Cosmos Hub (ATOM)

-0.18 %

Market Cap

The total market value of a cryptocurrency's circulating supply. It is analogous to the free-float capitalization in the stock market.

Market Cap = Current Price x Circulating Supply.

24 Hour Trading Vol

A measure of how much of a cryptocurrency was traded in the last 24 hours.

479993468>
Fully Diluted Valuation

The market cap if the max supply was in circulation.

Fully-diluted market cap (FDMC) = price x max supply. If max supply is null, FDMC = price x total supply. if max supply and total supply are infinite or not available, fully-diluted market cap shows - -.

4096206296>T
Circulating

The amount of coins that are circulating in the market and are in public hands. It is analogous to the flowing shares in the stock market.

292,586,164.00
Total Supply

The amount of coins that have been already created, minus any coins that have been burned. It is analogous to the outstanding shares in the stock market.

If this data has not been submitted by the project or verified by the CMC team, total supply shows - -.

0.00
Max Supply

The maximum amount of coins that will ever exist in the lifetime of the cryptocurrency. It is analogous to the fully diluted shares in the stock market.

If this data has not been submitted by the project or verified by the CMC team, max supply shows - -.

0.00
Week Month Year All Time
High

Jan 20 2023

12.09660360111
23.01%

Jan 15 2023

12.918421488586
15.18%

Mar 04 2022

34.13387946727
-56.41%

Jan 17 2022

-66.53%
Low

Jan 20 2023

12.09660360111
23.01%

Jan 03 2023

9.798295415956
51.86%

Jun 19 2022

6.096081796852
144.09%

Mar 13 2020

1,182.46%
For Detailed Research of Cosmos Hub - Visit - Cosmos Hub (ATOM)

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Cosmos Hub
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Coin Info

The Cosmos network is made up of several zones, which are autonomous, parallel blockchains that are all powered by Tendermint and other traditional Byzantine fault-tolerant (BFT) consensus systems (already used by platforms like ErisDB). Some zones serve as hubs for other zones, allowing several zones to communicate via a common hub.

The architecture is a more generic implementation of the Bitcoin sidechains concept, employing standard BFT and Proof-of-Stake algorithms rather than Proof-of-Work. Cosmos can communicate with a wide range of different apps and coins, whereas other blockchains cannot. By adding a new zone, you may connect any blockchain system to the Cosmos hub and transfer tokens between them without the use of a middleman.

While the Cosmos Hub is a multi-asset distributed ledger, it does include a unique native token known as the atom. Atoms may be used for three things: spam protection, staking tokens, and voting in governance. As a spam protection tool, Atoms are utilized to pay fees. Similar to Ethereum's idea of "gas," the fee may be proportionate to the amount of processing performed by the transaction. Fee distribution is carried out in-protocol, and the protocol definition is presented here. Atoms can be "bonded" as staking tokens to get block rewards. The quantity of Atoms staked determines the financial stability of the Cosmos Hub. The cost of hacking the network increases when more Atoms are collateralized since more "skin" is at risk. Thus, the more Atoms that are joined, the higher the network's economic security. Atom holders can manage the Cosmos Hub by voting on ideas with their staked Atoms.

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