November 8, 2022, 3:33PM EST
• 13 min read

Layer by Layer: Cosmos Hub Weighs its Future with Pivotal Cosmos 2.0 Vote Underway

Quick Take

  • In this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and bridges to network activity and funding
  • Voting has begun for the Cosmos 2.0 whitepaper proposal, with many in the community still in disagreement over the broad vision presented by the authors, as well as the details of its implementation
  • Several changes have been made to the Cosmos 2.0 whitepaper since its introduction in late September, including a reduced commitment to sweeping modifications to ATOM issuance that are intended to significantly increase protocol funding of a new Cosmos Treasury
  • With less than one week until voting ends, stakeholders are attempting to reconcile competing stances on the future role of the Cosmos Hub in the IBC ecosystem, taking into consideration a range of factors that include the plan’s overall feasibility, the Hub’s early role in IBC development, the growing influence of new chains such as Osmosis, and more

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