If you’re not familiar with blockchain technology, you will be soon. This is the new digital economy that is taking the internet by storm. Blockchain is a distributed database that is difficult to hack because it’s not stored in a single location. Plus, every change is recorded, so nobody can slip in and change entries to suit their own needs.

This way we can have a friction-free, tamper-free, exchange of information.

Blockchain Technology and Interoperability Challenges

When it comes to blockchain technology, there are a few key issues that need to be addressed in order for it to reach its full potential. These limitations include the lack of a central platform that works for everyone, as well as the inability to connect different blockchains together.

Fortunately, there is a new platform that is aiming to address these issues. Cosmos (Atom) is a project that seeks to create the “internet of blockchains”, building bridges and exploding limitations. In other words, what AWS did for the internet, Cosmos is now doing for the blockchain.

Cosmos Central Platform

The goal of Cosmos is to provide a universal platform where all types of blockchains can coexist and interact with each other. This would enable businesses and individuals to easily access different blockchain networks, without having to worry about compatibility issues.

Cosmos has already made significant progress in this area, with several testnet launches and a growing community of developers. In addition, the team behind Cosmos is highly experienced and well-funded, which gives them a strong chance of success.

Cosmos is a revolutionary new blockchain platform that seeks to unite various disparate crypto camps under one banner. By creating a central platform that works for everyone, Cosmos hopes to promote cooperation and collaboration amongst blockchain startups, allowing them to flourish and grow.

The brainchild of Tendermint creator Jae Kwon, Cosmos is a modular platform that allows different blockchains to connect and interact with each other. This makes it the perfect solution for businesses and enterprises who want to take advantage of the benefits offered by blockchain technology but don’t want to be locked into a single platform.

As the founder of Cosmos, Jae Kwon knows a thing or two about building bridges.

Back in 2016, Kwon set out to build a better blockchain platform—one that could connect disparate blockchains and unleash the potential of the entire crypto ecosystem.

Now, after years of development, Cosmos is ready to launch.

Cosmos Network

The Cosmos network is made up of hubs and zones. Hubs are centralized nodes that manage the blockchain networks within their zones. Zones are decentralized blockchains that can connect to any number of hubs.

This innovative architecture allows for a high degree of flexibility and scalability, making Cosmos well-suited for businesses and enterprises.

In addition, the Cosmos network is secured by the IBC (Inter-Blockchain Communication) protocol, which allows for trustless transactions between different blockchains.

With Cosmos, companies can build their own custom blockchains that suit their specific needs, without having to worry about compatibility issues. At the same time, they can also take advantage of the interoperability features offered by Cosmos, which allows them to connect with other blockchains and exchange data and value with ease.

Cosmos Value for Blockchain Businesses

This makes Cosmos an ideal platform for businesses who are looking to get into the world of blockchain but are hesitant about making a big commitment. By starting with Cosmos, they can get a taste of what blockchain has to offer while still having the freedom to explore other options down the road.

In addition to its business-friendly features, Cosmos is also highly secure thanks to its use of Tendermint consensus. This ensures that transactions are processed quickly and reliably, making Cosmos a great choice for enterprise applications.

Overall, Cosmos is an impressive platform that has the potential to change the way we think about blockchain technology.

With its modular design and interoperability capabilities, it provides a level of flexibility that is unmatched by any other platform out there.

Cosmos Potential for Crypto Investors

Now let’s look at Cosmos from investors’ perspective.

1) Is it scalable? Yes, it is ready for thousands of new clients.

2) Does it have growth potential? Yes, Cosmos already has 263 apps and services, such as apps, blockchains, wallets, and explorers, such as:

  • Ethereum
  • Ethereum Classic
  • Binance Smart Chain
  • Polygon
  • Avalanche
  • IoTeX Network
  • Moonriver
  • BitTorrent Chain
  • Kucoin Chain (KCC)
  • EOS
  • and others.

Many more are expected to come soon.

3)Is it cheap for consumers? Yes, the transaction fee is just $0.01, among the lowest in the crypto industry.

4) Is it fast, reliable and secure? Yes, the transaction time is only seven seconds and is highly secure and reliable thanks to Tendermint.

5) Is it affordable? It is much more affordable than Bitcoin, Ethereum or Binance (BNB). In fact, with less than $13 per coin (as of this writing), anybody can afford it.

6) Will it 10X? Nobody can tell for sure, but keep in mind that its coin, called ATOM, at an all-time high was worth $44.42.

And that’s just a previous Crypto cycle. As history teaches us, coins that could survive the crash, and have solid fundamentals, tend to reach higher all-time highs in the new cycle.

You can (potentially) have high ROI by just HODLing Cosmos (buying and holding it). However, there is a chance for you to multiply the earning potentials from this investment. Watch a Free Webinar to Find out How:

Cosmos (Atom) White Paper 2.0

A recently released 2.0 White Paper proposes four major expansions to the utility of the Cosmos Hub. These upgrades have the potential to make ATOM prized much higher by both investors and clients.

The Cosmos Hub is a decentralized network of independent blockchains that can interact with one another through the use of the Cosmos SDK.

The SDK provides a set of modules and tools that allow developers to create their own blockchain applications. The Cosmos Hub is the first component of the Cosmos Network, which is designed to offer scalability and interoperability solutions for the blockchain industry.

The four upgrades, that I mentioned previously, are designed to increase the usability of the Cosmos Network and make it more accessible to a wider range of users.

The first expansion proposal is for the implementation of a new staking model that would allow users to delegate their tokens to validators. This would provide a way for users to earn rewards for participating in the network without having to run their own node.

The second proposal is for the creation of a Decentralized Exchange (DEX) on the Cosmos Network. This would allow users to trade tokens without having to rely on centralized exchanges.

The third proposal is for the implementation of a new governance model that would give cosmos token holders more control over the direction of the network.

The fourth and final proposal is for the development of a new cross-chain compatibility layer that would allow different blockchains to interact with each other more easily.

Click here to read the Cosmos Whitepaper 2.0

These proposals, if implemented, would greatly increase the utility of the Cosmos Network and make it more attractive to a wider range of users and developers.

In a nutshell, Cosmos is a blockchain company with massive growth potential, scalable infrastructure, cheap transaction fees, and fast transaction times, so it’s investment potential seems to be quite promising.

(This is not a financial advice, just an observation. You should always do your own due diligence before investing).