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