The Cosmos Blockchain Founder Announces Fork of AtomOne Chain

Key Points:

• Jae Kwon, founder of the Cosmos blockchain, is planning to fork a new chain called AtomOne.
• The decision follows a governance vote that did not align with Kwon’s stance.
• The Cosmos community recently approved a proposal to trim the Cosmos Hub 3 chain’s token supply.
• Kwon believes that AtomOne will be an improvement over the existing Cosmos blockchain.

Founder’s Plan to Fork a New Chain

The founder of the Cosmos blockchain, Jae Kwon, has recently made an unexpected announcement. He revealed his plans to fork a new chain called AtomOne following a governance vote that did not align with his stance. This decision comes as a surprise to many members of the Cosmos community who are accustomed to Kwon’s influence and leadership within the project.

A Governance Vote That Divided the Community

The recent governance vote in question involved a proposal to trim the token supply of the Cosmos Hub 3 chain. While this proposal was ultimately approved by the majority of the Cosmos community, Kwon expressed his disagreement with the decision. As a result, he has decided to take matters into his own hands and create a separate chain, AtomOne.

AtomOne: A Potential Improvement

According to Kwon, AtomOne will address some of the shortcomings of the existing Cosmos blockchain. While details about the specific changes and improvements are still scarce, Kwon’s decision to fork a new chain reflects his vision for a blockchain that aligns more closely with his own beliefs and perspectives.

The Impact on the Cosmos Community

The announcement of the AtomOne fork has sparked significant discussions and debates within the Cosmos community. Some members support Kwon’s decision, citing the need for a blockchain that caters to his unique vision. However, others express concerns about potential division and fragmentation within the Cosmos ecosystem. It remains to be seen how the community will respond and adapt to this upcoming change.

Hot Take: Evaluating the Impact

The decision by Jae Kwon to fork a new chain, AtomOne, following a governance vote that clashed with his position has left the Cosmos community in a state of uncertainty. While some are supportive of Kwon’s pursuit of a blockchain that better aligns with his vision, others worry about the potential fragmentation within the community. This development highlights the importance of effective governance mechanisms and the challenges of maintaining consensus within decentralized ecosystems. The future success of AtomOne and its impact on the Cosmos community will depend on how these concerns are addressed and the ability of both chains to thrive independently or find common ground.