top of page

Cosmos Founder Calls for Chain Split; ATOM Down 3%

Cosmos' founder Jae Kwon favours splitting the blockchain into two following a decision by the community to reduce Cosmos' native token ATOM's inflation to 10%. ATOM, the native coin of Cosmos Hub, is nursing moderate losses a day after Comos' founder Jae Kwon called community members to split the blockchain into two, with one observer hailing the potential hard fork as a bullish outcome for the investor community. "Let's coordinate a split," Kwon said Sunday, following a decision by the community to the Cosmos community to approve a proposal to reduce ATOM's inflation to 10% from 14%. ATOM powers the Cosmos ecosystem of blockchains programmed to scale and interoperate with each other.


Check out the hashd app. It gives you important crypto news and updates in short, simple and easy to read slides. Amazing!



Commenti


bottom of page