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.

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...

$ATOM, $ZRX $KNC $DASH $ETH, $MCO New HODLING experiments!!! :D

7 Mar 2020 7 minute read 2 comments Cryptolohy

I'm not gonna lie. I love to do public HODLING experiments. The central reason for that is due to the fact that a public commitment makes my hands stronger by an order of magnitude. It's not me, is the science behind it. You see humans are complicate...

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 Network: Split of ATOMs?

23 Feb 2020 4 minute read 7 comments M87

Cosmos (ATOM) Network arrived in the crypto scene just last year in 2019 and has seen tremendous traction. Currently the #21 coin by market cap at the time of this writing, Cosmos is a very interesting blockchain project that looks to solve a lot of...

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...

What is Cosmos (ATOM) - A Beginner's Guide

11 Feb 2020 7 minute read 4 comments TrocProcLock

Cosmos is "The Foundation for a new token economy" or "The Internet of Blockchains". They are an open source community built by the Tendermint Team. Cosmos as we know it was launched on March 13th, 2019. Cosmos (ATOM) is the 1st Hub in the Cosmos Net...

5 Cryptocurrencies closest to their peak after recent ascents.

9 Feb 2020 1 minute read 1 comment kripto sedat

  5 Cryptocurrencies closest to their peak after recent ascents. Bitcoin, which is struggling with the $ 10,000 barrier, is trading about 50 percent below its peak, while several key cryptocurrencies are quite close to their previous record highs. B...

ATOM Coin (Cosmos) News, CEO Exit: Is Now The Best Time to Buy?

31 Jan 2020 5 minute read 7 comments Political Noob

First, some of the pertinent info:ATOM is a coin on the Cosmos blockchain ecosystem that was created to offer the ability for many different and independent chains and Dapps to communicate with each other.  It is modular, scalable, fast, and secure....

Binance US announces to add staking for Algorand and Cosmos

30 Jan 2020 1 minute read 1 comment

Binance US has announced to add staking for Algorand (ALGO) and Cosmos (ATOM. With this, both ALGO and ATOM will become first tokens available for staking to US-based traders on the Binance US exchange. Staking reward for Algorand and Cosmos in Feb T...

Cosmos Blockchain CEO is leaving the Project

30 Jan 2020 1 minute read 0 comments CryptoArgha

Decentralized blockchain platform Cosmos founder is stepping down from the CEO position According to blockchain News Outlet Daily Defi the CEO of Cosmos Jae Kwon is leaving three year old post for a new post The CEO is leaving the blockchain project...