What is Sequence (SEQ)?
Future of SEQ Cryptocurrency and know how to buy SEQ

#1 – What is Sequence?

Sequence – The Basics

  1. Duality was established in 2014 as a community-driven altcoin platform. It later modified itself to Duality Blockchain Solutions LLC in 2017. Duality’s main aim is to provide Blockchain as a Service (BaaS) to the masses.
  2. The company created its crypto tokens Dynamic (DYN) and Sequence (SEQ). Dynamic is the payment token while Sequence is the collateral token asset for Duality.
  3. Sequence, as a token asset, functions in sync with the Dynamic cryptocurrency, serving as collateral to create a cooperative banking system between cryptocurrencies.

Sequence Development

Duality came into the market in 2014 and established itself as a blockchain company in 2017. Duality started out as a project in line with the altcoin boom of 2014. As a socially conscious project, its aim was to innovate in the field of blockchain and develop better solutions. The platform was legitimized as a company in 2017, which now operates with two crypto coins.

 

#2 – What are the benefits of Sequence?

Sequence Technology

  1. Sequence functions of the Proof-of-Stake protocol, Blake2b. It is a static PoS concept with disinflationary growth model. The current rate of staking is disinflationary at 2.2%, as per Duality’s official website. This is estimated on the basis of the coin’s current supply and the amount of yearly increase.
  2. On top of its staking protocol, Sequence also operates a reward system. Every block that a user successfully processes is awarded a reward of 2 SEQ coins.
  3. It is an open-source platform that allows the users to claim customized services. It hosts its BaaS – Blockchain as a Service – facilities on a public network, thus, ensuring lower expense than private servers.

Features

  1. Stabilizing Asset: The main aim of Sequence is to function as collateral and preserve value. It acts as the collateral coin for Dynamic in order to protect and stabilize its prices.
  2. Watch Only Address: Sequence enables its users to store an address in their wallet without the private key for that particular address. The wallet can, thus, watch for outputs without spending them.
  3. Multisig: You can store your funds on the Sequence wallet with the help of multiple signatures and keep the coins extra secure. It allows to add up to 20 signees.

 

#3 – How to buy and store Sequence?

How to buy SEQ

Duality’s cryptocurrency SEQ is available for purchase on exchanges like Bittrex, CoinData, CoinCodex, and CoinGecko.

  1. CoinSwitch, as the largest cryptocurrency conversion platform, enables you to exchange your cryptos for SEQ. You have the option to go through over 45,000 pairs of crypto exchange to choose your preferred one.
  2. What’s more - with CoinSwitch, you do not rely on a separate wallet from the exchange to store your SEQ cryptocurrency. Instead, all transactions happen to and from your own personal private wallets.

Storage

The best option to store SEQ coins is the Sequence wallet itself. It is available for download on Windows and OSX. They can also be stored in any ETH wallet like MyEtherWallet since they are ERC20 compliant. Other storage options include hardware wallets like Ledger Nano S and Trezor. Exodus and Jaxx are also the storage wallets for SEQ.

 

#4 – What is the future of Sequence?

  1. Duality has not yet specified its roadmap for the future. It also lacks a whitepaper even after two years of SEQ’s release. The 13-member team of Sequence, however, has a long-term aim to enhance the development of BaaS and contribute to the society.
  2. SEQ started trading on the market in September 2016. The market capitalization could not be capitalized at the outset due to the coin’s pre-mining.
  3. Like many other cryptos, the coin witnessed skyrocketing values at the beginning of 2017. It has seen a steep learning graph ever since.

Also Read: Complete Analysis of Sequence | Live Sequence (SEQ) Price Charts And Predictions

Price History

Date

Open

High

Low

Close

Volume

Market Cap

July 01, 2018

0.097726

0.098276

0.095189

0.097092

1,013

4,470,993

June 01, 2018

0.117619

0.117958

0.113125

0.115129

917

5,371,737

May 01, 2018

0.202928

0.203306

0.194354

0.198496

45,914

9,251,223

Mar 01, 2018

0.187915

0.239536

0.185734

0.226178

25,983

8,536,207

Dec 01, 2017

0.170282

0.187430

0.164520

0.184865

38,556

7,694,396

Aug 01, 2017

0.074449

0.083475

0.067613

0.078811

11,049

3,339,716

 

#5 – How is Sequence different from other cryptocurrencies?

  1. Sequence is much faster than Bitcoin with a speed as fast as 64 seconds for the confirmation of new transactions. The size of each block is 4MB in comparison to Bitcoin’s 1MB block.
  2. Duality also distinguishes itself and its coin from other platforms by provisioning BaaS on a public network. It gives the company an edge over others and saves all the expense of hosting the currency on a private server.
  3. In order to boost its performance, Duality encourages the participants to invest in dynodes. This will mean that the many services are circulated, the costs of which are equally distributed among the users.

 

#6 – Should you invest in Sequence?

  1. Duality's ultimate objective is to use BaaS for real-world problems. The company seeks to modify the way we use BaaS and provide the masses with the right resources for the same. SEQ is its token coin, the prices of which are largely attached to DYN, its payment coin.
  2. Sequence is like most other crypto coins in the market. A decision to invest in the coin should mainly rest on its recent performance in the market. It has seen considerable price fluctuations in the first half of 2018.
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