Interoperability-focused blockchain network Cosmos has dropped a new white paper proposing a revamped Cosmos Hub aimed at strengthening interoperability and security, along with key changes to its Cosmos (ATOM) token.
The new Cosmos white paper was released on Monday at the Cosmoverse conference in Medellin, Colombia. The upgrades outlined in the white paper are still technically in “proposal” status, but changes are expected to be made on-chain on Oct. 3.
Cosmos is an ecosystem of blockchains designed to scale and interoperate with each other. Cosmos Hub was the first blockchain to be built on Cosmos, which initially served as an intermediary between other interconnected blockchains.
ATOM is used to transact within the Cosmos ecosystem, which can also be used for governance and staking purposes.
Under the proposed changes, Cosmos will become a more interoperable, decentralized and secure ecosystem.
One of the changes outlined is the reinvention of the Cosmos Hub as the “Interchain”...
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