Ivan on Tech Academy provides latest insights and reports about the blockchain industry.
You may already have heard about Tendermint and Tendermint Core in relation to the Cosmos network, or if you’ve kept close watch on the cryptocurrency market. In essence, Tendermint looks to offer an open-source alternative for launching blockchains. What’s more, Tendermint Core is the self-proclaimed leading "Byzantine Fault Tolerant" middleware when it comes to building blockchains. It works in coordination with Cosmos and is advantageous for developers because they can write their applications in any language.
Now, we realize the first paragraph alone raises lots of questions. For instance, what is Byzantine Fault Tolerance? What is Cosmos? And if you're new to all of this, you might even be wondering what a blockchain is? Don't worry. We'll cover it all.
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Interoperability is one of the key narratives in the blockchain industry at the moment. With new cryptocurrency and decentralized finance projects emerging across many different platforms, it’s important that these blockchains are able to speak to each other. Luckily, the Cosmos Network and the ATOM token are making this possible. The Cosmos blockchain ecosystem allows developers to build and deploy custom interoperable blockchains with ease.
In this article, we’re going to explore the various elements of the Cosmos Network. We’ll also look at how Cosmos makes it simple to create bespoke blockchain solutions. Plus, we’ll look at some of the successful projects to come from the broader Cosmos blockchain ecosystem. Also, we’re going to look at the role of the ATOM token and the exciting future for the Cosmos Network.
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