Cosmos is a project that aims to unify crypto-networks through open-source tools and seamless transactions between multiple different blockchains. The team, which calls itself "The Internet of Blockchain", has created key customisable and interoperable software development kits (SDKs) that can be used to build on the Cosmos network.
The goal of Cosmos is not to create its own network, but to foster an ecosystem of different blockchains that can share data between all participants. New blockchains created within the Cosmos ecosystem will be connected to the Cosmos Hub. The Cosmos Zone keeps a record of all interoperable blockchains (also called zones). These zones are built using the Cosmos SDK standard consensus layer.
The Cosmos mainnet uses validators to determine voting power, and these are based on the amount of ATOM (the blockchains' utility token) deployed. Validators can propose new blocks for others to vote on. A successful vote produces a reward that is given to the validator and to the users who have deployed their tokens at that validator.
You can store ATOM in the Anycoin Vault. In the Vault, you can easily and securely store, swap, sell or buy your crypto. This is because Anycoin Direct uses cold-storage, making it extra secure. By using the Anycoin Vault, you pay less transaction fees, your cryptocurrencies are securely stored and it offers you the ability to trade between cryptocurrencies easily and quickly. Currently, it is only possible to store Cosmos in the Anycoin Vault.
Anycoin Direct is officially registered with De Nederlandsche Bank and the Austrian FMA. In addition, we always implement the latest security protocols.
Store your coins in our secure Vault or send them to your personal wallet. You decide how your coins are stored.
Over 500,000 Europeans are part of the Anycoin platform. In addition, Anycoin Direct is the best rated crypto broker in Europe.
With over 14.000 reviews on TrustPilot (average of 4.5 stars) and an official registration with De Nederlandsche Bank (DNB), Anycoin Direct is one of the most trusted crypto services in Europe since 2013.
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The Vault is a safe alternative to the traditional crypto wallet for those who want to buy, sell and swap their coins on Anycoin Direct. Within the Vault you can store all your digital assets and swap them against one another. Still want to send crypto to an external wallet like your Ledger? No problem, the Vault is an additional feature. The choice is yours.
Balances in the Anycoin Vault, are kept in a foundation. This foundation has only one purpose, to preserve our customer funds. This construction ensures that customers are entitled to compensation in the unlikely event of Anycoin Direct's bankruptcy. In addition, we want to reiterate that we always want to give customers a choice between using the Anycoin Vault and sending coins to an external wallet.
The ATOM coin can be used for governance. Atom is a Proof-of-Stake coin, which means you can delegate your coins into a validator pool and earn rewards based on your holdings. The more ATOM you wager, the more you earn. However, wagering locks your ATOM, and unlocking ATOM coins can take up to 21 days. Staking your ATOM coins reduces misbehaviour on the network, and gives the network better security.
A well-known developer Jae Kwon and Ethan Buchman co-founded the Cosmos network in 2014. Tendermint was one of their first consensus algorithms that would later be used to power the Cosmos blockchain.