The Foundation Of A New Token Economy
This cryptocurrency is also relatively new to the Top 20 coin listing that was introduced to the market last March 2019 only, the period where the Bearish Market was already about to end. It was a great news for this digital asset since right after a month it was introduced, its immense funding initially with $800 Million made it to the top 20 instantly. A few days right after the initial market cap funding another batch of funds were added and making the final currency in the coin listing which has a 1-Billion Dollars Market cap.
I could really tell that these new digital assets being introduced within the top 50 are really agressive in terms of their use-case and trading volumes.
The circulating supply of 190 Million units called as ATOM generates a 24-hour Volume of 51.78 Million Dollars.
The remaining supply from its total number of 237 Million is most likely for the developers to HODL as well as the premium members who are considerably large stakeholders too.
At the time of writing this post (July 07, 2019), I have considered buying a few coins because it is really affordable and one unit of Cosmos (ATOM) is only around $5.25 or 0.00046888 BTC. I always love to see altcoins that costs around $5 more but with less than $10 in value because pairing it with BTC is incredibly an awesome experience for me in terms of profitability.
For the real-time value of Cosmos (ATOM), let's check the CoinGecko Widget:
If you want to buy this considerably profitable digital asset, you may check it here to see if your trading platforms have a direct pairing with BTC to this altcoin. Majority of the exchangers are tied up with USDT for its pairing.
Bibox, BitForex, KuCoin, Hotbit, OKEx, Huobi, Binance and Poloniex are the top exchangers with more than 1-Million Dollars in Volume for 24 hours.
What is the Cosmos Network?
The most powerful, most interoperable, most customizable, and most scalable ecosystem of connected blockchains.
Cosmos solves today's hardest blockchain problems.
Proof-of-Work protocols are slow, expensive, unscalable, and environmentally harmful.
- Tendermint BFT fixes this. Tendermint BFT is a byzantine fault tolerant consensus engine that powers Cosmos Proof-of-Stake.
Blockchain applications are complex and difficult to understand for developers.
- Cosmos SDK fixes this. Cosmos SDK is a modular framework for building interoperable, application-specific blockchains.
Blockchain economies are siloed and cannot transfer assets between each other.
- IBC Protocol fixes this. Interblockchain Communication (IBC) is a TCP/IP-like messaging protocol for blockchains.
We all know that the blockchain is a decentralized technology. The breakthrough that Cosmos is offering is really top of its class. Creating a blockchain itself involves an extremely tremenduous amount of consistency and it is the top priority of the Cosmos Network.
The Cosmos Hub:
The Cosmos Hub is the first of thousands of interconnected blockchains that will eventually comprise the Cosmos Network. The primary token of the Cosmos Hub is the ATOM, but the Hub will support many tokens in the future, so let's make ourselves updated with this superb digital asset.
ATOM - The Token Platform of the Cosmos Network
If you have ATOM in your wallet or portfolio, you have the superpower to contribute to the security and governance of the Cosmos Hub. You can also delegate your ATOM to one or more of the 100 validators on the Cosmos Hub blockchain to earn more ATOM through Proof-of-Stake. You can also vote with your ATOM to influence the future of the Cosmos Hub through on-chain governance proposals.
If you have the following wallet applications then you can create an ATOM wallet easily.
- Atomic Wallet - Android, Linux, macOS, Windows
- Cobo - Android, iOS
- Cosmostation - Android, iOS
- Huobi Wallet - Android, iOS
- imToken - Android, iOS
- Lunagram - Android, iOS
- Lunie - Web
- Math Wallet - Android, iOS, Web
- Rainbow Wallet - Android, iOS
- Qbao Wallet - Android, iOS
- Trust Wallet Android, iOS
- Wetez - Android, iOS
Join the Community
Have questions, comments, or new ideas? Participate in the Cosmos community through one of the following channels. Check out the Latest events.
Latest Tweet from Cosmos:
Follow Cosmos on Twitter: @cosmos
For more in-depth info:
We would like the Cosmos Network Developers and active community members to create a publish0x account and share all your important updates here in this emerging crypto social blockchain. For all readers who also wanted to share their skills, and programs that they wanted to promote here is the link to click. Regsiter, apply to be an author, let the admins know that you are a developer if you have a program that you are currently working on and start sharing here.
If you would like to get an indepth information on some altcoins, please check out my featured digital assets I have shared.
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