The Cosmos (ATOM) ecosystem is made up of a number of Tendermint-based blockchains, including Agoric, and Band Protocol, Binance Chain, Kava, Terra, and Thorchain. Bison Trails will offer its customers the ability to use its infrastructure to stake and delegate their tokens and earn passive income from transaction fees and validator rewards on their holdings while securing the decentralized network.
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Bison Trails: Build new nodes 100x faster
The Blockchain infrastructure firm says Global Blockchain Sync can cut “the time it takes for new nodes to sync from the typical weeks or months to mere hours’
The GBS service can set up an EOS (EOS) archival node within 72 hours as opposed to six months, while Ethereum archival node setup time is cut from over 14 days to 12 hours, Bison Trails said. Supported networks include Polkadot (DOT), Kusama (KSM), Cosmos (ATOM), Celo (CELO) and NEAR (NEAR).
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Coinbase CEO Brian Armstrong is backing staking (Photo by Steve Jennings/Getty Images for TechCrunch)Coinbase supports Cosmos staking
Coinbase customers who keep Cosmos tokens on the trading platform can earn a 5% annual percentage yield on their holdings
This support may be interpreted as an implicit—and important—endorsement by Coinbase, which is arguably one of the most influential exchanges in the cryptocurrency market. While staking rewards isn’t the same as a new listing, ATOM may benefit from the widely accepted “Coinbase Effect,” which says that a listing on the San Francisco-based exchange brings a sharp—even ridiculous—price boost.
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Lucas Geiger said OpenLibra is going to hijack Libra, but in a "non-adversarial" way (Lane Rettig, via Twitter).OpenLibra plans fork to create Facebook-free version of Libra stablecoin
A group of blockchain developers threatened to split the Libra cryptocurrency’s blockchain and create a competitor free from corporate control
Facebook’s Libra stablecoin may be years from becoming a reality, but that didn’t stop a group of blockchain companies calling itself OpenLibra from announcing plans to fork the stablecoin. News of the preemptive split came at the Ethereum developer conference Devcon 5 in Osaka, Japan on October 9. Lucas Geiger, co-founder of blockchain infrastructure firm Wireline, described the OpenLibra project, as aimed squarely at the corporate control of Libra. Essentially, OpenLibra would be pegged to the Libra coin, a cryptocurrency which will be backed by a basket of fiat currencies to keep its price level. Using the tagline “lock the door open,” the newly launched OpenLibra website called itself an…
