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The Cosmos (ATOM) network is undergoing a significant development phase with plans for a fork. Founder Jae Kwon confirmed the news following a successful governance proposal to cap ATOM inflation at 10 percent. Despite Kwon’s objection to the proposal, he acknowledged its unsurprising success and suggested that the votes may have been influenced by newly purchased tokens. The proposal aims to address concerns about overpaying for security by reducing inflation and staking rewards. Kwon has now announced plans for a fork project called AtomOne, which aims to integrate ATOM and ATMO/ATOM1 and provide an alternative governance architecture. The founder has called on the community to participate in a discussion about the split. However, the announcement of the fork has caused a decline in the value of ATOM, with a 6 percent loss at the time of press. Despite this, some analysts view the fork as a bullish event for the Cosmos Hub, as it could lead to a significant ATOM airdrop and resolve years of political tension.

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