Viction (VIC)

About Viction (VIC)

What is Viction (VIC)?

Viction, previously known as TomoChain, is a layer-1 blockchain platform designed to provide a seamless and user-friendly Web3 experience. It focuses on eliminating gas fees, ensuring faster transactions, and offering robust security features. The platform’s key goals are to make Web3 technologies accessible, scalable, and secure for everyone. Viction aims to create a decentralized environment where users can engage with decentralized applications (dApps) and blockchain technologies without the usual complexities or fees associated with traditional blockchains.

How does Viction (VIC) work?

Viction is powered by Proof-of-Stake (PoS) consensus and operates with a network of 150 masternodes that ensure the blockchain’s scalability and stability. It incorporates advanced security mechanisms such as double validation, smart contract staking, and proper randomization, all of which contribute to enhanced security, fast transaction finality, and greater overall reliability.

One of Viction’s most notable innovations is the introduction of the VRC25 token standard, which allows users to perform token-related actions without paying traditional gas fees. Instead, users can pay network fees directly with the tokens they are using, making the platform even more user-friendly and accessible to a broader audience.

Viction also supports EVM-compatible smart contracts, enabling seamless integration with Ethereum-based projects and allowing for atomic cross-chain token transfers. This cross-chain functionality ensures greater interoperability with other blockchains, further expanding Viction’s capabilities and reach within the Web3 ecosystem.

What are the potential use cases for Viction (VIC)?

Viction is designed to enable a wide range of decentralized applications and services, with an emphasis on simplicity and scalability. Some of the key use cases include:

• Gasless transactions: Thanks to the VRC25 token standard, users can make transactions and interact with dApps without the need to use native tokens for gas fees, simplifying the user experience.
• Decentralized finance (DeFi): Viction’s speed, security, and scalability make it a great platform for developing DeFi applications that require high throughput and low transaction costs.
• Cross-chain interoperability: The ability to facilitate atomic cross-chain transfers enables users to move assets seamlessly between Viction and other blockchains.
• Smart contracts and dApp development: Viction supports all EVM-compatible smart contracts, opening the door for developers to build decentralized applications that are compatible with both Viction and Ethereum-based networks.

What is the history of Viction (VIC)?

Viction originated as TomoChain, a project launched with the goal of building a more scalable and accessible blockchain ecosystem. Since its inception, the platform has evolved with a strong focus on improving the Web3 experience for both developers and users. The rebranding to Viction marks a strategic shift to a more user-centric vision, where the elimination of gas fees and enhanced security are central features of the platform.

Viction’s PoS consensus mechanism and masternode network ensure that the platform remains both secure and scalable. With these advancements, Viction continues to strive toward creating a decentralized ecosystem where transparency, security, and user-friendly experiences are paramount, enabling more individuals to engage with Web3 technologies without the common barriers to entry.