Information about "Viction"
Viction, previously known as TomoChain, is a people-focused layer-1 blockchain offering zero-gas transactions and elevated security to simplify and safeguard Web3 for everyone.
Viction is crafted with the user in mind, prioritizing zero-gas transactions, speed, security, and scalability to aid in building a safer and more open world.
With a network consisting of 150 masternodes running on a Proof-of-Stake (PoS) consensus, Viction emphasizes its scalability and stability. It uses sophisticated methods like double validation, smart contract staking, and proper randomization to boost security and ensure chain finality. Viction is compatible with all EVM-compatible smart contracts, protocols, and atomic cross-chain token transfers.
Viction introduces the VRC25 token standard, which makes token operations easier by removing the need for gas fees during transactions. This advancement allows users to handle token-related activities without native tokens, as network fees can be paid using the token itself, making Web3 more accessible to a wider audience without the inconvenience of gas fees.
Viction is driven by a mission to create a decentralized platform that empowers individuals to connect, collaborate, and create without boundaries, envisioning a world where transparency, accessibility, and growth are the norm.
Viction works with a variety of partners, including Layer-Zero, Pyth, MoonPay, CoinGecko, and others.
Viction is crafted with the user in mind, prioritizing zero-gas transactions, speed, security, and scalability to aid in building a safer and more open world.
With a network consisting of 150 masternodes running on a Proof-of-Stake (PoS) consensus, Viction emphasizes its scalability and stability. It uses sophisticated methods like double validation, smart contract staking, and proper randomization to boost security and ensure chain finality. Viction is compatible with all EVM-compatible smart contracts, protocols, and atomic cross-chain token transfers.
Viction introduces the VRC25 token standard, which makes token operations easier by removing the need for gas fees during transactions. This advancement allows users to handle token-related activities without native tokens, as network fees can be paid using the token itself, making Web3 more accessible to a wider audience without the inconvenience of gas fees.
Viction is driven by a mission to create a decentralized platform that empowers individuals to connect, collaborate, and create without boundaries, envisioning a world where transparency, accessibility, and growth are the norm.
Viction works with a variety of partners, including Layer-Zero, Pyth, MoonPay, CoinGecko, and others.
What is Viction?
Viction (VIC) is a transformative player in the blockchain arena, seeking to revolutionize how users engage with decentralized platforms. As a layer-1 blockchain, Viction is engineered to offer zero-gas transactions, enhancing both security and scalability. This simplified user experience aligns with its goal of making Web3 accessible and secure for everyone. Previously known as TomoChain, Viction benefits from a network of 150 masternodes working under a Proof-of-Stake (PoS) consensus framework. This infrastructure supports scalability and stability, leveraging techniques such as double validation and smart contract staking to ensure strong security and definitive chain finality.
Viction's ability to work with all EVM-compatible smart contracts and protocols highlights its flexibility within the evolving blockchain ecosystem. The introduction of the VRC25 token standard represents a major innovation, facilitating token operations without incurring gas fees. This feature allows users to cover network fees using the token itself, removing barriers and encouraging wider adoption of Web3 technologies.
Collaboration plays a significant role in Viction's strategy, forming alliances with organizations like Layer-Zero and MoonPay to broaden its ecosystem. Guided by a vision of decentralization, Viction aims to empower people to connect and innovate without constraints, fostering an environment where transparency and growth are central.
Viction's ability to work with all EVM-compatible smart contracts and protocols highlights its flexibility within the evolving blockchain ecosystem. The introduction of the VRC25 token standard represents a major innovation, facilitating token operations without incurring gas fees. This feature allows users to cover network fees using the token itself, removing barriers and encouraging wider adoption of Web3 technologies.
Collaboration plays a significant role in Viction's strategy, forming alliances with organizations like Layer-Zero and MoonPay to broaden its ecosystem. Guided by a vision of decentralization, Viction aims to empower people to connect and innovate without constraints, fostering an environment where transparency and growth are central.
What is the technology behind Viction?
Viction, symbolized by VIC, is a people-oriented layer-1 blockchain that changes how digital transactions are handled by providing zero-gas transactions. This feature is crucial as it removes the barrier of transaction fees, which can often discourage users from using blockchain technology. By doing away with these fees, Viction makes blockchain interactions more user-friendly and accessible, aligning with its mission to simplify Web3 for everyone.
Central to Viction's technological framework is a robust network of 150 masternodes operating under a Proof-of-Stake (PoS) Voting consensus. This setup not only assures the network's scalability and stability but also enhances its security. The PoS mechanism allows users to validate transactions and secure the network by holding and staking VIC tokens, rather than depending on energy-intensive mining methods. This approach is environmentally friendly and efficient, offering a sustainable way to keep the blockchain running.
Security is further strengthened through advanced methods like double validation and smart contract staking. Double validation means two separate validators must confirm transactions, reducing the chance of fraudulent activities. Smart contract staking enables users to lock their tokens in smart contracts, which can validate transactions and earn rewards. This incentivizes honest behavior and adds to the network's overall integrity.
Viction also uses effective randomization to improve chain finality, ensuring that once a transaction is confirmed, it cannot be changed or undone. This is essential for maintaining trust and reliability in the network. Additionally, Viction supports all Ethereum Virtual Machine (EVM)-compatible smart contracts, protocols, and atomic cross-chain token transfers, making it versatile and interoperable with other blockchain systems.
A key innovation within Viction is the introduction of the VRC25 token standard. This standard simplifies token operations by allowing users to pay network fees with the token itself, instead of needing native tokens. This feature is especially beneficial for users who might not have access to native tokens, as it removes the necessity for additional transactions to obtain them. By streamlining the process, Viction makes it easier for a wider audience to engage with blockchain technology.
Collaboration is a crucial element of Viction's strategy, as seen by its partnerships with entities like Layer-Zero, Pyth, and MoonPay. These collaborations enhance Viction's capabilities and extend its reach within the blockchain ecosystem. For example, Layer-Zero facilitates cross-chain communication, allowing Viction to seamlessly interact with other blockchains. Pyth provides high-fidelity financial data, which can be integrated into Viction's smart contracts for more accurate and reliable operations. MoonPay offers a simple method for users to purchase VIC tokens, further lowering the entry barrier for new users.
Viction's dedication to creating a decentralized platform is driven by its vision of empowering humanity to connect, collaborate, and create without limitations. By focusing on transparency, accessibility, and growth, Viction aims to create an environment where innovation can thrive. This vision is reflected in its technical infrastructure, which is designed to support a broad range of applications and use cases, from decentralized finance (DeFi) to non-fungible tokens (NFTs) and beyond.
In this dynamic landscape, Viction distinguishes itself by providing a secure, scalable, and user-friendly blockchain solution that caters to the needs of both developers and end-users. Its emphasis on zero-gas transactions, advanced security measures, and interoperability with other blockchain networks positions it as a forward-thinking platform well-prepared to meet the demands of the evolving digital world.
Central to Viction's technological framework is a robust network of 150 masternodes operating under a Proof-of-Stake (PoS) Voting consensus. This setup not only assures the network's scalability and stability but also enhances its security. The PoS mechanism allows users to validate transactions and secure the network by holding and staking VIC tokens, rather than depending on energy-intensive mining methods. This approach is environmentally friendly and efficient, offering a sustainable way to keep the blockchain running.
Security is further strengthened through advanced methods like double validation and smart contract staking. Double validation means two separate validators must confirm transactions, reducing the chance of fraudulent activities. Smart contract staking enables users to lock their tokens in smart contracts, which can validate transactions and earn rewards. This incentivizes honest behavior and adds to the network's overall integrity.
Viction also uses effective randomization to improve chain finality, ensuring that once a transaction is confirmed, it cannot be changed or undone. This is essential for maintaining trust and reliability in the network. Additionally, Viction supports all Ethereum Virtual Machine (EVM)-compatible smart contracts, protocols, and atomic cross-chain token transfers, making it versatile and interoperable with other blockchain systems.
A key innovation within Viction is the introduction of the VRC25 token standard. This standard simplifies token operations by allowing users to pay network fees with the token itself, instead of needing native tokens. This feature is especially beneficial for users who might not have access to native tokens, as it removes the necessity for additional transactions to obtain them. By streamlining the process, Viction makes it easier for a wider audience to engage with blockchain technology.
Collaboration is a crucial element of Viction's strategy, as seen by its partnerships with entities like Layer-Zero, Pyth, and MoonPay. These collaborations enhance Viction's capabilities and extend its reach within the blockchain ecosystem. For example, Layer-Zero facilitates cross-chain communication, allowing Viction to seamlessly interact with other blockchains. Pyth provides high-fidelity financial data, which can be integrated into Viction's smart contracts for more accurate and reliable operations. MoonPay offers a simple method for users to purchase VIC tokens, further lowering the entry barrier for new users.
Viction's dedication to creating a decentralized platform is driven by its vision of empowering humanity to connect, collaborate, and create without limitations. By focusing on transparency, accessibility, and growth, Viction aims to create an environment where innovation can thrive. This vision is reflected in its technical infrastructure, which is designed to support a broad range of applications and use cases, from decentralized finance (DeFi) to non-fungible tokens (NFTs) and beyond.
In this dynamic landscape, Viction distinguishes itself by providing a secure, scalable, and user-friendly blockchain solution that caters to the needs of both developers and end-users. Its emphasis on zero-gas transactions, advanced security measures, and interoperability with other blockchain networks positions it as a forward-thinking platform well-prepared to meet the demands of the evolving digital world.
What are the real-world applications of Viction?
Viction (VIC) is a user-focused layer-1 blockchain designed to make Web3 easy and secure for all, with a variety of real-world applications that improve the financial system's scalability and efficiency. A notable innovation is the VRC25 token standard, which simplifies token operations by allowing users to pay network fees with the token itself, removing the need for native tokens. This feature makes Web3 more accessible to a wider audience by eliminating gas fee burdens.
Viction's infrastructure is supported by a network of 150 masternodes using Proof-of-Stake (PoS) consensus, ensuring scalability and stability. The blockchain employs advanced techniques like double validation and smart contract staking to bolster security and ensure chain finality. This comprehensive framework supports all EVM-compatible smart contracts, protocols, and atomic cross-chain token transfers, making it a versatile tool for developers and users alike.
Aside from its technical strengths, Viction is devoted to fostering a decentralized platform that promotes collaboration and innovation. It partners with various companies to provide tools for smart contract development, DApp development, and staking governance. These partnerships aim to enable users and developers to build innovative solutions without constraints.
Viction's zero-gas transaction model and focus on enhancing user experience make it an attractive option for those interested in engaging with blockchain technology. By prioritizing speed, security, and scalability, Viction aids in shaping a more open and transparent world. Its mission to connect and empower people aligns with its technological advancements, offering a promising foundation for future growth and adoption in the blockchain space.
Viction's infrastructure is supported by a network of 150 masternodes using Proof-of-Stake (PoS) consensus, ensuring scalability and stability. The blockchain employs advanced techniques like double validation and smart contract staking to bolster security and ensure chain finality. This comprehensive framework supports all EVM-compatible smart contracts, protocols, and atomic cross-chain token transfers, making it a versatile tool for developers and users alike.
Aside from its technical strengths, Viction is devoted to fostering a decentralized platform that promotes collaboration and innovation. It partners with various companies to provide tools for smart contract development, DApp development, and staking governance. These partnerships aim to enable users and developers to build innovative solutions without constraints.
Viction's zero-gas transaction model and focus on enhancing user experience make it an attractive option for those interested in engaging with blockchain technology. By prioritizing speed, security, and scalability, Viction aids in shaping a more open and transparent world. Its mission to connect and empower people aligns with its technological advancements, offering a promising foundation for future growth and adoption in the blockchain space.
What key events have there been for Viction?
Viction (VIC), a user-focused layer-1 blockchain, underwent a significant transformation with its rebranding from TomoChain. This change marked a shift in its strategic focus toward zero-gas transactions and enhanced security to offer a seamless Web3 experience. Viction's foundation is built on a network of 150 masternodes using a Proof-of-Stake (PoS) consensus mechanism, ensuring scalability and stability. The platform uses advanced techniques like double validation and smart contract staking to increase security and chain finality.
A major development for Viction was the introduction of the VRC25 token standard. This innovation simplifies token operations by allowing network fees to be paid using the token itself, eliminating the necessity for native tokens. This feature boosts user convenience and extends the appeal of Web3 by removing gas fees.
The launch of Viction Horizon represented another key milestone, broadening the platform's capabilities and user engagement. This was followed by the release of Viction Swag, further establishing its presence in the blockchain community. The implementation of staking on Viction Wallet provided users with additional opportunities to earn rewards, making the platform more appealing to both investors and users.
Viction's establishment of its own blockchain, Viction Blockchain, marks a significant step in its evolution, providing a strong foundation for future growth and innovation. This development underscores Viction's dedication to building a decentralized platform that enables users to connect and create without restrictions.
An upcoming notable event is the hard fork scheduled for October 15, 2024. This hard fork will increase Viction's token supply from 100 million to 210 million, an action that could have important implications for its value and growth in the cryptocurrency market. This event highlights Viction's proactive approach to scaling and adapting to the changing demands of the blockchain ecosystem.
Viction's collaborations with partners like Layer-Zero, Pyth, and MoonPay illustrate its strategic efforts to expand its ecosystem and enhance its reach. These partnerships are crucial to Viction's mission to create a decentralized platform that promotes transparency, accessibility, and growth.
With a focus on zero-gas transactions, Viction's emphasis on speed, security, and scalability positions it as a strong player in the blockchain space. By supporting all EVM-compatible smart contracts and protocols, Viction facilitates atomic cross-chain token transfers, enhancing its utility and appeal.
The rebranding from TomoChain to Viction, along with its innovative features and strategic partnerships, highlights its commitment to advancing blockchain technology adoption and empowering users globally.
A major development for Viction was the introduction of the VRC25 token standard. This innovation simplifies token operations by allowing network fees to be paid using the token itself, eliminating the necessity for native tokens. This feature boosts user convenience and extends the appeal of Web3 by removing gas fees.
The launch of Viction Horizon represented another key milestone, broadening the platform's capabilities and user engagement. This was followed by the release of Viction Swag, further establishing its presence in the blockchain community. The implementation of staking on Viction Wallet provided users with additional opportunities to earn rewards, making the platform more appealing to both investors and users.
Viction's establishment of its own blockchain, Viction Blockchain, marks a significant step in its evolution, providing a strong foundation for future growth and innovation. This development underscores Viction's dedication to building a decentralized platform that enables users to connect and create without restrictions.
An upcoming notable event is the hard fork scheduled for October 15, 2024. This hard fork will increase Viction's token supply from 100 million to 210 million, an action that could have important implications for its value and growth in the cryptocurrency market. This event highlights Viction's proactive approach to scaling and adapting to the changing demands of the blockchain ecosystem.
Viction's collaborations with partners like Layer-Zero, Pyth, and MoonPay illustrate its strategic efforts to expand its ecosystem and enhance its reach. These partnerships are crucial to Viction's mission to create a decentralized platform that promotes transparency, accessibility, and growth.
With a focus on zero-gas transactions, Viction's emphasis on speed, security, and scalability positions it as a strong player in the blockchain space. By supporting all EVM-compatible smart contracts and protocols, Viction facilitates atomic cross-chain token transfers, enhancing its utility and appeal.
The rebranding from TomoChain to Viction, along with its innovative features and strategic partnerships, highlights its commitment to advancing blockchain technology adoption and empowering users globally.
Who are the founders of Viction?
Viction (VIC), previously known as TomoChain, is a user-centered layer-1 blockchain aimed at revolutionizing the Web3 experience with zero-gas transactions and strong security. The cryptocurrency was founded by Long Vuong, Le Ho, and Nguyen Sy Thanh Son. Long Vuong, a prominent figure in the blockchain industry, was instrumental in Viction's creation, using his expertise to emphasize user experience and scalability. Le Ho and Nguyen Sy Thanh Son contributed their technical knowledge to develop Viction's innovative features, such as the VRC25 token standard and Proof-of-Stake consensus, which enable smooth and secure transactions.
