- Jul 19, 2019
- 21
- 3
Since the creation of Bitcoin, more cases of copycats and fraud have sprung up in the public eye during a decade of development. Reviewing the mainstream currency, it is difficult to spot a thriving trend, especially for the BTC-based fork, still under exploration and trying to find its way out. We have to think calmly, is this the bottleneck of the industry or we need to re-establish the direction of development?
Bitcoin has undergone numerous forks and the final result is not satisfactory, and even more so because of the fork after the competition for computing power and the cashing, Bitcoin entered a bear market, turning the competition and development of crypto into Rashomon. Ultimately speaking, the continuous emergence of fork coins and altcoins is due to the fact that the industry believes there should be better quality cryptocurrencies and investment channels. It is also on the tenth anniversary of Bitcoin that the advent of VDS has given this industry a progressive mileage. Both fork or popular DEFI and smart contract can be implemented in VDS and the functions can run smoothly in the entire ecosystem.
Bitcoin is unable to be all-inclusive due to the immutable nature of the blockchain, and can be improved in real time with the change of technology. VDS has been equipped with the most advanced code technology and design concept since its birth, and introduced with high tolerance and bearing capacity. In the field of cryptocurrency, ideal development prospect can only be obtained by taking into account diversified functions. VDS not only satisfies large-scale circulation level transactions, even in the financial commercial sectors can we participate in its complete chain area.
The current cryptocurrency is an asset, but this does not affect it being promoted to the status of currency. What is essential for the currency itself is the ability to circulate, which is why Bitcoin’s fork frequently happens. It is difficult to change the characteristics of “electronic gold”, as a result, electronic cash becomes a good way out. The bridge between gold and cash has always been ambiguous. Facts have proved that the same public chain cannot guarantee the value of electronic cash. VDS brings to the public a model called resonance, a decentralized one-way exchange channel for Bitcoin to Vollar. This is a success story and a valuable reference for the future development of Defi. We have completed credible cryptocurrency transactions in a decentralized environment without human intervention. Also on the subject is electronic cash, the eco-circulation token of VDS aka Vollar, may be behind the redefinition of the dollar and even the broader currency. Vollar is different from other cryptocurrencies that benchmark cash. The valuable relationship between VDS and accepted e-gold Bitcoin does not rely on the “same public chain trajectory”, but on value binding through effective exchange relationships.
A very simple example is that no matter how dollar upgrades and changes, and makes its note artistic or harder to counterfeit, it doesn’t change the fact that it’s depreciating over the years. Bitcoin fork currency itself does not have enough volume, and it is difficult to get rid of Bitcoin to become real cash on the basis of “the same public chain”. Similarly, the Bretton Woods System in 1944 effectively guaranteed the unstable situation of competitive devaluation of currencies through the gold exchange standard system. It relies on a strong exchange relationship to protect the value of currency unit. The concept of the gold standard is still with us today, because the existence of gold ensures that the current monetary system will not collapse. Vollar also relies on Bitcoin for value assurance, so as to support larger trading demands and circulation use.
VDS has a high-receptive financial model. On a basis of value-binding with Bitcoin, the wallet built-in distributed OTC provides effective support for Vollar’s multi-currency exchange, and therefore our asset has global liquidity. This is exactly the resistance-free currency circulation that is difficult to achieve under a centralized financial system. VDS also has commercial application scenarios that enhance the credibility of the entire transaction process between consumers and sellers with the assistance of smart contract. How to abandon the centralized endorsement and make money credible in different application scenarios can be found in the discourse of “Code Is Law”. Vollar has a further advantage to meet the needs of diversified currency circulation in complex application scenarios.
Bitcoin’s enlightenment has pushed forward monetary technology, which is why we define cryptocurrency as “currency”. The demand behind forks or new types of crypto that focus on liquidity is the need for real crypto, and we want to see a liquid currency that meets the need for decentralization and privacy, this is what cryptograph can bring to us, and through the value binding with e-gold Bitcoin, VDS addresses the obstacles it may encounter in circulation, thus become a better currency for circulation. The circulation and usage of crypto is exactly the path this industry needs to explore, and it is hard for real industry player to resist its advancement.
Bitcoin has undergone numerous forks and the final result is not satisfactory, and even more so because of the fork after the competition for computing power and the cashing, Bitcoin entered a bear market, turning the competition and development of crypto into Rashomon. Ultimately speaking, the continuous emergence of fork coins and altcoins is due to the fact that the industry believes there should be better quality cryptocurrencies and investment channels. It is also on the tenth anniversary of Bitcoin that the advent of VDS has given this industry a progressive mileage. Both fork or popular DEFI and smart contract can be implemented in VDS and the functions can run smoothly in the entire ecosystem.
Bitcoin is unable to be all-inclusive due to the immutable nature of the blockchain, and can be improved in real time with the change of technology. VDS has been equipped with the most advanced code technology and design concept since its birth, and introduced with high tolerance and bearing capacity. In the field of cryptocurrency, ideal development prospect can only be obtained by taking into account diversified functions. VDS not only satisfies large-scale circulation level transactions, even in the financial commercial sectors can we participate in its complete chain area.
The current cryptocurrency is an asset, but this does not affect it being promoted to the status of currency. What is essential for the currency itself is the ability to circulate, which is why Bitcoin’s fork frequently happens. It is difficult to change the characteristics of “electronic gold”, as a result, electronic cash becomes a good way out. The bridge between gold and cash has always been ambiguous. Facts have proved that the same public chain cannot guarantee the value of electronic cash. VDS brings to the public a model called resonance, a decentralized one-way exchange channel for Bitcoin to Vollar. This is a success story and a valuable reference for the future development of Defi. We have completed credible cryptocurrency transactions in a decentralized environment without human intervention. Also on the subject is electronic cash, the eco-circulation token of VDS aka Vollar, may be behind the redefinition of the dollar and even the broader currency. Vollar is different from other cryptocurrencies that benchmark cash. The valuable relationship between VDS and accepted e-gold Bitcoin does not rely on the “same public chain trajectory”, but on value binding through effective exchange relationships.
A very simple example is that no matter how dollar upgrades and changes, and makes its note artistic or harder to counterfeit, it doesn’t change the fact that it’s depreciating over the years. Bitcoin fork currency itself does not have enough volume, and it is difficult to get rid of Bitcoin to become real cash on the basis of “the same public chain”. Similarly, the Bretton Woods System in 1944 effectively guaranteed the unstable situation of competitive devaluation of currencies through the gold exchange standard system. It relies on a strong exchange relationship to protect the value of currency unit. The concept of the gold standard is still with us today, because the existence of gold ensures that the current monetary system will not collapse. Vollar also relies on Bitcoin for value assurance, so as to support larger trading demands and circulation use.
VDS has a high-receptive financial model. On a basis of value-binding with Bitcoin, the wallet built-in distributed OTC provides effective support for Vollar’s multi-currency exchange, and therefore our asset has global liquidity. This is exactly the resistance-free currency circulation that is difficult to achieve under a centralized financial system. VDS also has commercial application scenarios that enhance the credibility of the entire transaction process between consumers and sellers with the assistance of smart contract. How to abandon the centralized endorsement and make money credible in different application scenarios can be found in the discourse of “Code Is Law”. Vollar has a further advantage to meet the needs of diversified currency circulation in complex application scenarios.
Bitcoin’s enlightenment has pushed forward monetary technology, which is why we define cryptocurrency as “currency”. The demand behind forks or new types of crypto that focus on liquidity is the need for real crypto, and we want to see a liquid currency that meets the need for decentralization and privacy, this is what cryptograph can bring to us, and through the value binding with e-gold Bitcoin, VDS addresses the obstacles it may encounter in circulation, thus become a better currency for circulation. The circulation and usage of crypto is exactly the path this industry needs to explore, and it is hard for real industry player to resist its advancement.
