What is Cosmos (ATOM) and How Does it Work?

Cosmos (ATOM) is a decentralized network of independent parallel blockchains, each powered by the Cosmos-SDK, a software development kit for building blockchain applications. The goal of Cosmos is to create an ecosystem of interconnected blockchains that can scale and interoperate with each other, allowing for the transfer of assets and data between different chains. The native token of the Cosmos network is ATOM, which is used to pay transaction fees and participate in governance decisions on the network. The Cosmos…