Viction price

VIC

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Viction (VIC) emerges as a transformative force in the blockchain landscape, aiming to redefine user interaction with decentralized platforms. As a layer-1 blockchain, Viction is designed to offer zero-gas transactions, enhancing both security and scalability. This approach not only simplifies user experience but also aligns with its mission to make Web3 accessible and secure for everyone. Formerly known as TomoChain, Viction leverages a network of 150 masternodes operating under a Proof-of-Stake (PoS) consensus mechanism. This infrastructure supports scalability and stability, employing techniques like double validation and smart contract staking to ensure robust security and chain finality.

Viction's compatibility with all EVM-compatible smart contracts and protocols underscores its adaptability in the evolving blockchain ecosystem. The introduction of the VRC25 token standard marks a significant innovation, allowing token operations without gas fees. This feature enables users to pay network fees using the token itself, removing barriers to entry and facilitating broader adoption of Web3 technologies.

Collaboration is key to Viction's strategy, partnering with entities like Layer-Zero and MoonPay to expand its ecosystem. Driven by a vision of decentralization, Viction seeks to empower individuals to connect and create without constraints, fostering an environment where transparency and growth are paramount.

Viction, with its ticker VIC, is a people-centric layer-1 blockchain that redefines the way transactions are conducted in the digital world by offering zero-gas transactions. This feature is particularly significant as it removes the barrier of transaction fees, which can often deter users from engaging with blockchain technology. By eliminating these fees, Viction makes blockchain interactions more accessible and user-friendly, aligning with its mission to simplify Web3 for everyone.

At the core of Viction's technology is a robust network of 150 masternodes that operate using a Proof-of-Stake (PoS) Voting consensus. This setup not only ensures 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 relying on energy-intensive mining processes. This approach is both environmentally friendly and efficient, providing a sustainable way to maintain the blockchain.

Security is further bolstered through advanced techniques such as double validation and smart contract staking. Double validation involves having two separate validators confirm transactions, reducing the risk of fraudulent activities. Smart contract staking allows users to lock their tokens in smart contracts, which can be used to validate transactions and earn rewards. This incentivizes honest behavior and contributes to the network's overall integrity.

Viction also employs proper randomization to enhance chain finality, ensuring that once a transaction is confirmed, it cannot be altered or reversed. This is crucial for maintaining trust and reliability within 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 ecosystems.

A notable 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, rather than requiring native tokens. This feature is particularly advantageous for users who may not have access to native tokens, as it removes the need for additional transactions to acquire them. By streamlining the process, Viction makes it easier for a broader audience to engage with blockchain technology.

Collaboration is a key aspect of Viction's strategy, as evidenced 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 instance, Layer-Zero facilitates cross-chain communication, allowing Viction to interact seamlessly 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 way for users to purchase VIC tokens, further lowering the barrier to entry for new users.

Viction's commitment to creating a decentralized platform is driven by its vision of empowering humanity to connect, collaborate, and create without limitations. By prioritizing transparency, accessibility, and growth, Viction aims to foster an environment where innovation can thrive. This vision is reflected in its technical infrastructure, which is designed to support a wide range of applications and use cases, from decentralized finance (DeFi) to non-fungible tokens (NFTs) and beyond.

In this dynamic landscape, Viction stands out by offering a secure, scalable, and user-friendly blockchain solution that caters to the needs of both developers and end-users. Its focus on zero-gas transactions, advanced security measures, and interoperability with other blockchain networks positions it as a forward-thinking platform that is well-equipped to meet the demands of the evolving digital world.

Viction (VIC) stands out as a people-centric layer-1 blockchain, designed to make Web3 accessible and secure for everyone. Its real-world applications are diverse, focusing on enhancing the financial system's scalability and efficiency. One of its key innovations is the VRC25 token standard, which simplifies token operations by allowing users to pay network fees with the token itself, eliminating the need for native tokens. This feature makes it easier for a wider audience to engage with Web3 without the burden of gas fees.

Viction's infrastructure is built on a network of 150 masternodes using Proof-of-Stake (PoS) consensus, which ensures scalability and stability. The blockchain employs advanced techniques like double validation and smart contract staking to enhance security and chain finality. This robust framework supports all EVM-compatible smart contracts, protocols, and atomic cross-chain token transfers, making it a versatile platform for developers and users alike.

In addition to its technical capabilities, Viction is committed to fostering a decentralized platform that encourages collaboration and creation. It partners with various companies to provide tools for smart contract development, DApp development, and staking governance. These partnerships aim to empower users and developers to build innovative solutions without limitations.

Viction's zero-gas transaction model and focus on user experience make it a compelling choice for those looking to engage with blockchain technology. By prioritizing speed, security, and scalability, Viction contributes to creating a more open and transparent world. Its mission to connect and empower humanity aligns with its technological advancements, offering a promising foundation for future growth and adoption in the blockchain space.

Viction (VIC), a people-centric layer-1 blockchain, emerged from its rebranding from TomoChain. This transformation marked a significant shift in its strategic direction, focusing on zero-gas transactions and enhanced security to facilitate a seamless Web3 experience. Viction's architecture is built on a network of 150 masternodes utilizing a Proof-of-Stake (PoS) consensus mechanism, which ensures scalability and stability. The platform employs advanced techniques such as double validation and smart contract staking to bolster security and chain finality.

One of the pivotal developments 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 need for native tokens. This feature enhances user convenience and broadens the appeal of Web3 by removing the barrier of gas fees.

The launch of Viction Horizon was another key milestone, expanding the platform's capabilities and user engagement. This was followed by the release of Viction Swag, which further solidified its presence in the blockchain community. The implementation of staking on Viction Wallet provided users with additional opportunities to earn rewards, enhancing the platform's attractiveness to investors and users alike.

Viction's development of its own blockchain, Viction Blockchain, represents a significant step in its evolution, offering a robust foundation for future growth and innovation. This development underscores Viction's commitment to creating a decentralized platform that empowers users to connect and collaborate without limitations.

A noteworthy upcoming 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, a move that could have substantial implications for its value and growth in the cryptocurrency market. This event highlights Viction's proactive approach to scaling and adapting to the evolving demands of the blockchain ecosystem.

Viction's collaboration with partners such as Layer-Zero, Pyth, and MoonPay reflects its strategic efforts to enhance its ecosystem and expand its reach. These partnerships are integral to Viction's mission to build a decentralized platform that fosters transparency, accessibility, and growth.

In the context of zero-gas transactions, Viction's focus on speed, security, and scalability positions it as a formidable player in the blockchain space. By supporting all EVM-compatible smart contracts and protocols, Viction facilitates atomic cross-chain token transfers, further enhancing its utility and appeal.

The rebranding from TomoChain to Viction, coupled with its innovative features and strategic partnerships, underscores its commitment to driving the adoption of blockchain technology and empowering users worldwide.