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.

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Coin’s Details

  • Market Capitalization

    379 496 823.95

  • Volume 24H

    4.51%

  • Blockchain

  • Circulating supply

    190 688 439.20

  • Total suplly

    237 928 230.82

  • Proof type

    Proof of Stake (PoS)

  • Algorithm

    Delegated Proof of Stake (DPoS)

  • Team Location

  • First announced

Cosmos (ATOM) News