Hello to everyone,
Cosmos has been a project that has been in my interest for a long time. Although it is in my own portfolio, I can say that I have just started to get my expectations with the latest stargate update.
Cosmos is an ecosystem in its own right. Basically it allows people to build private, secure, scalable and interoperable blockchain applications. One of its most impressive features is that it is an open source community project created by the tendermint team.
But what is this tendermint?
Tendermint eliminates this complexity by simplifying the layers required to create blockchain, namely networking, consensus and implementation. This saves time. it can create a block and process thousands of transactions in a very short time of one second.
Cosmos allows to improve the financial system of the future and the tools that make up the internet. It also has horizontal and vertical scalability.
Finally, as I mentioned at the beginning of my review, with the stargate upgrade, 100 times faster efficiency synchronization and 20 times faster updates are provided. This is a big sign that ATOM (cosmos) will make its investors very happy in terms of market value in the future.