$2.7016
1H
0.12%$0.0032
24H
1.60%$0.0425
7D
3.21%$0.0840
Cosmos is a decentralized network of independent parallel blockchains, each powered by BFT consensus algorithms like Tendermint consensus. In other words, Cosmos is an ecosystem of blockchains that can scale and interoperate with each other. Before Cosmos, blockchains were siloed and unable to communicate with each other. They were hard to build and could only handle a small amount of transactions per second. Cosmos solves these problems with a new technical vision. In order to understand this vision we need to go back to the fundamentals of blockchain technology.
Ethereum 2.0 which is built to work on the Proof of Stake Network has been facing delays and postponement in going live as attributed to bug fixing. The developers planned the upgrade of the proof-of-stake algorithm for June.
Chainlink and Kadena will be first in the industry in deploying oracles to a public/private hybrid blockchain platform.
Bluzelle is eager to make dApps decentralized by incentivizing developers to utilize distributed storage. To speed up the process they prepared $30K in rewards.
Binance US will provide its customers with ALGO and ATOM staking options to compete in this market with Kraken and Coinbase that already offer Tezos (XTZ) staking.
A number of people who previously worked for JPMorgan are gathering millions of dollars for interoperable blockchains and kick-ass their smart contracts better than Ethereum ones. Kadena’s public blockchain has gone live.