One more sad news... Cosmos Hub is no longer able to function as a Hub The proposal to recover the IBC-client failed solely because a quorum was not reached Only 36.61% of the minimum required 40% voted in favor of the proposal This means that networks connected to Cosmos Hub via IBC-relays no longer have the assurance that the connection will be restored in the event of a failure, which could lead to users' tokens becoming permanently stuck in another network, further reducing the use of Cosmos Hub as a Hub Since @cosmoslabs has assumed responsibility for managing Cosmos Hub, the blame for what is happening can be placed solely on them They are failing in their "leadership" responsibilities and are unable to motivate validators to vote on technical proposals What are they doing? They are selling their face, but it’s a pity this doesn’t affect the price of $ATOM

From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments