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Cosmos founder Jae Kwon is facing backlash for considering a blockchain fork after the community approved a proposal to cap the maximum inflation rate of the ATOM token at 10%. Supporters argue that this cap will prevent overpaying for security, while Kwon and his allies express concerns about potential network security implications. In response, Kwon has proposed a new forked network called AtomOne, which would operate autonomously with its own governance plan and development team. The AtomOne network aims to provide an alternative to the Cosmos community, allowing for diverse political thought and innovative solutions. Kwon suggests that the old ATOM token could still be integrated into the new network. However, Kwon’s plan has faced criticism from community members who believe it goes against the principles of governance and democracy. The controversy surrounding the Cosmos blockchain has resulted in a 4% decrease in the price of the ATOM token in the last 24 hours.