videocoin

Trade VID on Beaxy

Created by cryptocurrency visionary, Live Planet, Inc. the VideoCoin Network aims at transforming their clients' wasted potential into sizable earnings through good performance in their system. Through the VideoCoin Network, users benefit through a lifetime supply of 265 million VID tokens.
I give I get
USDC

=

I get
0.0
 videocoin
VideoCoin profile

VID Features

COST EFFECTIVE
Through unused data centers, the VideoCoin Network places all saving through a client's account. The developing team at VideoCoin had done away with all the complexity of video infrastructure in order to focus on the development of the users' applications. In addition to this, VideoCoin provides infinite scalability through cloud computing.
OPEN-SOURCE
VideoCoin's VID-only payout pool is an open-sourced software. What this means for users, (laymen and active crypto traders alike) is that they are given the capability to freely set up their own pool. A worker pool is also put in place.
EDUCATION
VideoCoin had built for itself a community wherein people can share their knowledge on the trade through the VideoCoin Forum. The venue is created in order to facilitate discussions among developers, workers, and delegated stakers regarding application development.
CASH REWARDS!
Users are allowed to stake their unused VID into worker nodes. The network has the functionality of effectively turning the untouched crypto into cash rewards from the tasks performed. To be a viable candidate, all the user has to do is fill up an online form generated by the VideoCoin website.
STREAMLINED METHOD
Simpler and faster protocols had been in the wishes of the VideoCoin user community. To answer this, VideoCoin came up with the Genesis Staking Program. Through this, staking and withdrawals are made easier and simpler with the use of the system's very own staking wallet. Delegation of tokens into this pool allows network functionalities and rewards work for users with VID tokens.
Frequently Asked Questions
Frequently Asked Questions
Frequently Asked Questions mobile

VID Technology

The discussion on VideoCoin's technology is duly divided into three segments. These correspond to the numerous functions of the platform presented in a way that crypto traders wanting to delve into VID would easily understand the platform's functionality. WORKERS
With the VideoCoin Network's multi-faceted platform it should come as no surprise that it has plenty of workers. This simply tells its users that these workers have to be picked from a certain pool and determine if they meet the qualifications and ultimately capable of accomplishing the task sent to them.
The elements listed below are considered for the selection of workers in the VideoCoin Network: 1. CAPACITY BENCHMARK First off, Capacity Benchmarks have to be considered. These provide the user with insight as to how much performance a certain worker node is capable of.
Users run Capacity Benchmarks through the worker node in these instances:
1.1. When the worker comes online for the first time (Within the setup process)
1.2. With every benchmarkRepeatDuration (this is configured; if one is working with Everest, it should be set at 15 minutes) 2. SELECTION ALGORITHM A weighted random selection algorithm is the basis for this. Prior to selection, a set of qualified nodes are weighted based off on their totalStake. This is a simple two-step process:
Step 1: Search for Qualified Workers
Step 2: A random worker weighted by totalStake is selected DELEGATED PROOF OS STAKE Delegated Proof of Stake (DPoS) enhances the VideoCoin Network as it diminishes the risk of exposing the Network to third party Worker nodes which are, of course, cannot be trusted.
What the DPoS does is signal the VideoCoin token holders' participation in securing the network. It does this through the selection and support of Worker nodes that rank them. This renders a greater dynamic in the network. This process ultimately secures the network as it makes all the network's stakeholders take part actively and receive due rewards for their participation.
Worthy of note, the DPoS method had already been employed through a number of Blockchains namely, Cosmos Hub, EoS, and Tezos, (albeit with some departures) with utmost success. This algorithm is used in VideoCoin to solidly place a fault-free operation.
The Proof of Stake is needed on the VideoCoin Network simply because it functions as a safeguard against low commitment levels of computing resources and attacks to the network.
Through the network's DPoS, VID holders are allowed to delegate tokens to a Worker node. Rewards are given in light of these delegations. These come with a portion of the rewards complementary with what the Worker node gets. VIDEO STREAMING Apart from video streaming through the VideoCoin Network being made simple, its provision of a venue for content providers for cheaper centralized solutions is what hooks its users.
The network has published tutorials on how to easily integrate third-party solutions, as well as how one can go about creating his or her own applications, that can seamlessly interact with the VideoCoin Network. Users of the VideoCoin network are privy to the following methods of streaming through the platform: 1. OPEN BROADCASTING SOFTWARE (OBS) This is used through video sharing sites like YouTube and Twitch. The software can easily be run through the VideoCoin. 2. GoPro HERO7 Through GoPro HERO7, the blockchain's video delivery capability is shown as an alternative to the usual cloud-based solutions. 3. THE ORBITAL SOURCE CODE The Orbital source code allows for developers' easy usage of the VideoCoin Network for a video streaming application across a number of OS. 4. WYZE CAM V2 The Wyze Cam V2 feed is decentralized through the VideoCoin Network. The internal step-by-step guide lets users know how they can stream their RTSP-enabled smart cams through the VideoCoin Protocol with the use of an RTMP bridge. 5. WEBRTC The VideoCoin Network is compatible with WebRTC. This system compatibility allows for a new input method for a number of devices to use the VideoCoin Network. It also permits the usage of the system in IoT and other industrial cases should there be imposed restrictions set by system performance to either RTMP or RTSP streaming.

How to Mine VID?

Mining VideoCoin is much like mining other cryptocurrencies that can be mined. And just like these digital assets, certain considerations have to be met. For the sake of this discussion, let us break it into three different mining methods: 1. COMPUTE MINING (TRANSCODING) For this, the miner should look into the following CPUs:
i7-8700K: 6 core, 12 thread
3.7 GHz standard clock
4.7 GHz Turbo Clock Ryzen 7 1700X: 8 core, 16 thread,
3.4 GHz standard
3.8 GHz Turbo
Nodes can take part in the network as storage miners. It should be noted however that nodes bearing staked tokens greater than a barrier to entry, Ψ, are the only ones that can perform compute mining. 2. STORAGE MINING External hard drives can easily be used to store mined VID tokens. It would be wise to consider both storage and processing power as it is highly likely that the storage would eat up a considerable amount of bandwidth upon delivering videos. 3. RELAY MINING This is pretty much like cloud storage. 4. DISTRIBUTION MINING This type of mining extracts videos through storage miners and distributes them across consumers. Also, a token stake greater than a barrier to entry is required just like compute mining.

Risks of Trading VID

DELEGATION While the VideoCoin Network's DPoS is efficient for security, it also comes with a risk. Users are still open to losing a portion of the amount delegated should the worker fault. TOO EXCLUSIVE VideoCoin's features and functions make for not only an interesting cryptocurrency platform but also an innovative one. However, it is worth noting that compatibility with other digital coins and assets have yet to be established. As such, trading with such an exclusive coin leaves little room for lucrative ventures. VOLATILITY By nature, cryptocurrencies are high-risk and speculative, the VID token included. Unexpected changes are always in the cards. The VID token will be subject to a sudden rise and fall of prices. As this is the case, the value of the altcoin may either drop by hundreds or thousands as quickly as it can climb.
 videocoin
shadow
shadow
invest

VideoCoin on Beaxy

Trade other cryptocurrencies on Beaxy

USDC is a stablecoin and its value is anchored to that of the United States Dollar.

ETH is the native currency of the Ethereum Blockchain, a programmable protocol that supports applications like smart contracts.

BXY is an exchange token that works as loyalty rewards and functional fuel for the Beaxy exchange ecosystem. Greater rewards, discounts, and potential of the platform can be unlocked with BXY.

NEO is an asset run on a distributed smart contract platform. You can exchange NEO and BTC when you place an order on Beaxy.

XRP is a cryptocurrency known for speed and use in global banking. If you’re interested in XRP you can navigate to the coin page to learn more, or the trading page directly to trade.

Litecoin and Bitcoin can be directly swapped for each other on Beaxy. Using the LTC/BTC trading pair allows you to move directly between two of the earliest cryptocurrencies.

Ethereum Classic is a decentralized network that is tailored to application development. If you’d like to trade ETC for BTC, you can do so directly on the exchange page.

Monero was built for anonymity and is the most popular privacy-focused cryptocurrency. You can move in and out of BTC when you place an order with XMR on Beaxy.

EOS is the base asset of EOS.io, a smart contract platform that is governed by 21 block producers. Swap your EOS and BTC with ease on Beaxy.

You can easily move in and out of bitcoin cash on Beaxy. Swap bitcoin cash for bitcoin directly by placing an order on the exchange.

BEAM is a privacy-focused cryptocurrency that protects your identity. You can conveniently swap beam and bitcoin on Beaxy.

DASH is a decentralized payment solution that features instantly settled payments. You can trade DASH and BTC directly on Beaxy.

Basic Attention Token is the native asset of the Brave browser. You can earn BAT by consuming content on the Brave browser. Exchange BAT and BTC efficiently on Beaxy.

AION is a native asset that performs critical functions for The Open Application Network. You can swap AION and BTC directly on Beaxy.

MTL is the base asset for the Metal Pay ecosystem. MTL is used for quick and easy peer-to-peer transactions. Trade for MTL and BTC directly on the Beaxy Exchange platform.

ICX is the native asset of ICON, a decentralized blockchain network that focuses on interoperability. Seamlessly trade ICX and BTC on Beaxy.

VideoCoin (VID) is a cryptocurrency that runs on the Ethereum blockchain. The asset is rewarded to producers and consumers of web-based video content. You can swap VID and BTC directly on Beaxy.

WAVES is a cryptocurrency that is designed to cater to developers. You can conveniently trade WAVES and BTC on Beaxy.

ZRX is the native asset for 0x, an open-source smart contract development platform. ZRX holders can use the token to vote on updates to the network. Seamlessly swap ZRX and BTC on Beaxy.

TOMO is the base asset for the TomoChain platform which uses Proof of Stake Voting to reach consensus. Easily trade TOMO for BTC by placing an order on Beaxy.

GO is the native asset on the GoChain network. GoChain uses Proof of Reputation as a consensus mechanism. You can easily swap GO for BTC on Beaxy.

Chainlink (LINk) is a decentralized oracle network that connects smart contracts on its platform to verifiable data hosted by nodes on the network.

Dragonchain is a commercial-grade hybrid blockchain that enables developers to rapidly build private blockchains and decentralized blockchain applications.

NRG is a proof of stake platform that is enables the development and management of smart contracts. Exchange NRG with BTC on Beaxy.

POLY is the native asset of Polymath, a security token genreation and management plafotm that allows enterprises to seamlessly create legal and complaiant security tokens. You can trade POLY with BTC on Beaxy.

FTM is a smart contract platform that is modeled after Directed Acyclic Graph (DAG). Exchange FTM tokens for BTC on Beaxy.

ZEC is a privacy focused digital asset that giver users the ability to choose between sending public or private transactions. Trade ZEC with BTC on Beaxy.

USDC is a stablecoin and its value is anchored to that of the United States Dollar.

ETH is the native currency of the Ethereum Blockchain, a programmable protocol that supports applications like smart contracts.

BXY is an exchange token that works as loyalty rewards and functional fuel for the Beaxy exchange ecosystem. Greater rewards, discounts, and potential of the platform can be unlocked with BXY.

NEO is an asset run on a distributed smart contract platform. You can exchange NEO and BTC when you place an order on Beaxy.

XRP is a cryptocurrency known for speed and use in global banking. If you’re interested in XRP you can navigate to the coin page to learn more, or the trading page directly to trade.

Litecoin and Bitcoin can be directly swapped for each other on Beaxy. Using the LTC/BTC trading pair allows you to move directly between two of the earliest cryptocurrencies.

Ethereum Classic is a decentralized network that is tailored to application development. If you’d like to trade ETC for BTC, you can do so directly on the exchange page.

Monero was built for anonymity and is the most popular privacy-focused cryptocurrency. You can move in and out of BTC when you place an order with XMR on Beaxy.

EOS is the base asset of EOS.io, a smart contract platform that is governed by 21 block producers. Swap your EOS and BTC with ease on Beaxy.

You can easily move in and out of bitcoin cash on Beaxy. Swap bitcoin cash for bitcoin directly by placing an order on the exchange.

BEAM is a privacy-focused cryptocurrency that protects your identity. You can conveniently swap beam and bitcoin on Beaxy.

DASH is a decentralized payment solution that features instantly settled payments. You can trade DASH and BTC directly on Beaxy.

Basic Attention Token is the native asset of the Brave browser. You can earn BAT by consuming content on the Brave browser. Exchange BAT and BTC efficiently on Beaxy.

AION is a native asset that performs critical functions for The Open Application Network. You can swap AION and BTC directly on Beaxy.

MTL is the base asset for the Metal Pay ecosystem. MTL is used for quick and easy peer-to-peer transactions. Trade for MTL and BTC directly on the Beaxy Exchange platform.

ICX is the native asset of ICON, a decentralized blockchain network that focuses on interoperability. Seamlessly trade ICX and BTC on Beaxy.

VideoCoin (VID) is a cryptocurrency that runs on the Ethereum blockchain. The asset is rewarded to producers and consumers of web-based video content. You can swap VID and BTC directly on Beaxy.

WAVES is a cryptocurrency that is designed to cater to developers. You can conveniently trade WAVES and BTC on Beaxy.

ZRX is the native asset for 0x, an open-source smart contract development platform. ZRX holders can use the token to vote on updates to the network. Seamlessly swap ZRX and BTC on Beaxy.

TOMO is the base asset for the TomoChain platform which uses Proof of Stake Voting to reach consensus. Easily trade TOMO for BTC by placing an order on Beaxy.

GO is the native asset on the GoChain network. GoChain uses Proof of Reputation as a consensus mechanism. You can easily swap GO for BTC on Beaxy.

Chainlink (LINk) is a decentralized oracle network that connects smart contracts on its platform to verifiable data hosted by nodes on the network.

Dragonchain is a commercial-grade hybrid blockchain that enables developers to rapidly build private blockchains and decentralized blockchain applications.

NRG is a proof of stake platform that is enables the development and management of smart contracts. Exchange NRG with BTC on Beaxy.

POLY is the native asset of Polymath, a security token genreation and management plafotm that allows enterprises to seamlessly create legal and complaiant security tokens. You can trade POLY with BTC on Beaxy.

FTM is a smart contract platform that is modeled after Directed Acyclic Graph (DAG). Exchange FTM tokens for BTC on Beaxy.

ZEC is a privacy focused digital asset that giver users the ability to choose between sending public or private transactions. Trade ZEC with BTC on Beaxy.

Trade VID on Beaxy
Start trading on a professional exchange built on a powerful engine.