V.SYSTEMS
V.SYSTEMS
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Type: Cryptocurrencies
Ticker: VSYS
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More information about V.SYSTEMS

About

V SYSTEMS (also known as VSYS) is a blockchain database cloud project that aims to create a brand new digital economy era. The project will deliver the world's first object-oriented general purpose distributed database, which is empowered to carry complex decentralized applications.

- Decentralized Database and Application : Decentralized and scalable database and application with blockchain technology is in high demand in areas such as banking, asset management, trading, contracts, etc. We provide custom solutions for businesses and organizations with decentralized cloud platforms.

- Blockchain Development Platform : We provide development platforms for application developers to instantly create blockchains. The platform has a modular structure that supports multiple consensus algorithms.

- User-friendly Blockchain Creation : Our user-friendly blockchain creation platform significantly lowers the entry barrier for blockchain development, easing the burden for developers while exceeding project requirements.

What is SPoS?
Supernode Proof-of-Stake (SPoS) consensus is Sunny King's new innovation, a major pillar that V SYSTEMS is built upon.

- Performance-oriented Evolution : SPoS is designed with enough incentives for supernodes to upgrade hardware and therefore continuously improve the network performance to support large scale growth of decentralized applications.

- Minting Economy and Self Governance : Supernodes minters produce blocks using both their own coins and coins leased by other users. A reward in the form of interest will be paid to the owners of paid coins. Since equal minting right gives supernodes equal standing and output, an equilibrium exists as a built-in force to equalize the ecosystem and thus solves the threat of centralization as seen in Bitcoin and other PoS ecosystems.

- No Barrier to Participate in Minting : By introducing a pioneering account balance measure known as Minting Average Balance, V SYSTEMS is able to support stake liquidity and resolve busy contention attacks. The high liquidity removes the entry barrier for users who would like to participate in minting while ensuring the security of the network.

Why V SYSTEMS?

- Open Platform : Open to all blockchain technologies. Promote a healthy and competitive environment for a variety of blockchain technologies and ideas.

- Cloud : Facilitate a more efficient creation of new blockchain apps with advanced cloud tools that help blockchain developers focus on business logic.

- Scalability : Optimized for database application, modular architecture, micro services, and industry standard REST API.

https://www.v.systems
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