Can I add Cosmos to a Metamask Wallet?
Unfortunately, Metamask does not support the Cosmos blockchain and Cosmos-based applications on their wallet. This is because the MetaMask Wallet only supports networks that are built using the Ethereum Virtual Machine (EVM), and are subsequently EVM-compatible.
Cosmos is built using the Tendermint SDK and blockchain, which is not currently compatible with the EVM and is therefore not supported by Metamask.
Best Cosmos Wallet Alternative to Metamask
The best alternative wallet for the Cosmos blockchain and Cosmos applications is the Cosmostation Wallet. This is an online wallet that has similar functionality to Metamask, however, it supports the Cosmos blockchain and all of the DeFi and NFTs on the Cosmos network.
Cosmostation is a secure and trusted wallet that is officially backed by the Cosmos team and is referenced as one of the best wallets on their website.
Cosmos DeFi Projects
Once you finish installing your Cosmos wallet to your web-browser, you may want to check out some of the most popular DeFi projects being built on the network. Some of the most popular DeFi and NFT applications on Cosmos includes:
- Kava (DeFi Lending and Borrowing)
- Osmosis (DeFi DEX)
- EVMOS (EVM-compatible Cosmos network)
- Uptick (Cosmos NFT Marketplace)
About Cosmos Network
Cosmos is a decentralized network of independent blockchains, each powered by BFT-consensus algorithms like Tendermint. The Cosmos Hub is the first blockchain in the Cosmos Network and it functions as the central relay to which all other participating blockchains can connect. By connecting disparate blockchains together, Cosmos hopes to solve several of the most pressing issues facing the cryptocurrency industry today including scalability, usability, and interoperability.
Tendermint is the consensus engine that powers Cosmos. It is a Byzantine Fault Tolerant (BFT) state machine replication engine that can be used to build blockchains. Tendermint Core consists of two main components: a networking layer and a consensus layer. The networking layer is responsible for peer-to-peer communication and the consensus layer ensures that all network nodes agree on the current state of the blockchain.
Cosmos's Interchain Communication Protocol (IBC) is a protocol that allows different blockchains to communicate with each other. IBC enables token transfers between blockchains as well as a relay of other messages such as smart contract calls.
Cosmos was founded in 2014 by Jae Kwon and Ethan Buchman. The project raised over $17 million in an ICO in 2017. Cosmos is backed by some of the most prominent names in the cryptocurrency industry including Coinbase, Binance, OKEx, and Bitmain.