What is Cosmos (ATOM)? | Cosmos Crypto Explained in Under 60 Seconds #Shorts

3 years ago
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The Cosmos network (ATOM) is an ecosystem of blockchains able to communicate with each other in a decentralized way. The Cosmos token (ATOM) is the token that powers the Cosmos network, and allows ATOM holders to earn rewards for staking.

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The Cosmos SDK is the most used framework for developers to quickly and easily build custom blockchains & dAPPS in the Golang ecosystem with GO.

Stargate is a set of upgrades that allows Cosmos blockchains to connect with each other, creating the internet of Blockchains.

Cosmos is a proof-of-stake chain, where ATOM holders can stake tokens to maintain the network and receive more ATOM coins as a reward.
Developers can build decentralized applications with Cosmos. Blockchains built with Cosmos can be used for Open Finance, Gaming, Healthcare, Payments & much more.

WEBSITE: https://cosmos.network/

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