Cosmos (ATOM) is a blockchain platform that seeks to solve scalability, sovereignty and usability problems in blockchain technology.
Its goal is to create a network of independent blockchains that can communicate with each other in a decentralized manner.
Main features:
Interoperability: Cosmos allows different blockchains to communicate and transact with each other, fostering a more connected and efficient ecosystem for decentralized applications.
Scalability: Uses the IBC protocol to enable communication between Zones and the Hub, facilitating the seamless transfer of assets and data across different chains.
Sovereignty: Each blockchain in the Cosmos network, known as a “Zone,” maintains its independence and can operate with its own consensus mechanism.
Utilities:
Staking: ATOM tokens are used for staking, voting on network upgrades, and participating in the consensus process through delegation.
Governance: ATOM holders can vote on proposals that affect the development and direction of the Cosmos network.
Transaction Fees: ATOM tokens are also used for transaction fees within the Cosmos ecosystem.
Whitepaper:
The Cosmos whitepaper is available on its official website.
Cosmos (ATOM) annual price evolution:
This is a list of the approximate price of ATOM at the end of each year since its launch:
2019: $4.20
2020: $5.90
2021: $32.14
2022: $9.60
2023: $7.50
2024: $6.20 (as of November 23)
* Considering her "one more" can be a big mistake or a big success, that is something you should analyze on your own long before you lay your hands on her *
