Cosmos is a network of independent parallel blockchains that are each powered by classical BFT consensus algorithms like Tendermint 1.

The first blockchain in this network will be the Cosmos Hub. The Cosmos Hub connects to many other blockchains (or zones) via a novel inter-blockchain communication protocol. The Cosmos Hub tracks numerous token types and keeps record of the total number of tokens in each connected zone. Tokens can be transferred from one zone to another securely and quickly without the need for a liquid exchange between zones, because all inter-zone coin transfers go through the Cosmos Hub.

This architecture solves many problems that the blockchain space faces today, such as application interoperability, scalability, and seamless upgradability. For example, zones derived from Bitcoind, Go-Ethereum, CryptoNote, ZCash, or any blockchain system can be plugged into the Cosmos Hub. These zones allow Cosmos to scale infinitely to meet global transaction demand. Zones are also a great fit for a distributed exchange, which will be supported as well.

Cosmos is not just a single distributed ledger, and the Cosmos Hub isn’t a walled garden or the center of its universe. We are designing a protocol for an open network of distributed ledgers that can serve as a new foundation for future financial systems, based on principles of cryptography, sound economics, consensus theory, transparency, and accountability.

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ICO’s Details

  • GENERAL INFORMATION
  • Pre-ICO Opening Date:

    To be announced

  • Pre-ICO Closing Date:

    To be announced

  • ICO Opening Date:

    Thu, Apr 6th, 2017 12:00 AM

  • ICO Closing Date:

    Thu, Apr 6th, 2017 12:00 AM

  • Country of Origin:

    Canada

  • TOKEN DETAILS
  • Symbol:

    ATOM

  • Blockchain Type:

    Cosmos

  • Platform:

    ERC20

Team

Jae Kwon - CEO & Founder
Ethan Buchman - CTO & Cofounder

Advisors

Ash Han
Thomas Greco
Franck Mikulecz
Jim Yang
Zaki Manian

Disclosure: This page is created to provide market intelligence. This is not investment advice and does not constitute any solicitation or endorsement of any investment. Any investment you make is done at your own risk and at your full and absolute discretion.