Cosmos (ATOM*USD)

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Introduction to Cosmos Network and Its ATOM Token

The guide provides an explanation of the Cosmos network that aims to solve the typical scalability issues, provide a marketplace for the outstanding number of networks in the space, and lay down a more beneficial protocol for the community with a unique and scalable network for blockchains.

Cosmos (ATOM) is a multi-asset distributed ledger. It could be best described as a network of many blockchains, each working independently with the Tendermint Byzantine fault tolerance (BFT) algorithm.

The Cosmos whitepaper dates back to 2016, but the protocol was first developed in 2014, when Tendermint, a core contributor to the network was founded. Since then, the main objective of Cosmos is to create solutions for problems such as scalability, usability, and sovereignty in the DeFi space. The ultimate goal of the protocol is to develop an Internet of Blockchains, a network of blockchains able to communicate with each other in a decentralized way.

Read a lot more:
https://www.coinspeaker.com/guides/introduction-cosmos-network-atom-token/