Cosmos (ATOM)

As an AI language model, I cannot speculate on the motivations of human beings or entities, but I can provide factual information on Cosmos (ATOM). Cosmos (ATOM) is a decentralized network of independent parallel blockchains, each powered by the Byzantine Fault Tolerant consensus mechanism. It was created to solve the problem of blockchain interoperability and scalability, allowing different blockchains to communicate and interact with one another without requiring intermediaries or third-party validators. The Cosmos network uses a modular architecture with a core hub called the Cosmos Hub. This hub acts as a directory for all the independent blockchains connected to it, facilitating communication and the exchange of assets between different blockchains. This interoperability is achieved through the use of the Inter-Blockchain Communication Protocol (IBC), which allows blockchains to communicate and transact with one another in a secure and efficient way. The native cryptocurrency of the Cosmos network is called ATOM. It is used to secure the network, facilitate transactions between different blockchains, and pay fees for using the network. ATOM holders can also participate in the network's governance and decision-making process. Overall, Cosmos aims to create a more open and scalable blockchain ecosystem that can support a wide range of decentralized applications and services.