The popular decentralized exchange, Uniswap, is having one of its latest governance proposals stonewalled by the crypto venture capital giant Andreesen Horowitz (a16z). The ongoing proposal vote, which ends on February 10, is currently 38% weighed against the change – almost entirely due to the software investor. So Much for Decentralization The proposal, tabled by 0xPlasma Labs on February 2, would have Uniswap v3 deployed to BNB chain. To enable the deployment, the proposal chose to use Wormhole – an…
Cosmos
What is Cosmos (ATOM) and How Does it Work?
Cosmos (ATOM) is a decentralized network of independent parallel blockchains, each powered by the Cosmos-SDK, a software development kit for building blockchain applications. The goal of Cosmos is to create an ecosystem of interconnected blockchains that can scale and interoperate with each other, allowing for the transfer of assets and data between different chains. The native token of the Cosmos network is ATOM, which is used to pay transaction fees and participate in governance decisions on the network. The Cosmos…
Block Education
@BlockEducation
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