Cosmos (ATOM) price is $4.27

Cosmos (ATOM) Live Price Data

The live Cosmos (ATOM) price is $4.27, with a 24 hours Blynex trading volume of 25.29 K. The price of ATOM changed by -1.66% in the past 24 hours. With a circulating supply of 391M ATOM and a maximum supply of 391M ATOM coins. ATOM currently ranks #43 in market cap. You have the option to purchase Cosmos (ATOM) on the Blynex exchange.

Market	Price	24h %	24h High	24h Low	24h Volume
ATOM/USDT	$4.26887	-1.66%	4.39373	4.21107	25.03 K	Trade

Market

Price

24h %

24h High

24h Low

24h Volume

ATOM/USDT

$4.26887

-1.66%

4.39373

4.21107

25.03 K

Trade

Cosmos (ATOM) aims to offer an antidote to “slow, expensive, unscalable and environmentally harmful” proof-of-work protocols. Buying ATOM on Blynex Exchange is easy: create an account, verify your identity, deposit funds, and start trading. Check out our guide on How to Buy Cosmos (ATOM).

What is Cosmos (ATOM)?

Cosmos is a blockchain project aimed at solving fundamental challenges in the crypto space, such as scalability, complexity, and interoperability. Labeling itself as "Blockchain 3.0," Cosmos offers a connected ecosystem of blockchains to counter the inefficiencies of traditional proof-of-work protocols like Bitcoin. With its focus on modularity and seamless communication between networks, Cosmos strives to simplify blockchain development while enhancing the user experience.

Cosmos leverages several unique features to achieve its goals. Its modular framework enables developers to build decentralized applications (dApps) using pre-built components, reducing complexity and development time. The Inter-Blockchain Communication (IBC) protocol allows blockchains within its ecosystem to communicate efficiently, addressing the industry's fragmentation. Additionally, Cosmos prioritizes scalability, processing significantly more transactions per second compared to older blockchains like Bitcoin and Ethereum.

The foundation of Cosmos can be traced back to 2014 with the creation of Tendermint, a key contributor to its ecosystem. The project officially launched in 2016 with the publication of its whitepaper and conducted a token sale the following year. Cosmos’ flagship blockchain, the Cosmos Hub, is secured by ATOM tokens, which also play a role in governance. Key figures behind Tendermint include co-founders Jae Kwon, Zarko Milosevic, and Ethan Buchman, though leadership has evolved, with Peng Zhong currently serving as CEO.

The Cosmos network operates across three primary layers: the application layer for transaction processing, the networking layer for inter-chain communication, and the consensus layer for ensuring state agreement among nodes. These layers are interconnected through open-source tools, enabling developers to build scalable, interoperable dApps. The modular design simplifies the creation of custom blockchains, making Cosmos a developer-friendly platform.

A major ambition of Cosmos is to tackle the issue of blockchain fragmentation by enabling seamless communication between networks. Its infrastructure aims to rival traditional payment systems in speed and scalability, laying the groundwork for mainstream blockchain adoption. By fostering interoperability and simplifying the blockchain-building process, Cosmos is positioned as a leading force in the evolution of decentralized technology.

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What is Cosmos (ATOM)?

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