ATOM Specifications

Type

COIN

Algorithm

Protocol

POS

Start Date

03/09/2016

Max Supply

268,011,167

Circ. Supply

432,630,807

Website

Explorer

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Info

Cosmos (ATOM) is a decentralized blockchain network designed to enable interoperability between independent blockchains, often referred to as the Internet of Blockchains. Built on the Tendermint consensus protocol, Cosmos focuses on scalability, usability and secure cross-chain interactions. The ATOM token powers transactions, staking and governance while being available on major exchanges to support ecosystem liquidity.

Market Impact

Cosmos has significantly influenced the blockchain industry by enabling scalable and interoperable networks. Its ability to support efficient token swaps has attracted developers building cross-chain decentralized applications. Additionally, the availability of ATOM on global exchanges has strengthened liquidity, driving its adoption across various DeFi platforms.

History

Launched in 2019 by the Interchain Foundation, Cosmos was developed to address the lack of communication between blockchains. Its architecture introduced the Cosmos Hub and the Inter-Blockchain Communication (IBC) protocol, allowing blockchains to exchange data and assets securely. Over the years, ATOM has supported seamless token swaps and achieved adoption through listings on prominent exchanges.

Features

Interoperability
Cosmos enables secure asset swaps and communication between independent blockchains through its IBC protocol.
High Scalability
The Tendermint consensus algorithm allows Cosmos to process transactions efficiently, supporting exchanges and dApps.
Decentralized Governance
ATOM token holders participate in governance decisions, shaping the future development of the Cosmos ecosystem.

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*The indicators above, do not represent an investment advice and should not be treated as such. Please make your own research and risk assessment before exchanging your assets.