Cosmos: Building a Blockchain Ecosystem ($ATOM)

October 13, 2021

Cosmos: Building a Blockchain Ecosystem ($ATOM)

One of the most pressing problems facing the crypto industry today is an over-abundance of specialized blockchain projects which lack a means of interfacing with other networks -- Cosmos plans to solve that problem by creating a new standard for blockchain development with a focus on interoperability and scalability.

Cosmos provides a software development kit (SDK) that addresses these issues with built-in features like Inter-Blockchain Communication (IBC) and the Tendermint core consensus mechanism.
Cosmos has already become the most popular blockchain framework, with public blockchains built with Cosmos SDK already managing more than $6B in assets.
The Cosmos Hub ($ATOM) serves as a central core for the interconnected ecosystem of sovereign, decentralized blockchains created by the cosmos SDK -- It provides a central marketplace as well as various custodial services.   Mentions of Cosmos blockchains and the primary governance token ATOM show that investor awareness is at an all-time high and still rising.

Cosmos’ origins date back to 2014. However, it’s just now coming into its own, as detailed by rising mention volume and price.

Want deeper insights? Get Free Access to The Vault.

Related Posts

What is THETA?

What is THETA? THETA Network is a decentralized video delivery platform […]

Read More
This Company is Betting on Cryptocurrency ($COIN)

This Company is Betting on Cryptocurrency ($COIN) Coinbase Global (COIN) […]

Read More
Proof-of Stake: The Next Big Thing in Crypto?

Proof-of Stake: The Next Big Thing in Crypto? LikeFolio data […]

Read More
1 2 3 7

Related Posts

About LikeFolio

LikeFolio analyzes social media data to accurately predict shifts in consumer behavior. We sell data and insights to professional investors, corporate research teams, and software providers.
© 2024
 LikeFolio. All Rights Reserved.
LikeFolio