A New Chapter: Vexanium Genesis Block

Vexanium Genesis Block is here! Genesis Block itself is the first block of a blockchain. Modern versions of blockchain number it as block 0, though very early versions counted it as block 1. The genesis block is almost always hardcoded into the software of the applications that utilize its blockchain.

After the first block has been created on the blockchain, then Vexanium blockchain is already running and ready to use. Vexanium blockchain technology is the next generation blockchain for mass adoption that is born for DApps (Decentralized Applications), DeFi (Decentralized Finance) and retail penetration.

Here are some of the ecosystems that will be available in Vexanium mainnet:

VEXPlorer (VEX Browser) – a software application in the form of a website to check everything that is related to Vexanium blockchain. User can check VEX to USD live chart price, RAM price, blocks that have been created, block producers and many more. Besides that, you can also connect VEXPlorer with VEX Wallet to transfer VEX, buy, sell, or donate RAM, and vote for block producers in the VEX Browser. VEXPlorer will be launched in 3rd of July 2019.

VEX Wallet – a digital wallet that runs on Vexanium blockchain. You can do several things in VEX Wallet, such as store VEX, transfer VEX, and buy or sell RAM, CPU, and NET to do transactions in Vexanium Blockchain. VEX Wallet allows users to manage their VEX and use all of the Vexanium decentralized applications using one platform. VEX Wallet on pc will be launched in 29th of June 2019.

VEX DApps – a decentralized application that runs using Vexanium smart contract on top of Vexanium blockchain. Users can use and create their own decentralized application using Vexanium blockchain. Vexanium plans to launch more than 100 DApps this year. VEX DApps will be launched in 11th of July 2019.

Decentralized Finance (DeFi) – a financial tool that is built on top of Vexanium blockchain. It is an open source protocol for creating and issuing digital assets. DeFi allows users to create open lending protocols issuance platforms and investing, prediction markets, exchanges and open marketplaces, and stablecoins. DeFi will be launched in 11th of July 2019.

Premium Name Bidding – As you know you can book your own wallet or username using VEX as a premium name like Singapore, Vietnam, Jakarta or any else and later you can sell through secondary name market **

Many more – Vexanium is still developing other features and applications to improve Vexanium ecosystems in the future.

Mainnet schedule release starts today, here is the schedule:

26 June 2019 – Genesis Block

29 June 2019 – Block Producers (BP) Release Documentation

29 June 2019 – PC Wallet SoftLaunch (No Voting , No Trading Ram)

30 June 2019 – Vexgift start withdraw Mainet VEX

1 July 2019 – Halving VEXGIFT

1 July 2019 – VEX Token >< VEX Coin Exchange Swapping

3 July 2019 – Browser / Explorer Launch Trading RAM not yet available, BP Voting

3 July 2019 – PC Wallet Grand Launch

5 July 2019 – Create Token Dapp Release (Everyone can Create their Own VEX.Token)

8 July 2019 – Dapp Demo day

9 July 2019 – Vex Dapp Competition + Dapp Idea Submit

11 July 2019 – Independence Day (Grand Launching)
DAPP Launch , Mobile Wallet Launch (DAPP + Ram Trading + Voting) , VEX Developer Tutorial.

15 July 2019 – Vexanium DEX (Decentralized Exchange)

31 July 2019 – VEX Coin Swapping Close

In order to become the blockchain technology that can be used in many industries and become the technology that can penetrate for mass adoption. Vexanium has an advanced blockchain technology with 5 main features compared to most of the blockchain technology out there.

Here are the features of Vexanium blockchain technology:
In terms of scalability: Vexanium can accommodate more than 2000 TPS (transactions per second) while most blockchain platforms can only accommodate 10 to 100 TPS.

In terms of transaction fees: Vexanium does not charge transaction fees such as most platforms which usually require transaction fees in every transaction made by users.

In terms of consensus: Vexanium will use the DPoS (Delegated Proof Of Stakes) consensus which means Vexanium will prioritize scalability and network performance by using block producers. Here is the full explanation about Vexanium block producers: https://blog.vexanium.com/vexanium-block-producer-101.html

In terms of creating a smart contract and programming language: Vexanium blockchain will use C++ programming language so the programmer will be easier to create a smart contract using Vexanium blockchain.

Anti-theft and freezing features: By using DPoS, Vexanium blockchain will be able to update contract codes that are inappropriate or the incorrect one without involving a hard fork.

As the first and the biggest public blockchain in Indonesia, we believe Vexanium can make a great impact in many industries using blockchain technology.

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