Users can request a dedicated API price feed by reaching out to DIA via Discord or Telegram.The flexibility of DIA’s API makes it incredibly useful across the blockchain ecosystem. While the free feeds provide valuable information for developers, the custom feeds take center stage by offering tailored configurations and extensive flexibility. Whether in DeFi or NFTfi applications, DIA’s API serves as a reliable and vital resource for obtaining accurate and customizable price data. The XY Oracle is built on blockchain technology, utilizing smart contracts to provide verified and reliable external data to decentralized applications (DApps). The oracle operates on the Ethereum blockchain, which is widely recognized and used in the blockchain ecosystem.The functioning of the XY Oracle involves a multi-step process. This request specifies the required data, such as cryptocurrency prices or real-world events.
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To increase the chances of achieving your investment objectives, it is always recommended to conduct a fundamental and technical analysis of the crypto project and consult with a professional financial advisor. XYO Network conducted an initial token sale in 2018 to raise funds for its development. The company gained attention for its innovative approach to location tracking, which attracted partnerships with various industries, including logistics, e-commerce, and supply chain management. With XYO, businesses can target advertisements to specific locations and demographics accurately. Location-based marketing campaigns can be executed more effectively, providing personalized, relevant advertising to potential customers.
A private note (up to 100 characters) can be saved and is useful for transaction tracking. Explore altcoins commonly held by XYO Network investors and discover new opportunities. The consumer-oriented aspect of the XYO Network has led to substantial growth, with more than 1,000,000 devices in circulation globally. These devices, utilizing Bluetooth and GPS technology, enable individuals to track their belongings such as bags, keys, and even pets.
Our XYO forecast will provide you with valuable insights to make an informed decision about buying XYO coins. To decide if the XYO token is a good investment for you, do not hesitate to read our XYO price prediction that predicts the future performance of the crypto asset based on various crypto market analysis and indicators. In late 2017, Arie Trouw, Scott Scheper, and Markus Levin co-founded XYO, a blockchain project. The XYO Network aims to transform the way apps, humans, and hardware devices use location data. XYO mining works similarly to mining cryptocurrency, but instead of performing calculations for transactions, mining equipment performs bound witnesses.
What’s XYO lowest price ever?
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). After the token’s launch on Jan 6, 2018, on the Ethereum platform, over 77,256 wallets have acquired XYO, with a recorded total of 352,742 successful token transactions to date. This text is exclusively for informational purposes, and it does not provide any investment or financial advice.
- It works as a geospatial network where geographical data is collected and verified by users within the network.
- This information can be used for traffic management, urban planning, infrastructure development, and optimizing public transportation services.
- This space changes rapidly and evolving, so please make sure to do your own research.
- Archivists are responsible for storing the data of confirmed bound witness interactions.
- XYO is decentralized and offers cryptographic security and reliable data validation.
This ensures the integrity and reliability of the data being used in various decentralized applications.Compared to its competitors, XY Oracle stands out for its robustness and reliability. It leverages a decentralized network of independent nodes that verify and validate the data before it is sent to the blockchain. This eliminates the possibility of a single point of failure and significantly reduces the risk of data manipulation or tampering.Another benefit of XY Oracle is its scalability. The platform is designed to handle a large volume of data requests and can accommodate complex data queries. It distinguishes itself from its direct competitors by offering a decentralized network, comprehensive documentation, and a user-friendly interface. Using DIA’s XYO API and XYO Price Oracle offers several advantages for users in the blockchain ecosystem.
- These technologies provide access to accurate and reliable price data for cryptocurrencies and NFTs.
- XYO is an ERC-20 (Ethereum Blockchain) utility token that comes with several useful functionalities within the XYO ecosystem.
- XYO Network price is $0.01906, up 4.12% in the last 24 hours, and the live market cap is $265,589,319.
- Diviners analyze location heuristics from Archivists to produce answers to queries and assign accuracy scores to them.
- These custom oracles can be configured according to the user’s needs, with options to customize sources, methodologies, update mechanisms, and more.
The oracle then acts as an information intermediary, sourcing the requested data from external sources.Once the data is collected, the XY Oracle verifies its authenticity and reliability. This is done through a consensus mechanism, where multiple independent sources are used to cross-reference and validate the data. This ensures the accuracy and integrity of the information provided.After the verification process, the oracle broadcasts the verified data onto the blockchain.
The maximum supply of XYO tokens is 14 billion, with the current supply being 13,476,747,692 XYO. With XYO tokens, individuals and businesses gain access to various possibilities. Developers can leverage XYO Tokens to build geodapps (geo-based decentralized applications) that integrate with the XYO Network. Alternatively, individuals can participate in electronic exchanges to sell or trade XYO tokens. Diviners are also called the answer aggregators because they serve as location witnesses that provide accurate and trustworthy data.
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Weiss Research, an investment research firm that rates cryptocurrencies, has given XYO an overall rating of “C-“, a technology and adoption rating of “C-“, and a market performance rating of “C-“. Its articles, interactive tools and other content are provided to you for free, as self-help tools and for informational purposes only. This space changes rapidly and evolving, so please make sure to do your own research.
XYO Network (XYO) is a cryptocurrency token built on top of Ethereum platform, launched in January 2018. With a surge of x2.75 times from the initial coin offering rate, a $100 investment would now be valued at $275.36. Note that fees may apply to your purchase, and these fees are calculated based on factors such as your location, payment method, and market conditions. They contain location information received from Bridges and index the ledgers to facilitate easy retrieval. Similar to a bank that archives ledgers, Archivists store raw data and earn payment only when the data is retrieved. They play a crucial role in the network, serving as the storage repositories for all the gathered ledgers.
The XYO Network is maintained by the XYO Foundation , a nonprofit organization to facilitate education, research and continued development of the XYO protocol. The XYO Foundation helps to develop partnerships for the XYO blockchain, including ones with major companies, such as FedEx, Chainlink, Microsoft, and Cisco. These partnerships aim to integrate the XYO protocol into various industries, such as supply chain logistics, Internet of Things (IoT) applications, and geospatial data services. It is a decentralized network consisting of smartphones, computers, smart-home appliances, and others. These devices use a cryptographic protocol to observe and store data from the physical world. This process, known as “Geomining,” is facilitated by XYO, a utility token.
Since the launch, the XYO price has been volatile and has generally followed the wider crypto market trends. These are the project’s quantitative metrics of its Organizational GitHub Public account that can be used to trace regular or artificial development activity & growth within the project. These are the project’s quantitative metrics of its official Telegram account that can be used to trace regular or artificial Social activity & growth within the project.
For exclusive discounts and promotions on best crypto wallets, visit Crypto Deal Directory. The quantity of all coins/tokens that have ever been issued (even if the coins are locked), minus all coins/tokens that have been removed from circulation (burned). © 2024 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed.
XYO mining can be facilitated through various devices, such as the XYO Network App, SentinelX, and BridgeX. For those looking for an easy entry into XYO mining, the COIN app is xy oracle price a free and accessible option. The XYO Network consists of devices that anonymously collect and validate geospatial data.