Sirwin
Sirwin

Cosmos (ATOM)

651 Articles 17 Followers

The Cosmos (ATOM) project, which conducted its ICO in 2017 and raised $17 million, launched its network in 2019, and is tackling one of the industry’s most pressing problems, which is interoperability. The platform’s token, ATOM, is intended to be used as a means to facilitate communication and interaction between independent chains.

Interoperability is one of the foremost issues in the space, given the rate at which new blockchains ecosystems are being developed. Proponents of interoperability solutions claim that adoption and usability can be enhanced if the artificial barriers imposed by the lack of interoperability can be removed. 

One of the most notable features, and key aspect in getting developers to develop interoperability solutions, is the Cosmos SDK. This lets developers easily build on top of the Cosmos network and leverage the interoperability and scalability benefits. Currently, the team is focused on releasing products for developers.

Another notable feature is its Tendermint protocol, a consensus mechanism that operates on Proof-of-Stake and which the team says features a 1 second block time that can handle up to 10,000 transactions per second.

The Cosmos network can be broken down roughly into two elements: zones and hubs. The former is where independent blockchains hold sovereignty and function as a blockchain normally would, while the latter is a space where these multiple blockchains are linked together. 

The ATOM token is primarily used for governance on the platform, while the photon tokens, recently introduced, are focused on paying for the fees on the network.

In this tag, read Cosmos (ATOM) news, price predictions, opinions and analyses created by users.


School Boy Error - I Missed The Saga Power Level Over 9000 Vault One

10 Jun 2024 4 minute read 9 comments PVM

Saga is a platform solution that automates the launching of dedicated blockspace, such as Cosmos appchains, Celestia Rollups, Polygon CDK chains and Avalanche Subnets. This made me give more attention to the Cosmos ecosystem, and dive even more into...

The great epic EVMOS comeback!

4 Jun 2024 4 minute read 0 comments simpleMINDfull

Nostradamus – the self-fulfilling prophecy - this is a true story from your future! Looking back to you from the future, i see a single individual making waves, which actually cause some ripples turning into a tide. His Name is: Richard Brian I not...

COSMIC TRAIL

28 May 2024 1 minute read 0 comments naykdhodlr

  COSMIC TRAIL              naykdpoet.com The complexity to life on this planet coursing its journey, in the company of others, energized by central Star's coronal timeless force; Reason to Purpose being sought to understand; individuals need remind...

Cosmos Ecosystem Bounties And Strategies - Gonna Catch'em All

27 May 2024 3 minute read 4 comments PVM

There are so many airdrops announced for 2024 that I have goosebumps! I've got Celestia, Dymension, AltLayer and some memecoins on Cosmos, but the Saga Genesis and the way they planned the airdrop was extraordinary! Saga has multiple utility, and in ...

Become the cosmos

24 May 2024 1 minute read 0 comments Ship Shard

Publication in Russian on the Zen bloghttps://dzen.ru/a/ZjO41Mkcd0h5vRlO One fine evening, listening to pink noise, I imagined myself on my deathbed. I actually saw myself dying. Someone is standing around me, probably relatives, or maybe bank employ...

The Evolution and Impact of Interoperability Protocols: A Close Look at Cosmos

15 May 2024 8 minute read 0 comments letssittt

Introduction Blockchain technology is developing at an unprecedented pace and the issue of interoperability is still a very difficult problem. Blockchain networks of different kind and each with different features and capabilities generally work in i...

The NIM Network Genesis Rolldrop - I Salute You DYMond Hands

12 May 2024 3 minute read 7 comments PVM

l always seek opportunities and new ways to amplify my gains, so I created a long term strategy for my $DYM and $TIA holdings. I received $TIA on my Keplr wallet, and the $DYM was linked to the EVM wallet on Metamask ... therefore my Keplr now has tw...

A Quick Peak Into Celestia's Motivation and Solution

1 May 2024 3 minute read 0 comments Michael @ CryptoEQ

You are reading an excerpt from our free but shortened abridged report! While still packed with incredible research and data, for just $40/month you can upgrade to our FULL library of 60+ reports (including this one) and complete industry-leading ana...

Milky Way mPoints - Celestia ($TIA) DeFi, Leverage, Vaults, And Beyond

29 Apr 2024 3 minute read 2 comments PVM

This weird journey in the Cosmos ecosystem started when I was one of the 576,653 addresses meeting the criteria for the Celestia Genesis Drop. The new modular data availability network that securely scales with the number of users was ready to storm...

Dymension, Rollapps, and What Now?? A Thorough Breakdown

23 Apr 2024 4 minute read 1 comment Michael @ CryptoEQ

You are reading an excerpt from our free but shortened abridged report! While still packed with incredible research and data, for just $40/month you can upgrade to our FULL library of 60+ reports (including this one) and complete industry-leading ana...