This was followed by the steepest leg of the bull cycle, with Euphoria ultimately coming in at just in need of 5000 satoshis, which remains VIDT’s all-time excessive. This was followed by Complacency and all the subsequent emotions of a bear cycle, in quick succession, with value now buying and selling above prior resistance turned assist of 1800 satoshis. This whole bear cycle has occurred on declining quantity, indicating that one other swift cycle might observe this as part of a protracted-term bull cycle.

Can I buy VIDT on Binance us?

Binance will list VIDT Datalink (VIDT) in the Innovation Zone and opening trading for VIDT/BTC and VIDT/BUSD trading pairs at 2020/10/09 2:00 PM (UTC). Users can now start depositing VIDT in preparation for trading. Please note that there will not be any trading restrictions on trading pairs in the Innovation Zone.

Price has broken out of this range with some conviction, forming new support at the range resistance of 70 satoshis. Following this, new resistance was found at 150 satoshis, which has also since been broken as price rallied into the September 2018 peak of 200 satoshis last week. I would expect a move back to 150 satoshis to flip that prior resistance as new support, providing an excellent entry for those still on the sidelines. Moving into 2020, I am expecting big things from Constellation, with the all-time high that was printed upon initial listing at 600 satoshis firmly in sight.

the Next Bitcoin? Top 5 Cryptocurrencies That Will Outperform In 2020

Further to Stephen Wolfram’s advisory role, the team also were able to secure Whitfield Diffie as an advisor. Most impressively, having launched its Narwhal mainnet this past summer, NKN now has a larger full node network than Bitcoin, with 22,018 live nodes at present.

Another 500K VIDT will be distributed to the community through a ‘Learn and Earn’ programme and the final amount of 1M tokens will be burnt. A rather large whale is holding a very sizeable amount of VIDT from early equity investment in the project.

  • Clients buy bundles of VIDT which come from a reserve pool of 12M tokens within the main VIDT wallet.
  • V-ID is fairly unique in the crypto space being that it came from an already well-established software company based in the Netherlands and UK named Wididi.
  • For anyone reading this who has yet to read a Coin Report, it might be worth reading this section of the first report, where any potentially unfamiliar terms are explained.
  • As previously stated, any modification of a file would mean that it would be highlighted as un-authentic when putting through the V-ID verification process.
  • Critically, it is host to its own ecosystem of tokens, each of which is secured not only by the Komodo network but also by Bitcoin’s due to Komodo’s DPoW consensus mechanism.
  • NKN considers itself the third pillar of blockchain infrastructure, where Ethereum is decentralised computing; Filecoin is decentralised storage; and NKN is decentralised networking.

AmspecThis is a big player globally in the oil and gas sector.Amspec produces 50,000 reports a month for the vast majority of the biggest oil buy VIDT refineries across the world. These reports contain sensitive data critical to the industry and so their veracity is of the utmost importance.

What’s also important here is the way that the V-ID team transacts its business in the most professional and transparent way, putting its community first and making sure of organic and sustainable growth of the project. Clients are queueing up to take advantage of one of the only real ACTUAL USE platforms in operation in the cryptoverse today. Being so successful and so early to the party will make V-ID a strong bet for the future. These 2 companies are in very different niches within the Cryptoverse so outright comparisons cannot be made. However, it could be argued that the protection and validation of data can be just as valuable as a smart contract oracle. V-ID might well be expected to far exceed its valuation through the rest of this year and into 2021.

July 31, 2020

Security tokens are the next big thing in crypto and it can be imagined that there will be plenty of takers for a highly prized piece of the V-ID pie. One of the main goals for V-ID is to automate the validation/verification process in order to speed up adoption by business and it is for this reason that they are working on rolling out their API V3. With the V-ID API fully integrated into a business, all validation and verification can take place under the hood so that the business can be blissfully unaware of the process.

There is a working product prior to a private sale or ICO being conducted. Regarding the announcement itself, it is concise and fairly informative though clearly has not been updated since it was posted, as it still refers to the token sale. Further, there is a lack of detail regarding the token specification, such as supply metrics. All relevant resources are linked, however, and there is a short introductory video linked, explaining the purpose of the project.

I expect another leg up to follow in the coming months, taking price back above 600 satoshis. It wasn’t until August that this range support gave way and new lows were formed, with the all-time low printing at 217 satoshis. Since then, NKN has bounced off the bottom on significant volume, rallying to 550 satoshis upon its listing on Binance, which was followed by a move back to 300 satoshis, where it currently sits.

Marie Sett Forfra, I Vidt Strikket Undertøy Macco

They have several paying clients already, including Airbus Defence & Space, Krohne and BaanVelgen . Hardware project, which is an integration that is expected to dramatically increase the number of validations being processed.

Price then suffered prolonged bleeding as euphoria became complacency and so on, and eventually a new range support was found above the all-time low at 800 satoshis. This range support held for 232 days, with price also capped by range resistance at 1,545 satoshis for the bulk of that period. The only instance it broke the range was during potential listing on Binance that V-ID missed out on, which led to a retrace back into the range and re-accumulation.

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This figure is ever-decreasing due to the aforementioned burn mechanism, which shall be discussed at length later in the report. As is the case with the vast majority of ICOs, the maximum supply is that which is created upon the shut of the token sale, so there’s by no means any further provide emission for price to cope with. This is golden for speculators, because it means that there are no headwinds What is Bitcoin for value appreciation. (In reality, it’s likely negative, as a result of a burn mechanism that we will cover later). V-ID is a cryptocurrency that was conceptualised in 2017 and differs greatly from most in that it is a cash-generative business at its core; a subsidiary of WIDIDI. More uncommon still, the team developed a working product prior to raising funding via private and public sales.

V-ID is fairly unique in the crypto space being that it came from an already well-established software company based in the Netherlands and UK named Wididi. The V-ID core team came from this environment with around 15 years of working together in their field. They have a huge wealth of experience and many contacts within their industry. If I remember correctly, they built it with keeping maps accurate and sharing earned coins with other users of the app as a way to help people within your community. And that concludes this post on the top 5 cryptocurrencies that I expect to outperform Bitcoin in 2020. As I mentioned, there simply is nonext Bitcoinnor a new Ethereum; instead, all we can hope for is relative outperformance, which in itself – though remarkable – is a very real possibility in this space. Regarding the use-cases of Fantom’s technology, the first point to make is that their novel Lachesis protocol improves transaction efficiency to above 300,000 tx/ps, which will facilitate its usage in smart cities, public utilities, banking, healthcare etc.

Analysis:

Thankfully, V-ID have a transparent usage dashboard and the community have also produced another data dashboard, which is highly informative. As V-ID is currently an ERC-20 token, so it can be stored on all ERC-20 compatible wallets, including hardware wallets. The primary problem being tackled in a world of digitalisation is document fraud. File verification takes 5 seconds and only requires a browser and an internet connection to do so.

VIDT is used to identify wallet addresses for validators and used as payment for validation. The community had an active discussion about the possibilities of a staking model being integrated with the current buy-back-and-burn mechanism to ensure the deflationary model continues – at present, there are no plans to introduce staking to VIDT. The team are conducting an AMA, where the community have asked dozens of questions and these will be responded to over the coming week. Updates on validation processing are often pushed to the group from the dedicated validations tracker channel, with over 80k documents validated in July, with a daily average of ~2,850. As for itsAverage Daily Exchange Volume, I calculated this to be$2.23mn, equating to an equally impressive 16.2% of its Average Network Valuefor the 30-day period. This is the 5th-highest figure of all previous reports, which is a very positive sign.

If we assume no growth, then another 1.8mn VIDT will be burned over the next 6 months, equating to 3.2% of the total supply. Now, if we look at the VIDT fee chart on the right, we can see that the number of transactions for May, June and July total over 13k, with 2.1mn VIDT spent on a rolling 3-month period. That’s equivalent to ~$575k if we take the average price of VIDT during that period. Scrolling further down, we can see that, for May and June, we can see that 1mn+ VIDT in total was spent on validations each month. Now, where this gets interesting is when we factor in the buy-back-and-burn mechanism, which is based on the total VIDT spent each month.

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Anyone wishing to check a certificate for authenticity would be able to do so in under 5 seconds by way of the V-ID verification terminal. 80% of the spent transactions are then returned back to the main wallet.

Coin Report #21: Stratis

Current partners include Oracle and the South Korea Food Tech Association. The FTM token will be integral in transacting on the network, as well as utilising the cross-chain interoperability that Fantom is currently developing throughbridges.

Up to now, more than 42,400,000 VIDT tokens have been burnt — but this does include 36M tokens that were unsold at ICO. Even taking that into account, 6M tokens or so being burnt over the last 18 months is almost 1/8 of the circulating supply.

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They do this on various exchanges and at random times and in random increments. In addition and in order to protect files beyond any doubt the V-ID technology enables files to be anchored across a variety of major blockchains, including Bitcoin, IBM Hyperledger, Fantom, LTO Network, Digibyte, Binance Chain and Waves. This choice of centralized, decentralized, and hybrid blockchains, or a combination thereof, provides a V-ID client with a precise fit for any particular type of business adoption.

The launch of VIDT Datalink to ensure limitless compatibility between businesses and blockchains by utilising the VIDT API, VIDT Private Cloud and VIDT Smart contract for anchoring data from publisher platforms and cloud services to multiple blockchains. V-ID becoming an official partner of the Dutch Blockchain Coalition, which will mean that the team actively collaborates with the DBC to improve blockchain innovation in Dutch industries. The V-ID BitcoinTalk thread was created on August 18th, 2018 and has since generated 124 posts spanning 7 pages in 711 days. However, in the past 90 days, the thread has had 6 posts, giving an average of 0.06 posts per day. Overall, the community seem very much committed to V-ID and there is a great deal of palpable excitement about the next 6-12 months of progress. As such, this is very much reflective of the rising speculative interest in V-ID.

I am pleased to find such impressive growth in the size of the audience, and, naturally, this had led to a decline in overall engagement rate as the audience has swelled to four times its July 2019 size. Given this fact, I actually think 1.71% engagement is pretty good, particularly when we consider that it is the 16th-highest engagement rate among prior reports; roughly aligned with its relative audience size position. Given that V-ID already has a working product, crypto wallet vs exchange a client base and transparent data on the growth of the business, I look forward to evaluating the progress made since its inception. So there we have it — V-ID continues to ramp up and refine its business operations whilst the community are wildly happy with the growing list of clients and the amount of usage that the VIDT token is already getting. After launch, holders have the option to convert VIDT to VIDS, which grants them a real share of the V-ID company.

Автор: Chaim Gartenberg

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