Cosmos

Cosmos

Cosmos (Atom) can be accessed with the following coin types:

Environment	Coin Type	Faucet
Atom Production	atom
Atom Testnet	tatom	https://stakely.io/en/faucet/cosmos-atom

Native Asset

The Native asset of Cosmos Hub (the main blockchain in the Cosmos network) is Atom. It's used for staking, governance, and paying transaction fees with Cosmos Hub.

Generating wallets

To create a Cosmos wallet using BitGoJS:

Copy code block
1
2
3
4
5
6
7
8
9
10
11
bitgo
  .coin('tatom')
  .wallets()
  .generateWallet({
    label: 'My Test Wallet',
    passphrase: 'secretpassphrase1a5df8380e0e30',
  })
  .then(function (wallet) {
    // print the new wallet
    console.dir(wallet);
  });

To create a Cosmos wallet using the platform API:

Copy code block
1
2
3
4
5
6
7
8
LABEL="My Test Wallet"
PASSPHRASE="secretpassphrase1a5df8380e0e30"

curl -X POST \
-H "Content-Type: application/json" \
-H "Authorization: Bearer $ACCESS_TOKEN" \
-d "{ \"label\": \"$LABEL\", \"passphrase\": \"$PASSPHRASE\" }" \
http://$BITGO_EXPRESS_HOST:3080/api/v2/tatom/wallet/generate

Creating addresses

Copy code block
1
2
3
4
5
6
7
8
9
10
11
bitgo
  .coin('tatom')
  .wallets()
  .getWallet({ id: '585c51a5df8380e0e3082e46' })
  .then(function (wallet) {
    return wallet.createAddress();
  })
  .then(function (newAddress) {
    // print new address details
    console.dir(newAddress);
  });

Copy code block
1
2
3
4
5
WALLET=585c51a5df8380e0e3082e46

curl -X POST \
-H "Authorization: Bearer $ACCESS_TOKEN" \
https://app.bitgo-test.com/api/v2/tatom/wallet/$WALLET/address

Staking

• Cosmos supports staking. Cosmos uses a delegated proof-of-stake (DPoS) consensus mechanism. Atom holders can stake their tokens to validators.
• Validators participate in consensus to produce new blocks and validate transactions.
• By staking Atoms, holders can earn rewards.

Balances

Atom is the native asset of Cosmos. The base unit of Atom is uatom (microatom).

• 1 Atom = 1,000,000 uatom
• 1 uatom = 0.000001 Atom

To check the balance of a wallet:

Copy code block
1
2
3
const address = yield walletInstance.getAddress({ address: 'TTwW9apvyVL9EBqDVeTVDft15hf1Jnkpzy' });
const bal = address.balance;
return bal;

Tokens

Cosmos does not support tokens transactions.

Consolidation

We are supporting memo based addresses. Therefore, consolidation is not required.

Fee rate

The default gas fee is 0.35 uatom