updraftplus domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6114hustle domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6114Written Review: https:\/\/www.coinbureau.com\/review\/cosmos-atom\/
\nTop 6 Best ATOM Wallets: https:\/\/www.coinbureau.com\/analysis\/cosmos-atom-wallets\/
\n\ud83d\udce9 Get Top Crypto Tips In My Weekly Newsletter \ud83d\udc49 https:\/\/signup.coinbureau.com\/newsletter
\nBTC Tipjar \ud83d\ude4f\ud83c\udffb: 35YDYtYAB999JxiXQXewzLvMGX4ki2d3WL<\/p>\n
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\u23f0 Time Stamps \u23f0<\/p>\n
1:00 Introduction
\n2:00 Tech Stack
\n4:55 Tendermint Proof of Stake
\n6:32 ATOM Economics
\n7:18 Token Sale Overview
\n8:10 ATOM Supply & Inflation
\n9:22 Cosmos Team & Development
\n10:18 Development & Roadmap
\n10:55 ATOM Markets
\n10:39 EOSIO 2 Update
\n11:51 Conclusion<\/p>\n
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\u26d3\ufe0f \ud83d\udd17 Helpful Links \ud83d\udd17 \u26d3\ufe0f<\/p>\n
\u25ba Website: https:\/\/cosmos.network\/
\n\u25ba Tendermint Website: https:\/\/tendermint.com\/
\n\u25ba Interchain Website: https:\/\/interchain.io\/
\n\u25ba Whitepaper: https:\/\/cosmos.network\/resources\/whitepaper
\n\u25ba GitHub: https:\/\/github.com\/cosmos\/<\/p>\n
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\ud83d\udcf1\ufe0f Socials \ud83d\udcf1<\/p>\n
\u25ba Official Blog: https:\/\/blog.cosmos.network\/
\n\u25ba Twitter: https:\/\/twitter.com\/cosmos
\n\u25ba Telegram: https:\/\/t.me\/cosmosproject
\n\u25ba Reddit: https:\/\/reddit.com\/r\/cosmosnetwork<\/p>\n
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\ud83d\udcdd Project Overview \ud83d\udcdd<\/p>\n
The goal of this project is to be the connecting fiber between all the isolated blockchains.<\/p>\n
With its “Internet” of blockchains, which the project refers to as its Cosmos Hub, Cosmos creates a network of blockchains interoperating with one another.<\/p>\n
\u2699\ufe0f Technology \u2699\ufe0f<\/p>\n
There are three main pieces to the Cosmos network stack: The Tendermint Core, the Application Blockchain Interface, and the Cosmos SDK.<\/p>\n
Tendermint core is the part of the Cosmos blockchain is the software solution that contains the Tendermint Byzantine Fault Tolerance, or BFT, consensus algorithm. <\/p>\n
It also houses the Interblockchain Communication protocol, or IBC. IBC is the method through which network layers and the consensus layer communicate to the hub and all the other connected blockchains, which Cosmos calls zones. <\/p>\n
The ABCI provides for dApp replication with various programming languages. Since the interface isn\u2019t constricted to only a single language, developers can create applications on their blockchain in the language of their choice.<\/p>\n
The Cosmos SDK is the application layer of the project\u2019s network providing a basic blockchain framework to developers.<\/p>\n
The Tendermint consensus mechanism is called Tendermint BFT which also includes many optimizations and features that go above and beyond what is specified in the original PBFT mechanism.<\/p>\n
\ud83d\udcb0\ufe0f Token \ud83d\udcb0<\/p>\n
ATOM is the native currency that was issued on the Cosmos Hub. This is the first blockchain on the Cosmos network.<\/p>\n
ATOM tokens have three use cases within the Cosmos Hub. These are:<\/p>\n
1. For fees as a spam prevention mechanism (similar to Gas on Ethereum)
\n2. As staking tokens in order to incentisive honest node behaviour
\n3. To participate in the governance of the Cosmos Hub<\/p>\n
These ATOM tokens were sold in an ICO in 2017 which took place over three separate rounds. A private seed sale, a strategic private sale and an eventual public sale.<\/p>\n
There is dynamic inflation built into the protocol. The number of ATOMs created for block rewards will depend on the amount of ATOMs that are currently being staked on the network.<\/p>\n
\ud83d\udc68\u200d\ud83d\udcbb\ufe0f Team, Partners & Development \ud83d\udc68\u200d\ud83d\udcbb<\/p>\n
Cosmos is the brainchild of Ethen Buchman and Jae Kwon, but it\u2019s currently supported by The Interchain Foundation or ICF. Jae Kwon is also the president of ICF. <\/p>\n
ICF contracted development of the Cosmos Network to All-in-Bits Inc., the organization that does business as Tendermint, Inc. <\/p>\n
There has been extensive work done on the protocol as can be evidenced by the numerous GitHub commits. <\/p>\n
\ud83d\udcc8 Trading & Wallets \ud83d\udcc8<\/p>\n
ATOM is a popular token and is listed on exchanges such as Binance, Huobi, OkEX, Kraken, Hotbit and many, many more.<\/p>\n
The volume is well distributed amoung them \u2013 the top 10 exchanges have over 7 million dollars in daily turnover. <\/p>\n
There is no core wallet from Cosmos for the ATOM token although there are a number of third party wallets including the Ledger Nano. <\/p>\n
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\ud83d\udcdc Disclaimer \ud83d\udcdc<\/p>\n
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.<\/p>\n