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Dear KuCoin Users,
KuCoin is extremely proud to announce yet another great project coming to our trading platform. V Systems (VSYS) is now available on KuCoin. Supported VSYS/BTC trading pair.
Please take note of the following schedule:
- Deposits Effective Immediately
- Buying order: 18:30 Jan 18, 2019 (UTC+8)
- Selling order: 20:00 Jan 18, 2019 (UTC+8)
- Withdrawal: 18:00 Jan 20, 2019 (UTC+8)
V Systems (VSYS) Introduction:
In 2016, Sunny King, father of the PoS Consensus, started a project called V SYSTEMS (also known as VSYS). 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 blockchain industry: scalability and stability.
Through the evolution of PoS, the V SYSTEMS team has created Supernode Proof-of-Stake (SPoS). This new consensus mechanism is based on supernode construction, and supports thousands of TPS after main chain expansion to achieve high performance in terms of speed, stability and security. The key to realise the next generation of self-governance blockchain ecosystem is with SPoS as a basic layer in the infrastuture.
Another revolutionary idea of V SYSTEMS is to build the world’s first general purpose decentralized database with objective data type, which has the ability to support high-concurrency and efficient indexing functions to unleash the full potential of decentralized applications in daily data processing.
Furthermore, V SYSTEMS will build a flexible modular development cloud platform to allow the creation of simple, swift yet secured blockchain development platforms.
V SYSTEMS has also innovatively adopted the mechanism of transaction cost destruction and annual fixed inflation rate to build a sustainable economic model.
The vision of V SYSTEMS is to build a future economy with billions of service-oriented blockchains. V SYSTEMS’ mainnet has been launched for months, and the team is working hard to deliver Dapp and side chain platforms in 2019-2020.
VSYS Official Website: https://www.v.systems
VSYS Introduction Documents: https://www.v.systems/whitepaper.html
Introduction of VSYS Supernode Minting: https://www.v.systems/supernode.html
Ranklist of the VSYS Supernodes: https://vsysrate.com/
Risk Warning: Investing in cryptocurrency is akin to being a venture capital investor. The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. KuCoin attempts to screen all tokens before they come to market, however, even with the best due diligence there are still risks when investing. KuCoin is not liable for investment gains or losses.
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