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Cosmos

ATOM Platform Cosmos Ecosystem Communications & Social Media
$1.38
-3.77% (24h)

Market Stats

Price
$1.38
-3.77% (24h)
Market Cap
$726M
Volume (24h)
$23.94M
Supply
525.43M ATOM
FDV
$725.98M

Shariah Analysis

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Last Screening: Q1 2024

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Trading Signals
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About Cosmos

Cosmos is a decentralized network designed to solve blockchain interoperability by enabling seamless communication and value transfer across multiple blockchains. It provides developers with a comprehensive suite of tools, including the Cosmos SDK for scalable appchain development, CosmWasm for smart contract deployment, and CometBFT for high-performance Proof-of-Stake (PoS) consensus. At the core of its interoperability stack is the IBC (Inter-Blockchain Communication) protocol, which facilitates secure, trustless exchanges of data and assets across different chains. Eureka, the canonical implementation of IBC v2, further enhances this capability by offering a fast and seamless bridging solution between Cosmos, Ethereum, and beyond, using just one IBC connection. Cosmos also supports EVM compatibility, enabling the deployment of Ethereum-based smart contracts while maintaining the security and efficiency of the Cosmos ecosystem. The Cosmos Hub, powered by the native token $ATOM, acts as the central router for the entire network, making Cosmos a foundational infrastructure for a scalable and interconnected blockchain future.

Consensus Mechanism

Proof of Stake