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What is Automata coin (ATA) and how does it work?

by Financial Economy

Ata Coin is the native cryptocurrency of Automata Network, a service protocol created to provide privacy between decentralized applications, also known as Decentralized Applications. Ata Coin; It offers versatile uses such as permissionless indexing, miner extractable value minimization, and anonymous voting, while also providing high-level encryption and security in many areas. Detailed information about what is Automata coin (ATA), how does it work, how much it costs, how to buy, etc. is in the continuation of the content. Information about Ontology Gas coin (ONG) you can browse here.

What is Automata coin (ATA) and how does it work?

Automata Network, which is supported by various algorithms as well as computing technologies for user security and data privacy, was created in 2019 by researchers known in the crypto money industry.

ATA coin features can be listed as follows:

  • Decentralized Autonomous Organization i.e. DAO systems provide secret voting feature. DAO systems can be managed with computer codes without being connected to any center.
  • It provides the advantage of confidential messaging by establishing a strong encryption system between networks.
  • Queries on the network are kept private from all indexing. Thus, information security is ensured.
  • An extra layer of security is installed on decentralized exchanges. This allows users to make transactions more securely.
  • It offers the possibility of non-changeable data specific to Oracle, one of the largest software companies in the world.
  • It has the feature of being used with various applications. In this way, it gains the random feature and can be integrated into different areas.
  • It helps to shorten the processing time and get faster results by using it between multiple chains.
  • It provides protection to users in DeFi operations and prevents tampering.

Where to buy Automata coins? How much is the ATA coin price?

Automata coin can be purchased from crypto exchanges where it is listed. But it is necessary to make sure that the exchange is reliable. As of October 18, 2021, the price of 1 ATA coin is around $1.04, but as it is known, the price can change instantly.

Caution: The information contained in this content is for informational purposes only. It is not investment advice.

For information about crypto currency: https://en.wikipedia.org/wiki/Cryptocurrency

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