Summary
This prediction ended on 29.06.21 with a price of €10.34. The BUY prediction by michaelkr finished with a performance of 3.37%. michaelkr has 50% into this predictionCosmos is a decentralized blockchain platform that allows for the creation of interconnected and interoperable blockchain ecosystems. Its main application is to serve as the foundation for developers to create their own blockchain networks and bring them into the larger Cosmos ecosystem.
Cosmos works through a proof-of-stake consensus mechanism and utilizes a layer of governance called the Cosmos Hub, which acts as a mediator for the different zones or blockchain networks that are created within the ecosystem. This allows for seamless communication and transactions between the different blockchains, promoting greater scalability and flexibility for developers.
Some of the main applications of Cosmos include developing decentralized finance (DeFi) protocols, creating custom digital assets on specialized blockchains, and building decentralized applications (dApps) that can be used across multiple blockchains.
Overall, Cosmos offers a unique solution to the growing problem of interconnectivity and scalability within the blockchain industry. It provides developers with a flexible and powerful platform to build their own blockchain networks, while also promoting greater collaboration and cross-chain communication within the larger blockchain ecosystem.
Performance without dividends (%)
| Name | 1w | 1m | 1y |
|---|---|---|---|
| Cosmos | -0.741% | -0.741% | -20.345% |
| iShares Core DAX® | 4.094% | 3.543% | 17.404% |
| iShares Nasdaq 100 | 1.424% | 0.512% | 39.212% |
| iShares Nikkei 225® | -1.572% | -4.633% | 15.731% |
| iShares S&P 500 | 1.822% | 0.963% | 30.396% |
Comments by michaelkr for this prediction
In the thread Cosmos diskutieren