chore: cosmos-sdk v0.42.x, modernized for easier migrations

[faddat]

Description

This is where I'm heading with solutions to this:

#14426

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Before we can merge this PR, please make sure that all the following items have been
checked off. If any of the checklist items are not applicable, please leave them but
write a little note why.

• Targeted PR against correct branch (see CONTRIBUTING.md)
• Linked to Github issue with discussion and accepted design OR link to spec that describes this work.
• Code follows the module structure standards.
• Wrote unit and integration tests
• Updated relevant documentation (docs/) or specification (x/<module>/spec/)
• Added relevant godoc comments.
• Added a relevant changelog entry to the Unreleased section in CHANGELOG.md
• Re-reviewed Files changed in the Github PR explorer
• Review Codecov Report in the comment section below once CI passes

[tac0turtle]

why is this version being worked on, this version has reached EOL? Please don't do linting on older releases, it makes it harder to review.

[tac0turtle]

closing this till we have consent in the issue

[faddat]

ok man no worries, I'll continue to grind on it and give some more reasoning behind it for you