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Cosmos is a blockchain platform designed to enable interoperability between independent blockchains, allowing them to communicate and exchange value through its Inter-Blockchain Communication (IBC) protocol. It uses a delegated proof-of-stake consensus mechanism with ATOM as its native token, which holders can stake to participate in network governance and earn rewards. What sets Cosmos apart is its modular architecture and the Cosmos SDK, which allow developers to easily build custom blockchains that can seamlessly connect to the broader Cosmos ecosystem, creating an "internet of blockchains."