Market Rank | #3249 |
---|---|
Market Cap | $ 1.7M |
Volume 24h | $ 0.4M |
Circ. Supply | 3.3B |
Total Supply | 6.9B |
Max Supply | ? |
As of today, the current market price of V.SYSTEMS (VSYS) is $ 0.00052781.
V.SYSTEMS is a blockchain infrastructure provider that focuses on database and cloud services. It's powered by the Supernode Proof-of-Stake (SPoS) consensus algorithm, a specially designed mechanism that enables decentralized elections of supernodes following Proof-of-Stake (PoS) principles. These supernodes are responsible for minting coins, processing transactions, and running smart contract functions.
The platform’s native currency, VSYS, is utilized within the V.SYSTEMS blockchain for various operations such as transactions, staking, and minting on the network.
V.SYSTEMS was conceived and developed with Sunny King as the lead architect. Notably, Sunny King is prominent within the cryptocurrency scene and is best known as the creator of Proof-of-Stake consensus mechanism. King led the design and implementation of Supernode Proof-of-Stake (SPoS) consensus algorithm for V.SYSTEMS.
V.SYSTEMS aims to deliver high performance, scalability, and durability in decentralized cloud database technology. A critical attribute of V.SYSTEMS is that its specially crafted SPoS Consensus, maintained by supernodes, is resistant to 51% attacks.
More importantly, V.SYSTEMS is a versatile infrastructure that can support the swift and efficient development of a myriad of applications. Its functionality extends to numerous sectors, including finance (especially DeFi), entertainment, social networking, and much more.
V.SYSTEMS’s uniqueness stems from its multi-functional decentralized cloud platform design, which is based on modular systems. This design allows developers flexibility and efficiency in developing a wide variety of applications across different sectors.
Additionally, the Supernode Proof-of-Stake (SPoS) consensus algorithm employed by V.SYSTEMS provides high performance and security, making it a formidable and resilient network.
Currently, there are 3.3B VSYS coins in circulation.
The market capitalization rank for V.SYSTEMS is #3250.
In the past 24 hours, V.SYSTEMS (VSYS) has decreased by -8.88%.
You can purchase V.SYSTEMS (VSYS) at several cryptocurrency exchanges as listed on our site Indodax, CoinEx, OceanEx, Coinone, but always ensure to transact on platforms you trust to keep your investments safe.
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