Cosmos Network

Cosmos Network

A blockchain network architecture consisting of various independent blockchains called zones which are connected to each other by the Cosmos Hub.

Cosmos Network is a blockchain network architecture run by the Interchain Foundation. The company is headquartered in Zug, Switzerland and was founded in 2016 by Ethan Buchman and Jae Kwon. Cosmos consists of various independent blockchains called zones. Zones are connected to each other by Cosmos Network Hubs; the digital ledgers responsible for token swapping between zones. Cosmos Network Hubs connect directly with zones, instead of zones directly connecting with each other; reducing the risk of double spending and unfreezing of tokens.

Diagram of a Cosmos Network Hub.

Notable projects in development by Cosmos Network include the Cosmos SDK, Cosmos Hub (launched on March 13, 2019), Tendermint Core, and several Interchain Standards.

Funding

Initial coin offering (ICO)

On April 6, 2017 Cosmos held their initial coin offering selling approximately $17 million worth of the platforms ATOM cryptocurrency. The ICO raised $16.8 million in funding within the first 30 minutes of raising money making it one of the most successful ICO's in blockchain history.

Timeline

People

Name
Role
LinkedIn

Ethan Buchman

Co-Founder

Jae Kwon

Co-Founder

Further reading

Title
Author
Link
Type
Date

Cosmos Whitepaper: A Network of Distributed Ledgers

Jae Kwon, Ethan Buchman

Academic

Cosmos: Discovering interoperability of blockchains

Crypto Judgement

Web

Cross-Platform Blockchain Project Cosmos Launches First Hub After $17 Million ICO

Ana Berman

Web

March 14, 2019

Documentaries, videos and podcasts

Title
Date
Link

The Cosmos Network

September 20, 2017

Companies

Company
CEO
Location
Products/Services

References

Golden logo
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