L1 platforms

Cosmos vs MultiversX

Cosmos (ATOM) and MultiversX (EGLD) both sit in the l1 platforms category, so they compete for the same slot in a portfolio. Cosmos launched in 2019, 1 year before MultiversX. Cosmos uses Proof of Stake (Tendermint) and MultiversX uses Secure Proof of Stake. This page compares what can actually be verified about each protocol — nobody can tell you which will be worth more, and this page does not try to.

Cryptocurrencies are a highly volatile asset class without the protections of regulated funds: you can lose your entire investment. This comparison is educational content about the technical characteristics of two protocols, not a buy recommendation or a price forecast.

Head to head

Verifiable data for each protocol. Price and performance are deliberately left out: they change daily and cannot be derived from technical specs.

CosmosMultiversX
SymbolATOMEGLD
Launched20192020
ConsensusProof of Stake (Tendermint)Secure Proof of Stake
Max supply31,4M
CategoryL1 platformsL1 platforms

This table does not say which one is "better". It says how they differ, which is the only thing that can be stated without guessing.

Cosmos

ATOM

"The internet of blockchains": a standard (IBC) that lets sovereign chains talk to each other.

MultiversX

EGLD

Formerly Elrond: a chain with adaptive sharding focused on payments and consumer apps.

Frequently asked questions

What is the difference between Cosmos and MultiversX?+

Cosmos (ATOM) launched in 2019, uses Proof of Stake (Tendermint) and has a maximum supply of ∞. MultiversX (EGLD) launched in 2020, uses Secure Proof of Stake and has a maximum supply of 31,4M. Beyond the numbers, they were built for different purposes — see the description of each below.

Which one will be worth more?+

Nobody knows, and anyone telling you otherwise is guessing. Crypto prices depend on adoption, regulation, liquidity and sentiment, none of which can be forecast from a protocol's specs. This page deliberately compares only what is verifiable today.

Which has the scarcer supply?+

MultiversX has a hard cap (31,4M) while Cosmos does not (∞). A cap limits future issuance, though it tells you nothing about demand.

Do they use the same technology?+

No: Cosmos uses Proof of Stake (Tendermint) and MultiversX uses Secure Proof of Stake. The consensus mechanism affects energy use, how the network is secured and how new coins enter circulation.

Should I hold both?+

That is a question about your risk tolerance, not about these two protocols. Crypto is a volatile asset class where you can lose your entire investment, and holding two coins in the same category adds far less diversification than it looks — they tend to move together. This is educational content, not a recommendation.