SCRT

wonderingdev

Bullrun is OOONNNN. Secret Network $SCRT to the MOOOOONNN 🔥🔥🔥

wonderingdev

SCRT (Secret Network) - the privacy hub of crypto leading the DECC narrative. Recently featured in Forbes as well.

wonderingdev

Around 8 years ago, I had a roommate in my university dormroom who casually mentioned to me that he is mining bitcoin. The electricity was free to use, so he was taking advantage of that. I didn't even bother to look at what Bitcoin was. All I had in my mind was study, study, and study. So, what I would tell my younger self is: yes, study, but be curious about other things as well. Look around you. Maybe there is something worthwhile happening. And another one, and this one is more recent. I bought SCRT coin lump-sum at 1$. Back then, I thought: "Wow, that's dirt cheap!" (Given that ATH was 10$). And what do you know? It dropped. I am tempted to buy more now. These thoughts have been nagging me for more than 1 year. But I told myself I needed to diversify. So, I am focusing on ETFs and stopped increasing my stake in crypto at the moment. So, yeah, even though I have a decent amount of SCRT, I always have this regret that I could've had more if I DCAed. I could invest more now, but this would be reckless. So, I what I would tell my younger self is: DCA, DCA, DCA.

wonderingdev

SCRT (Secret Network) also has a 21-day unstaking period

Ur_mothers_keeper

I never bought or owned SCRT and never will. I'll speak if I feel like it.

wonderingdev

Without concrete proof, these are just allegations. I will look into it. Would also be great if someone from $SCRT team would help us out here.

wonderingdev

Serious claims like this need full context, a full explanation, a timeline of events that happened, including the current state of affairs and how the SCRT team reacted and took action. Otherwise, this can be classified as simply not true. On the other hand, if there were any serious issues right now, there wouldn't be so many successful projects built on top of SCRT today.

interwebzdotnet

Love SCRT, been accumulating since 2021.

wonderingdev

SCRT = Secret Network, especially with all the partnerships it currently got going (for example, SilentSwap)

solar1ze

SCRT

wonderingdev

$SCRT (Secret Network) is pretty undervalued at the moment. (ATH: 10$, currently at 0.57$) The squidgrow [silentswap.com](https://x.com/SilentSwapcom?t=qi1kRPtwvn4uab4gjP4wqQ&s=09) powered by Secret Network narrative is really taking off now (https://twitter.com/Squid_Grow/status/1771358275545788417?t=ba-6nmnOESOqCGpJ2xABPw&s=19). I see lots of engagement there. Squidgrow seems to be really good with marketing. So this could be the right time to acquire a good position.

TP_Crisis_2020

Holy shit, I totally forgot about Enigma! I thought they rebranded to SCRT?

wonderingdev

$SCRT (Secret Network) because privacy matters

mrNas11

Nah, after the whole LUNA fiasco, the Cosmos ecosystem has been affected by the network effects. Former ATOM / SCRT / LUNA / OSMO bag holder here.

wonderingdev

$SCRT (Secret Network) definitely has a shot. At least in the last bear, it was already in the top 100.

timbulance

I was just making sure you weren’t going to give up, I think you’ll be able to gain access again. I’ve got a small bag of SCRT myself

wonderingdev

So monero is not compliant but a bit compliant 😆 And, ouch, sweet pickle, strong opinions. Just look into $SCRT, man. Au revoir.

wonderingdev

That's why privacy solutions like $SCRT (Secret Network) are a must. 💯

wonderingdev

SCRT (Secret Network)

interwebzdotnet

Been a bug fan of SCRT for a while, staking away since last bull market.

logan_izer10

SCRT. Programmable privacy.

Dziadek1

SCRT (Secret Network), due to privacy, scalability and low fees. It also allows for private smart contracts.

interwebzdotnet

Still holding XTZ, ALGO, SCRT, ATOM. and CKB. Swapped VET (just a hair into the green) during the bear market for HBAR. Couldn't be happier about holding the CKB, my avg was around $0.0025 and today it's at $0.025. So what was initially just a very small position in $ value is now a nice little chunk of change.

wonderingdev

Buy ATOM and SCRT. Come back in a few months. You'll be happy.

wonderingdev

It would be $SCRT. It's tremendously undervalued right now

solar1ze

How about SCRT?

AbundantKing

There's never any guarantee in crypto leave alone a guarantee of 100X. Among mid caps ROSE looks promising. Absolute necessary private computations use case (zero knowledge proof) which no chain offers besides SCRT. Chainlink is still years away from achieving it. And VCs have been accumulating ROSE. So ROSE seems promising to do 30 X from here and that would take it to MCAP of 20 bill, which is very realistic. Anything above it is cherry on top. IF pvt computations narrative becomes big then ROSE can end up being a 100 bill MCAP token. Same goes for SCRT which is currently sitting at 100 million. If SCRT hits 10 Bill it's almost 100x from here. Among MEME coins BONK definitely seems to have the potential to do another 20x in the current bull market. For moon shot I am going for AVAX meme coins as it the community is just starting to dig into meme coins. If HUSKY AVAX takes off (it is currently at 5 million) it is 200X just to reach 1 billion (Doge reached 100 bill last bull run, SHIB reached 50 bill, BONK most likely will hit 20-30 BILL this bull run). And there's a fair chance that if HUSKY takes off could hit 10 bill MCAP which would be 2000X from here. Assuming that the MEME coins hit 1/10th of the main chain MCAP like last time (Doge 100 bill while BTC was 1 Trillion, SHIB hit 50 BILL while ETH hit 500 BILL). So if SOL hits 300 MCAP expect BONK to hit 30 BILL, if AVAX hits 100 BILL then HUSKY could hit 10 BILL). I am also looking for developments on meme coins on COSMOS.

fuzzy_pizza

Secret network SCRT is undervalued again Mature L1 blockchain in Cosmos ecosystem focused on confidential compute with a thriving dApp layer Market cap: 120M TVL in defi : 23M Hot thing coming is gambling casino and modular privacy (RNG) for public chains (EVM, polygon, Solana)

reed5point0

ALSO keep in mind there's SCRT and sSCRT the tiny s just means it's "Private SCRT" all NFTs on STASHH will be using sSCRT [You can wrap and unwrap most cosmos assets into privacy tokens using Shade Protocols tool](https://app.shadeprotocol.io/wrap)

reed5point0

Well stargaze is pretty much the ONLY NFT dApp in the COSMOS...keep in mind that the COSMOS IBC is all interconnected L1 networks. So some L1s may also have their own NFT marketplace. BUT I WILL STRESS...STARGAZE is the unofficial official. I think PASG and FLIX have one too, as well as White Whale but there's only 1-2 projects on those. HOWEVER There's also STASHH! Which is on SCRT network. BFTs on SCRT are really fucking cool. Because by the nature of SCRT itself the NFT can have public facing metadata and then private metadata only the owner can see. There's two projects on SCRT that are worth mention on tech and "coolness" alone...well three...but one is VERY unobtainable. [Mystic Skulls](https://stashh.io/collection/mystic-skulls?traits=%257B%2522Unrevealed%2520Trait%2520Categories%2522%253A%255B%25229%2522%252C%25228%2522%255D%257D&sort=price+asc) \- Released in 2021 - SUPER RAD project where you can't see any of your traits until you attune a skull and then enter the reveal process. There's still like 3,000 unrevealed skulls out there in the secondary marketplace. [KILLROY WAS HERE](https://stashh.io/collection/killroy-was-here?sort=price+asc) \- It's legit a Kevin Smith NFT yes that one...you know the one...Silent Bob...He released a horror slasher movie that's embedded inside the NFT thanks to the private data of SCRT nfts. THE UNOBTAINABLE!!!!! The Pulp Fiction handwritten rough script was being auctioned off in sections by Tarantino and SCRT Labs. [Then Miramax stepped in and only ONE sold to the ANONS DAO for a few million before that got pulled.](https://www.theverge.com/2022/9/9/23344441/quentin-tarantino-pulp-fiction-nft-miramax-lawsuit-settled) It was on sale for quite a bit [during the bear](https://stashh.io/collection/tarantino-nfts)

Despaciito

SCRT with a 25% pump in 30mins

DMforOpinions

It does not matter if there is any genius in Firo, or not. Something as SCRT might be more future proof since its - in theory - anon defi. And the way you use Bitcoin anonymous is you buy them for cash from someone or in a shop into a new wallet. Done. Then when you want to convert them back you just sell them and delete the wallet. Done. Completely anonymous and absolutely zero need for any privacy gimmicks. I would love there to be a use case for anon coins but even scammers who STEAL peoples crypto and are wanted by the FBI simply use centralized swap services to launder their crypto. Where does Firo or even Monero come in? Its true they may often want their funds in Monero to get rid of being able to be traced but thats part of why they are being made illegal in the EU. And your Monero isnt going to do you much good if you have a hard time selling them. So if you just want to secure some cash or are scared of inflation what will you do? Some buy gold. Some buy Bitcoin. Both if done right would be perfectly anonymous The only use case for anon coin would still be the darknet but I believe they all use Monero anyways, so no need for Firo again. Its a gimmick but I am willing to learn and understand some actual use cases a lot of people will need.

wonderingdev

SCRT is my favorite. Privacy with regulation in mind. Combines the crypto ideals with the as-is state of the world.

wonderingdev

SCRT (Secret Network) is a solid player in the privacy arena and one of my favorite alts. It offers enhanced privacy for dApps, interoperability with other blockchains, robust decentralization, utility through the SCRT token, and a growing ecosystem for developers. On Secret Network, transactions are encrypted for user privacy. Users can selectively reveal transaction details to regulators using cryptographic proofs or tools like "viewing keys," ensuring transparency when needed.

logan_izer10

Been loading up on SCRT

logan_izer10

Been loading up on SCRT

Despaciito

Fomoing into SCRT at 30 cents seems like a good call

Despaciito

SCRT pumping and breaking out of the weekly downtrend. Could get spicy going forward, still 20x to get to ATHs 🤯

wonderingdev

SCRT would do the job, doesn't matter which type of coke 😉

AnewbiZ_

Yes I would say most private is monero. Zcash has a very solid claim to fame as well. Now when it comes to smart contracts, DeFi, and general computation with privacy, Secret Network SCRT is hands down the best in my opinion. And it is not even close.

boxosaurus

SCRT has huge potential

zeb737

SCRT is indeed a good one

logan_izer10

SCRT

Despaciito

SCRT making a run through resistance 🚀

TheAsianOne_wc

Secret Network (SCRT) is currently the only coin that I'm trading with that's under a dollar in value.

wonderingdev

SCRT is one of them. Privacy is a must, and I feel like they are doing it the right way.

hizlaltatgw

Ledger for BTC, ETH and all shitcoins from Ethereum Keplr for ATOM and SCRT and all Cosmos airdrops xPortal for EGLD and RIDE Fearless for DOT and GLMR Trust (Don't have anything on it)

AnewbiZ_

I have said for 2 years now that the dominating narratives this cycle will be Privacy, and interoperability. NFA but there will be many big winners in those sectors. SCRT checks both boxes for me so I am especially bullish on it.

SlimBoomBoom

Kava & SCRT

CointestMod

#Cosmos Pro-Arguments Below is a Cosmos pro-argument written by Shippior. > \[Cosmos\]([https://www.coingecko.com/en/coins/cosmos-hub](https://www.coingecko.com/en/coins/cosmos-hub)) (ATOM) is a Proof-of-Stake (PoS) blockchain. It is the center of the Cosmos networks, including Osmosis, Juno, Secret, Evmos and 50+ other independent L1 chains which are all connected, called Gaia. Something that is not known to many people is that the Binance Chain actually uses the same software as Cosmos and is thus in theory compatible with Gaia. However so far Binance has made the design choice not to enable it as to keep their authority over their BNB chain ATOM uses a Byzantine Fault Tolerance as main consensus in it's \[Tendermint consensus\]([https://docs.tendermint.com/v0.34/introduction/what-is-tendermint.html](https://docs.tendermint.com/v0.34/introduction/what-is-tendermint.html)). > > The main strongsuit of Cosmos is the use of \[IBC\]([https://ibcprotocol.org/](https://ibcprotocol.org/)) (Inter-Blockchain Communication). It is a protocol that is integrated in the Tendermint Cosmos SDK that is used to trustlessly communicate between chains. This allows new chains using this SDK to quickly integrate into the entire network and make use of all the capabilities of the other chains. It can be compared to the relay chains of Polkadot, Cosmos' largest competitor, but at current value it looks like it is far more advanced than its Polkadot competitor, allowing chains to communicate and share value using pre-determined smart contracts allowing multichain interoperability. > > The APR of Cosmos, received from staking lies somewhat around 20% for most of the time. The annual inflation of ATOM is capped at 20% and bound by a lower limit of 7%. As long as 2/3rd of all ATOM in circulation is staked the inflation will slowly drop to as low as 7%. If less than 2/3rd of the ATOM is staked the inflation will increase, thereby increasing the staking rewards as to provide an incentive for people to stake their ATOM to secure the network. > > As of late the Cosmos network has received a couple of great upgrades. The first was around June of this year which was the Stargate upgrade. This was the final upgrade to complete the original roadmap of Cosmos. One of the parts of this upgrade was the Gravity Dex procotol which enabled cross-chain DeFi. Other upgrades enabled the ability to pay fees in whatever IBC token one has in it's wallet. Thus fees on ATOM network can be paid in JUNO, SCRT or HUAHUA. > > Another interesting feature that has been added to ATOM lately is Liquid staking through other networks, like \[Stride\]([https://stride.zone/](https://stride.zone/)) or \[Quicksilver\]([https://quicksilver.zone/](https://quicksilver.zone/)). The entire ATOM network is PoS and therefore largely depends on people staking their coins for network security. This means that a lot of the coins in the ATOM network are ' dead' so to speak as they are used for staking and nothing else. Liquid staking offers a solution by allowing people to tokenize their staked assets and use it for DeFi. This has brought significant more options to increase TVL, although this is at the moment hard to measure as all prices have fell by a lot since the introduction of liquid staking and therefore it can not be quantified. > > In Medellin during the \[Cosmoverse\]([https://cosmoverse.org/](https://cosmoverse.org/)) many ways of going forward were presented by speakers as continuation on the original roadmap which had now been completed. A \[new roadmap\]([https://gateway.pinata.cloud/ipfs/QmdC3YuZBUq5b9mEr3bKTDRq4XLcxafe3LHqDNFUgUoa61](https://gateway.pinata.cloud/ipfs/QmdC3YuZBUq5b9mEr3bKTDRq4XLcxafe3LHqDNFUgUoa61)) has been proposed for the years to come by several influential people including Ethan Buchman, one of the founders of Cosmos. Although the first draft of the proposal has been rejected by the community through governance, with the new proposed tokenomics that sparked some fierce debate, there are some very exciting things ahead. The fact that these options are even relayed to the community also emphasizes one of the advantages of Cosmos. Cosmos believes in the fact that the community owns the chain, it emphasizes on self-governance and sovereignty, and therefore every decision should be put up for a vote. Everything that influences the chain should be introduced by on-chain parameters that can be monitored and altered when desired by the community. \[More on the governance stance by Cosmos.\]([https://hub.cosmos.network/main/governance/state-of-cosmos-governance-2021.html](https://hub.cosmos.network/main/governance/state-of-cosmos-governance-2021.html)) > > The most interesting part of the proposed roadmap is the \[Interchain Security\]([https://blog.cosmos.network/interchain-security-is-coming-to-the-cosmos-hub-f144c45fb035](https://blog.cosmos.network/interchain-security-is-coming-to-the-cosmos-hub-f144c45fb035)), which is already being worked on. One of the critiques on ATOM is that the token does not add value. The most value it provides is by being a main criteria for receiving airdrops of other L1 chains that enter the IBC network. This will change with Interchain Security, coming in the first semester of 2023. Interchain Security allows chains to deploy on the IBC network without having to deal with securing their own chain and can thereby launch their products faster, focusing on their core business. Instead they can opt-in to have Gaia settle their blockchain and provide security. In return stakers of ATOM will receive tokens from the chains that are secured through Gaia as staking rewards. > > Edit: I am not sure why my embedded links are not working. :/ ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Cosmos) to find submissions for other topics.

CointestMod

#Cosmos Pro-Arguments Below is a Cosmos pro-argument written by Shippior. > \[Cosmos\]([https://www.coingecko.com/en/coins/cosmos-hub](https://www.coingecko.com/en/coins/cosmos-hub)) (ATOM) is a Proof-of-Stake (PoS) blockchain. It is the center of the Cosmos networks, including Osmosis, Juno, Secret, Evmos and 50+ other independent L1 chains which are all connected, called Gaia. Something that is not known to many people is that the Binance Chain actually uses the same software as Cosmos and is thus in theory compatible with Gaia. However so far Binance has made the design choice not to enable it as to keep their authority over their BNB chain ATOM uses a Byzantine Fault Tolerance as main consensus in it's \[Tendermint consensus\]([https://docs.tendermint.com/v0.34/introduction/what-is-tendermint.html](https://docs.tendermint.com/v0.34/introduction/what-is-tendermint.html)). > > The main strongsuit of Cosmos is the use of \[IBC\]([https://ibcprotocol.org/](https://ibcprotocol.org/)) (Inter-Blockchain Communication). It is a protocol that is integrated in the Tendermint Cosmos SDK that is used to trustlessly communicate between chains. This allows new chains using this SDK to quickly integrate into the entire network and make use of all the capabilities of the other chains. It can be compared to the relay chains of Polkadot, Cosmos' largest competitor, but at current value it looks like it is far more advanced than its Polkadot competitor, allowing chains to communicate and share value using pre-determined smart contracts allowing multichain interoperability. > > The APR of Cosmos, received from staking lies somewhat around 20% for most of the time. The annual inflation of ATOM is capped at 20% and bound by a lower limit of 7%. As long as 2/3rd of all ATOM in circulation is staked the inflation will slowly drop to as low as 7%. If less than 2/3rd of the ATOM is staked the inflation will increase, thereby increasing the staking rewards as to provide an incentive for people to stake their ATOM to secure the network. > > As of late the Cosmos network has received a couple of great upgrades. The first was around June of this year which was the Stargate upgrade. This was the final upgrade to complete the original roadmap of Cosmos. One of the parts of this upgrade was the Gravity Dex procotol which enabled cross-chain DeFi. Other upgrades enabled the ability to pay fees in whatever IBC token one has in it's wallet. Thus fees on ATOM network can be paid in JUNO, SCRT or HUAHUA. > > Another interesting feature that has been added to ATOM lately is Liquid staking through other networks, like \[Stride\]([https://stride.zone/](https://stride.zone/)) or \[Quicksilver\]([https://quicksilver.zone/](https://quicksilver.zone/)). The entire ATOM network is PoS and therefore largely depends on people staking their coins for network security. This means that a lot of the coins in the ATOM network are ' dead' so to speak as they are used for staking and nothing else. Liquid staking offers a solution by allowing people to tokenize their staked assets and use it for DeFi. This has brought significant more options to increase TVL, although this is at the moment hard to measure as all prices have fell by a lot since the introduction of liquid staking and therefore it can not be quantified. > > In Medellin during the \[Cosmoverse\]([https://cosmoverse.org/](https://cosmoverse.org/)) many ways of going forward were presented by speakers as continuation on the original roadmap which had now been completed. A \[new roadmap\]([https://gateway.pinata.cloud/ipfs/QmdC3YuZBUq5b9mEr3bKTDRq4XLcxafe3LHqDNFUgUoa61](https://gateway.pinata.cloud/ipfs/QmdC3YuZBUq5b9mEr3bKTDRq4XLcxafe3LHqDNFUgUoa61)) has been proposed for the years to come by several influential people including Ethan Buchman, one of the founders of Cosmos. Although the first draft of the proposal has been rejected by the community through governance, with the new proposed tokenomics that sparked some fierce debate, there are some very exciting things ahead. The fact that these options are even relayed to the community also emphasizes one of the advantages of Cosmos. Cosmos believes in the fact that the community owns the chain, it emphasizes on self-governance and sovereignty, and therefore every decision should be put up for a vote. Everything that influences the chain should be introduced by on-chain parameters that can be monitored and altered when desired by the community. \[More on the governance stance by Cosmos.\]([https://hub.cosmos.network/main/governance/state-of-cosmos-governance-2021.html](https://hub.cosmos.network/main/governance/state-of-cosmos-governance-2021.html)) > > The most interesting part of the proposed roadmap is the \[Interchain Security\]([https://blog.cosmos.network/interchain-security-is-coming-to-the-cosmos-hub-f144c45fb035](https://blog.cosmos.network/interchain-security-is-coming-to-the-cosmos-hub-f144c45fb035)), which is already being worked on. One of the critiques on ATOM is that the token does not add value. The most value it provides is by being a main criteria for receiving airdrops of other L1 chains that enter the IBC network. This will change with Interchain Security, coming in the first semester of 2023. Interchain Security allows chains to deploy on the IBC network without having to deal with securing their own chain and can thereby launch their products faster, focusing on their core business. Instead they can opt-in to have Gaia settle their blockchain and provide security. In return stakers of ATOM will receive tokens from the chains that are secured through Gaia as staking rewards. > > Edit: I am not sure why my embedded links are not working. :/ ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Cosmos) to find submissions for other topics.

Despaciito

Snagged some FTM and SCRT

wonderingdev

Put it all in SCRT 🚀

mikatalyst

Optimism is great, but it's wise to remain cautious. While trading platforms setting a target of $125k is positive, it doesn't necessarily confirm a full-fledged bull market. If such heights are reached, it could pave the way for several altcoins to achieve new all-time highs. This might potentially drive tokens like RAIL and SCRT to surpass the $5 mark.

xyridfosterlingu9

the DCK appears promising, and I'm considering further research. Additionally, my findings indicate that RAIL and SCRT, with low market caps, offer potential for a substantial 20x return. Their remarkable contributions to privacy on the Ethereum network have been noteworthy.

reed5point0

ROSE is like one of the only privacy tokens I don't like. But SCRT, NEAR and the new FHEnix look rad. SCRT had a whitehat report last year thanks to an IBM encryption issue. They're fully re-working their encryption to be FHE as well. But I see it as a network for PASS (Privacy as a service) Like for a DEFI hub that's public to use to prevent front runs by using SCRT as a middleman. XMR is still the most private

Disastrous_Chain7148

Vet, SCRT.

wonderingdev

SCRT has entered the chat ))

Every_Hunt_160

There are other privacy coins out there like SCRT, but none of them really comes close to Monero in terms of usage and functionality

Disastrous_Chain7148

Very true. I bought SCRT just like that.

Disastrous_Chain7148

VET or SCRT, no particular order.

Disastrous_Chain7148

Too many bad investments I can’t remember. VET, SCRT, BTM , BAT, DRC… The list goes on.

Stoopiddogface

Poor JUNO... I was spread pretty thin over on cosmos... I consolidated my holdings but SCRT made the cut...as did AKT.

wonderingdev

$SCRT entered the chat

CointestMod

#Cosmos Pro-Arguments Below is a Cosmos pro-argument written by Shippior. > \[Cosmos\]([https://www.coingecko.com/en/coins/cosmos-hub](https://www.coingecko.com/en/coins/cosmos-hub)) (ATOM) is a Proof-of-Stake (PoS) blockchain. It is the center of the Cosmos networks, including Osmosis, Juno, Secret, Evmos and 50+ other independent L1 chains which are all connected, called Gaia. Something that is not known to many people is that the Binance Chain actually uses the same software as Cosmos and is thus in theory compatible with Gaia. However so far Binance has made the design choice not to enable it as to keep their authority over their BNB chain ATOM uses a Byzantine Fault Tolerance as main consensus in it's \[Tendermint consensus\]([https://docs.tendermint.com/v0.34/introduction/what-is-tendermint.html](https://docs.tendermint.com/v0.34/introduction/what-is-tendermint.html)). > > The main strongsuit of Cosmos is the use of \[IBC\]([https://ibcprotocol.org/](https://ibcprotocol.org/)) (Inter-Blockchain Communication). It is a protocol that is integrated in the Tendermint Cosmos SDK that is used to trustlessly communicate between chains. This allows new chains using this SDK to quickly integrate into the entire network and make use of all the capabilities of the other chains. It can be compared to the relay chains of Polkadot, Cosmos' largest competitor, but at current value it looks like it is far more advanced than its Polkadot competitor, allowing chains to communicate and share value using pre-determined smart contracts allowing multichain interoperability. > > The APR of Cosmos, received from staking lies somewhat around 20% for most of the time. The annual inflation of ATOM is capped at 20% and bound by a lower limit of 7%. As long as 2/3rd of all ATOM in circulation is staked the inflation will slowly drop to as low as 7%. If less than 2/3rd of the ATOM is staked the inflation will increase, thereby increasing the staking rewards as to provide an incentive for people to stake their ATOM to secure the network. > > As of late the Cosmos network has received a couple of great upgrades. The first was around June of this year which was the Stargate upgrade. This was the final upgrade to complete the original roadmap of Cosmos. One of the parts of this upgrade was the Gravity Dex procotol which enabled cross-chain DeFi. Other upgrades enabled the ability to pay fees in whatever IBC token one has in it's wallet. Thus fees on ATOM network can be paid in JUNO, SCRT or HUAHUA. > > Another interesting feature that has been added to ATOM lately is Liquid staking through other networks, like \[Stride\]([https://stride.zone/](https://stride.zone/)) or \[Quicksilver\]([https://quicksilver.zone/](https://quicksilver.zone/)). The entire ATOM network is PoS and therefore largely depends on people staking their coins for network security. This means that a lot of the coins in the ATOM network are ' dead' so to speak as they are used for staking and nothing else. Liquid staking offers a solution by allowing people to tokenize their staked assets and use it for DeFi. This has brought significant more options to increase TVL, although this is at the moment hard to measure as all prices have fell by a lot since the introduction of liquid staking and therefore it can not be quantified. > > In Medellin during the \[Cosmoverse\]([https://cosmoverse.org/](https://cosmoverse.org/)) many ways of going forward were presented by speakers as continuation on the original roadmap which had now been completed. A \[new roadmap\]([https://gateway.pinata.cloud/ipfs/QmdC3YuZBUq5b9mEr3bKTDRq4XLcxafe3LHqDNFUgUoa61](https://gateway.pinata.cloud/ipfs/QmdC3YuZBUq5b9mEr3bKTDRq4XLcxafe3LHqDNFUgUoa61)) has been proposed for the years to come by several influential people including Ethan Buchman, one of the founders of Cosmos. Although the first draft of the proposal has been rejected by the community through governance, with the new proposed tokenomics that sparked some fierce debate, there are some very exciting things ahead. The fact that these options are even relayed to the community also emphasizes one of the advantages of Cosmos. Cosmos believes in the fact that the community owns the chain, it emphasizes on self-governance and sovereignty, and therefore every decision should be put up for a vote. Everything that influences the chain should be introduced by on-chain parameters that can be monitored and altered when desired by the community. \[More on the governance stance by Cosmos.\]([https://hub.cosmos.network/main/governance/state-of-cosmos-governance-2021.html](https://hub.cosmos.network/main/governance/state-of-cosmos-governance-2021.html)) > > The most interesting part of the proposed roadmap is the \[Interchain Security\]([https://blog.cosmos.network/interchain-security-is-coming-to-the-cosmos-hub-f144c45fb035](https://blog.cosmos.network/interchain-security-is-coming-to-the-cosmos-hub-f144c45fb035)), which is already being worked on. One of the critiques on ATOM is that the token does not add value. The most value it provides is by being a main criteria for receiving airdrops of other L1 chains that enter the IBC network. This will change with Interchain Security, coming in the first semester of 2023. Interchain Security allows chains to deploy on the IBC network without having to deal with securing their own chain and can thereby launch their products faster, focusing on their core business. Instead they can opt-in to have Gaia settle their blockchain and provide security. In return stakers of ATOM will receive tokens from the chains that are secured through Gaia as staking rewards. > > Edit: I am not sure why my embedded links are not working. :/ ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Cosmos) to find submissions for other topics.

CointestMod

#Cosmos Pro-Arguments Below is a Cosmos pro-argument written by Shippior. > \[Cosmos\]([https://www.coingecko.com/en/coins/cosmos-hub](https://www.coingecko.com/en/coins/cosmos-hub)) (ATOM) is a Proof-of-Stake (PoS) blockchain. It is the center of the Cosmos networks, including Osmosis, Juno, Secret, Evmos and 50+ other independent L1 chains which are all connected, called Gaia. Something that is not known to many people is that the Binance Chain actually uses the same software as Cosmos and is thus in theory compatible with Gaia. However so far Binance has made the design choice not to enable it as to keep their authority over their BNB chain ATOM uses a Byzantine Fault Tolerance as main consensus in it's \[Tendermint consensus\]([https://docs.tendermint.com/v0.34/introduction/what-is-tendermint.html](https://docs.tendermint.com/v0.34/introduction/what-is-tendermint.html)). > > The main strongsuit of Cosmos is the use of \[IBC\]([https://ibcprotocol.org/](https://ibcprotocol.org/)) (Inter-Blockchain Communication). It is a protocol that is integrated in the Tendermint Cosmos SDK that is used to trustlessly communicate between chains. This allows new chains using this SDK to quickly integrate into the entire network and make use of all the capabilities of the other chains. It can be compared to the relay chains of Polkadot, Cosmos' largest competitor, but at current value it looks like it is far more advanced than its Polkadot competitor, allowing chains to communicate and share value using pre-determined smart contracts allowing multichain interoperability. > > The APR of Cosmos, received from staking lies somewhat around 20% for most of the time. The annual inflation of ATOM is capped at 20% and bound by a lower limit of 7%. As long as 2/3rd of all ATOM in circulation is staked the inflation will slowly drop to as low as 7%. If less than 2/3rd of the ATOM is staked the inflation will increase, thereby increasing the staking rewards as to provide an incentive for people to stake their ATOM to secure the network. > > As of late the Cosmos network has received a couple of great upgrades. The first was around June of this year which was the Stargate upgrade. This was the final upgrade to complete the original roadmap of Cosmos. One of the parts of this upgrade was the Gravity Dex procotol which enabled cross-chain DeFi. Other upgrades enabled the ability to pay fees in whatever IBC token one has in it's wallet. Thus fees on ATOM network can be paid in JUNO, SCRT or HUAHUA. > > Another interesting feature that has been added to ATOM lately is Liquid staking through other networks, like \[Stride\]([https://stride.zone/](https://stride.zone/)) or \[Quicksilver\]([https://quicksilver.zone/](https://quicksilver.zone/)). The entire ATOM network is PoS and therefore largely depends on people staking their coins for network security. This means that a lot of the coins in the ATOM network are ' dead' so to speak as they are used for staking and nothing else. Liquid staking offers a solution by allowing people to tokenize their staked assets and use it for DeFi. This has brought significant more options to increase TVL, although this is at the moment hard to measure as all prices have fell by a lot since the introduction of liquid staking and therefore it can not be quantified. > > In Medellin during the \[Cosmoverse\]([https://cosmoverse.org/](https://cosmoverse.org/)) many ways of going forward were presented by speakers as continuation on the original roadmap which had now been completed. A \[new roadmap\]([https://gateway.pinata.cloud/ipfs/QmdC3YuZBUq5b9mEr3bKTDRq4XLcxafe3LHqDNFUgUoa61](https://gateway.pinata.cloud/ipfs/QmdC3YuZBUq5b9mEr3bKTDRq4XLcxafe3LHqDNFUgUoa61)) has been proposed for the years to come by several influential people including Ethan Buchman, one of the founders of Cosmos. Although the first draft of the proposal has been rejected by the community through governance, with the new proposed tokenomics that sparked some fierce debate, there are some very exciting things ahead. The fact that these options are even relayed to the community also emphasizes one of the advantages of Cosmos. Cosmos believes in the fact that the community owns the chain, it emphasizes on self-governance and sovereignty, and therefore every decision should be put up for a vote. Everything that influences the chain should be introduced by on-chain parameters that can be monitored and altered when desired by the community. \[More on the governance stance by Cosmos.\]([https://hub.cosmos.network/main/governance/state-of-cosmos-governance-2021.html](https://hub.cosmos.network/main/governance/state-of-cosmos-governance-2021.html)) > > The most interesting part of the proposed roadmap is the \[Interchain Security\]([https://blog.cosmos.network/interchain-security-is-coming-to-the-cosmos-hub-f144c45fb035](https://blog.cosmos.network/interchain-security-is-coming-to-the-cosmos-hub-f144c45fb035)), which is already being worked on. One of the critiques on ATOM is that the token does not add value. The most value it provides is by being a main criteria for receiving airdrops of other L1 chains that enter the IBC network. This will change with Interchain Security, coming in the first semester of 2023. Interchain Security allows chains to deploy on the IBC network without having to deal with securing their own chain and can thereby launch their products faster, focusing on their core business. Instead they can opt-in to have Gaia settle their blockchain and provide security. In return stakers of ATOM will receive tokens from the chains that are secured through Gaia as staking rewards. > > Edit: I am not sure why my embedded links are not working. :/ ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Cosmos) to find submissions for other topics.

Deyssigeg

I will continue to accumulate XMR, RAIL, SCRT, and AZERO.

Deyssigeg

I quite agree with you on privacy-focused tokens. A few, like RAIL which is currently undervalued, AZERO, and SCRT, have significant potential and are likely to perform well in the next market cycle.

Deyssigeg

Privacy tokens mostly. SCRT, XMR, and RAIL .

hinbiegenkm

Absolutely, taking responsibility and having self-confidence would be crucial in the coming run. Privacy projects should also be one to take a look at in the market. You can't get it wrong with assets like XMR, SCRT, RAIL in your portfolio.

wonderingdev

SCRT (Secret Network) is the King of privacy

Disastrous_Chain7148

VET, SCRT, NAV, btm, BAT, DRC, Dent…….

simplicity92

SCRT secret is alaso a privacy coin

Disastrous_Chain7148

VET, SCRT, TRON, BAT, btm, Key, REQ, nav,…. The list can go on. I can’t even remember the smaller ones.

Deyssigeg

I'm doing it with RAIL, XMR, and SCRT. The privacy narrative will be huge.

StrangelyBeige

Exactly this, i've got some really shit entries on stuff like DOT and SCRT i've made less shit over the last year, still down pretty bad but i'm in a decent bull 2x is not out of the question on these..

reed5point0

Absolutely, it's built on SCRT and Carter and team are heads down type builders. Please check it out it's a nice platform. SILK is cool too (which they built)

Stoopiddogface

I closed down all my LP positions...KUJI thing I shut down... Basically it's ATOM and AKT and a little SCRT. My JUNO is still there, but worthless... I'm earning some stuff, bunchbof STRD tokens and whatnot... I'll take what it gives me but can't go deeper.... shame bc there's a lot of great stuff in the cosmos

DiabolicalAmoeba

Which privacy coins do you guys have your eyes on? Apart from (XMR)Monero, I have my eyes on SCRT(Secret Network).

xyridfosterlingu9

I completely agree. I got BNB, XRP, and ETH at the very bottom of the market, and I recently added SCRT and RAIL as privacy is gaining traction and their market caps are extremely low and relatively cheap.

Every_Hunt_160

>They’ll just put everything in the same bag and call it money laundering. Basically the Tornado Cash argument, writing a code = money laundering I'm quite sure it's a matter of time they go for all privacy coins out there, the creators of Monero, SCRT Network, etc etc..

AnewbiZ_

I support anyone building privacy in web3, because no single solution will ever cover everything. But SCRT is definitely my favorite and deserves respect for the sheer amount of pioneering the devs have done for and in the space.

steveblobby

Well said. Its lucky we have XMR, SCRT, ROSE and others. The devs on these platforms saw what was to come, I reckon. Disclaimer: I absolutely dont hold any of the above, at all.

AnewbiZ_

Indeed, shout out to every project in the space pushing privacy tech forward, our world is at a cross roads where those in power are systematically destroying our ability to maintain privacy by making it a "bad word" This is a battle worth fighting, and every team working on it is needed. SHD SCRT XMR NYM and every other team pushing the space forward.

Ninja_Gogen

I agree. I'm very bullish on all of the privacy projects. Monero, SCRT, Dusk, there are others.

Lardbear

SCRT is quite an interesting privacy project. Hoping it makes some moves on the next run.

AnewbiZ_

It is a press release, but this is a statement of action by SCRT I tend to like act now and talk later approach. https://ping.pub/secret/gov/264

Lardbear

I’m hoping SCRT makes it into the conversation eventually. It’s an interesting little project.

AnewbiZ_

That is almost a year old. There was an official statement the same day that went out. Because SCRT worked with those white hats to mitigate before it was published. Official post: https://scrt.network/blog/notice-successful-resolution-of-xapic-vulnerability The upgrade following that event introduced 2 things, which further hardened the network against such an attack. 1st consensus key rotation, causing the key to rotate out at intervals and at need. 2nd MPC was integrated into consensus, meaning each validator only hold a fragment of the consensus key, so in a situation of that sort, a attacker will need to break the majority of validators instead of one, and they must do it before rotation. And 1 more side note on this downfall event, secret shut down new validators before that was circulated. I had wondered why when I saw it, then a day or two later, it made sense.

Lardbear

I’m still hoping that SCRT is a good coin to hold.

NoVegas0

When it comes to privacy, there are only two choices Monero and Secret Network. XMR is the most reliable and proven privacy currency there is. SCRT is the best option for Privatizing any token.

nzubemush

Liquid staking here. I've got stETH via Lido, stATOM via Stride, stkd-SCRT with Shade protocol, and veOCEAN with Ocean Market (I further use this for data farming which is extra passive income).

Designer_Restaurant1

Yep, still staking ETH, ATOM, SCRT and RCKT recently. I plan on getting ADE through airdrop and/or presale and I'm certainly staking it, for governance as I'm doing with STG.

Umarzy

Yes. I'm currently staking ATOM & SCRT in my Keplr wallet, earning 20% APR. I'm planning to stake my MEVFREE as well when it goes live, and FLD token in order to unlock key discounts and features on the FluidAI X platform.

SuccumbedToReddit

Do you need ATOM or will any crypto on Keplr do? I only stake SCRT and SHD

xyridfosterlingu9

I suggest you buy more alts rather than Bitcoin, particularly those related to privacy. Nice low-cap token with 20x potential are RAIL, BEAM, and SCRT.

interwebzdotnet

Most air drops have been shit. Juno, if you got out early made some money, but that community is awful. All that said, I'm still happy to hold and stake ATOM and SCRT

interwebzdotnet

I hope so. I have a nice little position in ATOM and SCRT

Stoopiddogface

JUNO... SCRT... OSMO. Not selling them, but not building them either.

Umarzy

Via Keplr wallet, I'm staking ATOM & SCRT to earn a decent APY of \~20% and providing liquidity to Camelot DEX (Arbitrum), mostly on solid pairs. On my free days, I try to increase my transaction nonces on the Zksync chain so as to qualify for their token drops next year. I also accumulate FluidAI TGE tickets via its reward program. This will unlock free FLD once the project launches.