Validity
Validity
VAL
#1507
$0.61 USD
-1.06% (1d)Marknadsvärde | $3.11M |
Volym (24h) | $14.66K |
FDV | $5.49M |
Vol/Marknadsvärde (24h) | 0.47% |
Total tillgång | $5.11M |
Max tillgång | $9.00M |
Cirkulerande tillgång | $5.10M |
Information
Website |
$0.61
(1.49%)$0.62
$0.61
(3.28%)$0.64
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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