Consensus protocol


How does Cosmos work? How does it compare to Bitcoin and Ethereum? (Pt. 1)

The crypto industry never really rests. It all started with the launch of Bitcoin in 2010. When it first came out, everyone thought Bitcoin was the holy grail of digital currencies. What was once believed to be impossible was now real: The first ever peer-to-peer (P2P) payments network. Even today, trust in anything remains the most elusive and rarest asset. Bitcoin circumvented this by creating the first-ever “trustless” system. But this was just the beginning. Since then, Bitcoin has become the catalyst for a much broader movement of crypto innovation. This has resulted in an array of new decentralized systems and financial primitives: Ethereum, Lightning Network, EOS, Tezos, Maker... The list is now endless. But one stands out from the rest: Cosmos.