Details about Valorbit cryptocurrency
Valorbit
VAL
Unknown for now
2015-11-02
€2
922,343,198,188,610
1
Unknown
Valorbit price charts
VAL exchanges
Valorbit, the crypto
Valorbit (VAL) is a decentralized blockchain-based cryptocurrency that aims to provide fast, secure, and low-cost digital transactions. It was launched in 2017 and uses a unique hybrid consensus mechanism to validate transactions.
The point
The main point of Valorbit (VAL) is to provide a fast, secure, and low-cost means of digital transaction, which would be accessible to everyone. This is achieved using its unique hybrid consensus mechanism, which combines Proof-of-Work (PoW) and Proof-of-Stake (PoS) algorithms.
The problem
Valorbit (VAL) aims to solve the problem of slow and costly digital transactions that are often experienced with traditional banking systems. It achieves this by providing a decentralized network that allows for fast, secure, and low-cost transaction processing, without the need for intermediaries.
Compare VAL and BTC performance
| Timeframe | VAL | BTC |
|---|---|---|
| 1h change | 0 % | 1.00456 % |
| 24h change | -1.73 % | 0.313361 % |
| 7 day change | -22.3 % | 4.77707 % |
| 14 day change | -22.01 % | -8.09825 % |
| 30 day change | -15.09 % | -7.22448 % |
| 200 day change | 10.28 % | 127.217 % |
| Year change | 93.71 % | 133.126 % |