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Cosmos

CryptoCrypto
Symbol: ATOM
ATOM

Price

Fundamentals

Rank

 
#59

Market Cap

 
$2.05B

Circulating Supply

 
390,688,369.00

Frequently asked questions

What is the rank of Cosmos by market capitalization?

Cosmos holds the #59 position among cryptocurrencies based on market capitalization. This ranking reflects the relative size and significance of Cosmos compared to other digital assets in the crypto market.

What is the market capitalization of Cosmos?

The market capitalization of Cosmos is $2.05B. Market cap is calculated by multiplying the current price per coin by the number of coins in circulation.

How many Cosmos are there?

The circulating supply of Cosmos is 390,688,369.00. This figure represents the number of coins that are currently available and actively traded in the market.

Pricing

1D span
$5.243$5.399
52W span
$3.664$14.19

Information

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.

Identifier

Symbol

ATOM

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