What Is Viction (VIC)?

Cryptocurrency
What Is Viction (VIC)?
Viction (VIC) is a layer-1 blockchain network that aims to make user interaction with decentralized applications simpler and more accessible. Formerly known as TomoChain, the project aims to reduce transaction costs and simplify the user experience with its zero gas fee approach. Operating on a Proof-of-Stake (PoS) consensus model, the Viction network focuses on security, scalability, and chain finality thanks to its structure consisting of 150 masternodes.
Thanks to its EVM compatibility, Viction can integrate with existing smart contracts and Web3 protocols, offering a technical solution for token transfers without gas fees using the VRC25 token standard. The project aims to develop its infrastructure and make Web3 usage accessible to a wider user base through collaborations with ecosystem partners such as LayerZero and MoonPay.

What is VIC Coin?

Viction Coin (VIC) is a token used in the technical operation of on-chain transactions as the native digital asset of the Viction blockchain. VIC Coin plays a role in fundamental functions such as transfers made on the network, staking mechanisms, and governance processes. Users can participate in the network through the token within the framework of the rules set by the protocol.
vic coin
VIC Coin holders have the opportunity to vote for masternode candidates within the governance structure and monitor processes related to the performance of active masternodes. The token's use cases are designed to support the sustainable and decentralized structure of the Viction ecosystem, without implying any return or profit expectation.

Who are the Founders of Viction?

Viction (VIC) is a layer-1 blockchain project, formerly known as TomoChain, that aims to develop Web3 infrastructure with a focus on user experience. The project was launched by Long Vuong, Le Ho, and Nguyen Sy Thanh Son, who are known for their technical expertise in the blockchain ecosystem.

How Does Viction Work?

Viction operates using a consensus mechanism called Proof-of-Stake Voting (PoSV), which aims to combine network security and participant governance. In this model, token holders can participate in the network's validation and management processes either indirectly or directly. Users who meet the specified technical requirements can become masternode candidates with a collateral of 50,000 VIC Coins.
Masternode candidates are selected based on the votes of token holders. The candidates with the highest votes serve as active masternodes. These masternodes are responsible for block production, and each block created is verified by another masternode on the network, selected at random. The dual verification approach aims to enhance network security and protect transaction integrity.
Cross-chain interactions in the Viction ecosystem are carried out through the Viction World Wide Chain (WWC) structure. When data or asset transfer is required between different application chains, the World Wide Chain Protocol (WWCP) comes into play. This protocol manages message transmission and transfer processes through smart contracts running on the main chain. Additionally, the Viction Data Availability (Viction DA) component provides technical support for faster and more reliable cross-chain data access.

What Makes the Viction Project Unique?

The key feature that distinguishes the VIC Coin project from similar blockchain networks is its user experience approach focused on facilitating the adoption of Web3 applications. The platform aims to reduce technical barriers encountered during the development and use of decentralized applications ( DApps) by offering low transaction costs, high transaction speed, and a security-focused infrastructure.
Viction aims to create a user-friendly ecosystem while preserving the principles of decentralization and transparency offered by blockchain technology through its community-driven governance model. The project's approach is shaped by the goal of providing a globally accessible, scalable, and long-term Web3 infrastructure.

Where Can You Buy VIC Coin?

VIC coin is traded on various local and global cryptocurrency exchanges. CoinTR, which offers trading in Turkish Lira (TL) in Türkiye, is among the cryptocurrency platforms where Viction Coin is listed. Users can buy and sell crypto in 3 steps with CoinTR. The steps to follow are as follows:
  1. Complete the registration step, followed by the Identity Verification (KYC) step.
  2. Deposit TL into the account.
  3. Select one of the VIC/TRY or VIC/USDT trading pairs and complete the steps.

VIC Coin Review

vic coin price

Viction coin reviews and evaluations focus on the technical structure of the Viction network, ecosystem development, and areas of use rather than price or short-term expectations. As a Layer-1 blockchain, Viction aims to provide technical solutions for Web3 infrastructure with its zero gas fee approach, EVM compatibility, and PoSV consensus model.
Looking at VIC Coin reviews and charts, the Coin's role within the network is limited to functions such as staking, participation in governance processes, and the masternode mechanism. In this context, the evaluations are shaped around the project's long-term technical sustainability and developer ecosystem, without constituting investment advice. Comments regarding VIC Coin are evaluated based on Viction's infrastructure developments and ecosystem growth, independent of market conditions.

The Future of VIC Coin

The future of VIC Coin is addressed within the framework of the Viction network's technical development vision and ecosystem strategies. The project is positioned as a layer-1 blockchain that aims to provide a scalable and user-focused infrastructure for Web3 applications.
Technical components such as Viction World Wide Chain and Viction Data Availability aim to support the network's development in terms of cross-chain interaction, data access, and flexibility. This structure provides an environment that allows developers to create applications for different use cases. Viction's future perspective is shaped by expanding the technical capacity of the ecosystem and making the Web3 infrastructure more accessible.

FAQ

How much is VIC Coin?

The value of VIC Coin fluctuates in real-time based on supply and demand conditions in the cryptocurrency market. Therefore, you can follow the relevant screens on reliable cryptocurrency websites for up-to-date price information.

Which exchanges list VIC Coin?

VIC Coin is traded on reliable cryptocurrency exchanges. You can follow bitcoin exchange screens such as CoinTR to access lists of specific exchanges and trading pairs.

How much is VIC Coin in dollars?

The dollar-based value of VIC Coin varies according to market conditions. You can follow the current VIC/USDT value on the parity screen on CoinTR.

How much is VIC Coin in Turkish lira (TL)?

The Turkish lira (TL) equivalent of VIC Coin also varies depending on market dynamics. You can track the current VIC/TRY price on the relevant chart screen on CoinTR.

Where can VIC Coin be purchased?

VIC Coin is listed on CoinTR, a Türkiye-based cryptocurrency exchange. Buying and selling processes can be tracked through the VIC trading screens on the CoinTR platform. Before trading, it is recommended to review the current trading pairs and market conditions on the relevant exchange.
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Legal Notice
The information, comments, and evaluations contained in this content do not constitute investment advice. This content is not intended to be prescriptive in any way and is intended to provide general information. It does not constitute investment advice. CoinTR cannot be held responsible for any transactions made based on this information or any losses that may arise.
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