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Updated 01:48 PM UTC

ATOM Cosmos

$1.79

$0.0284

(1.61%)

Today

Mkt Cap$964.81M

Vol59.24M

About Cosmos

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 a spam prevention mechanism, ATOM 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 distribution is done in-protocol and a protocol specification is described here. As staking tokens, ATOM can be “bonded” in order to earn block rewards. The economic security of the Cosmos Hub is a function of the amount of ATOM staked. The more ATOM that are collateralized, the more “skin” there is at stake and the higher the cost of attacking the network. Thus, the more ATOM there are bonded, the greater the economic security of the network. Atom holders may govern the Cosmos Hub by voting on proposals with their staked ATOM.

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Swift Blockchain Ledger Draws Cosmos, Chainlink, IBM and Oracle

Cosmos Labs now connects bank core systems to Swift’s blockchain ledger. IBM, Oracle and Chainlink launched rival connectors the same week. Tokenized deposits stay on bank ledgers, with settlement on existing rails. Banks do not need ATOM to use the Cosmos product. Cosmos Labs sa...

ETHNews.com

Swift Blockchain Ledger Draws Cosmos, Chainlink, IBM and Oracle

ETHNews.com

More News

Bitget Hacker Moves Millions in XRP as Freezing Fails

Key Takeaways About 54 million XRP left five attacker wallets. Ripple cannot freeze native XRP balances. Roughly 49 million XRP […] The post Bitget Hacker Moves Millions in XRP as Freezing Fails appeared first on Coindoo.

Coindoo

How Cosmos Hub Stopped and Restarted to Seize Stolen ATOM

The Cosmos Hub’s incident update says its network was not exploited. Stolen assets arrived from Neutron via IBC; Hub validators […] The post How Cosmos Hub Stopped and Restarted to Seize Stolen ATOM appeared first on Coindoo.

Coindoo

Cosmos Hub Restarts After Neutron Governance Attack, Moves 1.23M ATOM

Cosmos Hub restarted after a 24-hour, 48-minute halt and moved 1.227 million ATOM from a wallet linked to the Neutron governance attacker.

Crypto Daily™

7 Best Altcoins in 2026 – Stage 5 of this Next Big Crypto is Live at $0.00055 with $100k+ Raised

The search for the next big crypto is heating up as traders turn their attention toward emerging projects, established altcoins, and new narratives gaining traction across the market. From payment-focused networks to Layer 1 ecosystems and community-driven tokens, 2026 is creatin...

TurkishNY Radio

ZetaChain Community Votes to Exit L1 and Migrate ZETA to Solana

ZetaChain’s token community has voted to wind down its own layer-1 blockchain and migrate its native ZETA token to Solana. The change was approved via governance proposal 68, with 99.4% of votes supporting the plan and participation at 58%, surpassing the network’s 40% quorum req...

CryptoBreaking

ZetaChain Tokenholders Vote to End L1 and Migrate ZETA to Solana

ZetaChain tokenholders have voted to end the project’s layer-1 blockchain and migrate its native ZETA token to Solana. The governance decision, approved via a formal proposal on Sunday, clears the path for ZETA to be represented as a Solana token through a 1:1 conversion—while ne...

CryptoBreaking

ZetaChain Holders Approve Solana Migration and Layer 1 Shutdown

Summary ZetaChain holders approved the Layer 1 shutdown and Solana migration, with Proposal 68 receiving overwhelming support from participating voters overall. Anuma’s expanding AI usage drove the strategic shift, while Solana offers developers relief from maintaining an indepen...

36Crypto

ZetaChain Holders Approve Plan to Shut Layer 1 and Move…

Why Is ZetaChain Abandoning Its Own Blockchain? ZetaChain token holders have approved a proposal to retire the project's Layer 1 blockchain and move ZETA to Solana, effectively ending the standalone network that was originally built to connect assets and applications across compe...

Finance Feeds

Two Wallet Incidents Show How Crypto Users Can Be Targeted Without Hacking Hardware Wallets

Two recent incidents involving crypto wallet users serve as a reminder that a hardware wallet can remain technically unbroken while an attacker still walks away with funds. The weak point is rarely the device itself. Read original article on coinlineup.com

CoinLineup

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