Messari released the Cosmos Hub 2024 Quarter 1 report, with the following highlights: 1. Cosmos Hub revenue grew by 90% quarter-on-quarter, and while registration-related activities saw some peaks, demand for fees continued throughout the quarter. 2. Daily active addresses and daily transaction volume increased by 56% and 43% month-on-month respectively. Part of the increase was due to registration-related activity; 3. After community discussions and signalling votes, Cosmos Hub will launch Licensed CosmWasm, which will enable specific, pre-approved programmable forms for shared security, money management, and governance. Under Proposition 897, in addition to Replicated Security, interchain security now includes Partial Set Security (PSS). Elys Network will be the first network to implement PSS and use some of the security features of the Cosmos Hub validator. 4. With quarterly TVL growth rates of 19% and 71%, respectively, Neutron and Stride are the first two chains to receive Cosmos Hub replication security and join the Atom Economic Zone.
Web3 Desktop Trading Tool
Stay ahead of the game in the cryptocurrency space.