Cosmos (CRYPTO: ATOM)
Key Data Points
Cosmos Return vs. S&P
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Cosmos Company Info
Cosmos is a network of many independent blockchains, called zones. The zones are powered by Tendermint Core, which provides a high-performance, consistent, secure PBFT-like consensus engine, where strict fork-accountability guarantees hold over the behaviour of malicious actors. Tendermint Core’s BFT consensus algorithm is well suited for scaling public proof-of-stake blockchains.The first zone on Cosmos is called the Cosmos Hub. The Cosmos Hub is a multi-asset proof-of-stake cryptocurrency with a simple governance mechanism which enables the network to adapt and upgrade. In addition, the Cosmos Hub can be extended by connecting other zones. The hub and zones of the Cosmos network communicate with each other via an inter-blockchain communication (IBC) protocol, a kind of virtual UDP or TCP for blockchains. Tokens can be transferred from one zone to another securely and quickly without the need for exchange liquidity between zones. Instead, all inter-zone token transfers go through the Cosmos Hub, which keeps track of the total amount of tokens held by each zone. The hub isolates each zone from the failure of other zones. Because anyone can connect a new zone to the Cosmos Hub, zones allow for future-compatibility with new blockchain innovations. The supply won’t be limited as the project plans to introduce a yearly inflatory model.Telegram | Discord | GitHub | Reddit | YouTubeWhitepaper
News & Analysis
Why Cosmos Hub and Other Altcoins Were Soaring Today
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At its annual developers conference, Cosmos unveiled an updated strategy for where this crypto is headed.
Will This Cryptocurrency Be the STEPN of 2023?
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2 Cryptos That Are Still Soaring Right Now
Despite weakness in the broader crypto market, both Chiliz and Cosmos have been turning in strong recent performances.
2 Reasons Why Cosmos' ATOM Token Is Soaring Today
Interconnected blockchains could be the future, and these two catalysts are driving even more attention to the cryptocurrency today.
Here's Why Arweave, Cosmos, and Aave's Cryptocurrencies Are Making Moves Today
The crypto market is ending 2021 with a day of sell-offs, but some tokens are cutting through the pressures.
Why Cosmos Dove 13% Over the Weekend
The wider crypto market slumped on Saturday.
Why Enjin Coin, Fantom, and Cosmos Surged This Week
October has been a great month for many cryptocurrencies.
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