THIS IS NOT FINANCIAL ADVICE
I like everything i have researched about this coin thus far. By no means am I an expert or claim to be an expert on VSYS technology. I am merely trading this coin and using my expertise to gauge what are good buys and what are bad buys in the market.
BLACK LINES are support.
RED LINES are resistance.
BLUE LINES are trends.
TRADE IDEA:
VSYS bottomed at .000755 and is now reversing trend upwards. My price target for VSYS is .012 where I will likely take 4/5ths profit and ride the rest out to .052 which is my longer term target. This chart is very bottomed.
FUNDAMENTALLY
V Systems is designed for real world use cases and has a set of composable “no code” smart contract templates that cover the vast majority of real-world smart contract use cases without any need for security audits. Deploying smart contracts should be low-cost and effective. VSYS Smart Contracts are 1/10th of what they cost on Ethereum. Payment channels can now allow users to send small amounts of payments or make high-frequency transactions with reasonable transaction fees.
v.systems describes itself as 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. According to the team, it provides high-performance minting, transaction processing, and smart contract functions. VSYS is the native currency for the v.systems blockchain platform with use cases such as transactions, staking, and minting on the network.
The v.systems team 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, which the team claims to be an efficient distributed consensus algorithm with 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 host of applications such as finance (DeFi), entertainment, and social network.
I like everything i have researched about this coin thus far. By no means am I an expert or claim to be an expert on VSYS technology. I am merely trading this coin and using my expertise to gauge what are good buys and what are bad buys in the market.
BLACK LINES are support.
RED LINES are resistance.
BLUE LINES are trends.
TRADE IDEA:
VSYS bottomed at .000755 and is now reversing trend upwards. My price target for VSYS is .012 where I will likely take 4/5ths profit and ride the rest out to .052 which is my longer term target. This chart is very bottomed.
FUNDAMENTALLY
V Systems is designed for real world use cases and has a set of composable “no code” smart contract templates that cover the vast majority of real-world smart contract use cases without any need for security audits. Deploying smart contracts should be low-cost and effective. VSYS Smart Contracts are 1/10th of what they cost on Ethereum. Payment channels can now allow users to send small amounts of payments or make high-frequency transactions with reasonable transaction fees.
v.systems describes itself as 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. According to the team, it provides high-performance minting, transaction processing, and smart contract functions. VSYS is the native currency for the v.systems blockchain platform with use cases such as transactions, staking, and minting on the network.
The v.systems team 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, which the team claims to be an efficient distributed consensus algorithm with 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 host of applications such as finance (DeFi), entertainment, and social network.
