nonkyc
nonkyc
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Validity (VAL)
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Primary Markets (2 Active) - Total Market Volume: ~$9432
Liquidity Pools (0 Active) - Total Pool Liquidity: ~$0
About
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 in the Validity wallet and receive VAL 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.
Reserves Verification (Beta - we are still building automated signatures)
