Cosmos goes to Coinbase. We discuss news
We all heard about the famous cryptocurrency exchange Coinbase. The popular platform has over 12 million active accounts. Huge amounts of money pass through the site daily. However, in addition to the useful features for cryptocurrency transfers, Coinbase is known for its attention to maintaining various coins. The site regularly adds new coins. And the last is the Cosmos coin. Today we will tell you more about this cryptocurrency. And explain why the currency deserves a place on Coinbase and your attention. Without further ado, let’s get started.
Bit of theory
Cosmos is a well-known cryptocurrency platform with its own token. The coin is called ATOM, the token is used for transactions both inside Cosmos and separately from this platform. The main task of the creators of the platform is to unite several Blockchains. Cosmos allows you to transfer data from one system to another in a few seconds. All thanks to the unique design of the Cosmos Hub. The system operates on the principle of PoS, a fast algorithm ensures comfortable work in relation to mining.
It is worthwhile to elaborate on the Cosmos device. The system really deserves attention. Because it works in a special way. A separate core is responsible for combining several Blockchains, guaranteeing the performance and stability of the entire system. The internal program code is written in such a way that it can be easily changed on any convenient syntax. Every Cosmos user can bring something new to the platform. Within the platform, you can create applications that support ATOM. By the way, the internal coin goes well with Ethereum, Bitcoin, ZeroCash and other market representatives.
Such interesting technical solutions allow everyone to use a unique cryptocurrency. ATOM is fast, fully protected from third-party interference and easily tolerates scalability. Advantages liked serious exchanges. The token is already on sale at Binance. But now the coin came out on Coinbase. You can trust a coin, because before you add it to such a famous platform, cryptocurrency undergoes a lot of checks. There is no doubt in the honesty and serious intentions of the developers.
How will Cosmos develop?
Like any major project, Cosmos has its own roadmap. This is a document that contains the main stages of development of the site in the near future. We are currently considering adding new varieties of Proof of Stake. The company intends to bring this algorithm to a whole new level. Thus, the developers will improve not only their own project, but the entire industry as a whole.
In the near future, Cosmos should move into its second phase – Galactic. Analysts are confident in the coin. As well as serious investors. Recall that after the start of the ICO in just half an hour, users bought coins for about $ 17 million. Each investment went in the right direction. So there is no need to doubt Cosmos.
Stay tuned for updates to ATOM and other crypto industry projects with us. We publish only high-quality and relevant material. Thanks for attention. Good luck!