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Project Description

Atoms can be used for transaction fees on the main Cosmos hub; however, zones will be allowed to collect fees in any currency or combination of currencies of their choosing. The hidden cap of $17 million was reached in just 30 minutes from only 1090 donations. The fundraiser had a cap of 1M USD per person, despite this one large investor contributed $1.812 Million. They were later refunded the difference minus an admin fee. Cosmos committed to a hedging strategy of 50% fiat, 25% Bitcoin, 25% Ether, denominated in USD. They have liquidated 50% of the cryptocurrency tokens however they say they reserve the right to change this hedging strategy at any time. The Atoms available in the crowdsale will not immediately be liquid: once created, they will vest at a constant rate per hour over the course of two years.The Cosmos Network is the first project by the Interchain Foundation. Its development is being led primarily by All In Bits, Inc., the team that created Tendermint. 5% of the Atoms go to its initial donors, 10% go to the Interchain Foundation, 10% go to the company developing most of the software, and the remaining 75% to be distributed according to the results of the private and public fundraisers.

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*Disclaimer: This data should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency/cryptotoken or ICO.
ATOM* Latest Updates
February 23, 2018

The Technicals of Interoperability—Introducing the Ethereum Peg Zone

Cross-blockchain crypto-asset transfer is core of what we do at Cosmos. Within the ecosystem, crypto-assets are transferred via the IBC protocol, an Inter-Blockchain Communication protocol, which facilitates interoperability. Notably, IBC only works if both the starting and the destination...

From: Chjango Unchained

February 13, 2018

Dev Update—Debugging the Memory Leak in Tendermint

I have spent the last week looking for clues and writing test cases in order to find and fix the memory leak in Tendermint. For those of you who don’t know, Tendermint Core is a Byzantine Fault Tolerant (BFT) middleware that takes a state transition machine — written in any programming...

From: Anton Kaliaev

Debugging the memory leak in Tendermint

I have spent last week looking for clues and writing test cases in order to find and fix the memory leak in Tendermint. For those of you who don’t know, Tendermint Core is a Byzantine Fault Tolerant (BFT) middleware that takes a state transition machine — written in any programming...

From: Anton Kaliaev

February 12, 2018

Cosmos Launch Schedule

Dear Cosmonauts,We’d like to thank you for embarking on this journey with us as we build the spaceship that will propel us into the Cosmos. As we lay the foundations for the Internet of Blockchains from the ground up, we appreciate your patience. Many of you have helped us bootstrap this...

From: Tendermint

February 03, 2018

Cosmos-UI Release v0.4.0

The latest Cosmos-UI release is now live!Running the UI with the binary release is super simple. Download the zip file, extract it, then double click the ATOM icon. Don’t forget to save your mnemonic, even if this is just on a test network.NOTE: DO NOT ENTER YOUR FUNDRAISER SEED. THIS...

From: Tendermint

February 02, 2018

Quickstart Guide — Connecting to the Latest Testnet

Quickstart Guide — Connecting to the Latest TestnetHow to Connect to the Latest TestnetInstall GaiaFor now we are only supporting installing from source, since it gives you the ability to audit the code you compile. Version 1.9.2 of Go is required to run a node in Gaia. Follow the...

From: Adrian Brink

January 31, 2018

Latest in Cosmos—January Update

January 31, 2018New HiresArianne Flemming—Finance ManagerArianne brings a mix of startup operating experience and financial expertise to the Tendermint team. She was Associate Director at a seed-stage accelerator based at the University of Toronto, and more recently, Director of Finance at an...

From: Tendermint

January 30, 2018

Gaia Testnet Roadmap

This testnet roadmap gives you an idea about where we are in terms of testing and how much more there is to go. In a separate post, you’ll be given a quickstart guide about how to connect to the latest release of the gaiatestnets.Gaia, DefinedGaia is the ancestral mother of all life.The gaia...

From: Tendermint

January 29, 2018

Cosmos SDK Alpha Release

Cosmos-SDK Alpha ReleaseThe highly anticipated alpha release of the Cosmos-SDK is here!View it on GitHub!Basecoin exampleDesign philosophyCosmos-SDK Basics (WIP; help wanted)Construct a Blockchain using the Cosmos-SDKThe Cosmos-SDK is a generic framework that comes with all the tooling to...

From: Tendermint

January 01, 2018

Latest in Cosmos—December Update

December 31, 2017Happy New Year, Cosmonauts!This month’s community update is all about the progress we’ve made on the development front. We’re rolling out communications in higher frequencies at each phase of every release. In particular, we have a lot of technical and...

From: Tendermint

December 14, 2017

Cosmos UI Release

Greetings Cosmonauts!Lots of great software is in the works. You can expect frequent updates from us as we push through each release on our way to launch. Last week, we released the first public alpha of the Cosmos UI.Until now, all interactions with the Cosmos Gaia testnet have been via the...

From: Tendermint

December 13, 2017

Cosmos Fee Token—Introducing the Photon

Separating the Staking Token from the Fee TokenMany of you are familiar with the Atom. It is the native staking token for the Cosmos Hub, where its core utility is used as a means to secure the Cosmos Network and is not intended to be used to pay fees or act as a currency. The Atom should be an...

From: Tendermint

December 09, 2017

Bug Bounty Program for Tendermint & Cosmos

At Tendermint, we believe that security researchers and white hat hackers are a vital part of building strong, resilient cryptocurrency protocols. To preemptively detect and fix bugs/edge cases while actively supporting the work that hackers and researchers do to find them, we are launching the...

From: Tendermint

December 08, 2017

Testnet disruption update

ReportLast night a disruption in testnet Gaia-1 happened. It caused nodes to go down. Cause of the outage is identified and fixed. You can restart your node, it should function properly.What happened1- A bug was identified in the way our validator nodes handled logs. This was an operational...

From: Gautier MARIN

December 03, 2017

Critical Roadmap Announcement—November Update

December 3, 2018Greetings Cosmonauts,As mentioned in our Launch Update, we are behind schedule. Despite pounding through features and specifications these past few months, the software for the Cosmos Hub would not be up to the required security standards to launch before the end of the year....

From: Tendermint

Update on Launch Timeline

Dearest Cosmonauts,We wanted to take a moment to update you on the expected launch date for the Cosmos Hub. In a sister post, we include updates on the state of development and more details about the short-term roadmap.The Cosmos Hub is the initial cornerstone of the Cosmos Network. It is...

From: Tendermint

November 24, 2017

Developer Deep Dive—ETGate, Gateway between Ethereum & Tendermint

One of the most important functionalities of the Cosmos Network is IBC (Inter-Blockchain Communication protocol). It enables individual blockchains to communicate, allowing users to send tokens across zones — such as sending pegged bitcoins to a smart contract on the Ethereum zone. The IBC...

From: Joon

November 23, 2017

A tour of Cosmos for Developers

If you want to develop a decentralized application today, you have multiple choices. Depending on the use case, a decentralized application can be built as a blockchain (application-specific blockchain) or on top of an existing blockchain (e.g. a smart contract on Ethereum). The former option...

From: Gautier MARIN

November 16, 2017

Consensus Compare: Casper vs. Tendermint

The Long Road to Proof-of-StakeFor definitions, see (Primer).The Byzantine General’s Problem was first proposed by Lamport, Shostak, and Pease in 1982. It described the problem of achieving distributed agreement over a compromised communications network — of making “a reliable system...

From: Tendermint

November 02, 2017

Latest in Cosmos—October Update

November 2, 2017Greetings Cosmonauts. Our end-of-the-month community update is two days delayed but better to be fashionably late than never! Here’s a recap of what happened in Cosmos in the month of October.New HiresFabian Weber: Software EngineerFabian is a full-stack JavaScript developer...

From: Tendermint

Understanding the Basics of a Proof-of-Stake Security Model

Devcon3 is fully underway, and despite the development-focused agenda at the conference, a majority of the audience is still befuddled during talks about consensus protocols. We took this as an opportunity to translate the technical jargon into plain English.Consensus BasicsStandard...

From: Tendermint

October 30, 2017

Light Clients on Ethermint

This post is about how you can build very good light clients using Ethermint.Ethermint docs here: http://ethermint.readthedocs.io/en/develop/Ethermint GitHub repo here: https://github.com/tendermint/ethermintIt’s very hard to build light clients on Ethereum because a light client at least must...

From: Tendermint

October 27, 2017

A Beginner’s Guide to Ethermint

Ethermint is the high speed implementation of Ethereum built on top of Tendermint. Part of Tendermint’s goal when we launch Ethermint together with the Cosmos Hub is to give developers the best of both worlds—the full capabilities of writing and executing smart contracts in Ethereum plus all...

From: Tendermint

October 18, 2017

Initializing Proof-of-Stake — Becoming a Part of the Cosmos Validator Working Group

What are Cosmos Validators?RoleValidators are responsible for committing new blocks in the blockchain. These validators participate in the consensus protocol by broadcasting votes which contain cryptographic signatures signed by each validator’s private key. Validators have a cryptographic...

From: Tendermint

October 11, 2017

Light Clients in Tendermint Consensus

Alongside the core consensus engine, we are building a large set of tooling for the Tendermint ecosystem and the Cosmos Network. Since the release of basecoin 0.6 in June 2017, we have a complete and working implementation of our light client protocol, which allows a client to get cryptographic...

From: Ethan Frey