It has circulating supply of 13,931,216,938 XYO coins and a max supply of 13,931,216,938 XYO alongside $17M 24h trading volume. The real world data collected by the sentinels can be trusted because they vouch for its certainty and accuracy by producing temporal ledgers. They communicate with other sentinels to compare their data and determine the most likely information.
XYO is an ERC-20 (Ethereum Blockchain) utility token that comes with several useful functionalities within the XYO ecosystem. For example, XYO tokens are required to pay for services on the XYO Platform. The XYO coin is also used to reward contributions of users who provide data or services. The XYO Network cryptocurrency is traded on major cryptocurrency exchanges and is compatible with different crypto wallets and blockchains. As of Dec 31, XYO Network has a market capitalization of $132.5 Million and is ranked #284 among all cryptocurrencies.
A Diviner gathers and validates geospatial data, such as GPS coordinates, which are then utilized within the XYO network ecosystem. At its core, the network focuses on gathering accurate and reliable location data, encompassing latitude, longitude, elevation, weather, temperature, and more. While its current applications are map-based, the potential for combining various aspects of location data is immense. In the crypto world, oracles refer to technologies that can retrieve real-world data from online sources and supply it to an appropriate blockchain protocol or decentralized application.
What’s XYO trading volume in the last 24 hours?
A party interested in data collection can use a xy oracle price diviner to search the archivists and pay XYO tokens to retrieve the data. It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It’s a direct cryptocurrency’s supply & demand indicator, and is purely related to its market price.
The XYO Network is an innovative solution for geospatial data, and its potential applications are only limited by imagination. If it is, one can set up applications which execute transactions in the smart contract.This has opened up a new world of possibilities. The applications of such a technology are infinite.Take for example an eCommerce Company.
XYO = 0.01905 USD
It ensures that the data collected by the network is trustworthy and comes from reliable sources.
These bound witnesses are stored by archivists, and a diviner can search for specific data within the network.
This text is exclusively for informational purposes, and it does not provide any investment or financial advice.
Publicly circulating amount of specific cryptocurrency coins/tokens that were mined or issued to date, and are not locked/staked (are available to be traded publicly).
This decentralized method creates a reliable and decentralized location-based oracle network.
BitDegree.org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency. Before making financial investment decisions, do consult your financial advisor. According to an in-depth review process and testing, Ledger and Trezor are one of the safest and most popular hardware wallet options for keeping XYO.
Among all the assets available on CoinStats, these have the most similar market capitalization to XYO Network. In summary, the XYO token is used to facilitate the collection and validation of geospatial data, incentivizing both data providers and users through a reward system. The XYO Network operates on a native cryptocurrency called “XYO Token.” Users can earn the XYO cryptocurrency by contributing to the creation of verified heuristic ledgers. These tokens serve as the currency for querying the network and are awarded to those who facilitate the generation of answers.
It can enable accurate positioning and interaction of virtual objects in the real world, increasing immersion and user engagement. In the car rental industry, XYO can help in tracking vehicles, reducing the risks of theft and unauthorized use. It can also enable secure car-sharing services by verifying the location of rented vehicles. The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice.
How to buy XYO?
It serves as a trust mechanism by confirming the proximity and interaction between different devices within the network. Bound witness interactions allow devices to cryptographically validate and verify each other’s location and interaction, ensuring accuracy and reliability of data collected. Proof of Origin is a cryptographic mechanism used by the XYO Network to verify the authenticity and origin of data. It ensures that the data collected by the network is trustworthy and comes from reliable sources. PoO establishes a chain of custody for data by cryptographically linking it to a specific device or source, providing verifiability and accountability. Changelly is a secure and simple crypto exchange platform to trade XYO tokens for other digital currencies, such as Binance Coin or Bitcoin Cash.
By leveraging decentralized consensus mechanisms, it reduces the risk of centralized data manipulation or tampering. This makes it a valuable tool for developers and users looking for reliable and secure access to external data in their blockchain applications. XY Oracle is a blockchain oracle that offers a range of benefits compared to its direct competitors. One of the main advantages of XY Oracle is its ability to provide highly accurate and verifiable data from external sources to smart contracts on the blockchain.
The absolute theoretical maximum number of coins/tokens that is coded and will ever exist in the cryptocurrency’s lifetime. The XYO price page is just one in Crypto.com Price Index that features price history, price ticker, market cap, and live charts for the top cryptocurrencies. Compared to other crypto coins which started the same year as XYO Network it has below-average trading volume, average volume for the other 812 coins started in 2018 is $8M while XYO has $6M. Wealth distribution is an important factor to consider when researching a cryptocurrency. It refers to the percentage of the total supply of the cryptocurrency held by the top wallet addresses.
Whether you need global market or specific individual or cross-chain market prices, these technologies provide the flexibility and reliability required for decentralized applications. XY Oracle is a blockchain oracle that serves as an external information provider for smart contracts on the blockchain. It supplies verified data from outside the blockchain to these contracts, ensuring the accuracy and reliability of the information being used.One common case where XY Oracle is utilized is in decentralized finance (DeFi) platforms. These platforms rely on various types of data, such as price feeds, lending rates, and market data, to operate effectively. XY Oracle provides this data to the smart contracts that power these platforms, allowing them to make informed decisions and automate processes.Another specific case where XY Oracle can be useful is in the insurance industry.
What is DIA’s XY Oracle price oracle?
It’s not pegged to the value of any other asset, therefore, the XYO price can change based on the market conditions. As of June 2022, the highest-recorded XYO price was $0.08 in November 2021, around the same time as Bitcoin’s (BTC) all-time high. Levin is an entrepreneur with a keen interest in data-driven systems and blockchain technology. He has been involved in the crypto sphere since 2013 and acts as the Head of Operation at XYO. The current cryptocurrency Market Capitalization Dominance among all other cryptocurrencies in the market.
XY Oracle (XYO) is a decentralized location network that uses a cryptographic proof-of-origin mechanism to verify and validate geospatial data.
It is built on the Ethereum blockchain and used to pay transaction fees on the network.
It leverages a decentralized network of independent nodes that verify and validate the data before it is sent to the blockchain.
XYO Network (XYO) is a cryptocurrency token built on top of Ethereum platform, launched in January 2018.
This calculation is based on the circulating supply of XYO Network However, if we take into account the total supply of XYO Network, the market capitalization would be $268.5 Million.
This calculation is based on the circulating supply of XYO Network However, if we take into account the total supply of XYO Network, the market capitalization would be $268.5 Million. The goal of the platform is to facilitate secure location data transmission from external sources to the smart contracts, which are locked within the blockchain. However, it comes with certain security risks that decentralized blockchain networks like XYO can patch. XYO Network price today is $0.0208 with a 24-hours trading volume up by 54.92%. It has a circulating supply is 13.9B XYO coins and a total supply of 13.9B. XYO Network price is $0.01906, up 4.12% in the last 24 hours, and the live market cap is $265,589,319.
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