The Cosmos project aims to become the internet of blockchains, by creating protocols able to link together. In 2014, the idea of Cosmos was born in the mind of Jae Kwon. The latter joined forces with Ethan Buchman in 2015. Together, they created the Tendermint protocol. Through the Tendermint protocol, these blockchains are able to communicate by sending tokens or various messages. Tendermint is a software allowing to replicate in a safe and coherent way an application on many machines.
Last Page Update
October 2, 2021
Founder(s)
Jae Kwon and Etan Buchman
Mainnet Launch
March 2019
Consensus
Delegated Proof of Stake (DPoS), Tendermint
Architecture
Multi-chain (IBC-Compatible)
Security
Blockchain Specific
Validators
~150
Type
Layer 1
VM/Dev
WebAssembly/EVM Cosmos SDK
TPS
10000
Economics
Variable Tx Fees
Avg Tx Fee
~$0.01
Rating:
- Performance
Transaction speed and network scalability
4/5
- Security
Operating mechanism and validators
4/5
- Economics
Functioning of the economy and distribution
3/5
- Ecosystem
Scope of the ecosystem and partners
4/5
- Team & Community
Team experience and community strength
5/5
- Fees
Cost of transaction fees (the higher the score is, the lower the fees are)
4/5
Blockchain Categories:
0
Tags
Platform
Smart Contracts
Interoperability
Content Creation
Can be Staked ?
Yes
0
%
Annual Interest
Community rating:
0 out of 5 stars (based on 0 reviews)
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