Cøsmos Network: Registrations for HackAtom VI are now open, Cosmos Signal introduced, Terra now enables IBC, BitSong is now IBC-enabled, Injective IBC Bridge launches, TIBC introduced, Matt Damon and water.org partner with Crypto.com, Quentin Tarantino is breaking into NFTs, thanks to Secret Network, IRITA partners with Asia Digital Bank, e-Money & Regen Network collaborate, BSC Chapel testnet’s hardfork upgrade on Nov 5, The Kava 9 mainnet upgrade is coming, and more!

Paradigm
Paradigm
Published in
14 min readNov 3, 2021

Biweekly update on the Cosmos ecosystem vol. 58, 19th October — 3rd November

Astronauts, the last two weeks have been extremely fruitful for the Cosmos ecosystem, and we can’t wait to share some of the most exciting news with you!.

The biggest HackAtom in Cosmos history has been announced, offering developers around the world the chance to compete for their share of a massive $1,000,000 of ATOM in prizes. With registrations beginning on October 27 and the official opening ceremony in Lisbon, Portugal, on November 11, get ready to take the decentralized web to the next level! Registrations are now open! Don’t miss your chance to participate!

Considering the Cosmos governance updates, Proposal 57 ‘Lowering Liquidity Pool Creation Fee’ has been rejected. Cosmos Proposal #58 is in the voting period. This signal proposal is to ask Atom stakers about adopting Budget and Farming modules on Cosmos Hub for general utility incentivization mechanism in near future. Don’t forget to vote!

As for the Cosmos ecosystem news: BSC Chapel Testnet is expected to undergo a hardfork upgrade on November 5. The IBC (Inter-Blockchain Communication) protocol has been enabled on Injective making the IBC Bridge officially live. BitSong is now IBC-enabled, bringing Cosmos interoperability and a brand new BTSG listing on Osmosis. Stargaze becomes the 20th Cosmos chain to enable IBC and join the Internet of Blockchains e-Money & Regen Network to collaborate to bootstrap liquidity on Osmosis DEX. The RND SDK team just released Cosmos SDK v0.44.3. Matt Damon and water.org partner with Crypto.com, bringing clean water to millions in need. The winners of the Filebase & Akash Hackathon have been announced. BandChain Phase 2 Proposal 5 is now live to enable the IBC token transfer feature. The file storage on Bluzelle is no longer in the soft mainnet status, but has been migrated to full mainnet. This is also linked to the support of numerous NFTs, of which some projects are currently being integrated into our file system. Following the upgrade of the Bytom 2.0 mainnet in August, Bytom once again ushered in a major upgrade, and the new Summoner Contract Language was officially released. TIBC has been introduced, the Terse Inter-Blockchain Communication protocol designed and built by Bianjie on the conceptual basis of the IBC protocol. IRISnet is about to upgrade with the integration of TIBC module and refactored NFT. In order to make sure the upgraded network remains stable and robust, IRISnet is launching the Bug Bounty Program IV as part of the mainnet upgrade preparation to timely find and fix potential issues with assistance from skilled developers. Bianjie, core dev team behind IRITA, has established a strategic partnership with Asia Digital Bank. The Kava 9 mainnet upgrade is coming, and it’s bringing the upgrade to version 44 of the Cosmos SDK, which will implement the Inter-Blockchain Communication Protocol. Latest updates to Oracle Fusion ERP Analytics enable finance and operations leaders to gain greater visibility into costs and assets and accelerate decision-making. Quentin Tarantino is breaking into NFTs, thanks to Secret Network. Also, Enigma is rebranding into SCRT Labs. Chainlink Price Feeds, one of the most widely relied on decentralized price oracle solutions across DeFi, is now live on the Terra testnet. And more!

That’s all for today! Stay tuned!

Development

Github metrics:

  • The RND SDK team just released Cosmos SDK v0.44.3.

Cosmos Governance

Proposals:

  • Cosmos Proposal #57 was rejected [Lowering Liquidity Pool Creation Fee]
  • Cosmos Proposal #58 is in the voting period [Signal Proposal: Adopting the Budget and Farming Modules on Cosmos Hub] This signal proposal is to ask Atom stakers about adopting Budget and Farming modules on Cosmos Hub for general utility incentivization mechanism in near future.
  • Find the latest governance proposals here.

Partnerships

Asia Digital Bank Adopts Cosmos Tech to Build New Generation of Digital Banking System

The strategic partnership with leading blockchain tech company Bianjie further expands Cosmos’ footprint into the enterprise blockchain space

Last month, Cosmos shone a spotlight on how Interchain Grantee Bianjie is helping to grow the Cosmos ecosystem. As a core contributor to IRISnet and the Cosmos network, this month, we’re pleased to say we’re already making rapid progress! Asia Digital Bank Ltd. (Labuan Investment Bank) (Registration No. LL16434), (licensed Labuan Investment Bank) (License №200134BI)(AsiaDB), the first recipient of the Digital Banking license issued by Labuan Financial Services Authority in Malaysia and an innovative global digital asset operator, just announced a strategic partnership with Bianjie. AsiaDB, with Bianjie’s support, plans to build a new digital financial infrastructure that supports seamless integration of centralized and decentralized financial services.

Powered by Cosmos’ scalable, sovereign, interoperable blockchain stack, this new digital banking infrastructure will support the realization of a lawful self-service financial paradigm. Utilizing DID, NFT, Big Data privacy protection, and interchain technologies via the Cosmos-based enterprise suite, IRITA, AsiaDB’s firms, and individual users can manage both centralized bank accounts as well as accounts on open, distributed ledgers connected through Cosmos/IRISnet Hubs.

The vision behind this blockchain-empowered digital banking system is not only to help drive enterprise blockchain adoption in this part of the world but also to provide more secure, cost-effective, transparent, and lawful financial services for both consumers and enterprises and users around the globe.

Awareness and Events

Introducing Cosmos Signal — The All-New Quarterly Keynote

Cosmos Signal, our all-new high-impact quarterly keynote in which we reveal the latest exciting developments and showcase stunning new products in the Cosmos ecosystem. Well, finally the moment has come to see it for yourselves! Play the video below to find out more about our flourishing ecosystem and what the rest of Q4 has in store for you. Warning: It’s going to blow you away!

Registrations for HackAtom VI Are Now Open

The biggest HackAtom in Cosmos history is officially here and you can register to participate now. Take part in HackAtom VI individually or as part of a team and impress our judges to claim your share of the massive $1,000,000 in ATOM prize pool. HackAtom VI will last for a whole month online from Nov 11 to Dec 8, with additional in-person events, including a half-day pre-hackathon warm-up in Berlin on Oct 29, and the official opening ceremony in Lisbon on Nov 11. Let’s take a closer look at the details.

Cosmos is taking the stage NFT_NYC:

Finance

Information from Mintscan.io:

Top 10 validators:

Cosmos Markets

Information from Coinmarketcap.com:

Top Cosmos Ecosystem Coins by Market Capitalization:

The Cosmos Ecosystem market cap today is $52 Billion, a 3.4% change in the last 24 hours.

Cosmos Roadmap:

The Cosmos Hub Roadmap 2.0

Earlier this year, Cosmos completed its whitepaper, fulfilling its founding vision of blockchain interoperability, scalability & usability that was laid out in the original 2016 roadmap. Today the Inter-Blockchain Communication (IBC) protocol, enabling the transfer of digital assets & messages between Cosmos chains & more, lifts the Cosmos Hub to new levels of scalability & utility. Discover those key developments that are bringing the cross chain and DeFi future to the Cosmos Hub:

  • Liquidity Protocols
  • Staking Derivatives
  • Interchain Staking & Accounts
  • NFTs

Ecosystem updates

Akash Network:

Althea Network:

  • The Althea team began preparations for the Althea blockchain launch.
  • Althea Network is growing!

Binance (BSC):

BitSong:

Bluzelle:

  • Release of the NFT Storage Mainnet and Increased Staking Rewards: The file storage on Bluzelle is no longer in the soft mainnet status, but has been migrated to full mainnet. This is also linked to the support of numerous NFTs, of which some projects are currently being integrated into our file system. These will be announced in the coming weeks in the upcoming Deep Dive Announcements.

Bytom:

Idena Network:

  • Idena validation results:

IRIS Network:

  • Introducing TIBC: The Terse Inter-Blockchain Communication Protocol: TIBC is the Terse Inter-Blockchain Communication protocol designed and built by Bianjie on the conceptual basis of the IBC protocol. TIBC reduced the complexity of cross-chain connections between homogeneous networks and heterogeneous networks to facilitate the extension of cross-chain abilities, and to support cross-chain NFT, cross-chain smart contracts, and cross-chain services.

Kava:

  • Kava 9 Is Coming: IBC and More: The Kava 9 mainnet upgrade is coming, and it’s bringing a number of exciting changes aimed at expanding the Kava Ecosystem by adding new ways for users and projects to bring their assets to Kava. Chief among these is the upgrade to version 44 of the Cosmos SDK, which will implement the Inter-Blockchain Communication Protocol (IBC). This will allow holders of all IBC-enabled assets to seamlessly bring their assets to Kava and earn with them on Kava’s best-in-class products. Existing Kava users will also gain access to an array of new in-demand assets to use in the Kava Ecosystem. The targeted launch timeframe for the Kava 9 upgrade is late Q4 2021 to Q1 2022.

Oasis:

Oracle:

Polygon (previously Matic)

Secret Network:

Terra:

Projects that are actively building on the Cosmos ecosystem

MISC

Social media metrics

Social media activity:

The Cosmos community continues to grow! There is a stable increase in the number of subscribers of Cosmos social media channels these weeks.

Medium

Twitter

Telegram

Reddit

Youtube

Cosmos forum

Join Cosmos official Discord channel here.

Check out Tendermint and Interchain Foundation Twitter pages.

There are also Community-managed Channels. These channels are managed entirely by members of the Cosmos community and do not represent official Cosmos or ICF announcements.

Cosmos Validator Working Group

Twitter Cosmos China

Twitter Cosmos Korea

Twitter Cosmos Japan

Cosmos India Telegram

Cosmos Singapore Telegram

This is not financial advice.

Subscribe to detailed companies’ updates by Paradigm!

Medium. Twitter. Telegram. Telegram Chat. Reddit. LinkedIn.

Main sources

Cosmos blog

Cosmos Twitter page

Cosmos subreddit

Cosmos Youtube channel

Tendermint media

Interchain Foundation media

Ecosystem projects’ social media

Cosmos news by Adriana and Daniela

🪐Crypto Twitter in general

--

--