Cosmos describes itself as the “Internet of Blockchains,” functioning as an ecosystem that allows various blockchains to communicate. It emphasizes interoperability, speed, and scalability. At its core, Cosmos is a network composed of multiple blockchains, each operating with its own consensus algorithm and interconnected through the Cosmos network. The ATOM token is crucial for securing the network via its Proof-of-Stake mechanism. So, what are the main features of ATOM and how does it operate? In simple terms, Cosmos can be understood as a layered blockchain system—comprising a consensus layer, a network layer, and an application layer. In Cosmos, the first two layers are combined into Tendermint BFT, enabling developers to create applications without strict adherence to the lower layers...
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