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Vector Smart Chain: How the new blockchain is changing the game

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by Giorgi Kostiuk

4 hours ago


Vector Smart Chain (VSC) represents a new level of blockchain technology, offering unique solutions for businesses and developers.

Advantages of Vector Smart Chain

VSC is the first Layer-1 blockchain to implement fixed gas fees. Unlike traditional blockchains with unpredictable costs, VSC provides businesses and traders with a clear understanding of their gas expenses, creating conditions for better planning and scaling.

Deflationary mechanisms and their impact

VSC features a hyper-deflationary mechanism, burning $1 worth of VSG on every transaction. This leads to a decrease in supply and an increase in scarcity, which can create upward price pressure. Over 1.7 billion tokens have already been burned from the original supply of 10 billion.

Community and its role in blockchain development

The VSC community is active and rapidly growing, forming the core of this blockchain and supporting new projects. Community involvement helps spread information and shape the future of VSC.

Vector Smart Chain offers a range of innovative solutions for businesses and developers in the world of blockchains. Its unique mechanisms and active community create strong foundations for future growth.

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