Validity

What is Validity?

Validity is a decentralized blockchain service provider using a modified Proof-of-Stake token to enhance security, productivity, and transparency. It aims to build trust and foster innovation in the digital space.

Solutions

Validity offers a range of services designed to address modern digital challenges:

• Decentralized Identities: Cryptographically managed identities for secure online interactions.
• Digital Signatures: Verifies file ownership and authenticity.
• Online Voting: Provides secure, transparent voting solutions.
• Validated Text Notes: Ensures immutable records for various documents.
• NFTs & Metaverse: Integrates with virtual worlds for ownership and transactions.

Staking and Rewards

Validity employs a staking system to validate transactions, rewarding stakers with newly generated VAL coins.

• Maximum Supply: 9 Million VAL
• Block Time: 60 Seconds
• POS Reward: 0.485 VAL/block

Eco-Friendly Technology

The Validity platform is designed for efficiency and can operate on low-power devices like Raspberry Pi. The community supports easy deployment through prebuilt Docker instances.

Blockchain Identity and Access Management

Validity’s blockchain identities link personal data with public-private keys, enabling secure interactions and verifiable actions across the platform.

• Use cases include file signing, voting, and proof of ownership
• Actions are permanently recorded on the blockchain for transparency

Other Projects in the Protocol Category

• Olympus: a decentralized protocol for creating a stable, community-driven currency.
• Arcblock: a decentralized platform for building and deploying DApps using blockchain and cloud computing.
• Aventus: designed to enhance Ethereum with faster, cheaper transactions and improved scalability.

Validity Price Analysis

As of December 25 2024 Validity has a marketcap of $4.9M. This is {{percentagefromath}} from its all time high of $19.02. In terms of its tokenomics, there's a total supply of 9M with 58% currently outstanding. Keep in mind Validity has a fully diluted value of $8.5M which many investors might interpret as overvalued.

Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.

Summarized in part by ChatGPT 4 and Claude