What Is Cosmos Cryptocurrency. Atom (atom) (not to be confused with abandoned project atomic coin (atom)) is the main cryptocurrency existing on top of the cosmos platform which is designed to facilitate communication, scaling and interoperation between independent chains. Cosmos, which calls itself the “internet of blockchains,” enables transaction, communication, and consensus among various blockchain applications.
How does cosmos (atom) work? Atom is the native cryptocurrency. The whole system operates on the tendermint consensus, created in 2014 by jae kwon.
Cosmos (atom) is a cryptocurrency that powers an ecosystem of blockchains designed to scale and interoperate with each other.
In this system any nod found to be operating in a malicious fashion is removed from the network and its tokens are taken away. The whole system operates on the tendermint consensus, created in 2014 by jae kwon. It has a circulating supply of 240 million atom coins and a max supply of ∞. After you have your coinbase account, you need to choose a cryptocurrency exchange to make your deals, then you need to transfer your newly purchased btc or eth from your coinbase wallet.