Validity is a platform that allows users to utilize cryptographic proofs to prove their identity while engaging online. Cryptographically controlled Identities, public voting, file signatures and proof-of-ownership, NFTs, virtualized worlds, and immutable text notes are among the increasing number of blockchain-secured capabilities available to Validity users.
Validity, previously branded as RadiumCore, has been helping people to create confidence in their digital presence since 2014. We have grown and weathered the test of time as an ever-growing community of individuals seeking irreversible, verifiable, and accessible blockchain access through our Elections Governance Protocol.
The Validity project was created with the goal of developing both financial and non-financial data validation tools and making them accessible to non-technical users. The objective is to provide an easy-to-use interface that gives users access to a variety of blockchain-based functionalities, including (but not limited to) identity management, voting, and data validation tools.
What is Validity [VAL]?
Validity is a decentralized blockchain service provider that uses a modified Proof-Of-Stake utility token to provide services that improve security, productivity, and transparency within organizations. We’re developing a set of decentralized services to help nurture the trust and security that the Internet sorely lacks so that innovation can thrive in today’s complicated world. It might be tough to tell the difference between bogus material, spam, and bots in today’s world.
Who Are the Founders of Validity [VAL]?
The program, which is led by a group of professionals, intends to construct one-of-a-kind cryptocurrency and blockchain technology from its inception to the present day. Some important names who contributed in the development of this network are mentioned below:
- Justin Jacobeen, Blockchain Architect
- Tim Mesker, Senior Developer
- Michel van Kessel, DevOps Engineer
- Reindert Koek, Business Analyst
- John Poulmentis, Director of IT Ops
- Gunther Pieters, Team Lead
- Carl Schmidt, Designer
- Linda Prior, Copywriter
- Sajib Datta, Technical Advisor
What Makes Validity Unique?
The “Scalability Trilemma” is a problem that blockchains face. Only two of three traits may be found in a blockchain: scalability, security, and decentralization. It’s tough to satisfy all three at the same time, but we’re getting close. Validity is a blockchain that blends protocol scaling (SegWit) with the Layer 2 solution.
A supplementary framework or protocol created on top of an existing blockchain system is referred to as Layer 2. Layer 2 solutions do not boost throughput; instead, they offload some transactions (data) off the chain. As a result, these methods are sometimes referred to as “off-chain” scaling options. Because the second layer is added as an additional layer, there is no requirement for the main chain to undergo any structural changes when applying off-chain solutions. Layer 2 solutions, as a result, have the ability to provide high throughput without compromising network security.
The Validity blockchain is a publically available framework that was created collectively, shared freely, published publicly, and developed as a community good rather than a single company’s or person’s property or business.
The Validity SmartChain is the Validity system’s second component. Within the Validity technology suite, it is a layer 2 data solution that comprises all of the functionality and validation information necessary for Validity’s non-financial applications. Information is added to the SmartChain using specially designed transactions with null data (op return outputs) that may store data without consuming volatile memory.
Where Can You Buy Validity [VAL]?
If you’re wondering where to purchase Xeno Token, the main cryptocurrency exchanges for buying Xeno Token stock right now are Upbit, AEX, Finexbox, Bittrex, and Crex24.
Frequently Asked Questions
Can I Buy Validity [VAL] With Cash?
No. There is no direct method to purchase Validity using cash. You can, however, utilize markets such as LocalBitcoins to first acquire BTC, and then complete the remainder of the procedures by moving your BTC to the appropriate AltCoin exchangers.
Are there any quick ways to buy Validity [VAL] in Europe?
Yes, in reality, Europe is one of the easiest countries to acquire cryptocurrency in general. There are also online banks where you can create an account and send funds to exchanges like Coinbase and Uphold.
On what factors does the price of the Validity [VAL] Depend?
Exchange inflows and outflows, technical and fundamental changes, the news cycle, and the overall economic climate are all variables that impact the price of coin and market cap.
Validity Official website – https://validitytech.com/
Validity Twitter – https://twitter.com/ValidityTech