What is Vyvo Smart Chain?

Vyvo Smart Chain Network is a Layer 1 blockchain compatible with Ethereum. It utilizes a hybrid validation protocol that combines Proof-of-Stake (PoS) and Proof-of-Sensing (PoSe) to prioritize data security and decentralization.

The native cryptocurrency of the network is Vyvo Coin ($VSC), which serves multiple functions including staking and rewarding ecosystem participants. The economic model involves a burn-and-mint mechanism to stabilize the supply of VSC in response to data purchasing trends, aiming to maintain a consistent monthly supply despite fluctuations in the USD price of VSC.