Validity Price, News and Analysis (VAL)

Validity (VAL) Frequently Asked Questions

What is Validity?

Radium is the new look and function of xRadon - the original base of Project Radon. The goal of Project Radon is to deliver a variety of 100% decentralized services using the blockchain. Radium is the base blockchain, upon which all current services are built. Radium blockchian services are accessed through the Radium SmartChain. Radium gives way to a new, fresh look, including a change of name — to Validity (VAL). The project still maintains its core functionalities, however, the team had felt that the name Radium did not convey quite the right message. The Validity rebrand is simply cosmetic and an effort to better align our outward appearance with our inner machinations. Users will get to keep their old RADS coins that will now be known as VAL. All exchanges and services will be adjusted accordingly. Users can also use the former Radium wallet or the newly-skinned Validity wallet to keep staking. (Description provided by CryptoCompare)

How do I buy Validity?

It is not possible to buy all cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase or BlockFi. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including Validity.

Where can I get Validity wallet?

Validity produces its own wallet software that is available for download on its website, which allows you to store Validity on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.

What is the value of Validity?

One Validity (VAL) is currently worth $8.31 on major cryptocurrency exchanges. You can also exchange one Validity for 0.00013236 bitcoin(s) on major exchanges. The value (or market capitalization) of all available Validity in U.S. dollars is $36.76 million.

What hashing algorithm does Validity use?

Validity is a proof of stake (PoS) coin that uses the PoS algorithm.

How do I mine Validity?

Validity is a proof-of-stake (PoS) currency, which means that blocks on the Validity blockchain are not mined using hashing algorithms like Bitcoin. Rather, coins are earned by "staking" existing coins on the network or by running a master node.

What coins are similar to Validity?

The following coins use Validity's PoS algorithm and proof of stake (PoS) proof-type: WINk, Kleros, Particl, Wagerr, Dev Protocol, Global Coin Research, Warp Finance, Phore, Team Finance, Bitradio, MojoCoin, TEAM (TokenStars), Zealium, Iconic and Bitvolt.

What is the Reddit page for Validity?

The official Reddit community (subreddit) for Validity is r/RadiumCore.