V Systems Information

V Systems (VSYS) is an open-source blockchain network built to enable and support efficient and agile development of Web 3.0 decentralized applications. It is designed for real world use cases, making it possible to create, send, trade and track them in a digital form. V Systems is designed for real-world use cases with a set of composable “no code” smart contracts. This makes it easy for blockchain developers to build their own decentralized applications without worrying about complicated infrastructure components. V Systems is powered by the Supernode Proof-of-Stake consensus mechanism (PSoS), an efficient distributed algorithm with high resistance to 51% attacks. SPoS is designed to allow for high scalability and transaction throughput while retaining as many favorable features of Proof-of-Stake as possible. V Systems was founded in 2018 by Sunny King, a pseudonym for the creator of the Proof of Stake (PoS) consensus mechanism. Sunny King has launched three blockchain projects – V Systems, Peercoin, and Primecoin.