Will Stargaze merge with Cosmos and become an NFT powerhouse? What will happen to the $STARS token? Don’t miss this video!
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🔗Stargaze Official: https://www.stargaze.zone/
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What is COSMOS?
Cosmos is a blockchain ecosystem designed to solve the interoperability challenge. It features a central hub, known as the Cosmos Hub, which connects numerous independent blockchains, or “zones,” allowing them to communicate and transfer assets securely using the Inter-Blockchain Communication (IBC) protocol. The native cryptocurrency, ATOM, plays a crucial role in governance, staking, and transaction fees within the network.
What is STARGAZE?
Stargaze is a decentralized NFT marketplace in the Cosmos ecosystem, offering low-cost, efficient NFT trading with community governance via $STARS tokens. It supports various NFT types including art and gaming items, with features like live auctions. Stargaze leverages Cosmos’ interoperability for a scalable, interconnected NFT platform.
What is PROOF OF STAKE?
Proof of Stake (PoS) is a blockchain consensus mechanism that secures networks by requiring validators to stake cryptocurrency. Unlike Proof of Work, PoS is energy-efficient, using staked tokens to validate transactions and create new blocks. It enhances scalability, lowers environmental impact, and rewards participants with staking incentives. Popular PoS blockchains like Ethereum, Cardano, and Solana drive Web3 adoption with this eco-friendly system.