What is Cosmos Network?

The Cosmos network is an independent and decentralized network of blockchain systems. Each of these systems is powered by the Byzantine Fault Tolerance (BFT) consensus algorithm. It serves as an ecosystem of blockchains with the ability to scale and interoperate with each other.

What is Cosmos blockchain?

Kwon also contributed to the Cosmos whitepaper as a co-author. The Cosmos blockchain network comprises independent blockchains that use the byzantine fault-tolerant (BFT) consensus mechanism. Blockchain networks that do not utilize BFT algorithms connect to the Cosmos blockchain network using “adoptor” blockchains.

What is Cosmos (atom)?

What is Cosmos? (ATOM) Heralded as an “Internet of blockchains” by its founding team, Cosmos aims to create a network of crypto networks united by open-source tools for streamlining transactions between them. Check the Cosmos price page for more details on the current ATOM value, trends, and price history.

What is Cosmos hub?

Cosmos Hub was the first to be launched in the Cosmos ecosystem. It is a proof-of-stake (PoS) blockchain system with ATOM as the native blockchain. Cosmos’ IBC protocol was designed to solve the lack of communication and data sharing between different blockchain networks.