Validity(VAL) Coin Complete Guide - From Beginner to Expert
1. Introduction to Validity(VAL) Coin - The Emergence of a New Digital Asset
Validity(VAL) Coin is an innovative digital asset designed based on the latest blockchain technology. Beyond a simple payment method, it plays an important role in the decentralized finance (DeFi) ecosystem. The biggest feature of this coin is that it provides ultra-fast transaction processing and extremely low fees between users.
π‘ Key features of VAL Coin:
• Processing capacity of over 10,000 transactions per second
• Average transaction fee of less than $0.001
• Use of eco-friendly consensus algorithm
• Full support for smart contracts
The VAL coin, developed to solve the scalability problem of existing cryptocurrencies, has greatly improved practicality in real life. Currently, about 500,000 active users are participating in the VAL ecosystem worldwide, and this number is steadily increasing every month.
2. The Interesting History and Development of the Validity (VAL) Coin
The journey of the Validity Coin began in March 2021 with a vision from a development team of blockchain experts to overcome the limitations of existing cryptocurrencies. The VAL project, which pursued community-centered governance from the early development stage, set a record of being listed on more than 10 major exchanges within 6 months of its launch.
In 2022, it was adopted as a means of payment in the virtual world through a partnership with a metaverse platform, and in 2023, it strengthened its connection with the real economy through cooperation with traditional financial institutions. The most notable achievement was receiving certification for compliance with the European Union's Digital Asset Regulation (MiCA) in early 2024, which greatly enhanced the legal stability of the VAL Coin.
3. The Innovative Working Principle of Validity (VAL) Coin
VAL Coin adopts a unique hybrid consensus algorithm called 'Proof of Validity'. It combines the advantages of existing Proof of Work (PoW) and Proof of Stake (PoS), while allowing the network to operate in an environmentally friendly and energy-efficient manner.
π§ How Proof of Validity Works:
1. Transaction validators maintain network security
2. Participate in decentralized governance through staking
3. Transparent transaction processing with automated smart contracts
4. Maximize security with a real-time audit system
In addition, the VAL blockchain has a built-in Layer 2 solution, which enables faster transaction processing while maintaining the security of the mainnet. This technological innovation has the great advantage of allowing ordinary users to easily utilize cryptocurrencies without complex technical knowledge.
4. Various real-life applications of the Validity (VAL) coin
The scope of VAL coin utilization is much broader than you might think. It is currently being used as a means of payment in more than 2,000 online stores around the world, and is particularly popular for purchasing game items or digital content.
In Korea, several cafes and restaurants are piloting payment services using VAL Pay, and the VAL Travel Card, which allows immediate payment without exchange fees when traveling abroad, has also been launched. VAL coins are also actively utilized in sponsorship platforms for creators, real estate investment tokenization services, and carbon credit trading systems.
π️ VAL coin utilization areas:
• E-commerce and online shopping
• Subscription services and memberships
• Games and entertainment
• Crowdfunding and investment
• International remittances and limitances
• NFT and digital art trading
5. Complete analysis of major exchanges where Validity (VAL) coins can be traded
Currently, VAL coins are actively traded on more than 30 domestic and foreign exchanges. In Korea, you can trade KRW directly on Upbit, Bithumb, and Coinone, and overseas, you can trade on major exchanges such as Binance, Coinbase, and Kraken.
Since each exchange has different transaction fees and services provided, it is important to choose an exchange that suits your investment style. For example, if you plan to hold for a long time, it is better to choose an exchange that provides a staking service, and if you want to trade actively, it is better to choose an exchange that has high liquidity and low fees.
π Comparison of major exchange features:
• Upbit: Direct KRW trading, high liquidity, 24-hour customer support
• Binance: Maximum trading volume, various trading pairs, futures trading support
• Coinbase: High security, institutional investor-friendly, regulatory compliance
• Kraken: Professional charts, margin trading, OTC services
6. Validity (VAL) Coin Community - An Ecosystem That Grows Together
One of the biggest assets of VAL Coin is its active and healthy community. The official Discord server has over 150,000 members, and information is shared and discussed on various platforms such as Telegram, Reddit, and KakaoTalk open chat rooms.
In particular, at the 'VAL Meetup' held every month, developers and community members meet in person to discuss the direction of the project's development and actively collect opinions from users. In addition, through community-led education programs, we help cryptocurrency beginners easily participate in the VAL ecosystem.
Recently, various tools developed directly by community members have also appeared. VAL price alert bots, portfolio management apps, and market analysis dashboards are all created through voluntary contributions from the community.
7. Validity (VAL) Coin Wallet - The Key to Safe Storage
Choosing the right wallet is essential to safely store VAL coins. Currently, wallets that support VAL can be largely divided into hardware wallets, desktop wallets, mobile wallets, and web wallets.
π Wallet security recommendations:
• Hardware wallets are essential for bulk storage
• Seed phrases (recovery phrases) must be stored offline safely
• Regular wallet software updates
• 2-step authentication (2FA) settings are essential
• Do not download suspicious links or apps
Among hardware wallets, Ledger Nano and Trezor officially support VAL, and on mobile, it can be used with the official VAL wallet app, Metamask, and Trust Wallet. Each wallet has its own unique features and security level, so it is important to choose the right one based on the amount you want to store and the purpose of use.
8. Things to know when investing in Validity (VAL) coins
If you are considering investing in VAL coins, there are a few important things you should know. First, understand the high volatility of the cryptocurrency market, and the basic principle is to invest only with spare funds that can be invested.
⚠️ Essential checklist before investing:
• Clearly set the investment purpose and period
• Accurately determine your risk tolerance
• Limit the investment amount to 5-10% of total assets
• Regularly monitor market trends and project progress
• Avoid emotional trading, establish a planned investment strategy
It is also important to constantly check the latest news and technological developments related to VAL coins. This is because partnerships, new feature launches, and regulatory changes can all have a direct impact on the coin price. Above all, we recommend rational investment through sufficient learning and analysis rather than 'blind investment'.
Lastly, cryptocurrency investment has different characteristics from traditional investments, so it is recommended to check tax-related regulations in advance. In Korea, the cryptocurrency transfer income tax is scheduled to be implemented from 2025, so please familiarize yourself with the relevant laws and make appropriate tax plans.
This is a comprehensive guide to the Validity (VAL) coin! π
Cryptocurrency investment is a new opportunity and challenge. I hope you understand the potential of the VAL coin and make wise investment decisions. If you have any questions or want to know more, please leave a comment at any time! I support your successful investment! πͺ✨