Unchained Zaki Manian and Jack Zampolin on Why ATOM Is 'Dogecoin for Academics' - Ep. 406
Oct 11, 2022
Zaki Manian, cofounder of Sommelier Protocol and Iqlusion, and Jack Zampolin, founder of Strangelove Ventures, dive into the innovative world of Cosmos. They unravel the significance of application-specific blockchains and the new white paper set to redefine ATOM's role. Key topics include interchain security, a new governance model allocating gas fees to developers, and maximizing extractable value (MEV) through a scheduler. They also discuss the future of decentralized finance and how USDC will launch on a consumer chain, making waves in the ecosystem.
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Why ASBs?
- Developers choose ASBs over smart contracts for sovereignty and control, avoiding platform risks like network upgrades or fee spikes.
- Examples include exchange chains like OKXChain, Crypto.com, and Binance Chain.
Composability in Cosmos
- Cosmos addresses composability concerns by using asynchronous composability, similar to the internet and financial systems.
- IBC offers more expressive primitives for asynchronous composability than other bridges, enabling sophisticated interactions.
ATOM 2.0
- The revamped Cosmos whitepaper, ATOM 2.0, addresses the lack of clear vision for the ATOM token.
- It proposes interchain security, allowing the Cosmos Hub to secure other blockchains and capture value.
