
Get to know ATOM
Cosmos (ATOM) is designed to be the “Internet of Blockchains”
It aims to address the core issues of blockchain, such as scalability.
Ease of use and interconnection between blockchains are the main goals of Cosmos
is to create an ecosystem of blockchains that can communicate with each other in a decentralized manner.
Using the Inter-Blockchain Communication (IBC) protocol
This allows the transfer of data and tokens between different blockchains to transfer data to each other.
Cosmos runs on its own blockchain infrastructure called Cosmos Hub.
Powered by Cosmos Hub technology, Tendermint Core's consensus tool
and connect to other blockchains (zones) using the IBC protocol
This protocol is designed to support connections between blockchains.
Enables independent blockchains to transfer data and tokens between each other without centralization.
Cosmos uses the Tendermint BFT protocol, a Proof-of-Stake (PoS) mechanism.
Designed for high security, good expansion, and fast
This protocol ensures that the network remains functional and secure even if some of the nodes are attacked.
• Safety:Tendermint BFT protocol provides strong security certification
Maintain network integrity even in poor conditions
• Speed:Cosmos can process transactions within seconds
Making it one of the fastest blockchain platforms
• Expandability:With the ability to support thousands of transactions per second, Cosmos
Effectively addresses scalability issues found in other blockchain networks
Cosmos was founded by Jae Kwon and Ethan Buchman together with Zarko Milosevic, co-founder of Tendermint.
which is the entrance to the Cosmos ecosystem, although Kwon has also been identified as the main architect.
But he stepped down from the CEO position in 2020, now the CEO position of Tendermint.
It was replaced by Peng Zhong, with a significant improvement in the executive board.
Their goals include improving the experience for developers, creating an enthusiastic community for Cosmos.
and the creation of educational resources so that more people are aware of what this network can do.
The main objective of Cosmos is to create different blockchain ecosystems.
Can communicate and share data and tokens with each other
By this Prococo of Cosmos, it enhances connectivity and expandability.
Provides a robust platform for decentralized applications (DApps)
and decentralized financial services (DeFi) Cosmos
Aiming to be the economic hub of interconnected blockchain networks
Cosmos (ATOM) has a total supply of about 390.9 million tokens
Tokens are used for placing bets. Transaction fees
and governance within the Cosmos ecosystem, there is no maximum supply limit for ATOM.
Since a new token will be generated based on the number of bets placed in a given period of time.
Cosmos uses a mechanism by which transaction fees are paid in ATOM
And part of these fees will be burned. This mechanism reduces the total supply of ATOM in the future.
And it increases the value of the token as usage increases.
Cosmos whitepaper
Cosmos.netwerk
Cosmos.Network/About/
Coinmarketcap/Cosmos
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