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

Coinbase Exchange

KuCoin

Bybit

Gate

MEXC

DigiFinex

Kraken

Bitget

Ourbit

CoinW

Bitunix

XT.COM

BitMart

LBank

BingX

Pionex

WhiteBIT

KCEX

Toobit

BVOX

WEEX

Phemex

OrangeX

Hibt

Helix

Osmosis

GroveX

Bitbaby

Hotcoin

LeveX

Tapbit

BYDFi

Deepcoin

Bit2Me

Biconomy.com

BTCC

Crypto.com Exchange

BTSE

Bitcointry

Poloniex

Bitso

Bitrue

Astroport (Neutron)

Bitfinex

bitcastle

Bitvavo

BloFin

CoinTR

EXMO

CoinEx

Bybit EU

Nami Exchange

VVS Finance

BitDelta

Gemini

CEX.IO

LATOKEN

FMFW.io

FameEX

Trubit

Dex-Trade

PointPay

Byte Exchange

CoinUp.io

Bittime

Gate US