The initial coin offering (ICO) for the Cosmos was held in April , ending up with more than USD 17 million collected as part of the fundraising effort. The total supply of ATOM is capped at million ATOM. After the launch of the Cosmos mainnet on March 13, ATOM found itself being added to various cryptocurrency exchanges. Bitcoin Atom price today is $ with a hour trading volume of $BCA price is up % in the last 24 hours. It has a circulating supply of 0 BCA coins and a max supply of 21 Million. STEX is the current most active market trading it. In order to explore addresses and transactions, you may use block explorers such as 24crypto.de Bitcoin Atom has a current supply of 21,, with 18,, in circulation. The last known price of Bitcoin Atom is USD and is up over the last 24 hours. It is currently trading on 1 active market (s) with $ traded over the last 24 hours. More information can be found at 24crypto.de
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I consent to my submitted data being collected and stored. BTC continues to be accumulated by Grayscale, a leading digital asset fund manager. The drop has made some suggest that a strong move lower is on its way. But on a near-term The number of BTC on exchanges has decreased strongly in recent months, despite the rally.
Running on the ABCI framework, the Cosmos Software Development Kit is supposed to make life easier for the developers focused on creating application-specific blockchains. This is done by making the building of the ABCI for blockchains easier with the help of a unified framework. The SDK features a modular structure which is divided into layers existing on top of the ABCI and packed full of tools aimed for the use by the developers.
Since one of the main tasks of the Cosmos ecosystem is to ensure interoperability, this needs to be ensured for both the Tendermint-based chains as well as for those which do not run on it. The fast-finality chains can connect with Cosmos by adapting the IBC. At the same time, the probabilistic-finality chains such as those using the Proof-of-Work, also need to be supported.
For them, the Cosmos developers implemented a special type of proxy-chain called a Peg Zone. The Peg Zone is a blockchain tasked with tracking the state of another blockchain.
Since the customizable Peg Zone itself supports fast-finality, it is already compatible with the IBC and it establishes finality for the blockchain which is being bridged with the Cosmos.
With the help of the Peg Zone, for example, the user can use any token on the Cosmos and have it sent to the Ethereum chain. At the same time, the IBC Protocol serves to connect various zones and hubs in the network, as well as to support the exchange of value between the chains which are not homogenous. This means that the IBC should allow for establishing links between the chains with unique layer architecture, independent governance models and software frameworks such as those being built on Tendermint.
The ability to support streamlined token exchange among the users should make the Cosmos a potential solution for the decentralized exchanges. The initial coin offering ICO for the Cosmos was held in April , ending up with more than USD 17 million collected as part of the fundraising effort. After the launch of the Cosmos mainnet on March 13, ATOM found itself being added to various cryptocurrency exchanges.
Considering the importance of the Tendermint Core for the Cosmos platform, it is no wonder that many of the team members behind this technology are the same professionals who went on to design Cosmos. They work at All in Bits for-profit company whose efforts at developing the Cosmos platform are helped by the Interchain Foundation ICF whose work revolves on promoting the blockchain interoperability. With the recent launch of its mainnet, the blockchain platform Cosmos came into the spotlight as a solution seeking to act as a mediator between independent blockchains operating on its decentralized network.
What is ATOM? Cosmos aims to resolve these issues by utilizing an array of tools at its disposal, such as: Tendermint. Tendermint Core is a Byzantine Fault Tolerance BFT consensus engine which is said to feature a 1 second block time, with the theoretical capability to handle the transaction volume of 10, transactions per second for byte transactions.
By eliminating the Proof-of-Work and optimizing performance around the vertical scalability, the Cosmos developers hope to arrive at the point in which the application itself will become the only scalability bottleneck. Building decentralized applications on top of Tendermint is done by approaching the development as the blockchain application itself. One only needs to determine the transaction types and transition functions that the application in question actually needs, thus improving its performance in the process.
Cosmos SDK. It is a technological tool set designed to simplify the process of creating secure blockchain applications on top of Tendermint. With it, the developers claim that building a blockchain should be simplified to the degree that the whole process should not be harder than coding several modules.
Paired with Tendermint, the IBC enables heterogeneous chains to exchange value such as tokens as well as data among themselves. Usability and Sovereignty of Blockchains Blockchain usability and sovereignty are additional weak points which are targeted by Cosmos. How Do Hubs Operate? How Does Tendermint Work? These tasks fell on the Tendermint platform, particularly the two of its main components: Tendermint Core makes sure that the same transactions are recorded in the same sequence on each machine they run on.
It functions as the protocol which comprises a consensus algorithm and peer-to-peer networking protocol. Transactions are propagated between nodes with the help of the gossip protocol. Peer discovery and gossip protocols and are secured with the help of the Tendermint's encryption system.
It also ensures that the transactions can be processed in any programming language. The ABCI provides three types of connections for the Tendermint Core: Mempool connection verifies if the transactions need to be relayed before they are committed.
Consensus connection helps with the management of transactions which have been committed. Query connection assists the platform in querying the application state. IBC and Peg Zones Since one of the main tasks of the Cosmos ecosystem is to ensure interoperability, this needs to be ensured for both the Tendermint-based chains as well as for those which do not run on it.
In any case, the token transfer process would go along the following lines: Sally wants to send 50 tokens from chain A to chain B.