Cosmos (ATOM) Crypto News

Cosmos is a decentralized network that focuses on blockchain interoperability, aiming to create an “internet of blockchains” where different blockchains can communicate and interact seamlessly.

It uses the Tendermint consensus algorithm and a proof-of-stake model for network governance. The Cosmos Hub anchors the interconnected network, with ATOM, the native cryptocurrency, powering the ecosystem’s staking, governance and transaction fees.

Cosmos tackles blockchain scalability with its Inter-Blockchain Communication protocol, enabling cross-chain communication and token transfers. The Cosmos SDK allows developers to quickly build custom blockchains that integrate with the network.