• Dapps: 16.23K
  • Blockchains: 78
  • Active users: 66.47M
  • 30d volume: $303.26B
  • 30d transactions: $879.24M

Automata Network: Overview of a Decentralized Privacy Service for dApps

user avatar

by

3 hours ago


Automata Network offers decentralized services for ensuring privacy and secure computation on Ethereum and Polkadot blockchains.

What is Automata (ATA)?

Automata Network was founded by industry professionals and researchers with experience from Zilliqa, LongHash, and the National University of Singapore. Since its establishment in 2019, the platform received a Web3 Grant and participated in major initiatives such as the Web 3.0 Bootcamp and Berkeley Blockchain Xcelerator. It is backed by investors like KR1, Alameda Research, and Jump Trading.

Features and Capabilities of Automata Network

Automata Network provides privacy solutions for dApps, including Anonymous Voting and Miner Extractable Value (MEV) reduction. The main method, Conveyor, helps prevent front running by processing transactions in a predetermined order. Platform users can create and vote on proposals, platform upgrades, and network settings using ATA tokens. Miners earn rewards for performing computations and processing transactions.

Where to Buy ATA Coin?

Automata Coin can be securely traded on Binance, the world's largest cryptocurrency exchange. The token is available for trading in pairs like ATA/BTC, ATA/USDT, ATA/BNB, and ATA/BUSD.

Automata Network provides powerful tools for privacy and security in decentralized applications, positioning them as a unique player in the blockchain technology market.

0

Share

Other news

COTI Coin's Major Partnerships and Their Market Impact

COTI Coin strengthens its position with new partnerships in DeFi and Oracle sectors.

user avatar

a few seconds ago

How Trump's Election Victory Will Affect the Meme Coin Market?

Trump's election win in the US has driven growth in the crypto market, notably in meme coins.

user avatar

a few seconds ago

Eimantas Barauskas on Monitok: The Hybrid Exchange Transforming the Market

Eimantas Barauskas discusses Monitok's key features, achievements, and market position.

user avatar

22 minutes ago

COTI Coin forges important partnerships: a new era of growth

COTI Coin announced significant partnerships with leading protocols, potentially driving cryptocurrency growth.

user avatar

23 minutes ago

Grass Reaches Record Highs Following Successful Airdrop

Grass cryptocurrency has soared by 2405% post-airdrop, capturing significant market attention.

user avatar

23 minutes ago

OpenAI Triumphs in Copyright Lawsuit

OpenAI successfully defended against copyright infringement claims by news outlets in court.

user avatar

23 minutes ago

dapp expert logo
© 2020-2024. DappExpert. All rights reserved.
© 2020-2024. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.