Is Cosmos Going to Launch as a Proof of Authority Chain?

Circle announced in September of last year that USDC would launch natively. The fact that this is launching as a POA chain, Noble is versus using ICS, like a huge hit to value accrual of the chain itself. It just doesn't feel like it has the activation energy required to really make it a thing. And maybe that changes with DYDX. But I don't know, DYDX is even less of like the whole DYDX value prop used to be, it's on Starkware. Just blame it on the boomers. That's much easier.

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