![]() Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the Cosmos projects, the crypto environment in general, legal position, and so on. There is no universal consensus either about positive or negative future ATOM price movements. ![]() The rewards are made of transaction fees as well as newly minted ATOM crypto.Īs it can be clear from the analysis cited above, Cosmos (ATOM) projections are rather contradictory. To make this all work, Cosmos utilizes layered network architecture, IBC (Inter-Blockchain communication protocol), and Tendermint BFT (the ready-made consensus and networking solution that allows the developers to focus on the application layer and not the underlying technicals).ĪTOM is a staking token on the Cosmos Hub blockchain, required to secure the Proof-of-Stake network in exchange for a reward (made in ATOM tokens). ![]() This way, all the issues described above can be avoided.Ĭosmos ecosystem contains Cosmos Hub - the central chain to which all the other, independent, chains, built with the help of the modular SDK (software development kits), are connected. The Cosmos crypto environment is supposed to improve the experience of the blockchain app developers - and their end-users - by providing the environment for building their own, tailor-made chains easily. But there are well-known issues with this network, most of which concern scalability (Ethereum’s throughput is capped), flexibility (it’s hard for EVM to accommodate all use cases), and sovereignty (the chain doesn’t belong to the app’s developer) Most of the blockchain applications are built on Ethereum now. To launch their project, Cosmos’ team held two private token sales in 2017. Cosmos was built by the team behind Tendermint - a BFT consensus engine. Cosmos (ATOM) is a native token of the Cosmos Hub - the central chain in the Cosmos ecosystem, often called an “Internet of Blockchains”.
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