Cosmos (ATOM) Explained: What is Cosmos? Crypto Simply Explained! #shorts

Cosmos (ATOM) Explained: What is Cosmos? Crypto Simply Explained! Shorts

What is Cosmos?
Cosmos is a blockchain ecosystem that enables interoperability between different blockchains. It enables the exchange of information and assets between different blockchain networks.
How does Cosmos work?
Cosmos uses a technology called Tendermint, which allows different independent blockchains, also known as “zones,” to be connected. By using the Inter-Blockchain Communication (IBC) protocol, these blockchains can seamlessly communicate with each other.
Why is Cosmos important?
Cosmos strives to improve the scalability and interoperability of blockchains. By enabling collaboration and communication between different blockchains, developers and users can benefit from improved features and capabilities.

Disclaimer:
All information in this video is meant for educational and entertainment purposes only. Before relying on this information, consider your situation and seek professional advice. Before making any decision, you should double-check the nature of any product or service (including its legal status and relevant regulatory requirements), consult the relevant regulators’ websites, or do your own research.