Cosmos Network Now Has Nearly 100 Validators, 6-7 Second Block Times

After the recent launch of the Cosmos Hub, a highly anticipated proof-of-stake (PoS)-based network that primarily aims to facilitate blockchain interoperability, or communication between independent chains, the platform’s developers have released some important updates. Although transfers involving ATOM, Cosmos’ native token, have not yet been enabled, more than 50% of the ATOMs in circulation “are now bonded to just under 100 validators.” This, according to a blog post published on April 5th by “Chjango Unchained,” a Medium account operated by head of communications at Tendermint (an organization involved in the development of Cosmos).