VictionPrice(VIC)
Details Viction (VIC) Price information (USD)
The current real-time price of VIC is $0.0412. In the past 24 hours, VIC has traded between $0.0411 and $0.0433, showing strong market activity. The all-time high of VIC is $3.88, and the all-time low is $0.0411.
From a short-term perspective, the price change of VIC over the past 1 hour is
Viction (VIC) Market Information
Viction (VIC) Today's Price
The live price of VIC today is $0.0412, with a current market cap of $5.186M. The 24-hour trading volume is 735K. The price of VIC to USD is updated in real time.
Viction (VIC) Price History (USD)
What is VICTION (VIC)?
When is the right time to buy VIC? Should I buy or sell VIC now?
Before deciding whether to buy or sell VIC, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s VIC technical analysis can provide you with trading references.
Future price trend of VIC
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for VIC.
How much will VIC be worth tomorrow, next week, or next month in ? What about your VIC assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! VIC Price Prediction
How to buy VICTION (VIC)
Convert VIC to local currency
VIC Resources
To learn more about VIC, consider exploring other resources such as the whitepaper, official website, and other published information:
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VICTION (VIC) FAQ
What is Viction (VIC)?
Viction (VIC), formerly TomoChain, is a Layer-1 blockchain focused on simplifying user interaction with decentralized applications (dApps). It aims to reduce transaction costs and improve user experience through its "zero-gas fee" approach. Viction operates on a Proof-of-Stake Voting (PoSV) consensus model, utilizing 150 masternodes to ensure security, scalability, and chain finality. Its EVM compatibility facilitates easy integration with existing smart contracts, enhancing its utility for developers and users.
What are the functions and purposes of the VIC token?
VIC is Viction's native cryptocurrency, serving as the reserve currency for all third-party applications built on the platform. It is vital for those developing dApps or integrating cryptographic tokens on Viction. The VIC token also funds ecosystem development, incentivizes network builders, and functions as a long-term decentralized governance instrument, allowing holders to participate in the network's future direction.
Is VIC an ERC-20 token?
No, Viction (VIC) is not an ERC-20 token. Since its Mainnet launch, VIC has served as the native coin of the Viction blockchain.
How does Viction (VIC) handle gas fees?
Viction is designed to offer zero-gas transactions, enhancing Web3 accessibility. This is achieved through its unique TRC25 token standard. Network block rewards for masternodes and stakers are distributed from a dedicated reserved fund over its initial 8 years, supporting the gas-free operational model.
What are Masternodes in the Viction network?
Viction utilizes a Proof-of-Stake Voting (PoSV) consensus model with 150 masternodes. To become a candidate, users collateralize a specific amount of VIC coins and are chosen via token holder votes. Masternodes are crucial for producing blocks, and each block undergoes verification by another randomly selected masternode, thereby significantly bolstering the network's overall security and integrity.
Are there any concerns about Viction's decentralization?
Yes, reports indicate that Viction's protocol includes hardcoded functions allowing for asset freezing. This aspect has prompted discussions and raised questions regarding the project's adherence to a fully decentralized ethos.
