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Cosmos (ATOM)

Cosmos claims to solve some of the “hardest problems” facing the blockchain industry. To combat “slow, expensive, unscalable, and environmentally harmful” proof-of-work protocols like Bitcoin, it proposes an ecosystem of interconnected blockchains.

A modular framework demystifies decentralized apps, making blockchain technology less complex and difficult for developers. Finally, an Interblockchain Communication protocol facilitates inter-blockchain communication, preventing industry fragmentation.

Tendermint, a key contributor to the network, was founded in 2014. A white paper for Cosmos was published in 2016, and a token sale took place in 2017. To earn ATOM tokens, you need to keep the Cosmos Hub, the project’s flagship blockchain, secure. This cryptocurrency is also used for network governance.