Discover the basics of the Cosmos ecosystem, the ATOM cryptocurrency and the Inter-Blockchain Communication protocol.
Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.Cosmos is a decentralized network that aims to solve the scalability and interoperability issues faced by many blockchain networks.
Plus, many of them use the Inter-Blockchain Communication protocol, to ensure secure communication between blockchains. This is what enables messages and tokens to be sent between chains.Delving deeper into the Cosmos ecosystem, the Cosmos Hub holds a unique position. The native cryptocurrency, ATOM, is instrumental in the Cosmos Hub. Network participants can stake ATOM, earning rewards and potentially becoming validator nodes. Validators power the blockchain and vote on changes. The more ATOM staked, the higher the voting power for the validators. Users can delegate their tokens to validators, promoting honest performance. They can switch between validators, depending on their voting preferences, offering flexibility.
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