With the ever-fluctuating cryptocurrency market, keeping track of real-time prices between XDC Network and Cosmos Hub can be challenging. Our dedicated XDC Network to Cosmos Hub price converter & calculator makes this task seamless and straightforward. Whether you're an investor, trader, or crypto enthusiast, leverage our tool to get the latest conversion rates of xdc vs. atom. Stay ahead of the market and make informed decisions by accessing the most up-to-date data at your fingertips
1 XDC Network (xdc) == 0.006894461971831 Cosmos Hub (atom).
Rate : 0.006894461971831
XDC Network (xdc) Price: 0.04895068$
Cosmos Hub (atom) Price: 7.1$
1 XDC Network is 0.006894461971831 Cosmos Hub.
The XDC Network, powered by its native coin XDC, is an enterprise-ready hybrid blockchain technology company optimized for international trade and finance. It operates on the Ethereum platform and falls under categories such as the XDC Ecosystem, Ethereum Ecosystem, Smart Contract Platform, and Finance/Banking. With a market cap rank of 46, XDC has seen a significant price change of 46 percent in the last 30 days. The XDC protocol is designed to support smart contracts, offering a transaction time of just 2 seconds and a high throughput of 2000TPS. It implements KYC for Masternodes, providing increased security and validation. The blockchain network, built on XinFin Delegated Proof of Stake (XDPoS), aims to create a highly scalable, secure, permissioned, and commercial-grade ecosystem. The XDC token also enables the utilization of XinFin's real-world use-cases, such as TradeFinex.org, which facilitates the digitization and distribution of financial requirements for small and medium businesses and institutions using a common standard.
The Cosmos Hub, represented by the symbol ATOM, is a multi-asset distributed ledger known for its interoperability features. It falls under categories such as Alleged SEC Securities, Layer 1 (L1), Canto Ecosystem, BNB Chain Ecosystem, Cosmos Ecosystem, and Cryptocurrency. With a market cap rank of 30, ATOM has experienced a price decrease of 19.8568 percent in the last 30 days. The Cosmos network consists of independent blockchains called zones, which are powered by classical Byzantine fault-tolerant consensus protocols like Tendermint. Some zones act as hubs, enabling interoperability between different zones without the need for intermediaries. This architecture allows Cosmos to integrate and interoperate with various applications and cryptocurrencies seamlessly. ATOM serves three main purposes within the Cosmos Hub ecosystem. Firstly, it acts as a spam-prevention mechanism by paying transaction fees. Secondly, ATOM can be staked to earn block rewards, contributing to the economic security of the network. Lastly, ATOM holders can participate in the governance of the Cosmos Hub by voting on proposals using their staked tokens.
Both the XDC Network and Cosmos Hub offer unique features and value propositions in the blockchain space. While XDC Network focuses on optimized international trade and finance, Cosmos Hub emphasizes interoperability and the integration of multiple blockchains. The XDC Network leverages the Ethereum platform and employs an energy-efficient consensus mechanism, XDPoS. It offers fast transaction times, high throughput, and supports smart contracts, catering to the needs of enterprises in various industries. On the other hand, the Cosmos Hub provides a multi-asset distributed ledger that enables interoperability among different blockchains. Its Tendermint consensus protocol ensures security and Byzantine fault tolerance. Additionally, ATOM serves as a means of spam prevention, staking for block rewards, and active participation in governance. Ultimately, the choice between XDC Network and Cosmos Hub depends on specific use cases and requirements. Both networks have their strengths and can offer value to different industries and applications. It is recommended to assess individual needs and conduct further research to determine the best fit for a particular use case.