Launching The First Block, Vexanium Starts A New Era In Indonesia Blockchain Industry
Genesis Block
73days ago

The full text is a total of 558 words, expected to read 2 minutes.

Editors note: Vexanium round in blockchain industry has begun marked with the launch of their first block (Genesis Block) on June 26, 2019.


Vexanium round in blockchain industry has begun marked with the launch of their first block (Genesis Block) on June 26, 2019. The launch of this first block is one step closer to Vexanium own blockchain launch (mainnet) which is planned to be launched on July 11, 2019.

The launch of Vexanium ecosystems and the process of transfer technology from the previous one (Achain) to the current one (Vexanium mainnet) will start periodically from July 1, 2019 to July 31, 2019. The largest public blockchain in Indonesia itself carries the DPoS consensus algorithm (Delegated Proof of Stake).

Vexanium technology is also anticipated to be the next generation of blockchain that is ready for mass adoption on DApp usage and retail penetration. With the launch of Vexanium blockchain, of course there will be lots of ecosystem running on it which is as follows:

VEXPlorer (VEX Browser) is 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. VEXPlorer will be launched on July 3, 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 on pc will be launched on 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 on 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 on 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

Vexanium also has 5 main features that are more advanced when compared to other blockchain technologies starting in terms of scalability that can accommodate more than 2000 TPS (Transaction Per Second), in terms of transaction costs where users are not charged in each transaction made, in terms of consensus using DPoS (Delegated Proof of Stake) that emphasizes scalability and network performance by using Block Producer and in terms of smart contracts and programming languages that use C ++ so programmers will be easier to use smart contracts from Vexanium. Not to forget the anti-theft and freezing features where Vexanium blockchain technology will be able to update  inappropriate contract codes without involving a hard fork.

Vexanium itself believes it can have a significant impact on various industries using blockchain technology.


This article is reproduced only, does not constitute an investment opinion


Get more information


A blockchain media of the Southeast Asian.
News rankings
Hot news

© BeeCast-Blockchain media of the Southeast Asian