Review on VestChain by Fabrizio Zampieri
The main aim of the project is to create a network capable of processing…
The main aim of the project is to create a network capable of processing millions of transactions per second. The goal of VestChain is to create a decentralized blockchain capable of processing quick and free transactions.
The cryptographic component will also create smart contracts on its base so developers will be able to release dApps easily and independently.
The VestChain system is composed of two-level blockhains:
1) the first level consists of flexible segment blockchains (shards);
2) the second one presents a core blockchain that validates the blocks from the shard blockchains.
All the shards demand the single account. One and the same smart wallet may be used for all the cryptocurrencies from various shards.
VestChain (VEST) is an ERC20 token based on the Ethereum blockchain. VestChain has a current supply of 8 848 000 000 VEST with 7 078 400 000 VEST in circulation.
VEST is tradable on BTC-Alpha, STEX and Token Store exchanges.
Pros
- - Professional customer service (24/7 technical support). - Well skilled team (professional developers and designers). - Operating system very easy to use. - The project is able to increase the speed of any network user in the blockchain.
Cons
- - Innovative but too young project (early steps), there is still a lot of work to do.
