CosmosATOM

ATOM is the native cryptocurrency of the Cosmos Hub, the project's flagship blockchain. It's primarily used to secure the network through staking and also for governance.

Price History
$0.00
Vol0.00ATOM
1D
1W
1M
1Y
MAX
Market Info
Market Cap
$3,917,505,118
Diluted Market Cap
$3,917,505,118
Vol 24h
$20,776,074
Vol / Market Cap
0.0053
24h Change
1.69%
1h Change
1.53%
24h High
$12.62
24h Low
$11.83
Latest Block
12,300,746
Block Reward
-
Hashes Per Second
-
Circulating Supply
310,913,105
Max Supply
Uncapped
Consensus
Proof of Stake
Algorithm
-
Genesis Block Date
2016-09-03
Data provided by CryptoCompare
About

A brief history
Cosmos is based on the consensus protocol, Tendermint, which was created by Jae Kwon in 2014. Cosmos is a decentralized ecosystem of blockchains that aims to make it easy for developers to build separate blockchains that can interact with each other as an "internet of blockchains." Cosmos is seen as most similar to the Polkadot project, which also seeks to create an ecosystem of interoperable blockchain networks. However, unlike Polkadot, Cosmos prioritizes the sovereignty of independent blockchains, meaning they must secure themselves, have their own governance, and run their own validators. Cosmos achieves this through a network of independent blockchains called 'zones' which connect to the main blockchain called the Cosmos Hub via the Inter-Blockchain Communication protocol (IBC)- a mechanism that enables information to travel freely and securely between each connected zone. The hub monitors the state of each zone and maintains a record of the states while the zones do the same for the hub.

ATOM in practice
The ATOM token plays a key role in maintaining interoperability between all zones in the wider Cosmos network and can be used for holding, spending, sending or staking. As such, the value of ATOM is tied to the number of blockchains that are built within the network that relies on the Cosmos Hub to maintain their transaction histories. Cosmos operates on a proof-of-stake consensus mechanism, meaning that ATOM holders are able to earn a share of the network’s block rewards and transaction fees through staking. Users can do so by either running their own validator node or by delegating their ATOM coins to a validator. Validators stake their ATOM tokens and run specialized software, which maintains the Cosmos network by proposing new blocks and validating transactions. Holders can also choose to delegate their ATOM coins to validators instead of running the validator software themselves, which still allows them to receive a portion of the rewards for staking.

Project Links
Documents
Whitepaper
Please verify all project links, data may change over time. Be vigilant of scams interpreting official projects.
ROI
USD
ETH
BTC
6H
0.80%
-0.44%
-0.14%
1D
4.92%
1.62%
2.94%
1W
-9.56%
-8.17%
-10.45%
1M
-0.40%
17.83%
1.79%
6M
-53.27%
12.56%
4.10%
1Y
-67.55%
-15.86%
-19.43%
3Y
400.20%
-33.08%
105.52%
USD
ATOM

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