Cosmos Hub (ATOM) Gamma Release

Event Date: Thursday, November 30, 2023

Event Time: 00:00 CET

Gaia v11 Update - Gamma update

Updated Tuesday, September 26, 2023

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The v11-Gamma update was scheduled for Q1 2023, including enhancements to privacy, smart contract structure, and rollups. With the Gamma update, consumer chains will be able to mix the provider's chain validator set with their own staking validator sets. The upgrade will take place at a block height of 16596000.

ATOM/USD Factors Affecting ATOM Prices

ATOM has been bearish since January 2022 as our analysts explained in the 2022 Crypto forecast, as it has been affected by the sentiment in the crypto market. Although ATOM coin has shown better resilience than most of the other major cryptocurrencies and has been on a slight bullish trend in recent months. This latest upgrade will increase the interest for this network and its coin further.

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About Cosmos Hub (ATOM) Gamma Release

Cosmos is a network of blockchains that offers customizability and interoperability, united by open-source tools for streamlining transactions between them. It aims to offer an antidote to slow, expensive, and unscalable proof-of-work protocols, by offering an ecosystem of connected crypto networks. The Interblockchain Communication protocol makes it easier for crypto networks to communicate between themselves, preventing fragmentation in the industry. Cosmos Hub also aims at making the crypto industry less complex and difficult for developers by using the modular framework that demystifies decentralized apps. The Cosmos Hub blockchain is powered by its ATOM cryptocurrency which is earned through a proof-of-stake algorithm.

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