Stake Cosmos

ATOM Price Live Data

The live Cosmos price today is $ 10.01 usd with a 24-hour trading volume of $360 538 734 usd. We update our ATOM to usd price in real-time. Cosmos is down -1.88% in the last 24 hours. The current coinmarketcap ranking is #49, with a live market cap of $3 910 602 629 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 old style Byzantine shortcoming open minded (BFT) agreement conventions like Tendermint (currently utilized by stages like ErisDB). A few zones go about as centers as for different zones, permitting a large number to interoperate through a common center point. 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 numerous different applications and cryptographic forms of money, something other blockchains can’t get along nicely. By making another zone, you can plug any blockchain framework into the Cosmos center point and pass tokens this way and that between those zones, without the requirement for an intermediary.

While the Cosmos Hub is a multi-resource circulated record, there is a unique local token called the iota. Molecules have three use cases: as a spam-avoidance component, as marking tokens, and as a democratic instrument in governance.

As a spam anticipation system, Atoms are utilized to pay charges. The expense might be relative to how much calculation expected by the exchange, like Ethereum’s idea of “gas”. Expense dissemination is done in-convention and a convention particular is depicted here.

As marking tokens, Atoms can be “bonded” to acquire block rewards. The financial 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. In this manner, the more Atoms there are fortified, the more prominent the monetary security of the network.

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