Live price, market capitalisation, trading volume, supply and interactive charts for Cosmos Hub (ATOM), ranked on the RealCryptoCap native crypto index.
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…
RealCryptoCap counts native crypto networks only. Stablecoins, wrapped tokens, tokenized stocks, bonds, treasuries, commodities and other synthetic receipts are excluded, so a ranking here reflects crypto assets rather than the dollar rails that sit on top of them.
Browse the full ranking in the Top 500 native crypto index, open Market Data for charts and signals, or read the latest analysis.