Cosmos (ATOM) up 27 % today ….

Cosmos (ATOM)

Looking very good today. Must be some news coming ?

You can earn 10% APR from staking your Cosmos on Cosmostation or 5% APR staking on Coinbase.com

You can sometimes earn 12.78 % APR on ATOM over on Binance with 90 Day Locked in Staking …

Binance: https://accounts.binance.com/en/register?ref=11778379

I’m pretty sure that Coinbase will need to increase their APR to compete with Cosmostation and Binance

Chart : https://coinmarketcap.com/currencies/cosmos/

Locked in Staking on Binance: https://accounts.binance.com/en/register?ref=11778379

What Is Cosmos (ATOM)?

In a nutshell, Cosmos bills itself as a project that solves some of the “hardest problems” facing the blockchain industry. It aims to offer an antidote to “slow, expensive, unscalable and environmentally harmful” proof-of-work protocols, like those used by Bitcoin, by offering an ecosystem of connected blockchains.

The project’s other goals include making blockchain technology less complex and difficult for developers thanks to a modular framework that demystifies decentralized apps. Last but not least, an Interblockchain Communication protocol makes it easier for blockchain networks to communicate with each other — preventing fragmentation in the industry.

Cosmos’ origins can be dated back to 2014, when Tendermint, a core contributor to the network, was founded. In 2016, a white paper for Cosmos was published — and a token sale was held the following year. ATOM tokens are earned through a hybrid proof-of-stake algorithm, and they help to keep the Cosmos Hub, the project’s flagship blockchain, secure. This cryptocurrency also has a role in the network’s governance.

Who Are the Founders of Cosmos?

The co-founders of Tendermint — the gateway to the Cosmos ecosystem — were Jae Kwon, Zarko Milosevic and Ethan Buchman. Although Kwon is still listed as principal architect, he stepped down as CEO in 2020. He maintains he is still a part of the project but is mainly focusing on other initiatives. He has now been replaced as Tendermint’s CEO by Peng Zhong, and the whole board of directors was given quite a substantial refresh. Their goals include enhancing the experience for developers, creating an enthusiastic community for Cosmos and building educational resources so greater numbers of people are aware of what this network is capable of.

Source: https://coinmarketcap.com/currencies/cosmos/