What Is V SYSTEMS?
V Sytems (VSYS) is a blockchain-based database cloud project that aims to develop a secure underlying infrastructure platform for blockchain database. The project aims to deliver decentralized cloud database technology to conduct complex decentralized applications and support the operation of trillions of blockchain effectively with high scalability, durability, and performance.
V Systems focuses on database and cloud services. It also aims to create a secure underlying infrastructure platform for blockchain the new technology—Supernode Proof-of-Stake (SPoS) consensus algorithm. With this innovation, V Systems blockchain can deliver decentralized cloud database technology with high scalability, finality, durability, and performance that is practically resistant to 51% attack.
Support For Multiple Applications
V Systems network can equally support efficient and agile development of a vast majority of applications including Decentralized Finance (DeFi), social media, entertainment, and many more. The V Systems mainnet and supernodes were launched in November 2018 and the VSYS coin is already listed on more than 10 top exchanges including Bitfinex and ZB since the beginning of this year (2019).
Currently, the V Systems mainnet has 15 supernodes operated by exchanges, wallets, as well as staking communities. Thousands of VSYS coin holders are already invited to take up the role as minters through coin leasing, which contributes to a total staking value of nearly USD $345 million and it continues to grow.
V SYSTEMS Benefits
Decentralized Database and Application
V Systems believes decentralized and scalable database and applications with blockchain technology are in high demand for private and public use cases. The platform provides customized solutions for businesses across various industries with secure and performing decentralized cloud platforms.
Blockchain development platform
V Systems provides development platforms for application developers to instantly create blockchains. Besides, the platform has a modular structure that supports multiple consensus algorithms.
User-friendly Blockchain Creation
V Systems blockchain development platform makes the technology as user-friendly as possible and greatly ease the burden for developers while exceeding project requirements.
Supernode Proof of Stake
The Supernode Proof of Stake (SPoS) consensus is a fresh innovation by Sunny King. The V Systems operates upon this major pillar. The following are its key features:
- Stable and secure: Performance-oriented consensus mechanism that ensures stable and fair development of the blockchain ecosystem, and is practically resistant to 51% attack.
- Self-governance: The cold minting function and stake liquidity enable users to have full control over their own VSYS Coins and private keys.
- Scalable: SPoS is designed to be functionally upgradable to accommodate the increasing number of supernodes and further shorten the block creation time.
What is VSYS Coin?
VSYS Coin is the native currency for the V SYSTEMS blockchain platform with a multitude of uses including transactions, staking, and minting on the network. VSYS Coins can also be used to access a vast variety of applications built on the V SYSTEMS network.
Official Wallet by the VSYSTEMS Team
V SYSTEMS mainnet offers both hot wallet and cold wallet in order to provide the best security solution to store your VSYS Coin. Feel free to download the wallets.