Cosmos Casino Guide of 2023

I only list casinos that allow you to play with Cosmos. Some Cosmos casinos will convert it to their internal currency at deposit and then back to ATOM at withdrawal. If this is the case, the casino does so for all currencies and not just for ATOM, it’s simply the way they operate.

You can play almost all games with Cosmos just as you would with Bitcoin, for example. Some game providers have certain restrictions in regard to which coins can be used for playing their games. But if a casino offers the option to play with Cosmos, then they also have a large collection of Cosmos games available, whether you prefer Cosmos slots, poker, roulette, blackjack, or some other table game or live game.

So pick your favorite casino, deposit your Cosmos and

May the odds be ever in your favor!

Cosmos is a rapidly expanding ecosystem of independent interconnected blockchains built using developer-friendly application components and connected with ground-breaking IBC protocol.

ATOM is a token and is used as a currency within the Cosmos ecosystem. The token can also be used for staking. The stakers help validate the processes and add to the blockchain’s security. The more tokens you stake the more valuable your vote is.

ATOM has a very specific total supply — 260,906,513, with around 200 million in circulation. ATOM is earned through staking and not by mining.

Breaking down the token distribution, about 80% was allocated to investors, while the remaining 20% was split between two companies.

1. Decentralization: Cosmos is a decentralized ecosystem of independent parallel blockchains, each powered by BFT consensus algorithms like Tendermint consensus. Holders can lock in or “stake” their ATOM tokens to take part in validating transactions on the blockchain.
2. Safety: Interchain Security allows the Cosmos Hub to be in charge of producing blocks for a consumer chain. This is done by enabling its validators to run two nodes—one for the Cosmos Hub and one for the consumer chain. To participate in the consumer chains, validators are required to stake ATOM tokens.
3. Scalability: Cosmos will offer excellent vertical scalability at launch, which will be a significant improvement over current blockchain solutions in and of itself. Later, after the completion of the IBC module, horizontal scalability solutions will be implemented.

The transaction fee system of Cosmos Hub is actually quite simple. Cosmos Hub, like Ethereum, has a similar gas system. On a blockchain, gas is used to read and write state, and perform logic, and users will use the maximum amount of gas when sending transactions. Gas, therefore, indicates how much burden this transaction has given the blockchain.

The transaction fee will pay for the gas required for the transaction. Also, there is a gas price which shows how much 1 gas costs. The total fee will equal (Gas * Gas Price). The minimum gas price is set by each validator of the network. Validators will evaluate their profit, stability of the blockchain, and relevant factors to set the lowest, but acceptable gas price, and only the transactions with gas prices beyond the set value will be included in the block.

Cosmos users pay a small transaction fee in ATOM tokens equivalent to around 0.01 $.

In recent times, many projects have emerged on Cosmos, intending to expand the utility of NFTs. Cosmos is the first blockchain to test the interoperability of NFTs.

OmniFlix Network, assetMantle, Stargaze, Strange Clan, Passage3D, Pylons, and Secret Network NFTs are some trending projects in the Cosmos ecosystem. The Secret Network NFTs strike more interest in all the projects mentioned above. Artists and collectors will be able to hide the metadata of their collections, ensuring privacy— something that is impossible on public blockchains.