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İstanbul
1 Level
754 Review
1052 Karma

Review on Cosmos by Özgün A

Revainrating 4 out of 5

A-TOM

Blockchains work by their own rules and in isolation from the outside world. The Cosmos network aims to enable blockchains to interact with each other, making transactions between blockchains. Cosmos runs the coordination and verification center called the Cosmos Hub for the whole system to work in harmony. Tendermint transactions occurring in the Cosmos network are verified with the Proof of Stake (PoS) algorithm.
You can also store your ATOM balance in portable and secure hardware wallets that are not constantly connected to the internet. In order to send ATOM from hardware wallets, you need to connect the device to your computer and perform transactions through the wallet application.

img 1 attached to Cosmos review by Özgün A



Updated 3 years ago
Rating changed from 5 to 4
I see that there has been an important activity in Cosmos recently. Cosmos, which plans to increase its supply thanks to staking, wants to reach more users. But every coin it will supply will upset the Cosmos users a little, because its price will decrease. Let's see what will happen in the days to come



Pros
  • Promising future
  • More preferred every day
Cons
  • Unstable price