Altcoin, which is linked to the decentralized material infrastructure network (DePin), increased by approximately 44 % on Friday after receiving a prominent list of exchange.
On Thursday, the South Korean encryption giant Bithumb Declare Xyo was listed, the original symbol of the Xyo network.
XYO network aims to process any kind of decentralized data.
Explain the project Websiteand
“It includes both the network and the protocol, XYO can be used to collect, verify, organize and use data from any device knot capable of operating the programs or fixed programs that support XYO.
The distinctive Xyo hypothesis is the decentralized verification, allowing network devices to verify data that flows into the network databases by working as witnesses to each other, which enhances the validity of the received data. Then the simple institution that can be accessed allows the use of this data quickly and efficiently. “
Earlier this month, the project Declare Its network will be deported to a new layer chain that focuses on DePin. To help facilitate this movement, the Xyo network also introduces an original new layer, XL1, and will work with a dual -moving model.
The original Xyo icon will remain on Ethereum (EthAnd act as an anchor to regulate the XL1 flow in the original Blockchain “,” According to the project.
XYO is traded at $ 0.0154 at the time of this report. The coding assets increased 278 by the market ceiling by more than 71 % last week.
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