The Ambitious Vision of VEE

In a world where the digital economy is rapidly evolving, VEE (Virtual Economy Era) is making waves with its bold aims for 2019-2020. Spearheaded by Sunny King, the mastermind behind the proof-of-stake (PoS) concept, this blockchain project is ready to redefine several sectors through its five pivotal milestones.

Understanding SPoS: A Technology with a Heartbeat

At the core of VEE’s technology is the supernode proof-of-stake (SPoS) consensus algorithm. With a claim of a staggering 99.99% success rate in block production every four seconds, it’s like the Swiss watch of blockchain technology. You can practically set your watch by it—if anyone still uses watches. And with network delays reduced to mere milliseconds, VEE’s prowess in speed is hard to overlook.

The Five Pillars of Progress

1. Object-Oriented Blockchain Database: The first milestone is creating a full-featured blockchain database tailored for financial organizations while offering customization capabilities for sectors like social media and gaming.
2. Enhancing Development Efforts: VEE aims to simplify blockchain integration for developers, eschewing convoluted coding for an easier experience, thus democratizing access to this technology.
3. Smart Contracts Reinvented: Emphasizing security and scalability, VEE plans to launch a new generation of smart contracts that accommodate non-fungible assets—because let’s face it, nobody has time for outdated contracts.
4. Privacy Meets Transparency: The fourth milestone introduces enterprise DApps fortified with zero-knowledge-proof cryptography, ensuring that what’s on the blockchain stays confidential, while still maintaining trustworthiness.
5. A Decentralized Mobile Internet: Last but not least, VEE is striving to create a new mobile internet network and browser, aimed at simplifying blockchain access on apps—because who wants to toggle between a million different interfaces?

The Road Ahead: A Vision for a Better Life

Sunny King and his team are convinced that the transformative powers of blockchain technology can uplift lives worldwide. Their solutions promise enhanced security, flexibility, and an open approach that beats existing platforms at their own game. And with the launch of VEE’s mainnet on September 17, their journey is just beginning.

Conclusion: The SPoS Advantage

Having also masterminded Peercoin and Primecoin, King has a solid foundation of experience under his belt. The promise of SPoS is not just to improve security, but to revolutionize how we think of blockchain and its countless applications.