Cosmos (ATOM) News, Price Predictions, Opinions and Analyses Created by Users

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.


Why are We Connecting IRIS Hub with Binance DEX?

23 May 2020 8 minute read 0 comments Cosmos Network Family and Friends

  The connection between IRIS Hub and DEX is an important milestone in the development of the internet of blockchains. In this article, we will talk about what services users can enjoy after IRIS Hub is connected with DEX, technical development path...

Full List of 2020 Cosmos (ATOM) Partnerships, Integrations, And Collaborations

22 May 2020 5 minute read 18 comments list3r

Cosmos calls itself the “Internet of Blockchains” where it tries to be the biggest ecosystem of interconnected blockchains. With its powerful Tendermint software, Cosmos becomes a very ambitious project in the blockchain interoperability world. Its...

Technical Game of Zones Update from Interchain GmbH

13 May 2020 3 minute read 0 comments Cosmos Network Family and Friends

There are several goals of Game of Zones: to educate the public about IBC; to stress test the system in an adversarial and competitive setting; and to shine a light on any potential vulnerabilities in the IBC protocol and implementation. Earlier this...

Important Things when Backing Up Mnemonic (3 Dos and 3 Don’ts)

13 May 2020 2 minute read 0 comments Cosmos Network Family and Friends

Mnemonic = Private Key = Asset There are endless addresses on the blockchain that store different amounts of assets. In such an open network, the transactions are recorded on the block explorer https://www.irisplorer.io However, who owns these anonym...

Cosmos Coin (ATOM) - The Future Coin

10 May 2020 1 minute read 1 comment Nikhil Saji

ATOM considers itself the most adjustable, adaptable, incredible and interoperable environment of associated blockchains. It's a decentralized system of free blockchains fueled by Tendermint and other Byzantine Fault Tolerant calculations. It is Byza...

Cosmos ATOM Coin Review

10 May 2020 6 minute read 0 comments ChangeNOW

What is Cosmos (ATOM)? Cosmos is a decentralized ecosystem composed of individual blockchains that are independent of each other. The blockchains run using the byzantine fault tolerance algorithm (BFT). It’s the BFT that achieves consensus on the net...

6 Core Technical Advantages of IRITA

8 May 2020 2 minute read 0 comments Cosmos Network Family and Friends

What is IRITA? Inter-Realm Industry Trust Alliance(IRITA) is the 1st enterprise-level permissioned blockchain product in Cosmos ecosystem Powered by Tendermint and IRIS SDK. It has 6 core technical advantages such as privacy-protecting data sharing w...

IRISnet Biweekly Report(2020.4.20~5.3)

8 May 2020 4 minute read 0 comments Cosmos Network Family and Friends

IRISnet (a.k.a IRIS Hub) is designed to be the foundation for the next-generation distributed applications. Built with Cosmos-SDK, IRIS Hub enables cross-chain interoperability through a unified service model, while providing a variety of modules to...

IRISnet Team updated a new version of Goz Network State Visualizer

6 May 2020 1 minute read 0 comments Cosmos Network Family and Friends

Before entering the internet of blockchain, it is a critical step to bring the Game of Zones (GoZ) for verifying the utilization of IBC (Inter-Blockchain Communication protocol) under different situations on a large scale. IRISnet team is going to pa...

What if you could improve MakerDAO with side chains and cross chains?

30 Apr 2020 5 minute read 0 comments Blockchain_TopBuzz

What if you could improve MakerDAO with side chains and cross chains? Needless to say, the impact of the ‘March 12 Crash’ on all sectors of the economy was devastating. Until today, a month later, there are still people who recover the market data b...