Recently Cosmos cooperated with two other DeFi projects Polkadot and Terra in an effort to create Anchor a solution that will allow earning interest by depositing stablecoins.
Cosmos crypto project. Billed as the Internet of blockchains the Cosmos seeks to bring together various blockchains within a single platform and. Apart from them Cosmos has also been used by other serious blockchain projects as well. Cosmos Founding Team Broke Up Early This Year.
This uses IBC Inter-Blockchain Communication protocol. Cosmos is an exceptionally ambitious project in a realm of ambitious projects. In 2016 a white paper for Cosmos was published and a token sale was held the following year.
This cryptocurrency also has a role in the networks governance. Many different cryptocurrency and blockchain ecosystems have the potential for serious growth. Cosmos ATOM is a decentralized ecosystem of independent blockchains designed to create the next generation of Internet.
Lets begin right away. Cosmos has also developed its solution for this purpose. The Cosmos SDK has proven popular for some large names in the crypto space.
Almost every crypto project develops its own blockchain. Valued at close to 850M Cosmos is considered to be among the leaders in the push towards proof-of-stake networks. Yet it has now come out that its CEO is unexpectedly leaving to apparently work on a side project.
And as is common for most crypto projects. One of the hottest projects and coins in early 2019 was Cosmos and its ATOM token. Each chain on the network operates independently.