Cosmos ATOM to Spiking SPIKE Exchange

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Crypto Pair Details: ATOM to SPIKE

Cosmos ATOM

The Cosmos network consists of many independent, parallel blockchains, called zones, each powered by classical Byzantine fault-tolerant (BFT) consensus protocols like Tendermint (already used by platforms like ErisDB). Some zones act as hubs with respect to other zones, allowing many zones to interoperate through a shared hub. The architecture is a more general application of the Bitcoin sidechains concept, using 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. Atoms have three use cases: as a spam-prevention mechanism, as staking tokens, and as a voting mechanism in governance. As a spam prevention mechanism, Atoms 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, Atoms can be “bonded” in order to earn block rewards. The economic security of the Cosmos Hub is a function of the amount of Atoms staked. The more Atoms that are collateralized, the more “skin” there is at stake and the higher the cost of attacking the network. Thus, the more Atoms 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 Atoms.

Spiking SPIKE

World's First Blockchain Asset Validation and AI Driven Crypto Trading infrastructure. Traders can easily find whales matching their goals, follow their trades automatically, and take the steps toward fulfilling their dreams of achieving financial freedom. With the use of smart contracts on the blockchain, the Spiking Platform will allow its users to mirror the trading activity of any whale and control their own segregated trading accounts directly. SPIKE will be the token that fuels the Spiking Platform (gas). For new traders, Spiking will offer the assistance of RoboBull — a proprietary AI Robot. RoboBull is an intelligent portfolio management manager that applies artificial intelligence to create a portfolio of different whales based on the trader’s risk/reward ratio. New traders can enjoy peace of mind with a more sustainable trading plan. Tracking whale trades is a valuable barometer which is lacking in the cryptocurrency market today. Spiking is here to introduce a platform that will fill this market void and transform the way traders interact with the market, helping traders at all levels to make better decisions.


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