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.

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The current market cap of Automata Network is £425.422K. A high market cap implies that the asset is highly valued by the market.

The all-time high of Automata Network is £1.91. This all-time high is highest price paid for Automata Network since it was launched.

Over the last 24 hours, the trading volume of Automata Network is £428.118K.

Assets that have a similar market cap to Automata Network include MetaCene, Deeper Network, OSCAR, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Automata Network is 971 million.

Automata Network ranks 406 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

Currently, 80% of Coinbase users are buying Automata Network. In other words, 80% of Coinbase customers have increased their net position in Automata Network over the past 24 hours through trading.