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Blockchain News

V SYSTEMS Mainnet Launched by Peercoin VPool

The Proof-of-Stake blockchain platform Peercoin has recently announced to launch V SYSTEMS mainnet via a supernode called “Peercoin VPool.” The Peercoin team will be utilizing the expertise that it has gathered over the years of its operations to provide quality service for the newly launched V SYSTEMS community.

With this launch, Peercoin VPool has achieved the supernode status by replacing V Power. V Power and Walkbank are two of the earlier players on the V SYSTEMS network. V SYSTEMS is a blockchain provider that mainly focusses on cloud and database services. Founded by the renowned architect Sunny King, the V SYSTEMS blockchain platform aims at creating a secure blockchain platform for its various blockchain databases, using the innovative SPoS or the Supernode Proof-of-stake algorithm.

If this project brings in enough stake for the Peercoin team, then it will be a new source of revenue to help raise funds, promote listings and much more. It will also provide a substantial portion of its minting rewards for the V SYSTEMS community development and marketing of the V Pool project. In this regard, the Peercoin team remarked,

the Peercoin team remarked

Ritu Lavania

Ritu Lavania is a full-time Web3 content writer with over three years of experience in the crypto industry. With the CoinNewsSpan team, she creates well-researched and engaging content that grabs the attention of readers. Her content has also been featured in TheCryptoTimes and The Coin Edition, and she is thus well-known in the crypto community. Being a research specialist, SEO expert, and creative writer, she produces content for various audiences. Apart from crypto, Ritu is passionate about education, loves teaching children, and is a poet. Staying current with blockchain trends at all times, she is of the opinion that storytelling brings otherwise daunting crypto subjects within reach and interesting.