Cosmos Network is the network behind Atom, launched in March 2019, which is the main POS cryptocurrency on the Cosmos platform, designed to facilitate communication, scaling and interoperability between independent chains. Cosmos is a decentralized network of independent parallel blockchains powered by DPOS consensus algorithms Tendermint with Byzantine Fault Tolerance. ATOMs coins are used to pay transaction fees at the Cosmos main center, as well as to participate in the consensus process. Validators rely on ATOM to earn both a reward for blocking and a transaction fee.
This data was last updated 2021-05-13 19:37:04 UTC