Cosmos (ATOM)

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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.


Will Cosmos' IBC Be Relevant in 5 Years?

30 Sep 2023 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 $20/month you can upgrade to our FULL library of 50+ reports (including this one) and complete industry-leading ana...

DeFi 101: Layer 0 Protocols

29 Sep 2023 4 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 $20/month you can upgrade to our FULL library of 50+ reports (including this one) and complete industry-leading ana...

Unexpectedly, Things are Looking Up this Month End

26 Sep 2023 2 minute read 1 comment Great White Snark

It's that time of month again, where money has to flow into my bank account and out again, to pay my bills (including food and rent). The bad news is that I converted my Cosmos (ATOM) and Ontology Gas (ONG) to fiat so that that can happen. (Thank goo...

Enhanced interoperability for 1 click instant cross-chain swaps using TOKI's enhanced IBC protocol

19 Sep 2023 6 minute read 0 comments Greenchic

  Making IBC work to establish interoperability with Blockchains beyond the Cosmos Ecosystem!! Cosmos’s IBC; Inter Blockchain Communication Protocol, now is getting enhanced to establish secure connections between different Blockchain for seamless c...

Sentinel - A Potential Gem In The Cosmos Ecosystem

16 Sep 2023 3 minute read 0 comments Sapphire Crypto

Cosmos Is Yet To Truly Shine I have always been an admirer of Cosmos and was actively trading ATOM in 2021. However, just as ATOM began to garner the attention of the market, the collapse triggered. In my opinion, Cosmos is likely to resume this bull...

Cosmos Liquid Staking Module is Live!

15 Sep 2023 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 $20/month you can upgrade to our FULL library of 50+ reports (including this one) and complete industry-leading ana...

Advancing Financial Inclusion in Africa: An Examination of Cosmos Blockchain's Interoperable Solutions

8 Sep 2023 3 minute read 0 comments chidi

Abstract Financial inclusion is a pressing issue in Africa, where millions lack access to traditional banking services. Blockchain technology holds promise as a solution, and the Cosmos blockchain ecosystem, with its emphasis on interoperability, is...

Polkadot vs. Cosmos Hub

6 Sep 2023 3 minute read 3 comments Kriptique

-- The blockchain battle for ultimate compatibility --   Polkadot and Cosmos Hub are both technically similar, but there are differences in their outlook and focus areas.   Sidechain layer-2 scaling solutions such as Polygon for Ethereum and Liquid N...

Makers of PUBG, Krafton's bet on blockchain: Settlus

4 Sep 2023 1 minute read 0 comments Cosmonauta

Krafton as you might know were testing the waters about metaverse with Project Migaloo (not to be confused Cosmos chain Migaloo, but now they are going for their own blockchain, which will be based on Cosmos SDK + EVM. This is huge news for digital a...

Why Is Cosmos' Consensus Mechanism, Tendermint, So Popular?!

2 Sep 2023 5 minute read 3 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 $20/month you can upgrade to our FULL library of 50+ reports (including this one) and complete industry-leading ana...