What is Automata Network?
Automata Network is a decentralized service platform that provides a middleware layer of security for decentralized applications built on multiple blockchains. Automata allows anonymous voting and optimizes mineable liquidity. Automata uses the latest security and cryptography mechanisms, along with a trusted execution environment (TEE).
Automata is invested by reputable names such as KR1, Alameda Research, IOSG Ventures, Divergence Capital, Genesis Block Ventures, and Jump Trading.
Key features of Automata Network
Witness
An off-chain voting solution, for voters who do not want to reveal their identity when participating in governance without gas fees. Voters can delegate voting rights to others. Witness supports Ethereum, Binance Smart Chain and other EVM compatible chains.
Witness has the following features:
- No gas fees: off-chain voting without gas fees.
- On-chain execution: the on-chain contract will be activated based on the voting results.
- Privacy: users can adjust and choose between different levels of security, from public voting to private voting. With private voting, only the voting results are published, except for the voter’s identity and the number of votes.
- Delegation: users can authorize other users to vote.
Conveyor
Minimize extractable value of mining by ensuring a fair order of transaction processing.
Conveyor has below functions:
- Anti-front-running: some trading pairs supported by Conveyor will be resistant to front-running transactions.
- Secure transaction order: transaction order is kept private until decided and unchangeable. No one, not even the hosting nodes, knows the order in which a transaction is executed before it is announced.
ATA Token
ATA is Automata Network’s utility token, used in the following cases:
- Governance: ATA holders can vote for proposals regarding of platform features and network parameters.
- Mining rewards: computer and storage miners will get rewarded in ATA tokens for running applications and processing user transactions.
- Payment: users pay for the storage and computation on the network.
- Auction participation: users can link ATA tokens to participate in Geode auction.
Specifications
- Ticker: ATA
- Blockchain: Ethereum, Binance Smart Chain
- Token standard: ERC-20, BEP-20
- Total supply: 1,000,000,000
- Circulating supply: 172,252,000.00 ATA
ATA token Price today
How to buy ATA
Automata Network (ATA) has been listed on Attlas Exchange.
Traders can easily and securely buy ATA with lowest fees on Attlas Exchange.
Step 1: Download the app and register an account
Step 2: Select Market on the toolbar at the main screen
Step 3: Select Spot
Step 4: Find ATA
Step 5: Select Buy
Summary
This article is an overview of Automata Network (ATA), not a financial advise.
Users are advised to do their own research before making any trading decisions.