Iteration is the activity of repeating the feedback process, whose purpose is to approach a perfect result and keep updating. The result after each iteration is a new starting point for the next iteration. Almost every technical success is making self-breakthrough in a constant iteration towards better direction.
Bitcoin, the world’s first cryptocurrency, relies on blockchain technology to provide people a way to trust each other and achieve peer-to-peer transactions without a trusted third-party intermediary. Many competitive coins that have appeared in the industry since then have added new technologies and ideas implemented through the blockchain on the basis of Bitcoin. Ethereum is hailed as a “second-generation blockchain platform” due to its addition of the decentralized Ethereum virtual machine to execute peer-to-peer contracts. Ethereum’s innovation is regarded as a very successful iteration in the field of cryptocurrency.
VDS came out in 2019. It has perfectly integrated the most promising functions of the projects on the market through a meticulous logic system and added innovations on such basis. VDS has successfully constructed a dynamic and diversified decentralized ecosystem, and carried out a new iteration in the field of cryptocurrencies.
Ethereum not only pioneered the smart contract technology in the blockchain field, but also continuously innovated and improved it in the next few years to make it the industry leader. However, the problem of scarce DApp users has plagued the third-party application developers on the public Ethereum chain. At some point, the number of DApp users is even lower than that of active developers. Vollar is the circulating currency in the VDS ecosystem, and Resonance Trade is the one-way exchange channel from Bitcoin to Vollar. The development of Resonance Trade brings huge crowds of Bitcoin users to VDS. Meanwhile, Bitcoins from Resonance Trade are used to reward the fission competition every block week in the VDS decentralized ecosystem to stimulate user growth, each of whom is a potential user of the DApp. Moreover, VDS has realized the multi-layer interpersonal fission promotion of the Trust Stamp Network. As a trusted interpersonal network, it will help DApp achieve faster propagation speed. The non-centralized ad-bidding broadcast system VAD is the channel for DApp developers to accurately deliver advertisements. VDS is a diversified ecosystem that continuously attract people to join in with a variety of technologies and rules, which also indicates that DApp on the VDS chain will naturally have more potential users and is more accessible.
In addition to Ethereum’s smart contract technology, VDS has also integrated Dash’s super master node technology and Zcash’s Zero-knowledge Proof technology.
VDS has followed the distributed nodes of Dash coin, and added on the chain the synchronization of transaction data, the above mentioned VAD broadcast, and secret chat functions etc. It has built a decentralized anonymous network based on the distributed nodes, adding more possibilities to the application of the super master nodes. Zero-knowledge Proof technology of Zcash is by far one of the most secured anonymous trading technologies in the world. While using zero-knowledge proof, VDS also added its unique resonance trade technology to the ecosystem, which not only helps players in the VDS ecosystem obtain the right to make anonymous transactions, but also helps Bitcoin players whose privacy is getting lost to regain asset anonymity through the channel of Resonance Trade. VDS embraces the most promising technologies in the field and has developed its own. It is another iteration of cryptocurrency by combining old and new technologies with rules.
