token inflation rate to ensure a high staking participation. Users who don't stake their ATOM get essentially penalized by inflation, as the value of their holdings is diluted over time](https://medium.com/swlh/what-are-the-flaws-of-the-cosmos-and-how-to-tackle-them-6c114f4f3bd7). > > - This is obviously not beneficial for holders of smaller stacks and/or users who want to retain liquidity without being locked in to the 21-day unbonding period. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4yls/coin_inquiries_round_cosmos_conarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Cosmos) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/xsqkga/monthly_optimists_discussion_october_2022/).

CointestAdmin

Cosmos {{pros}} & {{cons}} and related info are in the collapsed comments below. Pros and cons will change for every new post. Submit a pro/con argument in the [Cointest](https://www.reddit.com/r/CointestOfficial/wiki/cointest_policy) and potentially win [Moons](https://coinmarketcap.com/currencies/moon/). Moon prizes by award for the Coin Inquiries category are: **1st - 300, 2nd - 150, 3rd - 75, and Best Analysis - 500.** --- To submit an ATOM pro-argument, [click here](https://www.reddit.com/r/CointestOfficial/comments/sifdk5/coin_inquiries_cosmos_proarguments_february_2022/). | To submit an ATOM con-argument, [click here](https://www.reddit.com/r/CointestOfficial/comments/sifdml/coin_inquiries_cosmos_conarguments_february_2022/).

LightninHooker

A good day to scoop some JUNO. Now time for ATOM to go under 10 to get more

Karaj1n

Out of fiat. Last purchases: ETH, ATOM and swapped ADA

trrrring

ATOM always good