VSYS Coin is the primary currency for the V Systems blockchain platform and is used for transactions, staking, and minting on the network. It also provides access to various applications built on the V Systems network. V Systems is an open-source network designed for creating, sending, trading, and tracking real-world use cases in a digital form. The blockchain is supported by the Supernode Proof of Stake (SPoS) consensus algorithm, developed by Sunny King, the creator of Proof of Stake (PoS). Supernodes act as minting pools to generate blocks and obtain rewards, ensuring a stable and efficient network for sustainable development. V Systems also focuses on providing blockchain infrastructure with database and cloud services.
