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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:

Transaction speed and network scalability

4/5

Operating mechanism and validators

4/5

Functioning of the economy and distribution

3/5

Scope of the ecosystem and partners

4/5

Team experience and community strength

5/5

Cost of transaction fees (the higher the score is, the lower the fees are)

4/5

Cryptocurrency:

Blockchain Categories:

0
Tags
Platform
Smart Contracts
Interoperability
Content Creation
Can be Staked ?
Yes
0 %
Annual Interest

Community rating:

0
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0 out of 5 stars (based on 0 reviews)
Excellent 0%
Very good 0%
Average 0%
Poor 0%
Terrible 0%

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