• Cosmos (ATOM) is a decentralized network of independent blockchains that are interconnected and able to exchange data and transactions with each other.
• ATOM is the native coin used to incentivize network validators and pay for network fees.
• The price of ATOM has increased steadily since its launch, and top analysts predict it will reach heights of $113.15 by 2026. Avorak AI (AVRK) is a new cryptocurrency launching in 2021, offering investors great potential returns.
What Is Cosmos (ATOM)?
Cosmos (ATOM) is a decentralized network of independent blockchains that are interconnected and able to exchange data and transactions with each other. It is a project of the Interchain Foundation, a non-profit organization based in Zug, Switzerland, and is led by an experienced team of developers and researchers. The primary purpose of Cosmos is to enable better interoperability between different blockchains and to make it easier for them to communicate and transact. Cosmos (ATOM) is built on the Tendermint consensus engine, a Proof-of-Stake (PoS) consensus algorithm that is designed to be secure and fast. The modular platform allows developers to build their blockchains and connect them to the leading Cosmos network. This makes Cosmos an efficient and cost-effective option for businesses and developers who want to develop their own blockchain applications.
The ATOM Cryptocurrency
Cosmos (ATOM) also has its own native coin, ATOM, used to incentivize network validators. The coin is also used to pay for network fees