$19.86
1H
1.27%$0.2490
24H
-0.89%$-0.1783
7D
-3.92%$-0.8102
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.
The Graph Foundation believes in the interoperability of the blockchain and decentralized finance ecosystem. Based on this, the platform is championing a cross-network partnership to unlock the full potentials of this unique feature.
An increasing number of crypto projects are now utilizing cross-chain technology, clearing the way to an interconnected blockchain environment.
According to Bitstamp, exploring the 25 listings does not disqualify any other assets from being monitored for potential listing at Bitstamp.
Cross-chain networks will play a decisive role in the development of DeFi and decentralized applications, and the most applicable rival to Polkadot in this battle of cross-chain environment is Cosmos.
Investors and the media have focused on selected DeFi projects because of their volatile rise in valuation. The likes of Compound are expected to remain at the center of discussion.