Hi Cosmonauts! ⚛️ Welcome to the Cosmos ecosystem news roundup, here are the top stories in Cosmos in the 1st half of May:
COSMOS HUB AND CONSUMER CHAINS: Partial Set Security and Vote Power Tax proposal
NAMADA: Community concerns about the Shielded Expedition
DYDX v4: Upcoming CosmWasm integration
OSMOSIS: v25 upgrade overview
KUJIRA: Awesomwasm hackathon tracks
CELESTIA: Rollkit overview SEI: Several ecosystem updates and events
PERSISTENCE: Launch of stkXPRT
SECRET NETWORK: Selected projects of Q2 grants
AKASH: Mainnet 11 and Akash Accelerate 24
OTHER ECOSYSTEM NEWS: Onomy exchange launch and Lava foundation fundraising Focused sections about the Cosmos hub and consumer chains Stride and Neutron, Namada, dYdX, Osmosis, Kujira
All this and much more in this episode, and now for today’s top stories
The following is an AI auto generated summary from ICI:
Cosmos Hub V16 upgrade introduces partial set security. 00:07Proposal for a vote power tax to solve revenue issues for validators and decentralization in Cosmos Hub. 02:34
- Partial set security offers more flexibility for consumer chains
- Concerns raised by potential consumer chains about additional costs and no additional revenue
Implementation of VP tax to benefit Cosmos Hub in terms of security and decentralization. 04:53
- Introduction of a proposal for a vote power tax to address the revenue issue for validators running consumer chains.
- The idea aims to equally distribute the tax collected to all Cosmos Hub validators, potentially solving the revenue problems and decentralization issues.
Challenges in achieving uptime and governance issues in Cosmos crypto community. 07:12
- The VP tax proposal aims to increase security, reduce centralization, and incentivize validators
- Recent implementation of minimum 5% fee shows potential support for VP tax proposal
- Validators faced difficulties in maintaining uptime, impacting their sleep and personal schedules.