what is v.systems?
v.systems describes itself as a blockchain infrastructure provider with a focus on database and cloud services. Powered by the Supernode Proof-of-Stake (SPoS) consensus algorithm, each supernode is elected in a decentralized network according to Proof-of-Stake (PoS) principles. According to the team, it provides high-performance minting, transaction processing, and smart contract functions. VSYS is the native currency for the v.systems blockchain platform with use cases such as transactions, staking, and minting on the network.
The v.systems team aims to deliver decentralized cloud database technology with high scalability, durability, and performance. With Sunny King as the lead architect, v.systems has already designed and implemented SPoS Consensus, which the team claims to be an efficient distributed consensus algorithm with resistance to 51% attacks. The network plans to operate as a cloud platform based on modular systems that can support efficient and agile development of a host of applications such as finance (DeFi), entertainment, and social network.
V Systems (VSYS) is a cryptocurrency, launched in November 2018. V Systems (VSYS) Price for today is $0.0233517, for the last 24-hours 209,967,959 VSYS’s were exchanged with a trade volume of $4,903,103. It’s currently traded on 17 exchange(s) and has 30 active market(s), the top two exchange pairs are bitcoin & tether. The price is down by (-3.65%) for the last 24 hours. It has a circulating supply of 1.8 billion coins and ranked as #92 with $41.8 million market cap. ATH (All Time High) price recorded in our base is $0.2622618 (10 Month Ago), for the previous 52 weeks lowest and highest price for VSYS was $0.0137078 and $0.2825465.
How do I buy cryptocurrency?
While some cryptocurrencies, including bitcoin, are available for purchase with U.S. dollars, others require that you pay with bitcoin or another cryptocurrency.
To buy cryptocurrencies, you’ll need a “wallet,” an online app that can hold your currency. Generally, you create an account on an exchange, and then you can transfer real money to buy cryptocurrencies such as bitcoin or ethereum.
Coinbase is one popular cryptocurrency trading exchange where you can create both a wallet and buy and sell bitcoin and other cryptocurrencies.