Weekly Report — 1st Week of September 2020

V Systems
V Systems
Published in
3 min readSep 4, 2020

In this weekly report (1st week of September 2020): The V-Cloud service is getting ready to release, providing organisations with an extremely easy way of integrating with the VSYS Blockchain. VSYS has been Listed on Korean exchange CoinOne. Please read the full report below.

1. VSYS Blockchain Development

Mainnet Development

The release of new contract features in the Fermat update is finalised and is stable. Users can freely use the designed contracts. Read the link below for more details.

The atomic swap contract is currently in its test stages. In later releases, cross-chain swaps, or VSYS to token swaps will be possible. Once the contract feature is sure to be robust it will be released for public usage. Tests must be completed with care to ensure there are no methods to exploit contract features.

Unit tests are being written for each individual contract opcode (lowest level functions that form contract code). New opcodes are being developed to enable more complex contract features.

Utility Development

The V-Cloud service is getting ready to release, providing organisations with an extremely easy way of integrating with the VSYS Blockchain. Blockchain users who wish to quickly and easily set up a blockchain system with pre-built applications can do so using this service.

The V-Cloud regional support and service period settings have been developed, and designed a new query function for the supplier. Currently the self-operated database service architecture is researching and developing.

The development of V Javascript version SDK for Fermat contract support is done and published to NPM. Python version SDK is developing Fermat contract support. Other programming language version SDK support for new contracts are being planned.

More Node Monitor Tool is discussing and researching.After development is completed, they will open to public use in the future.

2. Global Community Updates

V Systems (VSYS) has been Listed on Korean Exchange CoinOne

We are excited to announce that Korean cryptocurrency exchange CoinOne has listed the native cryptocurrency of V Systems (VSYS) today to support VSYS/KRW trading pair.

3. Market Overview

Market Cap

VSYS is now ranked at #150 on CoinMarketCap, with a market cap of over US$50 million.

Screenshot from CoinMarketCap on 4 September 2020

Staking Rewards

This week, VSYS has gained an overall StakingRewards Score of 66.59% on stakingrewards.com. We promise to maintain a healthy staking environment for all token users. With VSYS coins, you can easily enjoy the rewards from staking with just a few clicks. Take action now!

Screenshot from stakingrewards.com on 4 September 2020

Stay Connected

Remember to follow us on the platforms below to stay up-to-date with our latest updates and announcements.

Official Forum: https://forum.v.systems/
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