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Cosmos (ATOM)

What is the Cosmos Hub?​

Here are five key points about the Cosmos Hub:

Cosmos Hub is the central blockchain within the Cosmos ecosystem, designed to link independent blockchains (called zones) through its hub-and-zone architecture.

It uses the Inter-Blockchain Communication (IBC) protocol to enable secure, trustless asset transfers and communication between connected chains.

The network is secured by a Proof of Stake (PoS) consensus mechanism, where validators stake ATOM to produce blocks and maintain the chain.

ATOM, the native token of the Cosmos Hub, is used for staking, governance, and transaction fees.

Token holders play an active role in governance by voting on proposals to upgrade and shape the future of the network.

Tip: Learn more by reading our guide: What is the Cosmos blockchain?

Cosmos on Wraith Wallet​

Wraith Wallet supports Cosmos and provides the following features:

Buy Cosmos (ATOM) with debit or credit cards.

Store ATOM securely with full self-custody.

Send and receive ATOM easily.

Stake ATOM directly to earn staking rewards.

Receiving ATOM​

Tap Receive in Wraith Wallet and select ATOM.

Copy your unique Cosmos address to share with the sender.

Memo is not required when receiving ATOM in Wraith Wallet.

Sending ATOM​

Tap Send in Wraith Wallet.

Enter the recipient’s Cosmos address or scan their QR code.

Input the amount of ATOM to send.

Ensure you have enough ATOM to cover network fees.

Confirm the transaction.

Transaction fees on Cosmos​

Fees on Cosmos are paid in ATOM.

Validators may also take a commission on staking rewards.

Governance proposals require a small ATOM fee to be submitted.

Fees vary depending on transaction type, with swaps and governance costing more than basic transfers.

Checking balances​

Wraith Wallet connects directly to the Cosmos Hub to display your ATOM balance.

Tap the three dots in the wallet and select View address on MintScan.

MintScan is the default blockchain explorer for Cosmos in Wraith Wallet.

Why use Wraith Wallet for Cosmos?​

Staking made easy: Earn rewards by staking ATOM directly in-app.

Secure and open-source: Self-custodial control with encrypted private keys and biometric authentication.

Seamless management: Buy, send, receive, and govern using one intuitive wallet.

Conclusion Cosmos Hub (ATOM) connects blockchains into an interoperable ecosystem using IBC. With Wraith Wallet, you can manage your ATOM securely, stake for rewards, and participate in the Cosmos governance process with ease.

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