Cosmos Hub ATOM Live Price Today

The Cosmos network consists of many independent, parallel blockchains, called zones, each powered by classical Byzantine fault-tolerant (BFT) consensus protocols like Tendermint. Some zones act as hubs with respect to other zones, allowing many zones to interoperate through a shared hub. The architecture uses 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. ATOM have three use cases: as a spam-prevention mechanism, as staking tokens, and as a voting mechanism in governance. As a spam prevention mechanism, ATOM 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”. Fee distribution is done in-protocol and a protocol specification is described here. As staking tokens, ATOM can be “bonded” in order to earn block rewards. The economic security of the Cosmos Hub is a function of the amount of ATOM staked. The more ATOM that are collateralized, the more “skin” there is at stake and the higher the cost of attacking the network. Thus, the more ATOM there are bonded, the greater the economic security of the network. Atom holders may govern the Cosmos Hub by voting on proposals with their staked ATOM.

Cosmos Hub is ranked #75 by market capitalization. Currently the ATOM market cap exceeds 12,9K+ Bitcoin. By market capitalization it is ranked #75. Daily trade volume is 277.465 BTC.

The Cosmos Hub price today in BTC is 0.00002488. Through the Cosmos Hub price history, the price ranges from 0.00165424 BTC (all time high) to 0.0000211 BTC (all time low). Cosmos Hub price last 24 hours fluctuated from 0.00002508 BTC (24h high) to 0.00002467 BTC (24h low).

Check the Cosmos Hub value today and exchange rates with more than 15 cryptocurrencies and fiat currencies including USD EUR GBP CNY JPY BRL RUB UAH INR CZK VND TRY CHF SEK BTC ETH BNB

Homepage: http://cosmos.network/

Block explorers: https://www.mintscan.io/cosmos https://atomscan.com/ https://bscscan.com/token/0x0eb3a705fc54725037cc9e008bdede697f62f335 https://explorer.energi.network/token/0xd821db2439ecf24e5a623079c783e951646da449 https://evm.explorer.canto.io/token/0xeceeefcee421d8062ef8d6b4d814efe4dc898265 https://evm.evmos.org/token/0xc5e00d3b04563950941f7137b5afa3a534f0d6d6 https://atom.tokenview.io/en https://binplorer.com/address/0x0eb3a705fc54725037cc9e008bdede697f62f335

Forums: https://forum.cosmos.network/

Reddit: https://www.reddit.com/r/cosmosnetwork

Twitter: https://twitter.com/cosmos/