The Cosmos network consists of many independent, parallel blockchains, called zones, each powered by classical Byzantine fault-tolerant (BFT) consensus protocols like Tendermint (already used by platforms like ErisDB). Some zones act as hubs with respect to other zones, allowing many zones to interoperate through a shared hub. The architecture is a more general application of the Bitcoin sidechains concept, using classic BFT and Proof-of-Stake algorithms, instead of Proof-of-Work.Cosmos can interoperate with multiple other applications and cryptocurrencies, something other blockchains can’t do well. By creating a new zone, you can plug any blockchain system into the Cosmos hub and pass tokens back and forth between those zones, without the need for an intermediary.For example, if you wanted to trade bitcoins for ether today, you would have to sell your bitcoins for a fiat currency on an open exchange and then use that fiat currency to buy ether on another exchange. The problem is, many of our exchanges today are plagued by hacks, theft, and cons. Two prime examples are what happened at Mt. Gox and more recently Bitfinex.

Cosmos Hub

Binance

DigiFinex

MEXC

LBank

Bybit

Coinbase Exchange

FMCPAY

Biconomy.com

KuCoin

CoinW

WhiteBIT

OrangeX

AscendEX (BitMax)

Gate

CoinTR

XT.COM

BYDFi

Hibt

Hotcoin

Trubit

Tapbit

Bitazza

CoinEx

Bittime

Bitrue

PointPay

BitDelta

bitcastle

Osmosis

BitMart

Tothemoon

BigONE

Kinetix V3

WAGMI (Kava)

GMO Japan

Crypto.com Exchange

Binance US

Canto Dex

Toobit

Bitget

Bitunix

Poloniex

FameEX

Kraken

BingX

GroveX

Pionex

TokoCrypto

Nami Exchange

KCEX

Fastex

CEX.IO

Bit2Me

Phemex

Helix

BTSE

FMFW.io

WEEX

BVOX

Bitso

CoinCatch

WOO X

Bitvavo