V Systems VSYS to TRON TRX Exchange

Crypto Pair Details: VSYS to TRX

V Systems VSYS

V.SYSTEMS is 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, providing high performance minting, transaction processing and smart contract functions. VSYS is the native currency for the V.SYSTEMS blockchain platform with a multitude of uses including transactions, staking and minting on the network. V.SYSTEMS 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, a super efficient distributed consensus algorithm with the highest 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 vast variety of applications including but not limited to finance (DeFi), entertainment, social network and many more.

TRON TRX

What is Tron? Tron's mission is to build a truly decentralized internet and aims to be the largest blockchain-based operating system in the world, known as the TRON protocol. The TRON protocol will offer high scalability, high availability, and high throughput computing to serve decentralized applications via smart contracts. Ethereum EVM-based smart contracts will be compatible and deployable on the TRON network as such Solidity developers do not have to rewrite their applications. Why Tron? Since TRON protocol does not rely on proof of work or mining, instead governed by nodes located around the world, it is decentralized while providing high throughput for transactions on the blockchain. This is suitable for dapps that require high speed transactions especially games. There are a number of tokens already issued on the TRON network and the decentralized exchanges TRX.market has launched. On July 24th 2018, TRON acquired BitTorrent, one of the largest P2P file sharing protocol. As a result of the acquisition, BitTorrent Token (BTT) was launched as the cryptocurrency to power the economics on the BitTorrent network. The Token will be used to inceltivize file sharing and storage within the network.

SOURCE: COINGECKO

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