What is V Systems?
V SYSTEMS is a blockchain infrastructure provider with a focus on database and cloud services. Led by Chief Architect Sunny King, the V SYSTEMS blockchain aims to create a secure underlying infrastructure platform for blockchain database through his new innovation – Supernode Proof of Stake (SPoS) consensus algorithm.
The V SYSTEMS blockchain platform can deliver decentralized cloud database technology with high scalability, finality, durability and performance that is practically resistant to 51% attack. The network can also support efficient and agile development of a vast variety of applications including finance (DeFi), entertainment, social media and many more.
The V SYSTEMS mainnet and supernodes went live in November last year, and VSYS Coin has been listed on more than top 10 exchanges including Bitfinex, ZB, Huobi since the beginning of 2019. The mainnet currently has 15 supernodes operated by exchanges, wallets and staking communities. More than tens of thousand of VSYS Coin holders have been onboarded to take up the role as minters through coin leasing, contributing to a total staking value of approximately US $345 million and is growing.