Viction is a "people-centric" Layer-1 public blockchain designed for high performance, zero-gas-fee transactions, and enhanced security. It is the new identity of the project formerly known as TomoChain, which underwent a comprehensive rebrand in November 2023. The organization's core mission is to make Web3 technology accessible and safe for a global audience of everyday users and to empower developers to build scalable, user-friendly decentralized applications (dApps).
Viction is EVM-compatible (Ethereum Virtual Machine), which means developers can easily port their existing Ethereum-based smart contracts and dApps onto the Viction network to take advantage of its unique features. The network's architecture is built to address the "blockchain trilemma" by providing a highly scalable, secure, and decentralized platform, with a strong emphasis on user experience (UX).
The core of Viction's business is the development, maintenance, and expansion of its blockchain infrastructure and the ecosystem of applications built upon it. It does not sell physical products but rather provides a decentralized platform and a suite of digital tools as its primary offering.
Core Technology and Architecture
Viction's platform is distinguished by several key technological features that enable its unique value proposition.
1. Proof-of-Stake Voting (PoSV) Consensus
Instead of the energy-intensive Proof-of-Work (PoW) used by Bitcoin, Viction employs a Proof-of-Stake Voting (PoSV) consensus mechanism. This system is secured by a network of 150 Masternodes.
How it Works:
Masternodes: To become a Masternode candidate, an entity must deposit a significant stake of 50,000 VIC tokens.
Voting: VIC holders can "vote" for these candidates by staking their own VIC tokens. The 150 candidates with the most votes are promoted to Masternodes and are responsible for creating, verifying, and validating blocks.
Rewards: Masternodes and their voters are rewarded with VIC tokens for their role in securing the network.
Key Features:
Double Validation: To enhance security, each block is validated by two different Masternodes. A block is created by one Masternode and then verified by another randomly selected Masternode before it is added to the chain. This significantly reduces the risk of forks and enhances security.
High Speed: This consensus mechanism allows for 2-second block times and near-instant transaction finality, enabling the network to handle thousands of transactions per second (TPS).
2. Zero-Gas Transactions (VRC-25 Standard)
The most prominent feature of Viction is its "gasless" transaction model. This is designed to remove the primary barrier to entry for new Web3 users, who are often confused and deterred by the need to hold a separate native token (like ETH) to pay for transaction fees.
VRC-25 Token Standard: Viction introduced a proprietary token standard called VRC-25. This standard allows dApp developers to subsidize the transaction fees (gas) on behalf of their users.
User Experience: For the end-user, this means they can interact with dApps on the Viction network?such as making a swap on a DEX or minting an NFT?without needing to hold any VIC tokens in their wallet for gas. The experience is seamless and mirrors a traditional Web2 application.
3. Viction World Wide Chain (VWWC)
This is Viction's horizontal scaling solution. The VWWC is a network of interconnected "appchains" (application-specific blockchains) that operate concurrently. This allows for fluid asset and data transfer between different chains within the Viction ecosystem, all anchored to a common settlement layer, enabling extensive scalability for decentralized applications.
Products and Services
Viction's "products and services" are the core components of its blockchain ecosystem, designed for developers, end-users, and network participants.
1. The VIC Token
VIC is the native currency of the Viction network. It is the central pillar of the ecosystem and serves several critical functions:
* Staking: Used to stake and vote for Masternodes, allowing users to participate in network consensus and earn staking rewards.
* Governance: VIC holders can participate in the on-chain governance process, voting on proposals that affect the future of the network.
* Transaction Fees: While many transactions are gasless for the user, VIC is still the underlying token used to pay for computations and transactions on the network, whether by the user or the dApp developer.
2. Core Infrastructure & Tools
Vicscan (viction.scan.xyz): The official blockchain explorer for the Viction network. It allows anyone to view, search, and analyze all on-chain activity, including blocks, transactions, wallet addresses, and smart contracts.
VicMaster (master.viction.xyz): The governance dApp for the PoSV consensus. This is the platform where users can see the list of Masternodes and candidates, stake their VIC to vote, and claim their staking rewards.
Viction Wallet: The native, non-custodial mobile wallet for the Viction ecosystem. It allows users to securely store, send, and receive VIC and VRC-25 tokens, as well as interact with dApps.
3. Ecosystem & dApp Services
Viction provides the foundation for a growing ecosystem of decentralized applications and services. Key examples include:
* RabbitSwap: A native Decentralized Exchange (DEX) built on Viction, allowing users to trade various tokens within the ecosystem.
* Dagora (dagora.xyz): A multi-chain NFT marketplace that has a strong presence on Viction, serving as the primary hub for minting and trading digital collectibles.
* OneID (oneid.xyz): A decentralized digital identity (DID) service for Web3. It allows users to consolidate their multiple wallet addresses and social profiles under a single, human-readable ".viction" username.
* Viction Data Availability (Viction DA): A decentralized data availability layer that enhances network performance and security for Layer-2 rollups and appchains.
* SpaceGate: The official cross-chain bridge, enabling the transfer of assets between Viction and other major blockchains like Ethereum, BNB Chain, and Polygon.
Please note: This information is generated by AI. For legal use, verify with company sources.
