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Space (blockchain) – Wikipedia

Article from Wikipedia, the free encyclopedia.

Cosmos is a public blockchain that allows you to exchange currencies and use smart contracts. This protocol, launched by Ignite in 2016, fits into the broader philosophy of the “Internet of Blockchains”, which aims to simply connect multiple networks to each other.[1].

The native Cosmos token is designated ATOM and is non-minable. Owners can earn more by securing the network with staking.[2].

General Information Created Date 2016 Creator Ignite Stock Symbol ATOM Chain Features Minable No Block Size Dynamics

In 2014, developers Ethan Buchman, Peng Zhong, and Jae Kwon created Tendermint and the consensus algorithm of the same name, which aims to be resistant to Byzantine breaking.

In 2016, the project’s white paper was published, followed by an initial coin offering that raised $17 million in Ether. The purpose of the Cosmos blockchain is to become the center of a larger ecosystem that different networks can connect to and interact with. Thus, the Cosmos SDK allows developers to create blockchains and decentralized applications that can interact with each other.

ATOM holders can lock their tokens with validators to secure the network and in return receive compensation through proof of stake. In addition, decisions regarding the development of Cosmos are subject to management votes, which enhances the community aspect.

In February 2022, Tendermint changed its name to Ignite and was led by Peng Zhong. Jae Kwon is still present to continue development of the Cosmos SDK and Gno.land, an ecosystem-integrated blockchain that aims to compete with Ethereum.[3]. In August of the same year, the Interchain Security functionality is announced for deployment in January 2023.[4] ; this will allow some blockchains to secure others and therefore generate more tokens as staking rewards.[5].

If the Cosmos blockchain is the heart of the ecosystem of the same name, many other networks have emerged since then with their own utilities. The table below lists the main Cosmos blockchains.

Name Creation date Symbol Note

Space

2016 ATOM Blockchain Central Ecosystem

Osmosis

2021 OSMO blockchain, on which OsmosisLab, Cosmos’ first decentralized exchange, was created

Crypto.org network

March 25, 2021 Crypto.com Enterprise Core Blockchain CRO

Chronos

2021 Decentralized Finance Blockchain CRO by Crypto.com

Terra

The 2018 LUNA blockchain that collapsed in May 2022

Eumos

2022 EVMOS Ethereum Virtual Machine

Juno

JUNO 2021 blockchain focused on smart contracts

secret network

Blockchain SCRT 2020 focuses on data privacy

starry look

Blockchain STAR 2021 focuses on NFTs

Regeneration network

The REGEN 2020 blockchain is being used, among other things, to validate carbon credits.

Comdex

2021 CMDX Decentralized Finance Application

Guardian

2020 DVPN Decentralized VPN

chihuahua web

2021 HUAHUA Memcoin

Akselar

2021 AXL Bridge to Ethereum

agoric

2021 BLD Bridge to Ethereum

Kujira

2021 KUJI. Previously a DeFi app on Terra, now has its own blockchain.

  • (in us) « What is Cosmos Network (ATOM) | The Beginner’s Guide to the Internet of Blockchains »on the CoinCentralOctober 16, 2018 (as of November 28, 2022)
  • (in) « New space hub could be the main catalyst for ATOM | Looking for an Alpha »on the searchalpha.com (as of November 28, 2022)
  • Sam Kessler, “Cosmos Builder Tendermint is being renamed to ‘Ignite’ as the team changes focus”on the www.coindesk.comFebruary 23, 2022 (as of November 28, 2022)
  • Anachronosis“Interchain Security will be deployed to the Cosmos ecosystem in January 2023”, on AnachronosisAugust 12, 2022 (as of November 28, 2022)
  • (en-US) Angela Radmilak, “What is Interchain Security and why is it so important to the Cosmos (ATOM) ecosystem? »on the CryptoSlateFebruary 6, 2022 (as of November 28, 2022)
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