Cosmos

Cosmos ATOM

$4.04
Market Cap $ 770.059 MM (#26)
24h Volume $ 124.864 MM
Chg. 24h: 4.60%
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Cosmos project purpose and description

Cosmos clarity of purpose

Cosmos purpose and aspects

Cosmos is a blockchain ecosystem where thousands of dApps interoperate to create the foundation for a new token economy. Cosmos is a decentralized network of independent parallel blockchains, each powered by BFT consensus algorithms like Tendermint consensus.

Cosmos categories

NetworkingBlockchain as a service

Short description

Cosmos is a blockchain ecosystem where thousands of dApps interoperate to create the foundation for a new token economy. Cosmos is a decentralized network of independent parallel blockchains, each powered by BFT consensus algorithms like Tendermint consensus.

Abstract

Cosmos is a network of many independent blockchains, called zones. The zones are powered by Tendermint Core, which provides a high-performance, consistent, secure PBFT-like consensus engine, where strict fork-accountability guarantees hold over the behaviour of malicious actors. Tendermint Core’s BFT consensus algorithm is well suited for scaling public proof-of-stake blockchains.

Link to Roadmap: https://cosmos.network/roadmap
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