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

Cosmos (ATOM)

99 Articles 6 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.

Cosmos $ATOM | 2020 HODL Experiment

11 Mar 2020 3 minute read 0 comments Cryptolohy

Public Service Announcement: I am running a year-long giveaway, check out how you can participate here:   Another day another cryp...

Introducing the first of our strategic partners. #Waterdrip_Capital

1 Jun 2020 1 minute read 1 comment NULS

  Waterdrip is a blockchain fund focusing on the investment towards crypto ecosystems. We're grateful to have them on board with #NULS The blockchain underlying technology and the blockchain scene constructions. Its founding partners are also the exp...

Crypto Native Insurance

25 Aug 2020 3 minute read 1 comment CPix

Crypto native insurance is a unique but integral part of the DeFi ecosystem. Without a proper insurance system, most people wouldn’t feel safe locking their funds in a smart contract. The DAO Hack back in 2016 is a prime example. The DAO raised a few...

More Uses For ATOM - Introducing STEEM CITY!

25 Feb 2020 1 minute read 0 comments AtomCollector

  In a previous post I talked about the importance of having "use cases" for a token to reduce the sell pressure. I am excited to announce yet another use for ATOM tokens - purchasing NFTs in the brand new STEEM based game "STEEM CITY". I have been...

Cosmos (ATOM) at a glance

16 Feb 2020 1 minute read 0 comments Cryptonator`s Airdrop Hunt

Cosmos (ATOM) describes itself as the “World Wide Web for Blockchains” and is supported by the Interchain Foundation. On this platform, there will be different blockchains operating in parallel, whereby you can use the tokens of one blockchain on the...

BSN Integrates Chainlink Oracles, Bringing Real-World Data Into Its IRITA Powered Network

7 Jul 2020 5 minute read 0 comments Cosmos Network Family and Friends

China’s recently launched national Blockchain Services Network (BSN) is bringing Chainlink oracle functionality to its network. This key integration will enable governments and enterprises to incorporate validated real-world data into their BSN appli...

Best Under the Radar/Small Cap Altcoins and Cryptocurrencies To Invest in 2020

20 Jan 2020 6 minute read 6 comments Sal Miah

  Many great crypto projects tend to go unnoticed or a lack of attention brought on them. With thousands of projects listed on CoinMarketCap, it can be extremely difficult for investors to choose the better projects when there is such a daunting amou...

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 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...

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...