Is Cosmos a Dying Blockchain?

<a href="https://en.bitpush.news/articles/tag/cosmos" rel="noopener ugc nofollow" target="_blank">Cosmos</a> was once the king of interoperability thanks to its revolutionary Tendermint consensus mechanism and Inter-Blockchain Communication (IBC) standard. However, several years after its release, the Cosmos ecosystem has grown without needing the ATOM token. Let’s analyze the value proposition of ATOM, its newfound competitor <a href="https://en.bitpush.news/articles/tag/ethereum" rel="noopener ugc nofollow" target="_blank">Ethereum</a>, and if the Cosmos ecosystem has a chance of ever taking off. Cosmos was founded in 2016 by Jae Kwon and Ethan Buchman. They were part of the Tendermint team, which developed a software development kit that provides the core functionality of a blockchain, such as consensus and networking. The Cosmos SDK utilized Tendermint to create a modular framework that allows developers to build their blockchains with custom features and applications without starting from scratch. The SDK’s standardization also enables cross-chain communication through the Inter-Blockchain Communication (IBC) protocol, which allows different blockchains to transfer tokens and data with each other. <a href="https://bitpushnews.medium.com/is-cosmos-a-dying-blockchain-a0c308af0dac">Visit Now</a>