These app chains are known as Cosmos chains and have been created using the Cosmos SDK to provide modularity for activities that happen on each chain without congesting others like in Ethereum.
The recent Cosmosverse event announced the highly anticipated Cosmos Hub Atom 2.0 whitepaper, which proposes several key changes to the Cosmos Hub and how this would impact the $ATOM token’s value proposition. The proposed tokenomics design goals to remove inflation in the long run but has been criticized for being similar to Carbon protocol’s $SWTH tokenomics that was already done two years ago.
The ATOM 2.0 whitepaper presents a solid roadmap and shows why the Cosmos Hub is here to stay, although it may not be as investible as ETH’s ultrasound money ideology. However, if it helps develop the rest of the Cosmos ecosystem’s modular blockchains, those are the areas where investors can look to invest in for better financial returns.
The Cosmos Hub and the Cosmos ecosystem have made great progress and are one of the more vibrant ecosystems in crypto today. As Cosmos grows, the amount of cross-chain transactions, interoperability, and composability will only increase as more innovative apps and features are made. The idea of individual app chains for personal needs is similar to having personal computers for computing needs, which presents a bright future for Cosmos.
In terms of tools and frameworks, the Cosmos ecosystem has vast resources available through Awesome Cosmos, a community-curated list of notable frameworks, modules, and tools. The IBC module for the Cosmos SDK also has its own repository for developers to use.
Overall, the ATOM 2.0 whitepaper presents a solid roadmap and shows why the Cosmos Hub is here to stay. Although the proposed tokenomics are being debated, if it helps develop the rest of the Cosmos ecosystem’s modular blockchains, those are the areas where investors can look to invest in for better financial returns.