Fermat Mainnet Launch

V Systems
V Systems
Published in
2 min readJun 30, 2020

30 June 2020 — Today we are pleased to announce VSYS v0.3.1. This latest release will support new features of Fermat Smart Contract, mainly focusing on lock contracts, payment channel contracts, and non-fungible token contracts. The new features will be activated after the block height becomes 13140520 (around 31 July 2020). You can find more about VSYS v0.3.1 detailed here on Github.

In line with the ongoing ambition to improve the usability of the V Systems blockchain, new smart contract features have been created with an aim to expand beyond traditional payment methods. Specifically, these updates should allow a large number of new applications, high-frequency transactions, micro-transactions, pay-by-use for service providers, proof of ownership, and many others.

All the new features in the latest release have been activated on the VSYS Testnet since May. We have also conducted thorough testing in order to ensure that all of the functionality of the smart contract is working as expected. We will continue to run the tests to provide ongoing support and ensure the robustness of release.

During the v0.3.1 upgrade process, all supernodes of the V Systems network will also be informed of the necessary requirements and steps.

Stay Connected

We continue to regularly iterate new features into V Systems to provide developers with a more stable and user-friendly platform. Community participation is encouraged, as feedback provides insight into the specific needs of developers. If you would like to offer feedback on the platform and work more closely with our team, you can contact our developer relations team at Github.

Twitter: https://twitter.com/VSYSCoin
Telegram:https://t.me/VSYSOfficialGroup
Medium:https://medium.com/vsystems
YouTube: shorturl.at/mxX09
Reddit:https://www.reddit.com/r/V_SYSTEMS/
Github: https://github.com/virtualeconomy/v-systems

Other Useful Links

VSYS Official Website: https://www.v.systems
Supernode Ranklist: https://vsysrate.com/
VSYS Blockchain Explorer: https://explorer.v.systems/

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V Systems
V Systems

A blockchain platform that supports the efficient and agile development of decentralized applications. Visit our website at www.v.systems