Cosmos Hub current price is $9.650.

Cosmos Hub current price is $9.650.


Cosmos Hub current price is $9.650 with a marketcap of $2.83 B. Its price is -5.15% down in last 24 hours.


Buy / Sell Cosmos
  • cosmos
    Cosmos Hub (ATOM)
  • Live Price
    $9.650
  • 24h %
    -5.15%
  • Market Cap
    $2.83 B
  • Volume
    $83.94 M
  • Available Supply
    292.59 M ATOM
  • Rank
    24

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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.

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Applications close on Nov 24th for the Interchain Developer Academy!
Secure your place!

🎆 Level up your Cosmos expertise in 7 weeks
🎆 Gain the skills to build your own application
🎆 Earn a certificate from @interchain_io

Apply here 👇🏾

https://bit.ly/3hy8sb5

Applications close on November 24th for the #Interchain Developer Academy!
Secure your place!

🎆 Level up your Cosmos expertise in 7 weeks
🎆 Gain the skills to build your own application
🎆 Earn a certificate from @interchain_io

Apply here 👇🏾

https://bit.ly/3hy8sb5

1/
Rebuilding trust with the community, improving transparency and community engagement are key priorities of the ICF. This is why we’ve decided to form a Technical Advisory Board (TAB) .

The @Cosmos-SDK community calls are a chance to discuss developments and feedback from the community. In this call, Cosmos SDK Lead Marko @mark0baricevic discusses Governance Proposal Types, Non-determinism maps and more.

To watch, visit: https://youtu.be/sIYhcZ6ZodU

1/ At Informal, we’ve been heads down preparing for Interchain Security launch in January 2023!

Over the coming months, we will welcome the first few consumer chains to the @cosmoshub – all of which will provide valuable services to @cosmos.

Who are they? Let’s dig in! ✨✨

If you have #coding experience and are curious to join the #Blockchain space, check out the Interchain Developer Academy.

A free, 7-week, online training program to master the Cosmos stack.

Limited places. Apply here 👇🏾

https://bit.ly/3hy8sb5

Interested in becoming a blockchain developer and learning @Cosmos? The #Interchain Developer Academy is a great place to start!

🗓 7-Weeks
💼 No prior blockchain experience required
🎖 Certification
💰 FREE - funded by @interchain_io

Apply here 👇🏾
https://bit.ly/3hy8sb5

Light Clients are a foundational Inter-Blockchain Communications (IBC) Protocol layer.

Watch this tutorial series by @interchain_io’s IBC Tech Lead Aditya Sripal, @turingtestrun, on Channels, Connections and Light Clients - in the context of #IBC: https://www.youtube.com/playlist?list=PLE4J1RDdNh6v0pW-ao7Fop_b3Kq5VNIVo

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