Cosmos current price is $5.830.

Cosmos current price is $5.830.

Cosmos current price is $5.830 with a marketcap of $1.39 B. Its price is 4.33% up in last 24 hours.

Buy / Sell Cosmos
  • cosmos
    Cosmos (ATOM)
  • Live Price
  • 24h %
  • Market Cap
    $1.39 B
  • Volume
    $340.00 M
  • Available Supply
    238.53 M ATOM
  • Rank

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10 Cosmos (ATOM)

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More Info About Coin

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”. Fee distribution is done in-protocol and a protocol specification is described here. As staking tokens, Atoms can be “bonded” in order to earn block rewards. The economic security of the Cosmos Hub is a function of the amount of Atoms staked. The more Atoms that are collateralized, the more “skin” there is at stake and the higher the cost of attacking the network. Thus, the more Atoms 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 Atoms.

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🎙 http://Interchain.FM: Ethermint

This Wed, tune in a new http://Interchain.FM episode to find out what's @ethermint's current development and what comes next.
⭐️ Guests: Aidan Hyman & Colin Schwarz @ChainSafeth
🗓 Nov 25th, 12:30pm EST
🎥 Join

@cosmos @cosmoshub @cosmosvalidator @stakebird @publicawesome_ Liftoff! 🚀

"Vote{89:F2A24F40C6A6 3924407/00/SIGNED_MSG_TYPE_PREVOTE(Prevote) 000000000000 31CB09F6EF42 @ 2020-11-22T02:15:36.291254902Z}"

@cosmos @cosmoshub @cosmosvalidator "Vote{86:25A9D452D35F 3924407/00/SIGNED_MSG_TYPE_PREVOTE(Prevote) 6677DA2E2DFA 6E99706F08B6 @ 2020-11-22T19:37:03.406629082Z}"

@cosmos @cosmoshub @cosmosvalidator We @Figment_io are up! {11:2705E2D4D6CC 3924407/00/SIGNED_MSG_TYPE_PREVOTE(Prevote) 6677DA2E2DFA CAA8D8C5F1F3 @ 2020-11-22T16:32:10.395759283Z}",

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