cosmos Cosmos Hub (ATOM)

$26.30
-2.59% (24H)
Watch
Market CapVolumeAvailable Supply
$7.69 B $325.98 M292.52 M ATOM

Cosmos Hub current price is $26.30 with a marketcap of $7.69 B. Its price is -2.59% down in last 24 hours.

Check Live Cosmos Price Today

Check out live prices and charts for the best cryptocurrencies including Cosmos Price with Coinsurges.The Cosmos network consists of many independent, parallel blockchains, called zones, each powered by classical Byzantine fault-tolerant (BFT) consensus protocols like Tendermint (already used by platforms like ErisDB). Some zones act as hubs with respect to other zones, allowing many zones to interoperate through a shared hub. The architecture is a more general application of the Bitcoin sidechains concept, using classic BFT and Proof-of-Stake algorithms, instead of Proof-of-Work.Cosmos can interoperate with multiple other applications and cryptocurrencies, something other blockchains can’t do well. By creating a new zone, you can plug any blockchain system into the Cosmos hub and pass tokens back and forth between those zones, without the need for an intermediary.While the Cosmos Hub is a multi-asset distributed ledger, there is a special native token called the atom. Atoms have three use cases: as a spam-prevention mechanism, as staking tokens, and as a voting mechanism in governance. As a spam prevention mechanism, Atoms are used to pay fees. The fee may be proportional to the amount of computation required by the transaction, similar to Ethereum’s concept of “gas”.

Convert and Check ATOM to USD live Price and News

Check and Compare crypto prices and ranking, trade volume for the best cryptocurrencies in the market. Check prices for Bitcoin Price, Ethereum Price, XRP Price, Cardano PRICE Today, Solana Price today and Shiba Inu Price.


Loading Data
Please wait, we are loading chart data
Date Price Volume MarketCap
# Exchange Pair Price Volume (24h) Updated
Loading facebook comment(s)