ATOM, COSMOS NETWORK's own blockchain token, is based on a hybrid betting confirmation algorithm (Bonded Proof-of-Stake, Hub-and-Zone model), this technology supports the security and uptime of the entire Cosmos Hub network. ATOM provides a network management mechanism in addition to a payment tool.
The history of the Cosmos project begins in 2014 with the founding of Tendermint, an open source software. Then, in 2016, a white paper describing the concept of the Cosmos blockchain project was presented, and in 2017 a token sale was held and investments from crypto-investors were raised.
What problem does the project seek to solve?
Cosmos aims to present a solution to ensure the ease of use of blockchain solution infrastructure through modular application development. In essence, the project develops universal code, with which it becomes possible to build complex solutions in a simple way.
The next objective of the project is to ensure high scalability of the created blockchain solutions. The priority is the speed of making and confirming transactions, reducing their cost, stable reliability and network security.
Many blockchain startups are already being developed on the Tendermint engine. This confirms the correctness of the chosen concept and development vector of COSMOS NETWORK.
ATOM coin, due to its capitalization, is a popular asset. Major cryptocurrency exchanges trade this cryptocurrency, so it is easy to buy or sell it. Read more about the project Cosmos Network and the cryptocurrency ATOM in the review at CryptoCoinExpert.info.