V Systems
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V Systems

Weekly Report 2019 April #3

1. Development Progress


The result of testnet run of our next generation smart contract is very good. The processing speed is benefited from the high performance of the SPoS consensus mechanism. It can be processed in one second.

We expect to run the smart contract on main net very soon.


The official website, wallet, and explorer are under further developing to support the launch of smart contracts and currency functions.

2. Global Community

The two Hackernoon authors reported VSYS and the SPoS minting.

Please read the full text:

Why We’re Going to Re-Architect Blockchain!


A Decentralized Blockchain Database and DApp Platform for the New Digital Economy


At present, there are more than 10 media coverages for SPoS minting in Chinese. Please go to Baidu search engine to find it.

The team is looking for some mathematicians and economists to analyze the SPoS minting economy. If you or your friends are interested, please introduce to snake@v.systems

3. Supernode

This week, the world’s top Staking service platform, Cobo wallet (https://cobo.com/) announced that it becomes a VSYS supernode, and provide SPoS minting servicefor VSYS holders, with the annual ROI of 20%.

Cobo Wallet receives more than 80 million SPoS takes, replacing Hackergarden as the new VSYS mainnet supernode.

Previously, ZB’s VSYS supernode has raised the total number of VSYS coin miners to tens of thousands. Cobo Wallet has more than 500,000 professional PoS mining users and is expected to further expand the total number of VSYS coin miners.

You can find out more about the Cobo wallet’s SPOS minting page: https://support.cobo.com/hc/en-us/articles/360021316633-VSYS-PoS-Rules

4. Developer Community

The team is actively investing in blockchain projects with corporate partners, and is looking for top blockchain developers in the world to invest and incubate blockchain applications based on the VSYSTEMS mainnet. We will have a big announcement recently in this field.

Please send us an email if you are interested: snake@v.systems

5. Team and Partners

The team will recruiting more developers from Sunny King’s previous network, we will annouce more key developer members very soon.

2019年4月第2週 週報









Why We’re Going to Re-Architect Blockchain!


A Decentralized Blockchain Database and DApp Platform for the New Digital Economy










由於我們即將發布的智能合約和token功能,希望進行相關開發的開發團隊,請聯繫我們。 bd@v.systems




團隊正在引進Sunny King的更多全球粉絲和開發者參與項目開發。


V SYSTEMS is a native blockchain database and decentralized app platform that aims to create a brand new digital economy era. The project is led by chief architect, Sunny King, the legendary blockchain developer and creator of Proof of Stake (PoS), who initiated the first PoS project with Peercoin and was also the creator of Primecoin.

V SYSTEMS’ mission is to create a future economy built upon millions of blockchains. To fulfill this mission, V SYSTEMS creates a scalable and stable infrastructure that brings a healthy blockchain ecosystem based on the next evolution of PoS, Supernode Proof of Stake (SPoS). V SYSTEMS aims to materialize the vision by building an innovative database cloud to make blockchain development swift and easy.

The mainnet and supernodes of V SYSTEMS have been operating since Q4 2018. The performance has been proven stable with industrial level TPS.

Project Name: V SYSTEMS

Official Website: https://www.v.systems

Project Introduction documents: https://v.systems/whitepaper.html

Learn how to participant supernode minting : https://v.systems/supernode.html

About VSYS Coin

V SYSTEMS’s cryptocurrency exchange ticker: VSYS

VSYS Coin lists on exchanges: https://v.systems/start.html

VSYS Coin on coinmarketcap page: https://coinmarketcap.com/currencies/v-systems/

Short Summary for VSYS Coin:

5,142,858,000 VSYS Coins (genesis block) Annual inflation rate around 5%, issued through supernode minting. VSYS Coins will be burnt during transaction, deflation may occur as a result.

VSYS coins are the cryptocurrency on V SYSTEMS blockchain.

About the V SYSTEMS Team

Architect: Sunny King

Sunny King, a legendary blockchain developer, is the inventor of Proof-of-Stake consensus mechanism and creator of three cryptocurrencies/blockchain projects, including V SYSTEMS, Peercoin and Primecoin. Each project brings important advancements to blockchain technology and its community.

Sunny King Wiki:


Sunny King Twitter:


Sunny King’s statement on the V SYSTEMS public chain:


Core Developer Team Introduction:

The core developer team are experts from ex-Oracle,VMware,Google, Uber, and more other silicon valley tech companies. The leading developer team are all world’s top database scientists and mathematicians.

Social Medias of V SYSTEMS

Telegram: https://t.me/VSYSOfficialGroup

Bitcointalk: https://bitcointalk.org/index.php?topic=5095853.0

VSYS Talk: http://talk.v.systems

VSYS Twitter: https://twitter.com/VSYSCoin

Sunny King Twitter: https://twitter.com/sunnyking9999

Facebook: https://www.facebook.com/vsystemsofficial

Medium: https://medium.com/vsystems

Reddit: https://www.reddit.com/r/V_SYSTEMS



V Systems is a general purpose blockchain database for decentralized applications. Led by Sunny King, the inventor of PoS, we aim to deliver scalable and durable decentralized database cloud technology with high finality, performance and the highest resistance to 51% attacks.

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V Systems

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