Cosmos (ATOM) is part of the Cosmos Blockchain initiative - a technology that aims to become the “Internet of blockchains” and solve problems once and for all. In our Cosmos news crypto today, we are exploring the altcoin in a variety of ways.The architecture behind the Cosmos Blockchain system and the ATOM cryptocurrency consists of several independent blockchains known as “Zones” attached to a central blockchain called “Hub.”As the official Cosmos whitepaper shows, these zones are “powered by Tendermint Core, which provides “a high-performance, consistent, secure PBFT-like consensus engine, where strict fork-accountability guarantees hold over the behaviour of malicious actors.”As you will see in our Cosmos news today, the team behind this blockchain is supported by the Interchain Foundation. There is a brilliant team led by Jae Kwon as the CEO and Ethan Buchman who is CTO and co-founder.
Cosmos Blockchain News, ATOM Price News, Cosmos ATOM Updates
Knowing that the Cosmos news crypto are always exciting, the price of ATOM reflects in a similar way. So far, there have been a lot of ups and downs for Cosmos (ATOM) in the market charts. However, the good news is that ATOM managed to increase in its value a lot over the years.Cosmos integrates processing and verification hubs to keep everything running smoothly and together. While Hubs use a Proof-of-Stake (PoS) consensus to validate Tendermint transactions, the project has gained $9 million in VC funding from major firms.The Cosmos mainnet launched on March 14, 2019 and was hailed as a strong project. However, our Cosmos cryptocurrency news showed that a summer attack exposed one vulnerability which would be costly if it is not fixed soon.
ATOM Token Price, ATOM News, Cosmos Daily Charts & More
ATOM is not mined - instead, the token is earned via a hybrid PoS algorithm. So, the more ATOM is staked, the more likely it is to become a validator node and validate transaction, earning tokens. However, it is also possible to delegate your tokens and receive a portion of the rewards.This and a lot of other updates are part of our Cosmos Blockchain news, ATOM price news and other updates - all of which can be seen below.