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Peercoin launches V SYSTEMS candidate node


Crypto Currency

Peercoin launches V SYSTEMS candidate node

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The team of Peercoin, the Proof-of-Stake (PoS) blockchain platform, has announced the launch of a candidate node ”Peercoin VPool” with the goal of becoming one of the supernodes that run the V SYSTEMS network.

V SYSTEMS is a blockchain infrastructure provider with a focus on database and cloud services. Led by Chief Architect Sunny King, the V SYSTEMS blockchain aims to create a secure underlying infrastructure platform for blockchain database through his new innovation – Supernode Proof of Stake (SPoS) consensus algorithm.

Peercoin Supernode

If successful in attracting enough stake, the Peercoin VPool will act as a new source of revenue for the Peercoin project (in addition to foundation donations) and help fund development, exchange listings, promotion, and more.

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In exchange, the Peercoin team will utilize the knowledge and experience it has gathered over many years to operate a trusted supernode that provides high availability and quality service for the V SYSTEMS community. In addition, the Peercoin VPool will provide a portion of its minting rewards for community development and marketing of the V SYSTEMS project.

“We believe partnering to operate this VSYS supernode is an exciting first step at working toward a healthy collaboration between the Peercoin and V Systems projects!”
– The Peercoin Team

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