What is Vpal?

Vpal is an Internet protocol for making financial transactions. The RTXP (Ripple Transaction Protocol) is the basis of Vpal. The goal of Vpal is to provide a much simpler, convenient payment services through the Vpal general payment protocol based on VBC (the math-based currency of Vpal). We hope that we can create a payment platform which is easy to understand and use for ordinary users without the financial and IT background on the basis of Vpal, in combination with other advantage of digital currency. Not like Ripple, VBC is produced every day. At the very first of beginning, 10,000,000 VBCs were produced. Then VBC will be produced every day. The amount of VBC will increase 10% every month ever since. For example, 10,000,000 VBCs will be produced in January, then 11,000,000 VBCs in February, and then 12,100,000 in March. VBC will be given to those who already have VBC. The Vpal network will destributes VBC according to the following theory:

1.If you have VBC with an amount of VBC more than one, you will be given VBC according to this formula: 

2.If you make other people use VBC, you will be given VBC too. The more people you can get, the more VBCs you will get. The amount is calculated according to this formula:

Distributed FX

A universal conversion for money

Trading currencies has never been so easy. Vpal’s distributed currency exchange allows anyone to trade currencies on a global network. Trades are peer-to-peer, automatic, and need no fees or additional expenditures. The result is complete currency choice: you can hold, send, and receive whatever currency you prefer.

No fees or additional expenditures. One buyer, one seller, one price – that is the way a trade should be.

Vpal is the only currency exchange that allows trading in all currencies. National currencies, virtual currencies, commodities, frequent flier miles, mobile minutes, and more — any unit of value can be traded.

Protocol

A universal protocol for money

The Internet is only as powerful as its protocols. Just like HTTP produced the World Wide Web, SMTP gave us email, RTXP (the Vpal Transaction Protocol) creates a payment network that automatically processes payments, currency exchange, and other financial transactions. RTXP can be used, modified, and implemented by anyone for free. Developers can use RTXP to build real-money applications. Businesses can integrate RTXP by adding advanced functionality. RTXP is more than a payment system -- it’s the next stage in the evolution of the Internet.

Payment Network

The Vpal payment network allows anyone to send money to anyone in any currency. It is founded on the same principles as the Internet: free for everyone, accessible to anyone, owned by no one, and connecting the whole world on a shared network.

Fast -- No more waiting 2-5 business days — Vpal payments clear in seconds. It’s as fast and easy as sending email.

Global -- Buenos Aires or Berlin, Texas or Taipei — Vpal payments can be sent anywhere in the world.

Cross-Currency Payments -- Thanks to Vpal’s revolutionary distributed currency exchange, cross-currency payments are effortless. Sending a payment in dollar, euro, or pound and it can arrive as yen, rupee, or yuan — and the exchange automatically converted at the best available rate.

Secure -- All accounts and transactions are cryptographically secured and algorithmically verified. Payments can only be authorized by the account holder and all payments are processed automatically without any third party or intermediary. Benefits by the distributed system of Vpal, there is no single point of weakness or to be attacked by.

Vpals

A New Currency for the Internet Age

VBC is a math-based currency designed to work seamlessly with the Internet. Powered by a global network of computers, VBC is a fast, direct, and secure way to make payments on the web.

The propagation of Vpal

VPAL is a kind of pure digital currency without central issuance bank and its issuance depend on mining. However, our innovation setting allows the disseminator plays the role of mining at the same time. As long as the disseminator makes positive promotion of VPAL, he will gain benefits from the issuing of VPAL. The wider of the VPAL transmission range spread, the higher the value of the VPAL will be and the greater the disseminator’s gains will be. This virtuous cycle will inspire disseminator so to promote the faster popularity of VPAL around the world.

Work as individuals

Send Money to anyone, from anywhere, at anytime, in any currency

Work as merchants

Vpal is a powerful new payment solution that saves time and money for merchants. Traditional online payments are outdated, slow, and expensive. The defect embodies in the following aspects: merchants pay billions in transaction fees and service subscriptions; the currency exchange rates are high; the payment processing takes days or weeks and chargebacks and fraud frequently cut into the bottom line. Vpal payments are irreversible, processed in seconds, need no fees, and can be automatically converted to any currency at no extra charge. Vpal payments are free to use and can be easily added as a payment option.

Work as trades

A Vpal gateway is any business that provides access to the Vpal network. Gateways can be banks, money service businesses, marketplaces, or any financial institution. Businesses those become gateways create advanced financial functionality for their customers and generate new revenue streams. The gateway service is configurable and free. Though the applications are diverse, the integration only takes days.

Work as market makers

Vpal offers endless opportunities for market makers. Dollars, shekels, pesos, yuans—payments and currencies of all kinds can move across the Vpal payment network. This creates constant demand for market makers on Vpal’s distributed currency exchange. Thus, whether you are a day trader or a dedicated forex business, you can come and explore Vpal’s revolutionary Direct FX to see how providing liquidity can produce new profits.

Join Us

Job description:
Involved in Vpal’s various research and development work, such as Bitcoin protocol, wallets, and clients.
Job requirements:
1, Bachelor degree or above, logical thinking ability outstanding;
2, Has a higher enthusiasm in the virtual currency, capable of in-depth research;
3, Master a variety of programming languages, such as Java programming language and C++;
4, Familiar with a variety of data structures and algorithms;

How Vpal（VBC） Register and Vpalwallet（Vpal purse） Access address

http://vpaldg.blogspot.com/2014/08/how-vpalvbc-register-and-vpalwalletvpal.html