The start of work on the project was laid back in 2016. During the first years, technical preparatory work was carried out. They were completed only in 2018. The developers announced the launch of this currency in early spring 2019. At the start of sales, the cost of one electronic coin was within 3 US cents, but the total turnover amounted to more than $ 1,000,000 per day. This was a significant breakthrough among altcoins. By the end of March, electronic coins appeared on the ZB.com exchange, and at that moment the cost of one coin was already 5 cents. During the token sale, the cryptocurrency sold out in a few minutes. After that, its cost increased 2 times more.

A few weeks later, listing on Coinall began. This allowed the VSYS coins to double in value. Many users were waiting for the onset of the correction period. It came, but the price of the coins remained practically unchanged, which is a rarity for this market. The growth dynamics remained almost until the end of spring. Only in May, the increase in the exchange rate stopped at around 12 cents. After some time of calm, the growth continued, and in June the price was 20 cents. It is this course that is the historical maximum. The daily turnover reaches over $ 10 million.

V Systems can be considered one of the most progressive projects using a distributed cloud database for blockchains. This concept has not been used before, which allows us to consider it innovative. The target audience of the project was technical specialists. They get a ready-made base from which to scale and launch products. Also, this framework is suitable for ordinary users who operate a cloud service. For them, V Systems becomes a huge platform where you can conduct transactions at the highest possible speed without paying a large commission. The practical viability of this system was quickly proved. Not every new project in the field of cryptocurrencies manages to achieve such success. The users liked the advantages in the form of the high speed of the money transfer. It is also worth noting the good protection against cyber attacks, which was able to prevent many attempts at the beginning of the projects launch.

At V Systems, the internal functional currency is VSYS. It serves to pay for user transactions, access various applications, and chain launches. The large growth of the cryptocurrency rate, which has been observed several months since its inception, attracted more attention from investors. Moreover, the developer of these tokens is S. King, who is well known in the world of cryptocurrency. He has already been involved in the creation of several successful crypto projects such as XPM and PPC. After King left these projects, they significantly lost their positions, so the new project was potentially interesting to many.

V Systems capabilities

The company initially developed a fundamentally new approach that was supposed to affect the operation of the blockchain. It consisted in using a special cloud base. It allows you to launch and develop blockchain products. In other words, the new electronic coin is backed by a functional platform that serves to conduct fast transactions with minimal fees. Typically, a transaction takes less than 1 second. The system provides users with a high level of security, which plays a very important role when working with finances. The internal currency VSYS is used to pay for all these operations. At the time of launch, the developers brought 5,000,000 coins to the market. Gradually, this amount is reduced artificially so as not to cause inflation.

The main nuance of the project is that the system works according to the SpoS algorithm. Sunny King was one of the people behind this algorithm. He also decided to use it in a new project. System performance has improved significantly due to the fact that stable blocks are formed.

All users who own VSYS coins get the opportunity to participate in the rally. Mitting is the process of forming new blocks. Users are rewarded for their creation. It does not matter how long the user keeps the coins, how many of them and whether he has programming skills.

The availability of VSYS coins to users also opens up other opportunities for them that relate to the development of a new application. Typically, this process takes only a couple of minutes. The platform has several tools, modules and protocols. All this serves to embody what the user intended to implement. The platform also allows the exchange of different blockchains that are not interconnected. For this, special cross-chains have been created within the platform.

The project provides an opportunity for users to move to side chains. Sidechains open the way for a secure fork that does not affect the main chain. The whole set of possibilities provides system participants with much more options for implementing their own ideas.

How V Systems is created

At the moment, you can buy VSYS on many exchanges, since it is a fairly common cryptocurrency supported by both large and small platforms. The main way to create coins is by mining. The user is required to become one of the nodes that produce coins. This lesson is not available to everyone. An original approach to creating many elements was also reflected in the mining of cryptocurrency. To become one of those nodes that get the right to mine coins, you need to have powerful computing equipment. The number of places for nodes is limited. In order for the user to become a new node, he needs to prove that he is more suitable for this place. Thus, it replaces one of the existing nodes. This is suitable mainly for professional miners, thereby preventing ordinary miners from participating in this process.

To receive coins from the rest, there is the possibility of buying tokens and leasing. Leasing is an investment in one of the nodes, thanks to which the user has the opportunity to receive interest from the mined electronic coins. To use this option, you need to create a wallet inside the V Systems system. Next, you need to go to the platform website in a section called Supernode. There will be a Supernode Rank List button. It allows you to choose a suitable supernode. Using the Leasing tab, you can transfer funds that are on the users wallet to the selected option.

Another way to get funds is to give away coins for free. It is used to increase user activity and attract attention. This method is not practiced very often, but for those who do not become a mining node, this is the simplest method. However, one should not place high hopes on him.

The internal electronic coin has a high solvency. This is due to the developed virtual economy, well balanced to operate in this environment. In this way, the creators maintain the interest of both miners and coin holders. When the blockchain is verified, the currency is spent on paying commissions, interest payments, rallies and other things.

Is V Systems Infinite?

The cryptocurrency is actively developing, which provides it with quite high places in the ratings. This creates conditions for the expansion of emissions. It continues now, as it is envisaged within the framework of the overall development of the project. Since the launch of the project, more than 5 billion coins have been issued, but then a gradual reduction in their number is envisaged. It is rather difficult to answer the question of how many coins there are in the system, since the production process here goes on endlessly, but at the same time some of the coins leave the market. Calculations suggest that there are currently about 3.5 billion VSYS, but the exact number is unknown.

Strengths of V Systems

The experience of the developers and the originality of the project to which the cryptocurrency is attached creates the basis for many advantages over others. One of the strengths is the popularity of the developers. Sunny King was a famous person in his industry. Prior to that, he created several successful projects. The attention of users was riveted to what he released next. It is for this reason that V Systems has gained a lot of user confidence from the very beginning of its existence.

The developers also had the support of some of the largest investors. The project involved many specialists who helped create a quality product in the form of a main platform. This contributed to the strengthening of the cryptocurrency in the market.

Most of the top traders are overwhelmingly positive about the new coin. Many users believe that the coin is now undervalued, despite its clear success. According to some experts, after realizing the true value of a new asset, as well as its contribution to the modern digital economy, the value of coins will increase significantly, increasing their global rating. The coin is now widely supported by the largest crypto exchanges. Moreover, quite a few of them announced the possibility of trading even when the cryptocurrency had not yet been introduced to the market.

This project is considered promising. The market is constantly evolving, which requires the use of new reliable technologies. V Systems integrates blockchain, distributed databases, and cloud services. Such a synthesis opens up opportunities for solving many contemporary pressing issues. The whole set of these qualities makes it possible for the project to stand out against the background of other options that exist in this area.

The presence of a potential base for development. In the future, it is possible to expand the system by opening new nodes for mining coins. It is also supposed to create a cloud storage that will distinguish it from other similar services. Technologies must comprehensively support the execution of smart contracts. It is planned to create additional modules, update software. Thus, over time, the system will reach a new level of functioning.

One of the most important benefits is that users get a stable product. Not all crypto projects offer a ready-made option. V Systems managed to provide a viable system, despite the fact that the ambitions of the project were large enough. Experienced users see a lot of work in a project. The practical part for altcoins becomes the key to success, and in this case it is implemented more efficiently than competitors.

Naturally, many things here depend on the main leader, who has previously left his projects. If he leaves, then the project will lose a certain share of the benefits. Practice shows that development largely depends on whether the management will support the system in the future or, when receiving a share of the profit, will start creating new projects. The current state of affairs so far suggests that V Systems is a long-term project and its full potential will be realized in the future.

V Systems place in the TOP

At the moment, VSYS cryptocurrency is ranked 56th in the overall world ranking. The position has been stable in recent months, but in August the positions of the coins were higher. This is influenced by general market trends, as well as the entry of new cryptocurrencies into the market. Experts forecasts for the development are mostly positive.