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According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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Co-founder Announces XYO Network Surpasses 10 Million DePIN Nodes
XYO Network Surpasses 10 Million Geolocation Nodes, Co-Founder Reveals
In a significant milestone for XYO Network, co-founder Scott Scheper recently announced that the project has successfully exceeded 10 million geolocation nodes. This achievement showcases the widespread adoption and increasing interest in the network’s innovative technology.
The growing number of nodes indicates the expanding reach and influence of XYO Network in the blockchain and geospatial industries. These nodes play a crucial role in the network’s ecosystem by providing accurate location data, enabling various location-based applications and services.
Scheper highlighted the importance of this milestone, emphasizing the impact it will have on the network’s capabilities and functionalities. With more nodes actively participating in the network, XYO Network can offer enhanced geospatial services, revolutionizing how location data is utilized and validated.
The co-founder also expressed his gratitude to the community for their continuous support and participation in the XYO Network. This milestone would not have been possible without the dedication and commitment of the network’s users, developers, and partners who have contributed to its growth and success.
As XYO Network continues to expand its reach and capabilities, the future looks promising for the project and its innovative geolocation technology. With a strong foundation of 10 million geolocation nodes, the network is well-positioned to lead the way in revolutionizing the use of location data in various industries.
Overall, this milestone represents a significant achievement for XYO Network and reinforces its position as a key player in the blockchain and geospatial sectors. With the support of the community and the growing number of geolocation nodes, XYO Network is poised for continued growth and success in the future.
This article was originally published as Co-founder Announces XYO Network Surpasses 10 Million DePIN Nodes on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.