Cosmos HubATOM
Market stats
- Market cap
- $977.7M
- Fully diluted
- $977.7M
- Volume (24h)
- $75.5M
- 24h high / low
- $1.87 / $1.63
- Circulating supply
- 529.6M ATOM
- Total / max supply
- 529.6M / ∞
- All-time high
- $43.84
- From ATH
- -95.8%
- ATH date
- Sep 19, 2021
Source: CoinGecko · refreshed ~15 min. ₦ conversions are computed from the USD price at the labelled rate — the street leg uses the indicative street rate from ngnrates.com (interim provider), not an official quote.
About Cosmos Hub
The Cosmos network consists of many independent, parallel blockchains, called zones, each powered by classical Byzantine fault-tolerant (BFT) consensus protocols like Tendermint. Some zones act as hubs with respect to other zones, allowing many zones to interoperate through a shared hub. The architecture uses 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. ATOM have three use cases: as a spam-prevention mechanism, as staking tokens, and as a voting mechanism in governance.
Description: CoinGecko · as-is.