The most widely accepted model of Solar System formation, known as the Nebular hypothesis, does not solve the Angular Momentum problem – why is the orbital momentum of Jupiter larger than rotational momentum of the Sun? The present manuscript introduces a Rotational Fission model of creation and evolution of Macrostructures of the World (Superclusters, Galaxies, Extrasolar Systems), based on Overspinning Cores of the World’s Macroobjects, and the Law of Conservation of Angular Momentum. The Hypersphere World-Universe model is the only cosmological model in existence that is consistent with this Fundamental Law. This article proposes an explanation for High-Energy Atmospheric phenomena through the frames of Hypersphere World – Universe Model (WUM). In WUM, Terrestrial Gamma-Ray Flashes (TGFs) are, in fact, Gamma-Ray Bursts (GRBs). The spectra of TGFs at very high energies are explained by Dark Matter particles annihilation in Geocorona. Lightning initiation problem is solved by GRBs that slam into thunderclouds and carve a conductive path through a thunderstorm. We introduce Multiworld consisting of Macro-World, Large-World, Small-World, and Micro-World, characterized by suggested Gravitational, Extremely-Weak, Super-Weak, and Weak interaction respectively. We propose a new model of Ball Lightning formation based on the Dark Matter Core surrounded by electron-positron plasma in the Small-World. This manuscript provides a comparison of the Hypersphere World-Universe Model (WUM) with the prevailing Big Bang Model (BBM) of the Standard Cosmology. The performed analysis of BBM shows that the Four Pillars of the Standard Cosmology are model-dependent and not strong enough to support the model. The angular momentum problem is one of the most critical problems in BBM. Standard Cosmology cannot explain how Galaxies and Extra Solar systems obtained their substantial orbital and rotational angular momenta, and why the orbital momentum of Jupiter is considerably larger than the rotational momentum of the Sun. WUM is the only cosmological model in existence that is consistent with the Law of Conservation of Angular Momentum. To be consistent with this Fundamental Law, WUM discusses in detail the Beginning of the World. The Model introduces Dark Epoch (spanning from the Beginning of the World for 0.4 billion years) when only Dark Matter Particles (DMPs) existed, and Luminous Epoch (ever since for 13.8 billion years). Big Bang discussed in Standard Cosmology is, in our view, transition from Dark Epoch to Luminous Epoch due to Rotational Fission of Overspinning Dark Matter (DM) Supercluster’s Cores. WUM envisions Matter carried from the Universe into the World from the fourth spatial dimension by DMPs. Ordinary Matter is a byproduct of DM annihilation. WUM solves a number of physical problems in contemporary Cosmology and Astrophysics through DMPs and their interactions: Angular Momentum problem in birth and subsequent evolution of Galaxies and Extrasolar systems—how do they obtain it; Fermi Bubbles—two large structures in gamma-rays and X-rays above and below Galactic center; Diversity of Gravitationally-Rounded Objects in Solar system; some problems in Solar and Geophysics [1]. WUM reveals Inter-Connectivity of Primary Cosmological Parameters and calculates their values, which are in good agreement with the latest results of their measurements.