Validity
Validity
VAL
#1454
$0.97 USD
8.33% (1d)Markedsværdi | $4.96M |
Volumen (24t) | $2.32M |
FDV | $8.75M |
Vol/Mkt Cap (24t) | 46.80% |
Samlet udbud | $5.11M |
Maks. udbud | $9.00M |
Cirkulerende udbud | $5.10M |
Information
Website |
$0.97
(-0.93%)$1.21
$0.97
(7.19%)$1.21
The Validity technology suite has 2 main components: The Validity blockchain and the Validity Smartchain.
The Validity blockchain is a decentralized network that uses a proof of stake (PoS) consensus algorithm. People can stake their VAL coins in the Validity wallet and receive VAL coins as a reward for helping secure the network.
The Validity Smartchain is a second layer built on top of the Validity blockchain. It helps with scaling and provides advanced utilities. VAL is used to pay for these utilities which include: Decentralized Identities (DID), Non Fungible Tokens (NFTs), Social and Reputation Tokens, File Signing and Verification, Decentralized Elections and Voting, etc.
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