In this weekly report (1st Week of April 2020): OKEx users can now earn VSYS via OKEx Earn now. VSYS is available on BetaEx with the VSYS/USDT trading pair. There are over 5,000 global users using Tachyon VPN nowl. Please read the full report below.
1. VSYS Blockchain Development
Mainnet Development
New Opcodes are being developed for a more powerful smart contract platform.
Other than this, there are several specific functions being developed:
A non-fungible contract feature is entering testing stages, the non fungible contract will contain an undividable token. The token’s ownership can then be transferred freely, closely mimicking a traditional product.
A lock contract feature based on the deposit / withdraw function is entering testing stages, users will be able to store VSYS or tokens on these contracts and lock these assets for some period of time.
The V Systems payment channel is currently also entering testing stages, the payment channel is a smart contract that can store VSYS or tokens, allowing users to keep a majority of payment transactions off-chain. This can potentially save a large amount of transaction fees for users who deal with a lot of transactions between the same parties.
Utils Development
The V-Cloud service is getting ready to release, providing organisations with an extremely easy way of integrating with the VSYS Blockchain. Blockchain user who wish to quickly and easily set up a blockchain system with pre-built applications can do so using this service.
V-Could top-up is doing adjustment and optimization. The development of V-Cloud web terminal feature enter internal testing stage. The development of V full node service is almost done. The next stage function and database related function is under researching and experimenting.
More token related features are being considered to integrate into V wallet. Once done, it will enhance token use cases and make the user experience more friendly.
More Node Monitor Tool is discussing and researching. After development is completed, they will open to public use in the future.
Integration with General Bytes (a cryptocurrency ATM) is currently in development
2. Global Community Updates
You can now earn VSYS on OKEx Earn
OKEx Earn is a simple way to earn crypto passive income for beginners, short-term investors and long term investors alike.
VSYS is now available on BetaEx
We are excited to announce that VSYS is now available on BetaEx with the VSYS/USD trading pair. VSYS coin holders can now start trading VSYS with BetaEx. Please click through the link below to learn more.
Tachyon VPN Global Users Reach 5,000!
The first v.systems based application Tachyon VPN is now available on Apple App Store and Google Play for free download. The team announced this week that there are over 5,000 global users using Tachyon VPN now. Please share your feedback and help us improve the product!
Tachyon VPN iOS Version Download Link:
Tachyon VPN on Google Play Download Link:
Tachyon Protocol (IPX) Trading Contest on HitBTC
Tachyon Protocol (IPX) is co-hosting a trading contest on HitBTC with a prize pool of 216,445 IPX tokens and the 1st place will be rewarded 90,000 IPX Tokens!
The trading contest will start between 00:00 (UTC) on March 24th to 00:00 (UTC) on April 7th. Please click through to learn more about the contest and Happy Trading!
3. Market Overview
Market Cap
VSYS is now ranked at #78 on CoinMarketCap, with a market cap of over US$46 million.
Staking Rewards
This week, VSYS has gained an overall StakingRewards Score of 64.70% 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!
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
