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. is probably a bearish thing for Cosmos Hub the Hub's killer feature is to bootstrap new zones using shared security w/ CW, devs can simply build smart contracts on chains like Terra and be secured by Luna, which has a bigger market cap (ie higher security) than Atom
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oh and of course the Hub can provide shared security to help bootstrapping the long-tails
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Hub will likely have permissioned cosmwasm for light client auto-upgrades + some specific service functionality. Also Hub community pool + ICF funded initial cosmwasm development while Terra still hasn’t paid Confio a dime.
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