United States Dollar

<h2>What is Cosmos?</h2>
<p>The Cosmos ecosystem is a decentralised network of independent blockchains powered by the ATOM <a target="_blank" rel="noopener noreferrer" href="https://crypto.com/university/technical-details-crypto-altcoins?utm_source=crypto.com+price+page&amp;utm_medium=referral&amp;utm_campaign=cosmos&amp;utm_content=cryptocurrency">cryptocurrency</a>. Cosmos seeks to solve existing problems in the <a target="_blank" rel="noopener noreferrer" href="https://crypto.com/university/what-is-blockchain-consensus?utm_source=crypto.com+price+page&amp;utm_medium=referral&amp;utm_campaign=cosmos&amp;utm_content=blockchain">blockchain</a> industry by building an ecosystem of blockchains connected through an Interblockchain Communication protocol. Tendermint, a core contributor to the Cosmos network, is instrumental to Cosmos’ progress.</p>
<p></p>
<h2>A brief history of Cosmos</h2>
<p>Cosmos was introduced through the publication of its white paper written by Tendermint co-founders Jae Kwon and Ethan Buchman and published in 2016. Its native token ATOMwas initially offered through two private sales in January 2017 and a public sale in April 2017. Kwon, who is recognised as the project’s principal architect, stepped down as CEO in 2020 and was replaced by Peng Zhong. Cosmos then launched the inter-blockchain communications (IBC) protocol, the platform’s standard for blockchain interoperability, in April 2021.</p>
<p></p>
<h2>How Cosmos works</h2>
<p>The Cosmos network is composed of zones, or independent, parallel blockchains. Each zone is powered by classical Byzantine fault-tolerant (BFT) consensus protocols like Tendermint. Cosmos uses a proof of stake (PoS) consensus algorithm to secure its work of connecting different blockchains. This translates to a higher likelihood of rewards distribution and transaction verification to validator nodes with higher amounts of ATOM staked. </p>
<p></p>
<h2>What is Cosmos used for? </h2>
<p>Aside from staking in Cosmos validators, ATOM is also used to pay fees within the network. These fees are proportional to the corresponding computational consumption of a transaction, similar to how gas fees work on Ethereum.</p>
<p></p>

Cosmos

Ethereum

Cosmos

ATOM

$7.17 USD

Cosmos Price Chart (USD)

Market Cap (USD)

24H VOLUME (USD)

Circulating Supply

Max Supply

Total Supply

General Information

Contract Address

About Cosmos

Cosmos Price Summaries

More about Cosmos

Where can you buy Cosmos?

Buy on Crypto.com App

Trade on Crypto.com Exchange

Relevant resources

ATOM Price Statistics

Currency Converter

1 ATOM = 7.17 USD

Buy ATOM

General Information

Contract Address

ATOM Price Statistics

Company

Resources

Support

Cosmos

ATOM

.css-13hqrwd{font-weight:var(--chakra-fontWeights-medium);will-change:transform;transition-property:color;transition-duration:1.5s;}$7.17 USD

Cosmos Price Chart (USD)

Market Cap (USD)

24H VOLUME (USD)

Circulating Supply

Max Supply

Total Supply

General Information

Contract Address

About Cosmos

Cosmos Price Summaries

More about Cosmos

Where can you buy Cosmos?

Buy on Crypto.com App

Trade on Crypto.com Exchange

Relevant resources

ATOM Price Statistics

Currency Converter

1 ATOM = 7.17 USD

Buy ATOM

General Information

Contract Address

ATOM Price Statistics

Company

Resources

Support

$7.17 USD