X

Emily from Louisville

Signed up at Betplay Casino 29 minutes ago.

» Try Betplay Casino too
Do not show again

Cosmos (ATOM) Review (9.33/10⭐)

Click to see screenshots
The main purpose for Cosmos (ATOM) is to solve problems, often related to multi-chain compatibility and scalability.
ATOM/USD (5.67%)
$9.27
November 10, 2023, 8:36 pm [UTC]

9.33 rating

Visitor Consensus on Cosmos Today
Positive: 53.13%Negative: 46.87%
What's your view on Cosmos today?
 
›› Buy/Sell Cosmos here

 

Cosmos is a techno-hub that consists of interconnected applications in an ever-expanding blockchain ecosystem. The applications on this ecosystem connect using Inter Blockchain Communications (IBC) protocol, which enables the exchange of data and digital assets online. It is the future of technology since it is decentralised and can host multiple services, including digital finance.

 

A Bit About Cosmos

Cosmos is a digital currency and a blockchain network that concentrates on solving problems in the cryptocurrency industry. It was developed by Jae Kwon and Ethan Buchman in 2014. It was later released in 2019 and has enhanced interoperability, independence, and scalability. It is commonly described as blockchain 3, and it runs on an asynchronous Byzantine fault to validate all the transactions. Here is more about the crypto and platform.

The open, scalable, and interconnected economy of the future.CryptoLists.com
 

ATOM is a Cosmos token that measures its value as a digital currency. It is a Cosmos security measure, which allows account holders to contribute to its strength. The system rewards account holders with freshly generated ATOM that pays from transaction fees. The locking process is staking. The more you lock up, the more you get as transaction fees. However, the amount generated as transaction fees relies on the transaction volume over time. If it is high, you get more, and vice versa. Through staking, you have the power to decide through voting on the future and performance of Cosmos and ATOM.

 

Utility of Cosmos?

Some of the top reasons making people invest in Cosmos include, but are not limited to:

The CSS Network is Designed for Scale
The CSS Network can handle up to 10,000 transactions per second. This is significantly higher than the capacity of Bitcoin (3-7 transactions per second) and Ethereum (15-20 transactions per second).

The CSS Network is More Secure Than Other Blockchain Platforms
Cosmos is more secure than other blockchain platforms because it uses the Tendermint algorithm and Byzantine Fault-Tolerance (BFT). These two combine to ensure that all transactions on this platform are valid.

CSS has an Extensive Team of Developers and Advisors
CSS started in 2014 and had its token sale in 2017. It is backed by a team with ample experience in the blockchain industry, and they have been developing since then.

The Cosmos Network Is More Decentralised Than Other Blockchain Projects
Through interoperability and three governance models, CSS has made it possible to achieve true decentralisation on its platform: proof of stake, proof of work, and hybrid.

Cosmos Provides a Platform for Businesses to Build Projects on Top of It
Businesses can create their blockchains on the platform provided by CSS without making separate changes to their algorithm or code. Because this involves programming, companies cannot quickly build applications on top of different blockchains. CSS makes it possible for them to do so without any significant changes.

The Cosmos Network Is More Flexible Than Other Blockchain Projects
CSS is more flexible than other blockchain projects because it allows businesses to create their blockchains on its platform and supports multiple consensus models. This gives businesses more options and the freedom to decide which they prefer most.

The Cosmos Network Can Be Used as a Public or Private Blockchain
The CSS platform can be used for public or private blockchains because of its flexibility and interoperability features. This is unlike other blockchain projects that are not open-source.

Cosmos Price details

ERC20 Contract address: 0x8D983cb9388EaC77af0474fA441C4815500Cb7BB
›› Details & Tokenomics



Very speculative and theoretical potential data
Last updated: November 10, 2023, 8:36 pm
›› ATOM tokenomics and social media
 

Advantages of Cosmos

+ Facilitates connection between different blockchains.
+ ATOM holders can stake their coins to generate interest over time.
+ Secure platform owing its safety to numerous blocks in the ecosystem.
+ The system is community-governed; every ATOM holder can vote.
 

Disadvantages

- Inactivity might cost the account holder a fraction of their ATOM.
- ATOM staking delegation might not yield as many tokens as expected.
- -Regulation is still an issue since FIAT funds are exchanged to ATOM.
- Staking is speculative and doesn't guarantee returns on investment.
 

Costs

▪ Rated at 10/10

Costing ATOM mainly comes in form of transaction fees, directly and indirectly. Direct costing is the deductible amount when you move ATOM from one wallet to another. The cost differs depending on the type of wallet used. Check out the actual transaction cost from your e-wallet.

The second costing is indirectly and is associated with the risks. When you are offline for a long time, Cosmos deducts 0.01% of the held ATOMs. In case of a double signing, there is a 5% slashing from your ATOM as a penalty charge.

 

Reputation and Buzz

▪ Reputation rated at 9/10
▪ Buzz rated at 9/10

Cosmos setup makes it the “Internet of Blockchains” as it facilitates cryptocurrency and digital data exchange via blockchain. Thanks to interoperability, the blockchain has over 260 apps running where you can trade any crypto.

Its decentralised theme and capacity make it preferable to the current generation. Once you have an account, you can buy and sell ATOM and also benefit from other transactions through staking. There are no middlemen who squeeze out their margin, which makes trading expensive.

Its technical composition and operational efficiency make Cosmos a solid cryptocurrency. Interconnecting blockchains makes it universally acceptable within the decentralised finance (DeFi) circles. As much it grows its portfolio, it helps other cryptos grow equally. Cosmos boasts of over USD129 Billion worth of assets under its management.

 

FAQ

What blockchain does Cosmos use?

Cosmos (CSS) uses the Tendermint algorithm, a proof of stake consensus algorithm. It uses BFT to allow different blockchains to communicate without any central authority. This makes it possible for other blockchain projects to use CSS as a platform to build their applications on top of it.

What is the highest price Cosmos ever reached?

It hit an all-time high of $44.70 per atom on 20 September 2021. It took a downward turn and hasn’t reached the numbers for some time now.

How does CSS price gain significance in the market?

So far, Cosmos has stood the test of time and earned the trust of its investors. This has made it hugely significant than the other cryptocurrencies.

Is Cosmos a good investment?

As per the price predictions and history, ATOM seems to be a great investment. The price may fluctuate occasionally, but it is a good deal.

How many transactions per second can Cosmos handle?

CSS can handle around 10,000 transactions every second.

Where can I find a list of all the validators on the Cosmos network?

When writing this post, there were 58 validators on the CSS network. You can find their list on the official Cosmos platform on the validators section. The list will be updated as more validators come on board.

What is the difference between CSS and other blockchain projects?

Cosmos is different from other blockchain projects because it allows businesses to create their blockchains on its platform and supports multiple consensus models. This gives businesses more options and the freedom to decide which they prefer most.

›› Trade Cosmos here›› Buy/Sell Cosmos here

Screenshots from Cosmos

Click for larger image
 

More sites where to buy/sell/trade Cosmos

Below you can see some other platforms, exchanges and/or brokers where you can buy, sell or trade this coin. Click on the logo to read our review.
ATOM, ATOM/USD, ATOM/EUR, ATOM/GBP, ATOM/AUD, ATOM/NZD, ATOM/CAD, ATOM/JPY, ATOM/CHF, ATOM/ZAR, ATOM/HKD, ATOM/SGD, ATOM/NOK, ATOM/SEK
›› Buy Cosmos at eToro
This ad promotes virtual cryptocurrency investing within the EU (by eToro Europe Ltd. and eToro UK Ltd.) & USA (by eToro USA LLC); which is highly volatile, unregulated in most EU countries, no EU protections & not supervised by the EU regulatory framework. Investments are subject to market risk, including the loss of principal.
ATOM, ATOM/BSW, ATOM/BNB, ATOM/BUSD
ATOM/BTC, ATOM/USDT
ATOM/USD CFDs
ATOM/USDT, ATOM/USDT
ATOM/EUR, ATOM/GBP, ATOM/USDT
›› Buy Cosmos at CEX
Remember to never risk money that you can not afford to loose. Crypto currencies is highly volatile, unregulated in most EU countries, no EU protections & not supervised by the EU regulatory framework. Investments are subject to market risk, including the loss of principal.
ATOM/BNB, ATOM/BTC, ATOM/BUSD, ATOM/USDT, ATOM/ETH, ATOM/TRY, ATOM/BRL, ATOM/EUR
ATOM/BTC, ATOM/ETH, ATOM/USDC
ATOM/USDT
ATOM/BTC, ATOM/ETH, ATOM/USDT, ATOM/KCS, ATOM/USDC
ATOM/USDT, ATOM/TRY, ATOM/BTC
ATOM/USD, ATOM/AUD, ATOM/AED, ATOM/CAD, ATOM/CHF, ATOM/EUR, ATOM/GBP, ATOM/JPY
ATOM/BTC, ATOM/USDC
ATOM/USD, ATOM/USDT, ATOM/BTC
ATOM/BTC, ATOM/ETH, ATOM/USDC, ATOM/USDT
ATOM/USDT, ATOM/BUSD
ATOM/USDT, ATOM/ETH, ATOM/BTC
ATOM/USDT, ATOM/BTC
 

Cosmos details and tokenomics

Cosmos Ticker: ATOM
ERC20 Contract address: 0x8D983cb9388EaC77af0474fA441C4815500Cb7BB
BSC Contract address: 0x0eb3a705fc54725037cc9e008bdede697f62f335
ATOM Contract address: 27394FB092D2ECCD56123C74F36E4C1F926001CEADA9CA97EA622B25F41E5E
Type of crypto: native-coin
Launch/ICO Date: April 6, 2017
Resources & Social media
🔗Blockchain URL: https://etherscan.io
 

Other tokens or coins to check out

Since you are interested in Cosmos, you may also want to check out the coin(s) or token(s) below?
Cosmos Newsflash
    Swissborg Thematics Goes Live To Genesis MembersSwissborg Thematics Goes Live To Genesis Members
    Thursday, 6 Oct 2022 4:21 pm
    Today, Swissborg is launching a new product that mix a range of cryptocurrencies that are more or less relevant for Web3. With the click of a button, it is possible to get diversified and invested in several web3 related coins and tokens. During the launch, 10% will be allocated to Cosmos (ATOM), 10% to Ether (ETH), 10% to Polkadot (DOT), 10% to Polygon (MATIC), 10% to Secret (SCRT) and 10% to Swissborg Token (CHSB). As if the Swissborg Genesis members did not have enough CHSB already? Not the optimal allocation of capital, but only 10% in CHSB could probably be alright, since the value of their own token gone down rather much and there should be decent upside over time. From the remaining web3 basked, 7.5% of the capital goes to Kusama (KSM) and 7.5% to Mina (MINA), while 5% each goes to Avalanche (AVAX), Cardano (ADA), Celo (CELO), Near Coin (NEAR) and Solana (SOL). Withdrawal fees for Thematics are 0.1% for all tiers, while the minimum fiat fees range from 1 EUR to 4.5 CHF. For those...
    Read the full newsflash


    Be[in]Crypto's Top 5 coins & tokens for April 2022Be[in]Crypto's Top 5 coins & tokens for April 2022
    Monday, 4 Apr 2022 1:21 am
    Are you looking for inspiration when it comes to crypto investments? Be[in]Crypto created a top list for coins, where the following are mentioned as some of the best options right now: SXP's updates include mobile wallets, web wallets, and the Solar Side Ledger Protocol. Axie Infinity (AXS) use cases will increase with the deployment of the land gameplay and the Axie origins V3...
    Read the full newsflash

New Casino Reviews
New Crypto Casinos
Best Crypto Casinos
Recent Crypto Sites
Recent Crypto Coins
Keep up to date with
 

Our Newsletter

Sign up to our newsletter to get the
latest crypto news, new casinos,
bonus offers and other exciting
exclusives.
* indicates required
CryptoLists.com
Copyright © 2019-2022, by Crypto Lists Ltd (CryptoLists.com). Company name: Crypto Lists Limited. Address: 5 Upper Montagu Street, LONDON W1H 2AG, England.
Jump to top