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How Cosmos Hub (ATOM) is building the “Internet of Blockchains”

 


Cosmos is a proof-of-stake based cross-chain platform optimized for scalability and cross-network data sharing.

The token ATOM is used for transactions, governance and to secure the proof-of-stake process.

Application-specific blockchains - called zones at Cosmos - can be linked with each other via the Cosmos Hub.

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To the provider

Proof-of-work networks such as Ethereum can also be connected to Cosmos via “peg zones”.

This is intended to create a comprehensive “Internet of Blockchains”.

Unlike Polkadot, which follows a similar model with its parachains, Cosmos offers unlimited blockchain space.

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