Cosmos

Halal Rating :
Comfortable
Last Price $8.32 Last updated:
Rank 31
1D Change -1.60 %
Market Cap $3.25b
Circulating supply 390,930,671
Maximum supply None

Crypto Overview

Categories
  • Platform
  • Cosmos Ecosystem
  • Content Creation
  • Interoperability
  • Polychain Capital Portfolio
  • DragonFly Capital Portfolio
  • Hashkey Capital Portfolio
  • 1Confirmation Portfolio
  • Paradigm Portfolio
  • Exnetwork Capital Portfolio
  • Injective Ecosystem
  • SEC Security Token

Cosmos is a decentralized network of independent parallel blockchains, each powered by BFT consensus algorithms like Tendermint consensus.
In other words, Cosmos is an ecosystem of blockchains that can scale and interoperate with each other. Before Cosmos, blockchains were siloed and unable to communicate with each other. They were hard to build and could only handle a small amount of transactions per second. Cosmos solves these problems with a new technical vision. In order to understand this vision we need to go back to the fundamentals of blockchain technology.

Crypto Impact

To assign a comfort level investing in Cosmos from a halal perspective we need to determine whether it has a net positive or negative impact.

Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Cosmos.

If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.

We will review your contribution for accuracy before publication.

Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.

You only have one vote per asset so use it wisely.

You can change your vote if you change your mind.

Justification for our Halal Rating