Zaki Manian and Jack Zampolin on Why ATOM Is 'Dogecoin for Academics' - Ep. 406
Zaki Manian, cofounder of Sommelier Protocol and cofounder of Iqlusion and Jack Zampolin, founder of Strangelove Ventures, discuss everything about Cosmos, the new white paper, and how to improve MEV capture for ATOM holders.
Show highlights:
how Jack and Zaki got involved with crypto and Cosmos
what the Sommelier protocol is, the role of Iqlusion, and what Strange Love does
the basics of Cosmos and application-specific blockchains (ASB)
why would a project choose to be an ASB rather than an application on a blockchain
whether Cosmos can achieve network effects
the reasons behind launching a new white paper for Cosmos
why the team decided to pursue interchain security
whether there would be an increase in fees with so many chains relying on the Cosmos Hub for security
how much economic value the Cosmos Hub will end up securing if the proposal gets passed
how the Cosmos Treasury could be used to fund development
the role of the Interchain Scheduler to capture MEV
whether centralized exchanges are going to start trading against the customers
the new issuance model proposed for ATOM
the role of an active governance community to make Cosmos more decentralized
what problems Liquid staking solves
how USDC will launch on a consumer chain
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Episode Links
Previous Coverage of Unchained on Cosmos:
How Osmosis Is Trying to Improve the Crypto User Experience
New white paper
Document
Proposal
Interchain security
Paper
The Block article
The DeFi investor thread
ATOM 2.0
Thread by Route 2 DeFi
Youseff Amrain’s thread
Charlie Morris’ thread
Other articles
Vaneck’s article: Why we are bullish on Atom
Alex Valaitis article: A deep dive into Cosmos
Liquid Staking
Native USDC on Cosmos
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The Cosmos App-Chain Thesis | Zaki Manian, Jack Zampolin
In this episode of Empire, Jason and Santi are joined by Zaki Manian and Jack Zampolin to explore the past, present and future of the Cosmos ecosystem and tech stack.
What are the advantages of application-specific chains? How will IBC and Interchain security shape the future of cross-chain interactions? What is ATOM 2.0? We discuss these questions and more in this Cosmos deep dive.
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Follow Zaki: https://twitter.com/zmanian
Follow Jack: https://twitter.com/jackzampolin
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Timecodes:
(00:00) Introduction
(01:21) History of Cosmos & Tendermint
(18:18) App-Chain Thesis
(30:47) DyDx's Move to Cosmos
(40:57) Circle Ad
(42:39) Cosmos & ATOM Value Accrual
(50:29) ATOM 2.0 Alpha
(52:33) Asynchronous Composability, Flash Loans and New Innovations
(1:05:44) Expanding Cosmos, MEV and IBC Ethereum
(1:16:52) Pros and Cons of the Cosmos Developer Collective
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Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.