What is ATOM crypto worth?

ATOM Price Statistics Cosmos Price$28.1624h Low / 24h High$27.79 / $29.94Trading Volume24h$817,723,936.80 9.62%Volume / Market Cap0.1014Market Dominance0.40%Cosmos price today, ATOM to USD live, marketcap and chart coinmarketcap.com › currencies › cosmos

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Is ATOM proof of work?

Unlike the bitcoin network, where computer “miners” compete to process transactions and earn a reward in a system called proof-of-work, Cosmos is a proof-of-stake blockchain where people are assigned blocks to mine according to how many tokens they hold. ATOM is the native token of the Cosmos blockchain.

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What is ATOM token?

ATOM is the native token of Cosmos, a decentralized network that provides open-source tools for developers to create their own interoperable blockchains . One of the biggest problems with blockchains is they are created independently and very few have the ability to transfer data between one another.

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What is a white paper in crypto?

A whitepaper is a document released by developers that explains the technology and purpose of the project they are working on . It tells prospective investors how the cryptocurrency was conceived and highlights its purpose. A crypto whitepaper contains various forms of data like statistics, diagrams, and formulas.

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Is Polkadot better than cosmos?

One of the main differences between Cosmos and Polkadot is that Polkadot offers unified security across the network . Every Polkadot parachain is supported by the same pooled security as the Polkadot Relay Chain, whereas blockchains connected to the Cosmos Hub do not have uniform security.

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