Equity Overview
Price & Market Data
Price: $0.0₃28
Daily Change: -$0.0₅556 / 1.98%
Range: $0.0₃275 - $0.0₃286
Market Cap: $1,960,775
Volume: 0
Details
V SYSTEMS is a project led by Sunny King, the creator of Proof of Stake consensus. The project brings in expertise from the world's top database scientists and mathematicians with a mission to use consensus algorithm innovation and distributed database cloud platform to solve one of the core problems in the development of the blockchain industry: scalability and stability. Supernode Proof-of-Stake (SPoS) consensus is Sunny King's new innovation, it 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.Supernode Proof-of-Stake (SPoS)- While it retains the core principles of PoS (and some of its derivatives), what sets SPoS apart is that it focuses more on hardware upgrades than on enhancements in the protocol. SPoS only allows supernodes to participate in the consensus process. Supernodes have higher memory, bandwidth and processing power compared to ordinary nodes, ensuring that the network performance does not get restricted by the limitations of individual nodes.Telegram | Reddit | Github | Medium | BitcoinTalkWhitepaper