Automata Network ATA Price $ 0.203

Automata Network is a blockchain-based project that operates as a privacy middleware layer. It is built especially for dApps within the Web3 environment and enables a selection of privacy-providing tools. This includes Anonymous Voting and MEV (Maximal Extractable Value). The protocol aims to capitalize on the market demand for privacy-centric DeFi applications. The project has been developed by industry veterans with the aim to solve problems related to privacy. 

ATA is the project's native token. There is a maximum supply of 1,000,000,000 $ATA.

What are Automata Network’s key features and how does it work?

The Automata Network has 3 solutions geared toward improving blockchain privacy; witness, conveyor, and librarian:

• Automata Witness consists of a voting mechanism that can be customized with privacy features, it is designed for use across decentralized applications on a number of blockchains. Witness’ features include the ability to set privacy levels by project owners, low costs, and Chainhook. Chainhook facilitates automatic on-chain execution of tasks based on voting results.
• Conveyor consists of an MEV Minimization solution. The technology arranges transactions into a set order. This makes it impossible for malicious actors to inject new transactions into its output, or delete ordered transactions.
• Librarian facilitates no-tracking data indexing. This means that malicious actors cannot exploit the transparency of public blockchains and gather sensitive information.

The Automata Network is operated by various roles. These are:

• Geode, compute nodes, that are shielded and isolated computation environments;
• Geode Providers are nodes that host the Geode network, they receive rewards for their work;
• Geode Attestors ensure the integrity of the verification process. They assess the quality of the hardware and software of nodes;
• Validators, which are staking nodes, take part in the Proof-of-Stake consensus mechanism to secure the protocol;
• Control Planes manage the marketplaces for Geodes, as well as managing nodes, for example, distributing rewards;
• Compute Planes are where Geodes accept and complete work tasks;
• Service Planes are involved in the privacy of the network. They build and integrate privacy solutions into applications.

What can ATA be used for?

ATA is Automata’s native token, it is predominantly a utility token. It can be used to take part in the platform’s Proof-of-Stake consensus mechanism, as payment for gas fees, staking, governance voting, and also geode auctions. 

Where can you buy ATA?

ATA is available for trading on the following CEXs and DEXs listed here. The most popular platforms with the highest liquidity are Binance, Gate.io, and KuCoin. The price of ATA will vary depending on the choice of exchange and overall market conditions. For up-to-date and historic data for ATA market price, please view the price charts on this page.