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Cosmos Hub
ATOMUpdating...$1.72
-4.58%
Market Cap
$887.19M
Rank #73
24h Volume
$31.32M
Trading volume
Circulating Supply
515,699,473
ATOM
Max Supply
∞
ATOM
ATOM/USD
7 days
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Price Analysis
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Markets
Price Statistics
24h Change-4.58%
7d Change-14.29%
30d Change-16.56%
All-Time High$43.84
All-Time Low$1.16
Links & Resources
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.
As a spam prevention mechanism, ATOM are used to pay fees. The fee may be proportional to the amount
Latest News About Cosmos Hub
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