As of today, the current price of Atomic Coin (ATOM) is $ 2.79. Keep in mind that cryptocurrency prices are extremely volatile and can drastically change within moments.
Atomic Coin (ATOM) is a cryptocurrency that is designed to provide fast, secure, and low-cost transactions. Unlike traditional currencies, ATOM is decentralized, meaning it is not controlled by a central authority. Instead, transactions are processed and confirmed by a network of computers around the world. The ATOM coin is the native currency of the network and is used to pay for transaction fees and participate in the network's governance.
The team behind Atomic Coin remains relatively anonymous, maintaining the tradition of privacy that is often associated with cryptocurrencies. On Atomic Coin's official website, they don't list specific individuals involved in the project. However, it is clear that the development team has substantial experience in blockchain technology, cryptography, and software development.
To understand how Atomic Coin works, you first need to get a basic understanding of blockchain technology. A blockchain is a kind of distributed ledger that records transactions across multiple computers so that the record cannot be altered retroactively.
When a transaction is made on the Atomic Coin network, it's broadcasted to all nodes in the network. These nodes then validate the transaction and add it to their version of the blockchain. Once a majority of nodes agree on the state of the blockchain, the transaction is confirmed.
The unique aspect of Atomic Coin is its focus on creating a seamless and efficient transaction process. The coin uses a Proof-of-Stake (PoS) consensus mechanism, which allows coin holders to 'stake' their coins in order to validate transactions. This method is considered to be more energy efficient and democratic compared to Proof-of-Work (PoW) mechanisms used by coins like Bitcoin.
What sets Atomic Coin apart from other cryptocurrencies is its emphasis on transaction efficiency. The project aims to provide fast, secure, and low-fee transactions, making it a practical choice for real-world financial applications.
Besides, Atomic Coin takes advantage of PoS consensus mechanism, which enables quicker transaction confirmations and increased network capacity compared to traditional PoW cryptocurrencies. This makes Atomic Coin an environmentally friendlier choice and opens up opportunities for coin holders to earn rewards for contributing to the network.
The current circulating supply of Atomic Coin is 18.6M ATOM coins. The total supply of these coins—that is, the maximum number of coins that will ever exist—is 18.6M.
Atomic Coin (ATOM) can be purchased on the following exchanges: Nova, Cryptopia. Please remember to exercise due diligence when trading cryptocurrencies and only use reputable exchanges.
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