VSG (Vector Smart Chain) interview: “Our goal is to create a truly decentralized ecosystem where anyone can benefit from blockchain technology”
1. Can you tell us about the vision behind VSG and what inspired you to create a new Layer 1 blockchain?
The vision behind Vector Smart Chain (VSG) is to build a scalable, secure, and efficient blockchain that bridges the gap between existing technologies and the demands of modern enterprises and developers. We were inspired by the need for a more versatile blockchain that offers both EVM and Cosmos compatibility, allowing for a broader range of applications and use cases. Our goal is to create a truly decentralized ecosystem where anyone, regardless of their technical expertise, can benefit from blockchain technology.
2. Is 2024 the time to invest in new tokens? Why VSG?
Absolutely, 2024 presents a unique opportunity for investing in new tokens like VSG. With the blockchain space evolving rapidly, there’s a growing demand for innovative solutions that address the limitations of current networks. VSG stands out due to its unique flat-rate fee structure, dual compatibility with EVM and Cosmos, and a strong focus on enterprise adoption. These features make VSG a promising investment as it aims to solve real-world problems and facilitate wider adoption of blockchain technology.
3. What are the key challenges VSG aims to solve in the current blockchain landscape, particularly compared to established players like Ethereum?
VSG aims to solve several key challenges in the blockchain landscape, including high gas fees, scalability, and interoperability. Unlike Ethereum, which often faces congestion and fluctuating fees, VSG offers a flat-rate fee structure that ensures predictability and affordability for users. Additionally, our compatibility with both EVM and Cosmos allows developers to build versatile applications that can operate seamlessly across different blockchain ecosystems. This approach reduces fragmentation and enhances interoperability, making it easier for projects to scale and innovate.
4. What makes VSG’s approach to scalability and security unique, especially with its flat-rate fee structure and compatibility with both EVM and Cosmos?
VSG’s approach to scalability is anchored in our dual compatibility with EVM and Cosmos, allowing us to leverage the strengths of both ecosystems. Our flat-rate fee structure is a game-changer, providing cost predictability that encourages more transactions and reduces user friction. Security-wise, VSG employs advanced cryptographic techniques and a consensus mechanism designed to prevent common blockchain vulnerabilities, ensuring a secure and robust environment for all users.
5. How do you see VSG contributing to the adoption of decentralized technologies among enterprises and developers?
VSG is designed to be enterprise-friendly by offering a flexible and scalable solution that can easily integrate with existing IT infrastructures. Our blockchain enables the creation of private networks, Layer 2 and Layer 3 solutions, making it an attractive option for businesses looking to explore decentralized technologies without the complexities associated with traditional blockchains. By providing a reliable and developer-friendly environment, VSG fosters innovation and encourages the adoption of decentralized technologies among enterprises and developers.
6. What are the biggest lessons you’ve learned from your previous ventures that are influencing your approach with VSG?
From our previous ventures, we’ve learned the importance of adaptability, user feedback, and community engagement. These experiences taught us that a successful project must be responsive to market needs and open to continuous improvement. With VSG, we’re focusing on building a strong, engaged community and creating a product that evolves with its users. We also understand the significance of partnerships and collaborations, which is why we are working closely with developers and enterprises to ensure VSG meets their needs.
7. CEX listing happened recently – what does it mean regarding VSG?
The recent listing of VSG on Coinstore is a significant milestone for us. It not only increases our visibility but also provides greater liquidity and accessibility for our token holders. This listing marks the beginning of our expansion into more prominent exchanges and positions us to attract a wider audience, ultimately driving the growth and adoption of VSG in the global blockchain community.