Cosmos Hub Special Forces

1. Status Quo of Cosmos Hub Growth Distinguishing “Cosmos Network” and “Cosmos Hub” • “Cosmos Network” : Groups of networks and its ecosystems related to Cosmos-SDK and IBC. • “Cosmos Hub” : The blockchain network operated by Atom dPoS. • Although the Cosmos Hub benefits from the growth of Cosmos Network, it should possess its strong functionalities within the context of Cosmos Network to survive and succeed. • Therefore, there exists two kinds of activities and contributions around Cosmos • Growing Cosmos Network • Support great functionalities for Cosmos Hub users • Atom value is related to both, but it is more directly related to the later Lack of “Exclusive Force” only for the Cosmos Hub • There exists very weak plans and investments purely for the Cosmos Hub. • IBC, Cosmos-SDK framework are good for the entire Cosmos Network, but it is less related to the success of the Cosmos Hub. • AiB and ICF are more focused on growing Cosmos Network as a whole, but relatively less investment is executed exclusively for the Cosmos Hub. • The core functionality and vision of the Cosmos Hub is vague, and no one is leading at accomplishing the vision. It’s not…

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This is an awesome idea. In my understanding it aligns with the spirit of the ATOM2021 initiative and resonates with the community of the Cosmos Hub. This initiative could spark up a conversation about further exploring ways of expanding $ATOM utility.

Great post Hyung, So, the bottom line which is to have a designated task force for the Cosmos Hub to drive more utility to ATOM and the Hub is much needed. This brings me to a point which i want to add to this discussion. As we know the ICF currently funds primarily everything sorounding the Cosmos ecosystem as a whole. This includes also the Cosmos Hub. The ICF is following the Jae Kwon vision of ultimate transparency especially when it comes to funding new projects. This is quite noble and there many positives because it reflects the open and permissionless ideal of the blockchain space. Nevertheless, when trying to compete with giants like Binance in order to not only stay relevant but to keep a competative edge it is not always in the best interest to strive for ultimate transparency and in this im referring to open sourcing everything and in regards to the ICF only funding open source projects. The key here for the hub to be successful is to have a good mix of both. The Cosmos Hub community and ICF need to fund both in order to make the Hub relevant for decades to come. Now that IBC is coming and the last whitepaper deliverable is close to completion at least 50% of…

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I am completely agreeing with all of your statements @Immasssi .

Coexisting of both AiB, ICF, and hub exclusive special forces will allow us to recruit more sustainable contributors only for hub utilities, but also the Committee with persons from different organizations can work as a coordination channel among AiB, ICF, and community members without any majority decision power.

The group is also completely free on pursuing any kind of project, especially community demand driven utilities. In this way, the vision of the Cosmos Hub can have more variety than the past status only via AiB and ICF leaderships.

I think this restructuring can be the real usecase of community fund. To support long term independent Cosmos Hub contributors.

Coordination with both organizations is also very important factor for this plan too. It is not to replace the organizations, but to empower the engine of Cosmos Hub innovations so that Atom holders can enjoy more resilient contributor ecosystem, which will result in larger userbase of Cosmos Hub.

I am currently talking both with AiB and ICF to find best collaboration options, so I will add more information soon!

Just to be transparent about what I’m doing here:

I’m providing support and mentoring to Jelena at Informal and Shahan at Interchain Berlin about building more capacity to support end to end build use cases for IBC and the Hub.

I think fully realizing the potential of Cosmos, Ethereum and Liquidity management is deep enough rabbit hole to pursue with Sommelier. As a side effect, the Peggy community expects to be able to offer a very robust Peggy implementation to the Hub.

There are a lot of important pieces of IBC missing in addition to a flag ship use case. I think there should be more efforts at planning and executing on a flagship usecase.

I think the key sources of the demand for Hub will come from

1. Sovereign chains will continue to launch. They will want to conduct treasury and price discovery operations somewhere. The Hub is ideally suited for this.

They could use Peggy and conduct treasury and price discovery operations on Ethereum. I expect that native IBC will be a less operationally complex and more composable solution than Peggy for many use cases for sovereign chains.

1. There will be demand for settlement, trading and lending operations in more predictable environment than Ethereum.

2. I expect there will be demand for systems that are only possible via the kinds of Application specific consensus capabilities that Sikka is working on and the Hub can play a key role in intermediating between these applications.

3. There are two production applications uses Tendermint based cross chain staking. Binance Smart Chain and Matic. There is a role for more like this but I suspect this is an Atom 2022 thing.

zaki_iqlusion: ing and executing on a flagship usecase. Thanks Zaki for listing current activities. some questions and thoughts. • what is peggy community? Althea + ? • i saw about sommelier the other time. is it what you see as core functionality for the Cosmos Hub growth? • supporting beginning phase of sovereign chains by providing token generation and trading platform is a good usecase of the Cosmos Hub. Because it is closely related to AMM, B-Harvest has a good willingness to take responsibility for designing and developing the features. • cross chain staking is also one of the most important pieces for Cosmos Hub utility growth. I saw it is recently being progressed from informal.system. Do you think they have enough energy and willingness to bring it production as soon as possible? • staking derivative is also an open question as now. some special force is needed who has great design and devotion of resources to bring it to the Hub and operate. Also I want to hear about your opinion regarding Special Force suggestion. I think too diversified set of teams working on too many separate things might be not very sustainable. Distracted funding results in…

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Distinguishing “Cosmos Network” and “Cosmos Hub”

Fully agree with these points. We started work last year on a dedicated website for Cosmos Hub, which should solve this. A standalone website will help to untangle the narrative around the Hub and ATOM from the Cosmos Network website, and offer a more suitable entry point for newcomers on exchanges than cosmos.network.

AiB and ICF are more focused on growing Cosmos Network as a whole, but relatively less investment is executed exclusively for the Cosmos Hub.

I’m hoping to get support from the community to enable us to bring the website to life – I may create a separate forum post for this. If funded by the community (not the ICF), and work carried out by an independent third-party (potentially my own private company) we can do more to promote the ATOM token and offer more actionable ways for newcomers to get started in the ecosystem as token holders – something not really appropriate to do on cosmos.network.

I support this 100%. Lets do it!

It’s great suggestion about value up of the price of Atom! I will follow you and your suggestion.

Has there been any updates with this proposal?

Tendermint Launches $20M Venture Fund to Boost Development Across Cosmos -...

As Cosmos enters its next chapter, Tendermint Ventues is rolling out a $20 million fund to support promising projects.

Detail will be announced soon. B-Harvest(6 of us, and growing!) will invest 100% our resource for Cosmos Hub for very long period of time. We are very excited to have this sustainable partnership.