Cosmos Overview: Should You Consider ATOM?

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โ–บ Our long form review here: https://www.coinbureau.com/review/cosmos-atom/
โ–บ Binance Review: https://www.coinbureau.com/review/binance/

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โ›“๏ธ ๐Ÿ”— Helpful Links ๐Ÿ”— โ›“๏ธ

โ–บ Website: https://cosmos.network
โ–บ Whitepaper: https://cosmos.network/resources/whitepaper
โ–บ Tendermint BFT: https://tendermint.com/
โ–บ Cosmos Hub: https://hub.cosmos.network/
โ–บ GitHub: https://github.com/tendermint

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๐Ÿ“ฑ๏ธ Socials ๐Ÿ“ฑ

โ–บ Official Blog: https://blog.cosmos.network/
โ–บ Twitter: https://twitter.com/cosmos
โ–บ Telegram: https://t.me/cosmosproject

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๐Ÿ“ Overview ๐Ÿ“

Cosmos is a project that is trying to develop a blockchain that pulls all other blockchains together into one interoperability platform.

The Cosmos hub is seen as the “internet of blockchains” and this is the Cosmos network.

Cosmos is built on the Tendermint BFT core algorithm. This connects the consensus and networking layers to facilitate communication between the hub and all the zones.

Other parts of the technology stack include the Application Blockchain Interface and the Cosmos SDK.

Powering the Cosmos Network is their ERC20 standard ATOM utility token. This was issued in an ICO that took place back in April of 2017. They were able to raise a total of $17.3 million.

ATOM tokens were only distributed after the mainnet went live in April of 2019. The tokens are currently trading with immense volume on exchanges such as Binance and Huobi.

ATOM are quite volatile so you should be careful when trading as there is a risk.

The team has been quite active in development and they have backgrounds in software engineering and blockchain technology. Two of the founders are actually founders of the tendermint application as well.

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๐Ÿ“œ Disclaimer ๐Ÿ“œ

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading Forex, cryptocurrencies and CFDs poses considerable risk of loss. The speaker does not guarantee any particular outcome.

#Crypto #Cosmos #ATOM #blockchain #Review #Token #binance #Internet #cryptocurrency

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