According to a new development, the Cosmos (ATOM) chain, one of the most popular layer-1 blockchains, has shared a post stating that it will be making a big announcement.
In the post, the developers asked the crypto community to “be prepared for something big.” In addition, a message was added that said, “soon.”
The post also included an image suggesting that this announcement might be linked to an Appchain launch platform called “Forge”.
So what is Appchain? AppChains, or application-specific blockchains, are designed to meet the unique requirements of a specific use case or business need. Unlike general-purpose blockchains, AppChains are optimized for specific functions and strive for more efficient processing, less congestion, and lower transaction costs.
AppChains offer an agile and targeted approach built for the exact needs of the protocol they were created for, aiming for more efficient processing, less congestion, and lower transaction costs.
*This is not investment advice.
