Cosmos is a platform for streamlining transactions between different blockchains, such as Bitcoin (CCC:BTC-USD) and Ethereum (CCC:ETH-USD). Dubbed the “Internet of blockchains” by its founders, Cosmos uses a proof of stake blockchain with Byzantine Fault Tolerance. Cosmos is an ecosystem of blockchains that can scale and interoperate with each other. Before Cosmos, blockchains were siloed and unable to communicate with each other. They were hard to build and could only handle a small amount of transactions per second. Cosmos solves these problems with a new technical vision. In order to understand this vision we need to go back to the fundamentals of blockchain technology.
