19.3 C
18 August 2022

Cosmos Hub current price is €11.720.


Cosmos Hub current price is €11.720 with a marketcap of €3.43 B. Its price is 2.85% up in last 24 hours.

  • cosmos
    Cosmos Hub (ATOM)
  • Live Price
  • 24h %
  • Market Cap
    €3.43 B
  • Volume
    €367.88 M
  • Available Supply
    292.59 M ATOM
  • Rank

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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.

Historical Data

Date Price Volume MarketCap

Twitter News Feed

⚛️🏛Cosmos Gov⚛️🏛
Proposal #75

#Cosmonauts, the voting for #Prop75 is now live! With all the recent conversations around voting options, the prop seeks to formally define the meaning of “NoWithVeto” (NwV).

Cc: @CosmosGov

1/ Today, we are excited to announce the v0.1 pre-release of Interchain Security! This milestone gets us closer to the feature launch of Interchain Security on the @cosmos Hub! ✨✨✨


We sat down w/ the man who brought you @CosmWasm to discuss Wynd, an autocompounder that helps you optimize staking yield while reducing unbonding period (w/o violating the security protocol) to 0 days. How?

Listen in: https://youtu.be/dKHfxWvIt10

Let’s take a look at the #HackATOM Seoul 2022 competition winners!⚛️
For interoperability:
1st - A41, @a41_allforone team’s project on liquid staking which proposes an alternative to stable swap for trading things with a known discounted asset

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