![]() ![]() The Cosmos ATOM coin also plays a pivotal role in the functionality of the Tendermint Core BFT consensus mechanism because the Cosmos Hub is a proof-of-stake blockchain platform. ![]() Tokens that are hosted on the Cosmos Network include: Kava (KAVA), Terra (LUNA), Band Protocol (BAND), Aragon (ANT), and Akash Network (AKASH). This is helpful because it allows users to create essentially any type of blockchain system they desire - with practically everything already completed for them, except for their application logic and token. Tendermint’s significant technical capabilities allow developers to create their own blockchain platform without having to build everything from scratch. This process allows software engineers from Tendermint Core to reproduce the blockchain on state machines across the world. This is realized through a special machine that copies servers and spreads them throughout the global Cosmos Network. Basically, this means that Tendermint Core was created to copy specialized servers (or states). Tendermint, the consensus algorithm underlying the Cosmos Network, is built to be a high-performance BFT SMR ( State Machine Replication ) platform that replicates services that can then be simulated as deterministic, non-random state machines. The Tendermint BFT consensus mechanism solves these problems by utilizing a proof-of-stake (PoS) consensus algorithm specifically designed to give the network faster transaction times. Generally, proof-of-work (PoW) blockchain protocols are slow and expensive to run, with significant scalability challenges and high energy consumption. The Cosmos Software Development Kit (SDK): an open-source, scalable, infrastructure designed for building multi-asset proof-of-authority (PoA) and PoS blockchain platforms within the Cosmos Network. ![]() Inter-Blockchain Communication Protocol (IBC): designed by the Tendermint team to be an interoperable communication layer between different blockchain networks. Tendermint Core Byzantine Fault Tolerance (BFT) consensus methodology: a language-agnostic consensus algorithm designed by the Tendermint team that is used for state machine replication to copy other blockchain networks built within the Cosmos Network. This article will primarily discuss three main aspects of the Cosmos Network: The Tendermint team has constructed Cosmos Hub as an interoperable blockchain platform that allows the protocol to connect with independent blockchains - known as zones - within the Cosmos Network. They play a key role in building critical network infrastructure such as the Cosmos Hub, Cosmos SDK, and Tendermint Core - providing state-of-the-art tools to help realize the full potential of the Cosmos Network. The Cosmos Hub is being built by the Tendermint Core team - the primary organization responsible for designing and contributing to the Cosmos Network. Providing a voting mechanism to propose network amendments through Cosmos governance proposals Mitigating spam as the medium for paying gas fees Staking through incentivization-based validator nodes While Cosmos is designed to support a multitude of tokens, Cosmos’ native crypto is ATOM, which is the driving force behind the Cosmos Hub. It functions much like how you use a computer to share files that can be opened on any operating system. The Cosmos Hub is the blockchain protocol underlying an increasingly large number of blockchains built on the Cosmos Network, allowing them to communicate with each other. ![]()
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