Cosmos current price is $4.210.

Cosmos current price is $4.210.

Cosmos current price is $4.210 with a marketcap of $1.00 B. Its price is 1.21% up in last 24 hours.

Buy / Sell Cosmos
  • cosmos
    Cosmos (ATOM)
  • Live Price
  • 24h %
  • Market Cap
    $1.00 B
  • Volume
    $264.03 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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Twitter News Feed

On the topic of #DeFi in Cosmos:

A thought piece by @bond_dog51 on distribution curves, a new cryptoeconomic primitive designed to modify behavior in bonding curves

It explores equilibriums & design. Things get interesting when factoring in staking 🥩


Cosmos Unchained is closing out its season finale with a bang 💥🧨

Join @ErikVoorhees, @SBF_Alameda, @zhusu, @chjango and @sunnya97 for a CeFi vs DeFi party 🥳🎈🎉

🗓️ Wednesday, Sept 23 11pm UTC

Party on, Garth 🤘

🔭 Keplr v0.6.4 Release Note 🔭

✨ You can now stake + send @heystraightedge $STR tokens on Keplr!
✨ Fixed a bug which Ledger Nano X on Windows couldn't connect to Keplr

📬 Coming to your nearest browser in the next 24 hours!

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