V Systems in Korea This week we further discussed our Korean marketing strategy with the Local partners. The team will meet with a number of partners in Seoul next week. It is expected that in the near future, we will bring you a great news. Trust that soon Korea will have a lot of VSYS fans who follow Sunny King to change the world with blockchain. To be updated with our latest updates, follow us on Twitter: https://twitter.com/VSYSCoin |
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V SYSTEMS is offering token publish support to STO What are security token and STO? In general, tokens in the blockchain space can be loosely divided into two categories — utility token and security token. Utility token refers to a token that provides holder a product or service (hence the utility value), for instance the right to use a network. Read more from here for more information: https://medium.com/vsystems/v-systems-is-offering-token-publish-support-to-sto-9a7008d8b5f5 |
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What’s ahead for decentralized database? It’s easy to miss but when you think about it, many systems in our daily lives are in fact built upon databases emails, bank accounts, music streaming sites you name it. All of them are in one way or another linked to a database or, multiple databases. Read more from here for more information: https://medium.com/vsystems/whats-ahead-for-decentralized-database-c7cc9aa1f407 |
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Stake liquidity With a high level of stake liquidity, minters can spend or transfer their stake at any time. Coin leasers can also withdraw their lease, spend, or transfer their stake at any moment. This freedom of movement helps safeguard the blockchain. Take an extreme example of when supernodes are under attack under SPoS mechanism, a coin holder can immediately withdraw the lease and switch to a secure backup supernode. Check more at: https://medium.com/vsystems/supernode-proof-of-stake-complete-guide-by-moonking9998-41a8f7675a28 |
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Coin age cannot accurately reflect contribution As a proof of the stake value in minting opportunity, coin age shows a high level of stability and a wide range of advantages. However, since it is a transaction-based measurement, the computational complexity is correlated with the number of transactions executed in a given time. Also, coin age is not an accurate indicator of the stake owner’s contribution to the community. https://medium.com/vsystems/supernode-proof-of-stake-complete-guide-by-moonking9998-41a8f7675a28 |
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Sunny King developed PoS as an alternative means of achieving consensus to Proof-of-Work (PoW). Simply put, the creator of a new block is selected, usually but not always based on the number of tokens they hold. Rather than relying on energy-intensive mining rigs, King considered PoS to be a far more practical way to scale blockchain networks without compromising security or immutability. Read more at: https://cryptobriefing.com/sunny-king-blockchain-utility/ |
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V Systems Roadmap The V SYSTEMS public chain platform will fully implement Enterprise Decentralised Application (DApp) support with a full privacy protection layer for smart contracts, databases, and cloud development on mobile devices. It will be both easy to use and developer friendly: we will now deliver these qualities by adding modular development functions and cloud platform tools to enable enterprise developers to focus on creating business-ready blockchains, rather than grappling with difficult coding issues. Have a look at our 2019 Roadmap to see what lies ahead in this exciting phase of development. V Systems roadmap is here: https://medium.com/vsystems/vee-a-roadmap-to-blockchain-liberation-91d7e93894ab |
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V SYSTEMS platform will fully implement Enterprise Decentralized Application (DAPP) support with a full privacy protection layer for smart contracts, databases, and cloud development on mobile devices. An Enterprise DAPP’s back-end code will run on V SYSTEMS’ decentralized peer-to-peer network, unlike conventional apps whose back-end code runs on servers. To know more about V Systems , read our WHITEPAPER from here: https://www.v.systems/pdf/vsyswhitepaper.pdf |
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VSYS Coins are the cryptocurrency on V Systems Blockchain. Following the V Systems Mainnet Network Launch in September 2018, VSYS Coins will be used to pay transaction fees, supernode functions, leasing and minting. The VSYS Coins will aslo be used to access applications built on the V Systems network, such as Smart Contracts, DApps and pay resources usage for projects built on V Systems decenterlized database cloud. Want more Information? Please visit: https://www.v.systems/start.htmlDon’t forget to read our whitepaper: https://www.v.systems/pdf/vsyswhitepaper.pdf |
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V Systems Whitepaper V SYSTEMS is on the verge of an exciting phase in our growth. Since the publication of Sunny King’s first V SYSTEMS whitepaper, we have been hard at work to deliver his vision a time when abundant affordable, scalable and flexible blockchains are used to power businesses large and small, as well as public services, games and other high-tech applications. The much-touted blockchain advantages like security, instant updating, traceability and trust will finally be within reach of everyone. Read the V Systems Whitepaper: https://www.v.systems/pdf/vsyswhitepaper.pdf |
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Supernode Operation status The average operating efficiency of super nodes is 99% this week, the total number of miners in super nodes is growing rapidly, and the total amount of dollars leased to super nodes has reached nearly 1.2 billion VSYS Coin. Read more from here for details. https://medium.com/vsystems/weekly-report-2019-march-2-151c32dd0703 |
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Sunny King developed PoS as an alternative means of achieving consensus to Proof-of-Work (PoW). Simply put, the creator of a new block is selected, usually but not always based on the number of tokens they hold. Rather than relying on energy-intensive mining rigs, King considered PoS to be a far more practical way to scale blockchain networks without compromising security or immutability. Read more at: https://cryptobriefing.com/sunny-king-blockchain-utility |
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