Today, we will compare two coins built on the same blockchain (Cosmos). First is the native coin of the Cosmos platform (ATOM) and the second one is one of the projects built on Cosmos, ION. They have different use cases and way different levels of popularity and availability on exchanges. However, there are people on the Internet, who want to compare these two coins. Read this article to understand what these coins are and which one of them is a better project for your purposes.
ATOM is a cryptocurrency serving as a fuel for the Cosmos Hubs platform. The latter is a decentralized ecosystem whose prime purpose is bridging different blockchains. As the platform consensus is based on Proof-of-Stake algorithm, ATOM is needed for staking and validation of transactions.
Apart from channeling cross-chain transactions, Cosmos is used for building decentralized apps, launching new tokens, in-game collectibles, and more. To much, Cosmos resembles the functionality of Ethereum and its countless "killers". Unlike Ethereum, Cosmos is designed to work cheaper and faster.
The Cosmos whitepaper saw the light of day in 2016. As of July 2022, the ATOM token is among the industry leaders, occupying the 28th position by market cap which equals $3.1 billion. The current ATOM price is over $10.
ION is a primary coin in the blockchain ecosystem of the same name. The ION ecosystem utilizes the hybrid consensus mechanism combining Proof-of-Stake and Proof-of-Work algorithms. This move is aimed at maximizing security of the network. The ION coin is used for the network's tokenomics and as a part of the staking process.
The ION network is mostly used for hosting games. ION allows devs to create in-game tokens. Through Jinx, gamers can earn (and lose) crypto while playing games. The ION team believes it should make gaming more engaging.
The ION coin hit the market in 2016. At some point in 2018, the price was over $5, however, nowadays, ION coins are much cheaper. As of July 2022, the ION price is around $0.005 while the market cap is a bit over $70k. ION is quite far from the top coins, however, the ION ecosystem continues its development.
Factor | Cosmos (ATOM) | ION (ION) |
The price as of July 2022 | $10 | $0.005 |
Market cap as of July 2022 | $3 billion | $70,000 |
Rank as of July 2022 | #28 | #2,300 |
All-time high | $44.45 (January 17, 2022) | $5,265.15 (April 10, 2022) |
Decline (compared to all-time high) | 76.3% | 100% |
All-time low | $1.16 (March 13, 2020) | $0.002414 (August 21, 2021) |
Growth (compared to an all-time low) | 809.9% | 111.77% |
Popular markets | Binance, Coinbase, KuCoin, Gate.io, Huobi Global | Crex24, SafeTrade |
Platform | Cosmos Hubs | Cosmos Hubs |
Consensus mechanism | PoS | PoS and PoW |
Products | Marketplace, Security Provider, Custodian, Router | Game Grid, ATP framework, Jinx framework, Game dock, POTX |
Use cases | dapps, smart contracts, interchain connectivity | data processing, verification |
The price and the market cap
As for price and market cap, Cosmos (ATOM) goes much further than ION. Cosmos is one of the leaders on the crypto market while ION is not even in the top 1000 of coins. We can't compare these coins by these parameters.
Popular markets
Cosmos (ATOM) is way more accessible than ION. ATOM is a popular cryptocurrency available on many well-known exchanges while ION is traded on a couple of little-known platforms.
Platform
ATOM is based on its own blockchain while ION is a part of Cosmos ecosystem. In some way, ION depends on the Cosmos success.
Consensus mechanism
Both coins are based on PoS. However, ION relies on a more complex system that combines PoS and PoW. It creates more opportunities for the platform users and allegedly increases the safety level. On the other hand, it can turn away some people because they would prefer to use a platform with a more familiar consensus algorithm.
Products
Cosmos provides products that can be used for trading, protecting coins, and other activity related to crypto markets. ION network is good for a broader number of use cases as ION Core is dealing with all kinds of activity associated with authentication and processing and protecting data.
Use cases
Cosmos seems to be a good choice for those who build decentralized apps or look for the cross-chain solutions. ION better fits those who work in the gaming industry or deal with data and online identification. Both brands are used in their respective fields.
Empresa |
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4 reseñas de los usuarios | 3 reseñas de los usuarios |
Cosmos es una red que conecta diferentes libros de contabilidad distribuidos. Significa que Cosmos ayuda a procesar las operaciones entre cadenas de bloques. El algoritmo de consenso utilizado por Cosmos es Prueba de participación. Actualmente, los validadores del ecosistema Cosmos están formando un protocolo de Comunicación Inter-Blockchain (IBC). El token nativo del sistema Cosmos es ATOM.
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ION (ION) es la moneda de la cadena de bloques y la plataforma de juegos ionomy. En este momento, puede intercambiar y comerciar con ION, utilizando la solución doméstica de la plataforma. La campaña ICO se lanzó en 2016.
|
coin | coin |
2016 | 2016 |
Switzerland | International |
Sin datos | Sin datos |
Not Public | Public |
Private blockchain | Public blockchain |
4.7446 | 0.1996 |
8.3100 | 8.1800 |
-2.52 | -0.37 |
2336120.56616 | 0.00000 |
Sin datos | Sin datos |
Sin datos | 32850824.00000 |
Sin datos | Sin datos |
449784236.38839 | 0.00000 |
4000 | Sin datos |
Sin datos | Sin datos |
Sin datos | Sin datos |
Sin datos | Sin datos |
PoS | Sin datos |
Sin datos | Sin datos |
Sin datos | Sin datos |
190688439.00000 | Sin datos |
yes | Sin datos |
0.000000000000 | Sin datos |
Sin datos | Sin datos |
Empresa | ||
---|---|---|
User rating | 4 reseñas de los usuarios | 3 reseñas de los usuarios |
Cryptogeek rating | ||
Puntaje de confianza ¿Cómo funciona? |
Sobre |
Cosmos es una red que conecta diferentes libros de contabilidad distribuidos. Significa que Cosmos ayuda a procesar las operaciones entre cadenas de bloques. El algoritmo de consenso utilizado por Cosmos es Prueba de participación. Actualmente, los validadores del ecosistema Cosmos están formando un protocolo de Comunicación Inter-Blockchain (IBC). El token nativo del sistema Cosmos es ATOM.
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ION (ION) es la moneda de la cadena de bloques y la plataforma de juegos ionomy. En este momento, puede intercambiar y comerciar con ION, utilizando la solución doméstica de la plataforma. La campaña ICO se lanzó en 2016.
|
---|---|---|
Tipo | Tipo coin | Tipo coin |
Fecha de creación | Fecha de creación 2016 | Fecha de creación 2016 |
País | País Switzerland | País International |
Idiomas | Idiomas Sin datos | Idiomas Sin datos |
Equipo | Equipo Not Public | Equipo Public |
Protocolo | Protocolo Private blockchain | Protocolo Public blockchain |
Precio actual (USD) | Precio actual (USD) 4.7446 | Precio actual (USD) 0.1996 |
Punto más alto (USD) | Punto más alto (USD) 8.3100 | Punto más alto (USD) 8.1800 |
Intercambiar en el precio (24h) | Intercambiar en el precio (24h) -2.52 | Intercambiar en el precio (24h) -0.37 |
Volumen (24h) | Volumen (24h) 2336120.56616 | Volumen (24h) 0.00000 |
Hashrate | Hashrate Sin datos | Hashrate Sin datos |
Suministros máximos | Suministros máximos Sin datos | Suministros máximos 32850824.00000 |
Suministro total | Suministro total Sin datos | Suministro total Sin datos |
Suministros circulantes | Suministros circulantes 449784236.38839 | Suministros circulantes 0.00000 |
Velocidad de transacción / Tiempo de Bloque | Velocidad de transacción / Tiempo de Bloque 4000 | Velocidad de transacción / Tiempo de Bloque Sin datos |
Comisión de transacción | Comisión de transacción Sin datos | Comisión de transacción Sin datos |
Rentabilidad minera | Rentabilidad minera medium | Rentabilidad minera medium |
Algoritmo | Algoritmo Sin datos | Algoritmo Sin datos |
Tipo de prueba | Tipo de prueba PoS | Tipo de prueba Sin datos |
Totalmente preminado | Totalmente preminado Sin datos | Totalmente preminado Sin datos |
Dirección de contrato inteligente | Dirección de contrato inteligente Sin datos | Dirección de contrato inteligente Sin datos |
Total de monedas extraídas | Total de monedas extraídas 190688439.00000 | Total de monedas extraídas Sin datos |
Es el comercio | Es el comercio yes | Es el comercio Sin datos |
Recompensa de bloque | Recompensa de bloque 0.000000000000 | Recompensa de bloque Sin datos |
Tiempo de bloque | Tiempo de bloque Sin datos | Tiempo de bloque Sin datos |
cosmos.network | ionomy.com |
@cosmos | @ionomics |
Sitio web | Sitio web cosmos.network | Sitio web ionomy.com |
---|---|---|
Twitter @cosmos | Twitter @ionomics |
Can bring passive income Has credible use cases | Rewards and bounties Multi-asset exchange |
Problems with staking | Narrow focus |
User rating | User rating 4 reseñas de los usuarios | User rating 3 reseñas de los usuarios |
---|---|---|
Cryptogeek rating | Cryptogeek rating | Cryptogeek rating |
Ventajas | Ventajas Can bring passive income Has credible use cases | Ventajas Rewards and bounties Multi-asset exchange |
Desventajas | Desventajas Problems with staking | Desventajas Narrow focus |
La calificación de Cosmos (ATOM) es 5, basada en 4 opiniones de usuarios. La calificación de los usuarios de ION (ION) es 4.3, basada en 3 opiniones de los usuarios.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.
Elegimos al ganador basado en nuestra calificación de confianza ¡Por favor recuerde, todavía depende de usted que empresa elegir! ¿Cómo calculamos el puntaje de confiaza? |
ION has poor media coverage and is almost not available on the exchanges. It is very hard to estimate its future price trajectory. The market performance of ION doesn't correlate with the statements on the project's website (one of the leading blockchains). All in all, it seems that Cosmos is a more robust platform. It's understood that the features-wise the platforms are not the same and in some instances ION can be a better choice than Cosmos. However, it is 100% clear that Cosmos is a much more successful project.
Today, we will compare two coins built on the same blockchain (Cosmos). First is the native coin of the Cosmos platform (ATOM) and the second one is one of the projects built on Cosmos, ION. They have different use cases and way different levels of popularity and availability on exchanges. However, there are people on the Internet, who want to compare these two coins. Read this article to understand what these coins are and which one of them is a better project for your purposes.
ATOM is a cryptocurrency serving as a fuel for the Cosmos Hubs platform. The latter is a decentralized ecosystem whose prime purpose is bridging different blockchains. As the platform consensus is based on Proof-of-Stake algorithm, ATOM is needed for staking and validation of transactions.
Apart from channeling cross-chain transactions, Cosmos is used for building decentralized apps, launching new tokens, in-game collectibles, and more. To much, Cosmos resembles the functionality of Ethereum and its countless "killers". Unlike Ethereum, Cosmos is designed to work cheaper and faster.
The Cosmos whitepaper saw the light of day in 2016. As of July 2022, the ATOM token is among the industry leaders, occupying the 28th position by market cap which equals $3.1 billion. The current ATOM price is over $10.
ION is a primary coin in the blockchain ecosystem of the same name. The ION ecosystem utilizes the hybrid consensus mechanism combining Proof-of-Stake and Proof-of-Work algorithms. This move is aimed at maximizing security of the network. The ION coin is used for the network's tokenomics and as a part of the staking process.
The ION network is mostly used for hosting games. ION allows devs to create in-game tokens. Through Jinx, gamers can earn (and lose) crypto while playing games. The ION team believes it should make gaming more engaging.
The ION coin hit the market in 2016. At some point in 2018, the price was over $5, however, nowadays, ION coins are much cheaper. As of July 2022, the ION price is around $0.005 while the market cap is a bit over $70k. ION is quite far from the top coins, however, the ION ecosystem continues its development.
Factor | Cosmos (ATOM) | ION (ION) |
The price as of July 2022 | $10 | $0.005 |
Market cap as of July 2022 | $3 billion | $70,000 |
Rank as of July 2022 | #28 | #2,300 |
All-time high | $44.45 (January 17, 2022) | $5,265.15 (April 10, 2022) |
Decline (compared to all-time high) | 76.3% | 100% |
All-time low | $1.16 (March 13, 2020) | $0.002414 (August 21, 2021) |
Growth (compared to an all-time low) | 809.9% | 111.77% |
Popular markets | Binance, Coinbase, KuCoin, Gate.io, Huobi Global | Crex24, SafeTrade |
Platform | Cosmos Hubs | Cosmos Hubs |
Consensus mechanism | PoS | PoS and PoW |
Products | Marketplace, Security Provider, Custodian, Router | Game Grid, ATP framework, Jinx framework, Game dock, POTX |
Use cases | dapps, smart contracts, interchain connectivity | data processing, verification |
The price and the market cap
As for price and market cap, Cosmos (ATOM) goes much further than ION. Cosmos is one of the leaders on the crypto market while ION is not even in the top 1000 of coins. We can't compare these coins by these parameters.
Popular markets
Cosmos (ATOM) is way more accessible than ION. ATOM is a popular cryptocurrency available on many well-known exchanges while ION is traded on a couple of little-known platforms.
Platform
ATOM is based on its own blockchain while ION is a part of Cosmos ecosystem. In some way, ION depends on the Cosmos success.
Consensus mechanism
Both coins are based on PoS. However, ION relies on a more complex system that combines PoS and PoW. It creates more opportunities for the platform users and allegedly increases the safety level. On the other hand, it can turn away some people because they would prefer to use a platform with a more familiar consensus algorithm.
Products
Cosmos provides products that can be used for trading, protecting coins, and other activity related to crypto markets. ION network is good for a broader number of use cases as ION Core is dealing with all kinds of activity associated with authentication and processing and protecting data.
Use cases
Cosmos seems to be a good choice for those who build decentralized apps or look for the cross-chain solutions. ION better fits those who work in the gaming industry or deal with data and online identification. Both brands are used in their respective fields.