1. What is ATOM in Cosmos?

Cosmos blockchain has its native token called ATOM, used for governance, staking, and securing the network

3. What is Cosmos Hub?

A central blockchain in the Cosmos ecosystem that connects and secures independent chains through IBC.

4. Where can the users purchase ATOM?

One can purchase ATOM in leading exchanges, such as Binance, Coinbase, Kraken, and Kucoin.

5. What is Inter-Blockchain Communication (IBC)?

A protocol of Cosmos that enables secure data and asset transfers between independent blockchains.

6. Can users stake ATOM?

Yes, ATOM holders can stake their tokens to support network security and earn staking rewards.

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cosmos

Cosmos is a layer-1 blockchain platform, enabling blockchains to be scalable, interoperable, and simple to develop

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Cosmos is a layer-1 blockchain platform created by Jae Kwon and Ethan Buchman, which was built in 2014, enabling blockchains to be scalable, interoperable, and simple to develop. It allows linking and communication of different blockchains, making transactions fast and inexpensive.