Cosmos is developed by All in Bits, a company founded in 2014 that operates under the name of Tendermint and is primarily funded through a Swiss non-profit company called the Interchain Foundation.
The brains behind the project aim to make Cosmos the premier solution for the Blockchain interoperability problems. To do this, Cosmos brings to the table a custom proof-of-stake consensus mechanism, an inter-blockchain communication protocol and a developer-friendly SDK for custom application-specific blockchain development.
The native utility token to the COSMOS ecosystem is ATOM — a proof-of-stake token with the total supply capped at 236,000,000 units. Holders of ATOM can stake their holdings and also delegate their staked ATOMs to any validator to earn a portion of block fees and ATOM rewards.
To make it easy for the general public to store and stake their ATOM tokens, several developers have released high-quality android wallets for Cosmos. In this article, we will be taking a look at three of the very best Android wallets with ATOM support. Click here to know more about #decentralized.
The brains behind the project aim to make Cosmos the premier solution for the Blockchain interoperability problems. To do this, Cosmos brings to the table a custom proof-of-stake consensus mechanism, an inter-blockchain communication protocol and a developer-friendly SDK for custom application-specific blockchain development.
The native utility token to the COSMOS ecosystem is ATOM — a proof-of-stake token with the total supply capped at 236,000,000 units. Holders of ATOM can stake their holdings and also delegate their staked ATOMs to any validator to earn a portion of block fees and ATOM rewards.
To make it easy for the general public to store and stake their ATOM tokens, several developers have released high-quality android wallets for Cosmos. In this article, we will be taking a look at three of the very best Android wallets with ATOM support. Click here to know more about #decentralized.
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