Automata

ATA Price

About Automata Network

Automata Network is a modular attestation layer that extends machine trust to Ethereum with TEE Coprocessors. Its Multi-Prover AVS bootstrap TEE Committees to harden security for rollups with a secondary TEE Prover.

What is Automata Network?

Automata Network (ATA) is redefining privacy and security in the blockchain space with its modular attestation layer, enhancing machine trust on Ethereum through TEE Coprocessors. This innovative approach integrates features like Conveyor, Intel SGX, and App-Specific Rollup, offering robust solutions for decentralized applications. By leveraging TEE technology, Automata Network ensures data integrity and confidentiality, crucial for secure blockchain operations.

The network's architecture includes a Multi-Prover AVS, which bootstraps TEE Committees to fortify security for rollups using a secondary TEE Prover. This setup is pivotal in maintaining the integrity of transactions and computations on the blockchain. Automata Network has also made strides by launching on Optimism's OP Stack, further expanding its reach and capabilities in the Ethereum ecosystem.

Community engagement is a significant aspect of Automata Network, with a substantial following of 21.6K on Twitter, reflecting its growing influence and adoption. The network's commitment to privacy and security is evident in its continuous development and integration of advanced technologies, positioning it as a key player in the blockchain industry.

What is the technology behind Automata Network?

Automata Network (ATA) stands out in the blockchain landscape with its innovative approach to enhancing security and privacy. At its core, Automata Network operates as a modular attestation layer, which is a sophisticated system designed to verify and validate transactions and operations. This layer extends machine trust to Ethereum, one of the most widely used blockchain platforms, by utilizing Trusted Execution Environment (TEE) Coprocessors. These coprocessors are specialized hardware components that provide a secure area of the main processor, ensuring that sensitive data and operations are protected from unauthorized access and tampering.

The use of TEE Coprocessors is crucial in preventing attacks from bad actors. By isolating sensitive computations within a secure enclave, TEE ensures that even if the main operating system is compromised, the data and processes within the enclave remain secure. This is akin to having a secure vault within a building, where even if the building is breached, the contents of the vault remain protected. This technology is particularly important in the blockchain world, where the integrity and confidentiality of transactions are paramount.

Automata Network further enhances its security framework with the Multi-Prover Anonymous Voting System (AVS). This system bootstraps TEE Committees to fortify security for rollups, which are a method of scaling blockchains by processing transactions off-chain and then rolling them up into a single transaction on the main chain. The secondary TEE Prover acts as an additional layer of verification, ensuring that the rollup process is not only efficient but also secure. This layered approach to security is essential in maintaining the trust and reliability of blockchain networks, especially as they scale to accommodate more users and transactions.

Beyond security, Automata Network addresses privacy concerns, which are increasingly important in the digital age. By leveraging its modular attestation layer, the network provides solutions that allow users to maintain control over their data and interactions. This is achieved through privacy-preserving technologies that ensure user data is not exposed unnecessarily, aligning with the growing demand for privacy in digital transactions.

The technology behind Automata Network also supports decentralized applications (dApps) by providing a robust infrastructure that developers can rely on. This infrastructure is designed to be flexible and scalable, allowing developers to build applications that can handle a large number of users without compromising on security or performance. By offering a secure and private environment for dApps, Automata Network empowers developers to innovate and create solutions that meet the needs of a diverse user base.

In the broader context of blockchain technology, Automata Network's approach represents a significant advancement in how security and privacy are managed. By integrating TEE Coprocessors and a modular attestation layer, it provides a comprehensive solution that addresses some of the most pressing challenges in the blockchain space. This makes Automata Network a key player in the ongoing evolution of blockchain technology, as it continues to push the boundaries of what is possible in terms of secure and private digital interactions.

What are the real-world applications of Automata Network?

Automata Network (ATA) is a blockchain solution designed to enhance privacy, security, and efficiency within the decentralized ecosystem. By leveraging TEE Coprocessors, Automata Network extends machine trust to Ethereum, ensuring secure and private transactions. This technology is crucial for maintaining the integrity and confidentiality of data in blockchain applications, making it particularly valuable for industries that require high levels of security.

One of the standout applications of Automata Network is its role in the Web 3.0 ecosystem, where it protects privacy and fairness. This is achieved through services like 1RPC, a Web3 service protocol that enhances the security and privacy of decentralized applications. By providing a secure communication layer, Automata Network ensures that user data remains confidential and protected from malicious actors.

Automata Network also facilitates the creation of deterministic smart contracts, which are essential for executing reliable and predictable transactions on the blockchain. These smart contracts can be used in various sectors, including finance and supply chain management, to automate processes and reduce the risk of human error.

In addition, Automata Network supports asset tokenization, allowing real-world assets to be represented digitally on the blockchain. This capability opens up new opportunities for fractional ownership and trading of assets, making it easier for individuals and businesses to access and invest in a wide range of assets.

The network's modular attestation layer establishes hardware trust through machine attestations onchain, further enhancing the security of blockchain operations. This feature is particularly beneficial for rollups, where Automata Network's Multi-Prover AVS and TEE Committees work together to harden security with a secondary TEE Prover.

Moreover, Automata Network's integration with Golem, a peer-to-peer network for renting resources, showcases its versatility in the blockchain industry. By enabling resource sharing, Automata Network contributes to a more efficient and decentralized computing environment.

Where can you buy Automata?

ATA tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Automata is Gate.io, where the most active trading pair ATA/USDT has a trading volume of $1,916,561.64 in the last 24 hours. Other popular options include Binance and Hotcoin.

What is the daily trading volume of Automata (ATA)?

The trading volume of Automata (ATA) is $7,893,152.95 in the last 24 hours, representing a 34.30% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Automata (ATA)?

Automata (ATA) reached an all-time high of BTC0.00006478 and an all-time low of BTC0.0₆5631. It’s now trading -97.60% below that peak and 32.00% above its lowest price.

What is the market cap of Automata (ATA)?

Market capitalization of Automata (ATA) is BTC395.4075 and is ranked #794 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of ATA tokens (590 Million tokens are tradable on the market today).

What is the fully diluted valuation of Automata (ATA)?

The fully diluted valuation (FDV) of Automata (ATA) is BTC672.6997. This is a statistical representation of the maximum market cap, assuming the maximum number of 1 Billion ATA tokens are in circulation today. Depending on how the emission schedule of ATA tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Automata compare against its peers?

With a price decline of -19.10% in the last 7 days, Automata (ATA) is underperforming the global cryptocurrency market which is down -3.60%, while underperforming when compared to similar Polygon Ecosystem cryptocurrencies which are up 0.00%.

How to add Automata (ATA) to MetaMask?

Adding Automata (ATA) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import ATA as a token. You can copy ATA’s contract address (0xa2120b9e674d3fc3875f415a7df52e382f141225) and import it manually, or if you've installed MetaMask's chrome extension, add ATA to MetaMask with one click on CoinGecko.

Add ATA to MetaMask.