V SYSTEMS is the blockchain database cloud by Sunny King, creator of PoS.
The aim of V SYSTEMS is to grow to be the infrastructure of the digital economic system period which fashioned by tens of millions of blockchain functions.
Re-Architect Blockchain, De-Centralize Finance
About V SYSTEMS
In 2016, Sunny King, the inventor of Proof of Stake (PoS) consensus mechanism, gathered a crew of the world’s high database scientists and arithmetic encryption specialists to start out the mission V SYSTEMS. Via the innovating consensus algorithm and decentralized database cloud platform, the mission goals to deal with the core points circulating the present blockchain trade – scalability and utilization threshold.
By maturing the PoS expertise, Sunny King created an elevated model of the consensus algorithm based mostly on supernodes – Supernode Proof of Stake (SPoS). Not solely does SPoS inherit the benefits on safety and scalability of PoS, nevertheless it additionally brings important enhancements to the shortcomings of PoS, thus making it a extremely environment friendly, steady and safe backside layer for blockchain.
The main spotlight for V SYSTEMS is the world’s first Frequent Kind System blockchain database. Utilizing an object-oriented method for storage, the database provides high-concurrency, environment friendly indexing and lots of extra benefits to varied blockchain knowledge use circumstances. It may additionally help industrial-scale decentralized functions, a key pattern forward of blockchain.
One other key facet of V SYSTEMS is a improvement cloud platform geared up with a modular system. With a easy and intuitive design just like a improvement engine, V SYSTEMS makes blockchain improvement as simple and quick as constructing blocks, thus decreasing the entry barrier for corporations to develop the blockchain.
The appliance of V SYSTEMS’s DApps platform together with good contract functions, sidechain functions, and cross-chain functions will concentrate on mainstream industries such because the finance sector.
Circulating the varied improvements of V SYSTEMS is the native token VSYS Coin. The annual quantity of further issuance is mounted at a fee of 5%, and the speed is reducing yearly. The transaction value destruction mannequin of PoS can be adopted, granting a balanced and wholesome economic system. Extra importantly, the design of SPoS permits all coin holders to lease their coin stake to a supernode, and take part within the block manufacturing course of to get rewards. This considerably improves V SYSTEMS’ immunity towards 51% assaults.
The V SYSTEMS mainnet was launched on November 27th, 2018. To attain a model new period of the digital economic system, the event crew is at present engaged on tech updates for 2019 and 2020 resembling good contract, blockchain database platform, sidechain and cross-chain in 2019-2020.
Venture Title: V SYSTEMS
Official Web site: https://www.v.methods
Venture Introduction paperwork: https://v.methods/whitepaper.html
Discover ways to participant supernode minting: https://v.methods/supernode.html
About VSYS Coin
V SYSTEMS’ cryptocurrency trade ticker: VSYS
VSYS Coin lists on exchanges: https://v.methods/begin.html
VSYS Coin on coinmarketcap web page: https://coinmarketcap.com/currencies/v-systems/
Quick Abstract for VSYS Coin:
VSYS cash are the cryptocurrency on V SYSTEMS blockchain.
The genesis block produced 5,142,858,000 VSYS Cash, then yearly produces a hard and fast round 283,824,000 VSYS Cash, issued by supernode minting, with a inflation fee round 5% which decreases yearly.
In regards to the V SYSTEMS Workforce
Architect: Sunny King
Sunny King, a legendary blockchain developer, is the inventor of Proof-of-Stake consensus mechanism and creator of three cryptocurrencies/blockchain initiatives, together with V SYSTEMS, Peercoin, and Primecoin. Every mission brings essential developments to blockchain expertise and its group.
Sunny King Wiki:
Sunny King Twitter:
Tweets by sunnyking9999
Sunny King’s assertion on the V SYSTEMS public chain:
Core Developer Workforce Introduction:
The core developer crew are specialists from ex-Oracle, VMware, Google, Uber, and extra different silicon valley tech corporations. The main developer crew members are all world’s high database scientists and mathematicians.
Social Medias of V SYSTEMS
VSYS Speak: http://discuss.v.methods
VSYS Twitter: https://twitter.com/VSYSCoin
Sunny King Twitter: https://twitter.com/sunnyking9999