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

Erica Lee

Erica is a finance professional who has over a decade of experience in the finance sector as a management consultant. After years of reporting on forex, stock markets, and finance, she now contributes her strong financial skills with the CoinNewsSpan team. Since 2014, she has been deeply involved in the blockchain and cryptocurrency space. She believes that blockchain technology has tremendous potential to make our lives better.

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