Validity

Validity
VAL
#1622
$0.72 USD
-1.25% (1d)Marktkapitalisatie | $3.69M |
Volume (24u) | $32.13K |
FDV | $6.51M |
Vol/Mkt Cap (24u) | 0.87% |
Totale Voorraad | $5.11M |
Max. Voorraad | $9.00M |
Circulerende Voorraad | $5.10M |
Informatie
Website |
$0.72
(-0.18%)$0.74
$0.72
(-0.50%)$0.75
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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