V Systems

• Third tier
• Coin
• Сryptocurrency

V SYSTEMS is a cryptocurrency based on its own blockchain. As described on their website, the project aims to deliver an "object-oriented general purpose distributed database designed to carry complex decentralized applications". A major pillar which V SYSTEMS is built upon is the consensus mechanism developed by the so-called 'Founder of Proof-of-Stake' Sunny King, known as Supernode Proof-of-Stake. SPoS is intended to provide sufficient incentives to supernodes to upgrade hardware continuously and thus improve network performance enough to support large-scale growth of decentralized applications.