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Cosmos Hub current price is $0.00000000.

Cosmos Hub current price is $0.00000000 with a marketcap of $0. Its price is 3.74% up in last 24 hours.

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  • cosmos
    Cosmos Hub (ATOM)
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    285.78 M ATOM
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10 Cosmos Hub (ATOM)

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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 d

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Funded by the Interchain Foundation, PANIC by @SimplyStaking is an open-source monitoring and alerting solution for blockchain infrastructure operators - monitoring your setup and sending multi-channel alerts.

Let's explore the solution and its benefits 🧵

Congrats IBC! 🎉

18 months ago today, the Interchain came to be - with the first-ever Inter-Blockchain Communication (IBC) transaction between two chains.

The Stargate upgrade to @cosmoshub paved the way for IBC - helping fulfil the vision outlined in the Cosmos Whitepaper.

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