Ok the Testing of the Cosmos Inter-Chain # (son of #TenderMint) Storage Improvements at #InformalSystems related to their Validator Node Staking Service Capabilities is now Priority #2
according to the Informal Systems SDK CometBFT Road Map, the real developer engine and FOSS code behind COSMOS network's current success (and sideways growth of #ATOM Market Cap).
Why is #COSMOS # price going sideways?
It's simple, the number of Validator Nodes is capped at around 200, Symptomatically COSMOS Network can't currently scale worldwide because they have yet to remove their storage write and read speed and organization 'Validation Node' bottlenecks AND, the developers mostly responsible for the Cosmos Network SDK as it applies to the Validator Node @ worldwide scale challenge, have yet to implement GEO WAN Zones to scale message and settlement traffic over expensive finite WAN bandwidth and paths effectively, where imo lack of an event driven architecture (event mesh) like what the rest of the big financial settlement networks currently do with Solace Systems, has more than a lot to do with COSMOS Network community keeping the Validator Node count capped at 200+.
The COSMOS CometBFT Storage Service Testing game plan looks like this, it's still an open ticket 'to do' item as of Aug 2023 touch on github, it was opened way back on Jun 28
https://github.com/orgs/cometbft/projects/1/views/19?pane=issue&itemId=31966233CometBFT • cometbft CometBFT github.com
Imo/experience/expertise, the above Test environment proposed for Storage improvement purposes MUST be more robust with Validator Node Service Provider (Delegated Proof of Stake) Partners involved worldwide,
Informal Systems solving both the COSMOS Network Validator Node Storage Bottleneck Challenge and what is best described as COSMOS Network's Hierarchical Geo-Zoning of Validator Node Consensus Quorums per Settlement Epoch Challenge, will allow the COSMOS Network
quickly 'rip off' their self-imposed band-aid cap currently preserving their much ballyhooed 6 second settlement and 2 minute Interchain settlement finality speeds with decent transaction/sec maximum (me thinks 700 transaction/sec but I could be wrong),
AND effectively remove a cap on the number of certified Validator Nodes significantly to go well beyond the 200+ nodes that exist today, to help the whole cryptosphere and investors who HODL start to cross-chain transact and really prosper.
HODLRs of #ATOM are waiting for these Storage Efficiency and WAN Geo Fence Security improvements
Such fixes to these two challenges WILL definitely increase ATOM use and Price by incentivizing more Regional L2 Blockchain Smart Contract Developers to use ATOM* and the related SDK and IBC protocol to connect to a much larger 'mesh' of cross-chain Smart Contracts, hitherto impossible today, which increases the velocity and number of transactions to spur on more services and eventually product sale between more parties, more efficiently and safely than any current FIAT 'Interstate' settlement system, SWIFT (#BIS) or otherwise(#Moneygram/#Ripple) could claim.
Creating the Worldwide Digital InterState: The Inter-Blockchain Protocol way..
@ Scale Validator Delegated DPoS Storage Services w/ WAN GeoFencing of Message & Transaction Traffic
By other 3rd Party Interchains using IBC, we will as a cryptosphere of interests, rapidly create a worldwide Alternative Transaction/Settlement Network at Scale alternative to the current inflationary, money printing world of FIAT robbing all of us our buying power daily.
That said, given the August date of discussion on this yet to be closed Storage Improvement item, the team at Informal Systems has probably evolved the sophistication of their Storage Testing as they have started by now cobbling together their test framework.
IMO Informal Systems could really benefit from outside 3rd party Fast Storage @ Scale Expert help to speed their efforts along where such subcontractors are financed indirectly through Informal Systems by the IBC.
Ethan Buchman founder and original inventor (now turned Cosmos PR agent ?) https://www.linkedin.com/in/ethan-buchman-10b34944/ if you are reading,
it is NOW time to strategically think about this Storage and WAN set of challenges
maybe with your COO Arianne Flemming https://www.linkedin.com/in/arianneflemming/ who is in LA CA USA
where both challenges are keeping COSMOS Network and ATOM from growing into the Digital InterState Inter-Blockchain enabling replacement of CBDCs and FIAT, a fate for COSMOS Network which imo is destined to be, IF Informal Systems and the Cosmos Network Community can together with a few 3rd party experts deliver solutions to these two challenges, quickly. (tic toc)
Look Informal Systems,
FAST Validator Node Storage @ GEO WAN scale is strategic to every Validator Node Service Provider's prosperity (happy L2 Blockchain partners and customers, ability to get at historical data quickly organized in private volumes?)
Mr. Buchman, just ask Greg Szabo at your daughter effort Informal Staking Services.., running the Informal Systems (Cephalopod Equipment) https://www.linkedin.com/in/gergelymszabo/
Since the Storage @ Scale Challenge is strategic and COSMOS Network Validator nodes offering services need to be able to scale in what are grouped WAN zones, Greg and his team will definitely know what to do.
also try having your CH and A team members look at Anapaya and what they are doing with the SCION protocol for the CH Nat'l Bank to better understand the value GEO WAN Fencing coupled with EDA Event Driven Architecture Meshes
where Additional Nodes can then be likely deployed in low cost DCs peppered around the globe
to support what will be a multitude of L2 Blockchain projects all interconnected via multiple Validator Node Services competing with one another...
this current number of nodes, now tightly controlled & capped at around 200 by the Cosmos Network is because really Informal Systems still have to work out the problems zoning and scaling #COMETBFT fast settlement between dissimilar contracts Worldwide,
removal of that cap band-aid, will see imo that cap of node count removed and the number of COSMOS Network Service Provider Validator nodes grow rapidly (delegated distributed Proof of Stake settlement of transactions)
if the Storage bottleneck is removed with better HA RAID protected DAS(per Node) or even SAN Array (Node Sharing of Flash Storage) speed and organization, combined with selective traffic geo-space & geo/function domained TRANSACTION messaging and store of value exchange and settlement traffic,
HIERARCHICALLY ORGANIZED as ZONED FLOW control
EDA SolaceAnapaya Scion to comply with National regulators seeking such traffic to stay with in their borders)
Also COSMOS Network now have a bridge into the BTC world of liquidity through one of their partners, together with their early bridge into the ERC world of ETH..... meaning there is a bigger SC Mesh Addressable Market with lots of liquidity waiting for Cosmos.
Sure, its still early days, however, now there is clearly a working COSMOS IBC protocol enabling a thin embryonic mesh of Inter-Blockchain which is node cap constrained and slowly emerging, to facilitate the Cross-chain transactions of dissimilar SCs operating on L2 blockchains everyone is looking for in the cryptosphere who are not ETH or BTC maximalists.
Where the SCs are hosted on different EVMs, where the transaction settlements of 'ATOM Stakers' making use of Cosmos Validator nodes (Ie Informal Staking Validator Service) will get 6 second completion times and about 1 minute finality times world wide with out node count limitations, provided both challenges of Fast Storage and GEO-WAN Fencing coupled with transaction zoning are acheived by Cosmos.
(nb- 'finality phase of the transaction is a potential 'cancelling' of a transaction and $ penalty claw-back from the Staked amount of the perpetrators, and is a check of the Stake of sender/receiver or buyer/seller behavior- BAD is slashed $ penalty if bad double spend behavior attempt during validation or support nefarious address masked to facilitate a theft or no slashed=GOOD if the Validator Node behaved properly and on time), finality takes about 1 minute in the Cosmos Network ecosystem). The Digital Interstate is taking shape , slowly at COSMOS Network at the moment thanks to the under-manned excellence of the team at Informal Staking... )
The big choice for the COSMOS Ecosystem?
Embrace more Govt Foot Dragging or Entreprenuerial Innovation?
Will Buchman and Flemming over at Informal Systems,
finally guide the rest of the Cosmos Community's existing SDK subscribing L2 Blockchain partners and their L1 Service Node Validator Providers via their IBC Foundation to take, (to me anyway), the obvious above secure 'no validator node count cap' actions as suggested above?
Hmm, one wonders. Their Cosmos Informal's latest collaborative WEB3 efforts seem to be a multi govt bum kissing and cajoling set of exercises with Euro and AsiaPac types which is simply playing into their local government hands, all of which are buying time to setup their own CBDCs.
My advice, in the spirit of early BTC & ETH efforts, stop asking for permission and JUST GET GOING, you don't need their permission.
Time to Call in the FAST @scale Storage an WAN Geo Fencing Experts...
which means the IBC needs to fund and get outside expert FAST STORAGE and GEO-FENCED WAN help from multiple 3rd parties parties to
first properly setup and
then test Linux Kernel Module enabled FAST FLASH Storage @ Scale,
properly GEO Fenced with SCION protocol,
set up among existing mature and trusted COSMOS Network Service Provider Validator Node Partners as a test network worldwide,
equipped with a bit of Linux kernel software enabled FAST RAID Protected Direct Attached Storage capability
(CloudProx for instance, yeah it's where I work and our SSD FAST FLASH Storage Software Solution is the fastest anywhere for the Linux Kernel operating with OTS Storage Hardware and OTS SSDs)
Doing So means Informal Systems and the COSMOS Network community can FINALLY rip off their self imposed 'band-aid' cap on Validator Node Count and, really let the Digital Interstate flourish increasing prosperity everywhere, First enabling the connection of ALL Layer 2 sidechain Smart Contracts to each other with fast transaction settlement and quick finality that we can all trust and enjoy, worldwide,
where ALL blockchains in theory can connect to the COSMOS Network Interchain jump in to Stake ATOM with their favorite REGIONALLY COMPLIANT Service Provider for Validator Node Services,
thus creating the Worldwide Digital Interstate which scales safely,
without seeking approval from anyone and in the process, rapidly extinguish the current worldwide BIS organized CBDC threat of FIAT permanent impoverishment of 'we the people', forever.
My 2 cents, be safe out there is the cryptosphere, do your own investment homework!
TK over and out. ;)
