Exchange Cosmos

ATOM Price Live Data

The live Cosmos price today is $ 8.53 usd with a 24-hour trading volume of $336 845 844 usd. We update our ATOM to usd price in real-time. Cosmos is down -3.54% in the last 24 hours. The current coinmarketcap ranking is #54, with a live market cap of $3 335 732 678 usd. It has a circulating supply of 390 688 370 ATOM coins and the max. Supply of 390 930 035 ATOM coins.

What Is Cosmos (ATOM)?

The Cosmos network comprises of numerous autonomous, equal blockchains, called zones, each fueled by traditional Byzantine issue open minded (BFT) agreement conventions like Tendermint (currently utilized by stages like ErisDB). A few zones go about as centers concerning different zones, permitting a huge number to interoperate through a common center. The design is a more broad use of the Bitcoin sidechains idea, utilizing exemplary BFT and Proof-of-Stake calculations, rather than Proof-of-Work.Cosmos can interoperate with various different applications and digital currencies, something other blockchains can’t get along admirably. By making another zone, you can plug any blockchain framework into the Cosmos center and pass tokens this way and that between those zones, without the requirement for an intermediary.

While the Cosmos Hub is a multi-resource disseminated record, there is an exceptional local token called the molecule. Particles have three use cases: as a spam-avoidance system, as marking tokens, and as a democratic instrument in governance.

As a spam counteraction component, Atoms are utilized to pay charges. The charge might be relative to how much calculation expected by the exchange, like Ethereum’s idea of “gas”. Charge conveyance is done in-convention and a convention particular is portrayed here.

As marking tokens, Atoms can be “bonded” to acquire block rewards. The monetary security of the Cosmos Hub is a component of how much Atoms marked. The more Atoms that are collateralized, the more “skin” there is in question and the higher the expense of going after the organization. Subsequently, the more Atoms there are reinforced, the more prominent the financial security of the network.

Atom holders might oversee the Cosmos Hub by deciding on recommendations with their marked Atoms.