This article compares two cryptocurrencies from the top 50 list of cryptos ranked by market cap. These coins are Cosmos (ATOM) and Tezos (XTZ). Both of them emerged after the crypto market decline that took place in early 2018 and managed to quickly gain a strong presence among the leaders of the industry. Both networks are based on a proof-of-stake consensus mechanism. Tezos and Cosmos are focused on providing users with a scalable blockchain-based network to solve the well-known issues of Bitcoin and Ethereum. Let's see which of the coins seems to be a worthier investment.
Cosmos (ATOM) is a native token of the Cosmos Hubs blockchain network. The latter aims to build a decentralized ecosystem hosting smart contracts, services, apps, etc. Unlike Ethereum, which has similar functionality, Cosmos was created with scalability and eco-friendliness in mind, so instead of PoW, it relies on PoS. The Cosmos Hubs platform is designed to be faster and cheaper than Ethereum. The fee is $0.01, and the transaction time is 7 seconds.
One can use Cosmos to build financial applications, in-game tokens, and entire online organizations holding digital assets on-chain. More than that, Cosmos offers a number of services. First off, Cosmos has a native decentralized crypto exchange. Another service is called Custodian. It can be used for crypto coins storage and management of accounts associated with different blockchains. One more service is called Router. It provides IBC connections that bridge different blockchains.
Cosmos was conceived in 2014, although at that moment, it was a bit different project with a different name. In 2016, the platform team released a Cosmos whitepaper. The current CEO of Cosmos is Peng Zhong. As of July 19, 2022, the ATOM price is over $10. The market cap is nearly $3 billion, which makes it the 28th most significant market cap in the industry.
Tezos (XTZ) is a native token of the blockchain network of the same name. The Tezos blockchain serves for creating and running smart contracts, decentralized apps, financial operations, etc. In many aspects, Tezos resembles Ethereum. However, the former is designed to avoid the issues of the latter. Scalability, expensive transactions, and operational speed are well-known issues of Ethereum. More than that, Tezos has a structure that can be easily changed and improved without the need to go through a hard fork process. Instead, Tezos relies on self-amendment, which is more seamless and cheaper than hard forks.
The special staking (validating) process on Tezos is called "baking." Baking incentivizes the Tezos users to participate in blockchain governance in exchange for rewards. The platform is secured with a Proof-of-stake mechanism.
The project was initiated in 2014. It took several years to launch Tezos. The XTZ tokens hit the market in 2018. As of July 19, 2022, the XTZ price is nearly $1.7 while the market cap exceeds $1.5 billion making the coin the 41st biggest crypto by market cap.
Factor | Cosmos | Tezos |
The price as of July 2022 | $10 | $1.7 |
Market cap as of July 2022 | $3 billion | $1.5 billion |
Rank as of July 2022 | #28 | #41 |
All-time high | $44.45 (January 17, 2022) | $9.12 (October 4, 2021) |
Decline (compared to all-time high) | 76.3% | 80.6% |
All-time low | $1.16 (March 13, 2020) | $0.35 (December 7, 2018) |
Growth (compared to an all-time low) | 809.9% | 404% |
Popular markets | Binance, Coinbase, KuCoin, Gate.io, Huobi Global | Binance, Coinbase, KuCoin, Gate.io, Huobi Global |
Platform | Cosmos Hubs | Tezos |
Consensus mechanism | PoS | PoS |
Products | Marketplace, Security Provider, Custodian, Router | Tezos wallet |
Use cases | dapps, smart contracts, interchain connectivity | dapps, smart contracts, partnership with Societe Generale |
The price and the market cap
Both coins became available for traders at about the same time. ATOM has nearly twice as much market cap as Tezos and a significantly higher price. We can conclude that by this measure, ATOM is superior to Tezos.
Popular markets
Tezos and ATOM are traded on the same exchanges. Both coins have little traction on Kraken and are mostly traded on Binance and Coinbase. KuCoin is also an important exchange for both brands. In general, we can't say that any of these coins have an advantage in terms of availability on exchanges.
Platform
Both networks are based on custom branded blockchains. It makes these platforms equally independent.
Consensus mechanism
Both platforms utilize the PoS consensus mechanism. It is eco-friendly and quite popular, although some people criticize PoS for several reasons. Tezos has a somewhat unique approach to PoS, incorporating the baking concept. It can turn some newbies away as it sounds unfamiliar. On the other hand, some might find baking a more convenient process than regular staking. So we can't say that any of these coins is a better choice by this parameter. It depends.
Products
Cosmos has already created several products (Custodian, Router, etc.) while Tezos is slightly behind. On the other hand, dozens of products are built on top of Tezos. These projects are diverse, and in many aspects, they are closely associated with the Tezos platform, baking, and so on. Still, we should admit that the Cosmos team seems to be more prolific.
Use cases
Use cases of Cosmos and Tezos are pretty similar. Cosmos has the unique function of bridging different blockchains. Tezos is not busy doing something like that. However, Tezos is a partner of the French bank called Societe Generale, which is a decent use case for any cryptocurrency platform. We can't say that one of these use cases is more important than the other. Both platforms are solid projects, and they are undoubtedly among the leaders for a reason.
Empresa |
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4 avaliações do usuário | 4 avaliações do usuário |
O Cosmos é uma rede que conecta diferentes livros distribuídos. Isso significa que o Cosmos ajuda a processar operações entre blocos. O algoritmo de consenso usado pelo Cosmos é a Prova de Participação. Atualmente, os validadores do ecossistema Cosmos estão formando um protocolo de Comunicação Inter-Blockchain (IBC). O token nativo do sistema Cosmos é ATOM.
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O Tezos é uma plataforma de contrato inteligente com seu próprio blockchain e um token nativo (Tezos, XTZ). A governança é realizada pelo algoritmo de Prova de Jogo. Isso significa que as partes interessadas (aquelas que possuem pelo menos 10.000 XTZ) votam em alterações no protocolo. Esses validadores ("padeiros") recebem recompensas pelo desempenho da validação. As recompensas são geradas via inflação. Aqueles que delegam seu XTZ a padeiros também podem ganhar. O Tezos possui um mecanismo interno de "auto-correção" que possibilita moldar a rede sem a necessidade de fazer garfos. Mantém a comunidade unida e facilita o processo de desenvolvimento.
|
coin | coin |
2016 | 2016 |
Switzerland | USA |
Sem dados | Sem dados |
Not Public | Public |
Private blockchain | Public blockchain |
6.3264 | 1.2352 |
8.3100 | 4.4600 |
-2.99 | -3.32 |
37538227.01770 | 5067110.56716 |
Sem dados | Sem dados |
Sem dados | Sem dados |
Sem dados | Sem dados |
428400832.98762 | 1040390575.32570 |
4000 | 15 |
Sem dados | Sem dados |
Sem dados | Sem dados |
Sem dados | Sem dados |
PoS | DPoS |
Sem dados | Sem dados |
Sem dados | Sem dados |
190688439.00000 | 810904882.00580 |
yes | yes |
0.000000000000 | 0.000000000000 |
Sem dados | Sem dados |
Empresa | ||
---|---|---|
User rating | 4 avaliações do usuário | 4 avaliações do usuário |
Cryptogeek rating | ||
Pontuação de Confiança Como funciona |
Sobre |
O Cosmos é uma rede que conecta diferentes livros distribuídos. Isso significa que o Cosmos ajuda a processar operações entre blocos. O algoritmo de consenso usado pelo Cosmos é a Prova de Participação. Atualmente, os validadores do ecossistema Cosmos estão formando um protocolo de Comunicação Inter-Blockchain (IBC). O token nativo do sistema Cosmos é ATOM.
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O Tezos é uma plataforma de contrato inteligente com seu próprio blockchain e um token nativo (Tezos, XTZ). A governança é realizada pelo algoritmo de Prova de Jogo. Isso significa que as partes interessadas (aquelas que possuem pelo menos 10.000 XTZ) votam em alterações no protocolo. Esses validadores ("padeiros") recebem recompensas pelo desempenho da validação. As recompensas são geradas via inflação. Aqueles que delegam seu XTZ a padeiros também podem ganhar. O Tezos possui um mecanismo interno de "auto-correção" que possibilita moldar a rede sem a necessidade de fazer garfos. Mantém a comunidade unida e facilita o processo de desenvolvimento.
|
---|---|---|
Tipo | Tipo coin | Tipo coin |
Data de fundação | Data de fundação 2016 | Data de fundação 2016 |
País | País Switzerland | País USA |
Idiomas | Idiomas Sem dados | Idiomas Sem dados |
Time | Time Not Public | Time Public |
Protocolo | Protocolo Private blockchain | Protocolo Public blockchain |
Preço atual (USD) | Preço atual (USD) 6.3264 | Preço atual (USD) 1.2352 |
Recorde histórico (USD) | Recorde histórico (USD) 8.3100 | Recorde histórico (USD) 4.4600 |
Mudança de Preço (24h) | Mudança de Preço (24h) -2.99 | Mudança de Preço (24h) -3.32 |
Volume (24h) | Volume (24h) 37538227.01770 | Volume (24h) 5067110.56716 |
Hashrate | Hashrate Sem dados | Hashrate Sem dados |
Estoque Máximo | Estoque Máximo Sem dados | Estoque Máximo Sem dados |
Oferta total | Oferta total Sem dados | Oferta total Sem dados |
Estoque em Circulação | Estoque em Circulação 428400832.98762 | Estoque em Circulação 1040390575.32570 |
Velocidade de transação/ Tempo de Bloco | Velocidade de transação/ Tempo de Bloco 4000 | Velocidade de transação/ Tempo de Bloco 15 |
Taxa de transação | Taxa de transação Sem dados | Taxa de transação Sem dados |
Rentabilidade de mineiração | Rentabilidade de mineiração medium | Rentabilidade de mineiração medium |
Algoritmo | Algoritmo Sem dados | Algoritmo Sem dados |
Tipo de prova | Tipo de prova PoS | Tipo de prova DPoS |
Totalmente pré-definido | Totalmente pré-definido Sem dados | Totalmente pré-definido Sem dados |
Endereço de contrato inteligente | Endereço de contrato inteligente Sem dados | Endereço de contrato inteligente Sem dados |
Total de moedas extraídas | Total de moedas extraídas 190688439.00000 | Total de moedas extraídas 810904882.00580 |
Está negociando | Está negociando yes | Está negociando yes |
Recompensa de bloco | Recompensa de bloco 0.000000000000 | Recompensa de bloco 0.000000000000 |
Hora do bloco | Hora do bloco Sem dados | Hora do bloco Sem dados |
cosmos.network | www.tezos.com |
@cosmos | Tezos |
Site | Site cosmos.network | Site www.tezos.com |
---|---|---|
Twitter @cosmos | Twitter Tezos |
Can bring passive income Has credible use cases | Has impressive on-chain governance Self-amending blockchain Secure smart contract programming language |
Problems with staking | ICO was followed by delays Young ledger High-risk investment |
User rating | User rating 4 avaliações do usuário | User rating 4 avaliações do usuário |
---|---|---|
Cryptogeek rating | Cryptogeek rating | Cryptogeek rating |
Vantagens | Vantagens Can bring passive income Has credible use cases | Vantagens Has impressive on-chain governance Self-amending blockchain Secure smart contract programming language |
Desvantagens | Desvantagens Problems with staking | Desvantagens ICO was followed by delays Young ledger High-risk investment |
A avaliação de Cosmos (ATOM) usuários é de 5, com base em 4 avaliações de usuários. A avaliação de Tezos (XTZ) usuários é de 4.5, com base em 4 avaliações de usuários.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.
Escolhemos o vencedor com base em nossa classificação da Pontuação de Confiança. Lembre-se de que ainda depende de você qual empresa escolher! Como calculamos a Pontuação de Confiança? |
Both coins are doing well and represent ambitious and robust ecosystems. It seems that Cosmos is developing faster than Tezos, both market- and platform-wise. However, Tezos has several unique traits, so Cosmos can't be a 100% replacement for Tezos. Both projects are suitable for their own reasons. Now, as you know more about them, you can decide which of these coins looks like a better investment.
This article compares two cryptocurrencies from the top 50 list of cryptos ranked by market cap. These coins are Cosmos (ATOM) and Tezos (XTZ). Both of them emerged after the crypto market decline that took place in early 2018 and managed to quickly gain a strong presence among the leaders of the industry. Both networks are based on a proof-of-stake consensus mechanism. Tezos and Cosmos are focused on providing users with a scalable blockchain-based network to solve the well-known issues of Bitcoin and Ethereum. Let's see which of the coins seems to be a worthier investment.
Cosmos (ATOM) is a native token of the Cosmos Hubs blockchain network. The latter aims to build a decentralized ecosystem hosting smart contracts, services, apps, etc. Unlike Ethereum, which has similar functionality, Cosmos was created with scalability and eco-friendliness in mind, so instead of PoW, it relies on PoS. The Cosmos Hubs platform is designed to be faster and cheaper than Ethereum. The fee is $0.01, and the transaction time is 7 seconds.
One can use Cosmos to build financial applications, in-game tokens, and entire online organizations holding digital assets on-chain. More than that, Cosmos offers a number of services. First off, Cosmos has a native decentralized crypto exchange. Another service is called Custodian. It can be used for crypto coins storage and management of accounts associated with different blockchains. One more service is called Router. It provides IBC connections that bridge different blockchains.
Cosmos was conceived in 2014, although at that moment, it was a bit different project with a different name. In 2016, the platform team released a Cosmos whitepaper. The current CEO of Cosmos is Peng Zhong. As of July 19, 2022, the ATOM price is over $10. The market cap is nearly $3 billion, which makes it the 28th most significant market cap in the industry.
Tezos (XTZ) is a native token of the blockchain network of the same name. The Tezos blockchain serves for creating and running smart contracts, decentralized apps, financial operations, etc. In many aspects, Tezos resembles Ethereum. However, the former is designed to avoid the issues of the latter. Scalability, expensive transactions, and operational speed are well-known issues of Ethereum. More than that, Tezos has a structure that can be easily changed and improved without the need to go through a hard fork process. Instead, Tezos relies on self-amendment, which is more seamless and cheaper than hard forks.
The special staking (validating) process on Tezos is called "baking." Baking incentivizes the Tezos users to participate in blockchain governance in exchange for rewards. The platform is secured with a Proof-of-stake mechanism.
The project was initiated in 2014. It took several years to launch Tezos. The XTZ tokens hit the market in 2018. As of July 19, 2022, the XTZ price is nearly $1.7 while the market cap exceeds $1.5 billion making the coin the 41st biggest crypto by market cap.
Factor | Cosmos | Tezos |
The price as of July 2022 | $10 | $1.7 |
Market cap as of July 2022 | $3 billion | $1.5 billion |
Rank as of July 2022 | #28 | #41 |
All-time high | $44.45 (January 17, 2022) | $9.12 (October 4, 2021) |
Decline (compared to all-time high) | 76.3% | 80.6% |
All-time low | $1.16 (March 13, 2020) | $0.35 (December 7, 2018) |
Growth (compared to an all-time low) | 809.9% | 404% |
Popular markets | Binance, Coinbase, KuCoin, Gate.io, Huobi Global | Binance, Coinbase, KuCoin, Gate.io, Huobi Global |
Platform | Cosmos Hubs | Tezos |
Consensus mechanism | PoS | PoS |
Products | Marketplace, Security Provider, Custodian, Router | Tezos wallet |
Use cases | dapps, smart contracts, interchain connectivity | dapps, smart contracts, partnership with Societe Generale |
The price and the market cap
Both coins became available for traders at about the same time. ATOM has nearly twice as much market cap as Tezos and a significantly higher price. We can conclude that by this measure, ATOM is superior to Tezos.
Popular markets
Tezos and ATOM are traded on the same exchanges. Both coins have little traction on Kraken and are mostly traded on Binance and Coinbase. KuCoin is also an important exchange for both brands. In general, we can't say that any of these coins have an advantage in terms of availability on exchanges.
Platform
Both networks are based on custom branded blockchains. It makes these platforms equally independent.
Consensus mechanism
Both platforms utilize the PoS consensus mechanism. It is eco-friendly and quite popular, although some people criticize PoS for several reasons. Tezos has a somewhat unique approach to PoS, incorporating the baking concept. It can turn some newbies away as it sounds unfamiliar. On the other hand, some might find baking a more convenient process than regular staking. So we can't say that any of these coins is a better choice by this parameter. It depends.
Products
Cosmos has already created several products (Custodian, Router, etc.) while Tezos is slightly behind. On the other hand, dozens of products are built on top of Tezos. These projects are diverse, and in many aspects, they are closely associated with the Tezos platform, baking, and so on. Still, we should admit that the Cosmos team seems to be more prolific.
Use cases
Use cases of Cosmos and Tezos are pretty similar. Cosmos has the unique function of bridging different blockchains. Tezos is not busy doing something like that. However, Tezos is a partner of the French bank called Societe Generale, which is a decent use case for any cryptocurrency platform. We can't say that one of these use cases is more important than the other. Both platforms are solid projects, and they are undoubtedly among the leaders for a reason.