What Is VSolidus (VSOL)?
VSolidus (VSOL) Welcome to VSolidus®… ’Solidus’. VSolidus® is the result of growing communities joint efforts to develop a new, better and faster transactional coin that serves as a good alternative to the current, industry standard, Bitcoin. With 163136 registered members, VSolidus® is built on an ever growing, friendly community, users can mine using VSolidus® core and/or participate in the daily rewards programmes.
VSolidus (VSOL) ® is compatible with the Nova Wallet™ app and Nova Wallet™ web wallet. You can convert the VSolidus® coin to a wrapped version on the Binance Smart Chain and benefit from cross chain use of the coin. You can wrap your VSolidus® coins and stake them on the Nova Exchange™ you can learn how to do this within the VSolidus® Academy.
VSolidus (VSOL)alternative currencies (alt coins) have come and gone. Some brought innovation, but they all had their own problems. Solidus was originally a gold coin issued within the Late Roman Empire and VSolidus® stems from ‘Via Solidus™’ an anagram of the coin creators name. VSOL™ is the chosen abbreviation for the coin which SOL represents a day on Mars and also lends itself to the coins algorithm of coin issuance which is set to half every 2 years when Earth aligns with Mars
VSolidus Storage Key Points
|Source Code||Click Here To View Source Code|
|Explorers||Click Here To View Explorers|
|Twitter Page||Click Here To Visit Twitter Group|
|Whitepaper||Click Here To View|
|Official Project Website||Click Here To Visit Project Website|
The VSolidus™ blockchain is capable of handling a much higher volume of transactions than its Bitcoin counterpart. Due to more frequent block generation (every 30 seconds), the network supports more transactions without having to change the software in the future. As a result, merchants see a pending transaction within a few seconds and get full confirmation within the block time. VSolidus users still have the option to wait for more confirmations when selling larger items which can be set within VSolidus™ Core.
Bitcoin fails massively in practicality, while high transaction fees limit trading to large goods and long transaction times take the wind out of Bitcoin’s sails, VSolidus™ is designed to solve these problems. It would be nonsensical to have to wait an hour to buy a coffee or pay a higher fee than the coffee is worth…. therefore, it would also be illogical to buy coffee with Bitcoin. With VSolidus™ and it’s split-second transfer across the world, that would be effortless.
Wallet encryption allows you to secure your wallet so that you can view transactions and your balance, but you must enter your password before spending Solidus. This provides protection against viruses and Trojans that could try to steal the wallet, as well as a security check before sending payments.
Although we know that fast confirmations are convenient for small merchants who do not need super secure transactions. VCode® will enhance the fast ledger with secure verifiable credentials. The average duration of a VSolidus™ block is much faster than Bitcoin (30 seconds vs 10 minutes), allowing for more efficient usage in normal daily transactions. If merchants want to be as secure as Bitcoin, they can simply wait longer for a larger number of VSolidus™ confirmations like they do with Bitcoin. But most merchants can easily accept 1-confirmed transaction for small VSolidus™ amounts with VCode® assistance