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The VSolidus® blockchain is designed to handle significantly higher transaction volumes compared to Bitcoin. Thanks to its rapid block generation of every 20 seconds, the network can support more transactions without requiring future software changes.
As a result, merchants typically see pending transactions within seconds, with full confirmation occurring within the same block interval. For high-value transactions, users can choose to wait for additional confirmations, a customisable option within the VSolidus® core desktop application.
In contrast, Bitcoin and other coins struggle with real-world usability. High transaction fees make it impractical for everyday purchases, and slow confirmation times hinder its effectiveness. Waiting up to an hour, or paying more in fees than the value of a coffee, renders Bitcoin inefficient for such small, frequent transactions.
VSolidus® eliminates these issues. With near-instantaneous global transfers and minimal fees, everyday purchases like coffee become fast, simple, and cost-effective.
Wallet encryption allows you to secure your wallet so that you can view transactions and your balance, but you must enter your password before spending VSolidus®. This provides protection against viruses and Trojans that steal the wallet, as well as a security check before sending payments.
VSolidus® uses Tenebrix’s Scrypt Proof of Work. With Scrypt, you can mine VSolidus® and other coins like Bitcoin at the same time. These and many other technical details are similar because VSolidus® has evolved from Litecoin, which has a similar vision.
VSolidus® uses a much faster retarget time, as previous versions were ridiculously slow. The combination of fast retarget times and Scrypt proof of work means that we don’t expect to see the kind of problem that Namecoin encountered; hashing power that leaves more suddenly then it arrived, creating a high difficulty slog for anyone who stayed.
As with real mining, the more miners taking part means the rewards received across the community become saturated. This increased difficulty met with supply and demand to receive the VSolidus® coins for FREE will eventually be the cause to make them appreciate in value.
VSolidus® coins can be seamlessly converted into Wrapped VSolidus® (WVSol®), enabling cross-chain functionality for advanced use cases such as staking, DeFi participation, and NFT platform integration. WVSol® is currently compatible with both the Binance Smart Chain and Ethereum networks.
VSolidus® integrates seamlessly with secure VCode® transactions, supporting applications such as digital payments and digital identity verification. Users earn VSolidus® Points with every interaction, adding value to each engagement.
VSolidus® is a decentralised coin governed by its community of holders. However, like any successful project, it must remain aligned with its core mission. Nova Wallet®, operated by the founding team behind the VSolidus® project, is dedicated to supporting the coin’s infrastructure and developing new applications to enhance its utility and adoption.
Nova Wallet® has developed a secure, web-based portal to run alongside the smart phone apps, designed for users who want convenient, on-the-go access to their cryptocurrency holdings.
With a focus on both security and user experience, the online wallet allows users to monitor, manage, and interact with their digital assets from any internet-enabled device.
Integrated with CoinGecko and CoinMarketCap, Nova Wallet offers real-time market data, including average token prices, trading volume, and performance insights—all displayed in one streamlined dashboard. This gives users a comprehensive overview of their crypto portfolio without the need to switch between multiple platforms.
For users actively trading VSolidus (VSOL), Nova Wallet offers direct access to supported exchanges through dedicated links conveniently located in the navigation bar, making it easier to execute trades and stay updated on market movements.
Nova Wallet® has launched Nova Exchange®, a seamless platform that enables users to effortlessly swap their native VSolidus® currency for its wrapped counterpart, WVSolidus®.
This wrapped version of the currency is designed to facilitate interoperability across multiple blockchain networks, unlocking the potential for cross-chain transactions and integration with decentralised applications (dApps). Currently, WVSolidus® is supported on both the Ethereum network and Binance Smart Chain (BSC), allowing users to participate in a broader ecosystem of DeFi services and decentralised exchanges.
Within the Nova Wallet® ecosystem, users can also utilise WVSolidus® for transactions and experiences within the Nova NFT Network, opening up new opportunities for digital asset ownership and trading.
Additionally, Nova has introduced Nova Stake, a savings feature that allows users to lock up their WVSolidus® in a secure smart contract. In return, users earn interest over a predefined staking period, offering a way to grow their holdings through passive income while supporting the stability and liquidity of the Nova ecosystem.