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Cosmos ATOM - Smart Money Concepts Analysis
Smart Money Concepts was new trading method was developed from traditional Supply & Demand strategy after removing weak market conditional. SMC also can support to trade with traditional Supply & Demand created nice strategy to understand total movement of market.
Atom (ATOM) is the main cryptocurrency existing on top of the Cosmos platform which is designed to facilitate communication, scaling and interoperation between independent chains.
Cosmos (ATOM) is a cryptocurrency that powers an ecosystem of blockchains designed to scale and interoperate with each other. The team aims to "create an Internet of Blockchains, a network of blockchains able to communicate with each other in a decentralized way." Cosmos is a proof-of-stake chain. ATOM holders can stake their tokens in order to maintain the network and receive more ATOM as a reward.
The Cosmos (ATOM) network is an ecosystem of blockchains that can scale and interoperate. Cosmos seeks to create an Internet of Blockchains through which blockchains can maintain sovereignty, interact with other blockchains in the ecosystem, and process transactions quickly–making it optimal for multiple use cases. The network functions using BFT consensus algorithms along with Tendermint consensus, which is used to power each blockchain in the Cosmos. Tendermint BFT is a proof-of-stake consensus protocol that powers the Cosmos Hub and the Cosmos SDK (software development kit). BFT (Byzantine fault tolerance) is a consensus algorithm of a distributed network that reaches consensus even when some of the network’s nodes respond with incorrect information or fail to respond.
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#cosmos #atom #Blockchain #crypto #cryptocurrency #eth #btc #ethereum #bitcoin #internetofthings #smc #smartmoneyconcepts #cryptotrading #bybit #binance #bnb #binancesmartchain #ethereumlayer2 #eth2 #ict #innercircletrader #fx #forex #elliotwave #trendanalysis #priceaction #marketstructure #dowtheory #equilibrium #economics #macroeconomics #marketanalysis #cpi #inflation #fomc #caseshillerpriceindex #usd #dxy #spx #spy #dja #supplyanddemand #supportandresistance #breakofstructure #changeofcharachter #fairvaluegap #svg
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