Cosmos current price is €14.869 with a marketcap of €3.54 B. Its price is -7.89% down in the last 24 hours.
- Cosmos (ATOM)
- Live Price €14.869
- Market Cap €3.54 B
- Volume €506.40 M
- Available Supply 238.53 M ATOM
- Rank 18
Technical analysis, backgrounds and info on this crypto coin
Besides Cosmos (ATOM) is a popular cryptocurrency (measured by market capitalisation). This cryptocurrency has become more and more popular over years. Given the plans for the future, many insiders have high expectations of the Cosmos (ATOM) price. Of course you can trade and/or invest in Cosmos (ATOM) as well. On this page you'll find basic statistics and characteristics of Cosmos (ATOM). Furthermore you'll find info regarding the Cosmos (ATOM) price, basic technical analysis and a brief explanation of the story of Cosmos (ATOM)
Current Cosmos (ATOM) price
Please see below the Cosmos price chart as provided by our home broker.
Onchain Metrics Cosmos (ATOM)
If you want to perform a technical analysis of Cosmos and decide whether it is the right time to trade or invest, please check the on-chain metrics as provided by our partners of Into the Block.
These On-chain metrics are updated once a day (rondabout 11 pm est, which is 5 am Dutch time). If you want to check the latest update, please dive deeper into the On-chain metrics of our metrics partner IntotheBlock.io.
Furthermore, we provide you with the price chart and historical data for Cosmos (ATOM) at the bottom of this page. Before we get there, we provide you with the upcoming agenda as well as some backgrounds and info on Cosmos.
The Cosmos agenda
In order to provide you with an accurate overview of coming Cosmos agenda items and events, you'll find our Cosmos agenda below.
If you are interested in the agenda items for other cryptocurrencies and/or the most important economic items on the macro-economic agenda, please visit our calendar page.
What is Cosmos?
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.
Who created Cosmos?
Cosmos Network is a blockchain network architecture run by the Interchain Foundation. The company is headquartered in Zug, Switzerland and was founded in 2016 by Ethan Buchman and Jae Kwon. Cosmos consists of various independent blockchains called zones. Zones are connected to each other by Cosmos Network Hubs; the digital ledgers responsible for token swapping between zones. Cosmos Network Hubs connect directly with zones, instead of zones directly connecting with each other; reducing the risk of double spending and unfreezing of tokens.
What is the purpose of Cosmos (ATOM)?
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.
The future of Cosmos (ATOM)
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.
Further technical analysis of this coin
For further technical analysis you’ll find the current price chart and overview of historical data at the bottom of this page. Do you need more on-chain metrics? You can find these on the site of our on-chain metrix partner IntotheBlock.
Do you want to trade in this crypto?
If you want to trade in this cryptocurrency you might consider to sign up with one of our home exchanges: Changelly, CEX.io or Binance. When your mother tongue is Dutch or French you might also consider Bitvavo. If you want to know more about choosing the right crypto exchange, please visit our crypto exchages page.
Please note that our site does not provide any financial advice. The statistics and information shown are solely provided as possible source for your own research on (investing in) crypto and/or for educational/entertainment purposes. Despite our efforts to present information in a right and timely manner we will not accept any responsibility for any shortcomings in the data and/or information provided. Furthermore please that this site uses affiliate links. This means we might earn a contribution in the costs of operating this site and providing free information if you decide to click on (one of) the links issued.