Get up to $200 for getting started
Coinbase Logo
Sign in
Automata Network logo

Automata Network

ATA

4.3

Price
$0.14
9/25/2022, 2:41:26 AM
diamondHands

Trade Automata Network today

Create a Coinbase account to buy and sell Automata Network on the most secure crypto exchange.

Market

Market stats

Market cap

$23.9M

Volume (24h)

$1.4M

Circulating supply

172.3M ATA

Typical hold time

5 days

Popularity

#170

All time high

$2.55

Price change (1h)

-0.21%

Price change (24h)

-0.71%

Price change (7d)

-5.92%

Trading activity

0% Buy0% Buy
100% Sell100% Sell

Sign up now to get up to $400 in rewards

Coinbase users can earn up to $400 on average just by taking advantage of our rewards. Get started now.

congratulationsOnEarningCrypto

Automata Network is on the decline this week.

The price of Automata Network has fallen by 5.92% in the past 7 days. The price declined by 0.71% in the last 24 hours. In just the past hour, the price shrunk by 0.21%. The current price is $0.1385 per ATA. Automata Network is 94.57% below the all time high of $2.55.

The current circulating supply is 172,252,000 ATA.

About

ATA is an Ethereum token that powers Automata, a suite of privacy solutions for decentralized applications. Automata solutions include Witness (a private voting solution for DAOs), Conveyor (enabling MEV prevention for dapps), and Librarian (enabling privacy for data query and indexing on public blockchains). In the future, Automata plans to transition to a “Nominated Proof of Stake” network where ATA will be used for staking, paying transaction fees, and voting on the future of the network.

What Is Automata Network (ATA)?

Automata Network (ATA) offers private web services for decentralized applications (DApps) on the Web3. Web3 refers to a blockchain technology-based decentralized internet. The Automata Network empowers DApps and businesses with high-assurance, smooth, and decentralized transactions. Furthermore, the mission of Automata is to provide all the necessary features and infrastructure to make the Web3 vision a reality.

Automata Network (ATA) provides private governance to its users. Users can vote without disclosing their identity or preference in blockchain governance. Moreover, MEV minimization is a feature that does not allow anyone to view or influence the order of events on the blockchain.

According to the light paper, Automata Validators and Automata Geode are the two types of nodes joining the Automata Network to improve the protocol’s performance. A node is a computer connected to the blockchain network to execute certain functions.

The Automata Validator is required to stake a reasonable number of tokens. Moreover, the validator controls various control-plane tasks, e.g., rewarding Geodes that complete the tasks. On the other hand, an Automata Geode provides a fair, secure, and simple computation environment to execute tasks. In addition, Geodes can work with data on different blockchains while maintaining privacy.

The Automata Network (ATA) envisions providing multiple features to DApps in addition to the token-related activities. The network offers its users four planes: ledger, compute, control, and service plane. Automata also offers a privacy-first, multi-blockchain service plane that empowers decentralized applications with privacy services.

Service vendors can develop tooling services using Geode into Dapps. These services allow users to have complete control over their data. Furthermore, a shielded and unbiased compute plane is another plane Automata offers to its users. It uses Geode computation for improved privacy for its users. The Geode hides the data access patterns from the hosting nodes, thus keeping the data safe and secure.

Furthermore, an elastic and scalable control plane is another plane that safeguards the entire protocol. It also controls the interactions between multiple participants in the protocol. Moreover, the Genode providers and Automata Validators can earn rewards for staking and hosting. And lastly, the network provides tooling for developers to build advanced decentralized applications without restrictions.

Related Assets

Trending assets

Assets with the biggest change in unique page views on coinbase.com over the past 24 hours.

Popular cryptocurrencies

A selection of cryptocurrencies in the top 50 by market cap.

Recently added

A selection of the most recently added cryptocurrencies.

Comparable market cap

Of all the assets on Coinbase, these 8 are the closest to Automata Network in market cap.

FAQ

What is the current price of Automata Network?

The price of 1 Automata Network currently costs $0.14.

What is the market cap of Automata Network?

The current market cap of Automata Network is $23.86M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Automata Network?

The all-time high of Automata Network is $2.55. This all-time high is highest price paid for Automata Network since it was launched.

What is the 24 hour trading volume of Automata Network?

Over the last 24 hours, the trading volume of Automata Network is $1.39M.

What other assets are similar to Automata Network?

Assets that have a similar market cap to Automata Network include Misbloc, LeverFi, Nestree, and many others. To see a full list, see our comparable market cap assets.

How many Automata Network are there?

The current circulating supply of Automata Network is 172 million.

What is the typical holding time of Automata Network?

The median time that Coinbase customers hold Automata Network before selling it or sending it to another account or address is 5 days.

What is the relative popularity of Automata Network?

Automata Network ranks 212 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

Coinbase Bytes

The week’s biggest crypto news, sent right to your inbox

Coinbase Bytes article