695 Articles 17 Followers
The Cosmos (ATOM) project, which conducted its ICO in 2017 and raised $17 million, launched its network in 2019, and is tackling one of the industry’s most pressing problems, which is interoperability. The platform’s token, ATOM, is intended to be used as a means to facilitate communication and interaction between independent chains.
Interoperability is one of the foremost issues in the space, given the rate at which new blockchains ecosystems are being developed. Proponents of interoperability solutions claim that adoption and usability can be enhanced if the artificial barriers imposed by the lack of interoperability can be removed.
One of the most notable features, and key aspect in getting developers to develop interoperability solutions, is the Cosmos SDK. This lets developers easily build on top of the Cosmos network and leverage the interoperability and scalability benefits. Currently, the team is focused on releasing products for developers.
Another notable feature is its Tendermint protocol, a consensus mechanism that operates on Proof-of-Stake and which the team says features a 1 second block time that can handle up to 10,000 transactions per second.
The Cosmos network can be broken down roughly into two elements: zones and hubs. The former is where independent blockchains hold sovereignty and function as a blockchain normally would, while the latter is a space where these multiple blockchains are linked together.
The ATOM token is primarily used for governance on the platform, while the photon tokens, recently introduced, are focused on paying for the fees on the network.
In this tag, read Cosmos (ATOM) news, price predictions, opinions and analyses created by users.
2 Feb 2024 1 minute read 2 comments Cosmonauta
It's revealed today that now it's possible to check if you are eligible for the Altlayer airdrop for staking Celestia ($TIA). Eligibility criteria for TIA stakers: - minimum 35 TIA staked - snapshot at 17 January What you need to claim: Cosmos Wa...
28 Jan 2024 5 minute read 3 comments Brando_28
Airdrops, airdrops, and even more airdrops! I bet when this year is over everyone is sick and tired of hearing the word ‘airdrop’. As for now, it still has this very positive ring to it. 2024 is the year of the airdrop for me and I am in a total de...
8 Jan 2024 1 minute read 0 comments Lucasgaio
A few days ago Dymension decided to give away quite a few tokens to some categories of DeFi users. The airdrop doesn't have a value yet but it promises to be very succulent. Here's how to check your eligibility and how to claim the tokens we are enti...
16 Jul 2023 1 minute read 0 comments VisionsX
27 Jun 2023 3 minute read 0 comments ifiwasfrank
In the Cosmos ecosystem, a new layer1 is emerging and has a specific goal: to create a fair blockchain that allows developers to benefit from the value generated by the protocol on which they build. Archway, a blockchain developed with the Cosmos SDK...
6 Jun 2023 5 minute read 0 comments ifiwasfrank
After Neutron, other protocols are near to distribute and price their governance tokens in the Cosmos ecosystem. Mechanisms for identifying eligible wallets for airdrops are becoming increasingly sophisticated and require active involvement by benef...
17 May 2023 4 minute read 0 comments ifiwasfrank
The approval of Proposal 792 marks a momentous milestone in the history of the Cosmos ecosystem: the Neutron blockchain will be the first to adopt Replicated Security (originally Interchain Security). This step makes Neutron the first consumer chain...
8 Apr 2023 1 minute read 0 comments Staking Hub
As you may already know, LumenX is a project that’s gone through important hurdles in the beginning. We, the community, rescued it and now are trying to pull it forward and make the project a reality. This is not the first time a community takes cont...
24 Mar 2023 1 minute read 0 comments Margolis
Hey Tyche enthusiasts! Get ready for some exciting news about Tyche’s upcoming launch! Are you psyched? Let’s jump right in! Firstly, Tyche will be having an NFT mint in early April followed by the DEX. But before we get into that, let’s talk about t...
16 Aug 2022 1 minute read 0 comments Cosmonauta
After Quicksilver launch and airdrop news, it seem like we have another drop in the making, indeed another liquid staking protocol in Cosmos. It seem like it won't be generous as Quicksilver Protocol, since they are airdropping %6.5 of their genesis...
