Cosmos (ATOM) is a decentralized cryptocurrency that operates on a unique blockchain network called the Cosmos Network. It was created in 2019 by the Interchain Foundation and aims to connect different blockchain networks together, making them interoperable and allowing for the transfer of assets and data between them. The Cosmos Network utilizes a consensus mechanism called Tendermint BFT, which allows for fast and secure transactions.
Beyond its interoperability features, Cosmos also emphasizes on scalability and flexibility, allowing for the development of customized blockchain solutions for various industries. Its unique technology has attracted a wide range of projects and partnerships in the blockchain space, making Cosmos a promising player in the cryptocurrency market.