V Systems
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V Systems

Weekly Report 2020 January #1

In this weekly report (1st Week of January 2020): Goodbye 2019, Hello 2020! With the support from our community, our team has been making progressive goals in the year of 2019. Please read the full report below.

1. VSYS Blockchain Development

Mainnet Development

VSYS smart contracts are currently being developed further to support more advanced functionalities. There are several specific functions being developed:

A deposit / withdraw feature is currently being developed for VSYS smart contracts, this feature will allow smart contract users to store assets (both VSYS and tokens) within smart contracts and withdraw it whenever they wish.

A lock contract feature based on the deposit / withdraw function is being developed, users will be able to store VSYS or tokens on these contracts and lock these assets for some period of time.

New Opcode for smart contracts is being developed, these new features are based on the new deposit / withdraw feature and will enable a large number of new usages for smart contracts.

Utils Development

The V-Cloud Token service is currently in development, providing organisations with an extremely easy way of integrating with the VSYS Blockchain. Token issuers who wish to quickly and easily set up a token with pre-built applications can do so using this service.

The V-Cloud Token wallet is under development.

V Systems C# SDK has updated compatibility and library references.

The JavaScript SDK has been uploaded to https://www.npmjs.com . App developers can now install the library with a simple command.

2. Global Community Updates

V SYSTEMS Year In Review:2019

Hello 2020! 2019 has come to an end, the VSYS team is so grateful to have all the support throughout the year! Your support is greatly valued and drives us forward. In 2020, the VSYS team will continue to work on system optimization and building a radically decentralized, open and fluid ecosystem.

“Out with the old, in with the new” — Wish you all a Happy New Year, more exciting news will be announced in 2020. Please click through to see the Top 10 achievements of V SYSTEMS in 2019.

2020 — The Year for Ecosystem Building

V SYSTEMS aims to be one of the most innovative and efficient public blockchain for the future virtual economy. More than 100 VSYS-powered projects are expected to be announced in 2020 and the team will be updating the community on the project progress and keep working to realize the mission and move toward the virtual economy era. Happy New Year and keep building in 2020!

V SYSTEMS is Now Available on Floyx!

V SYSTEMS is now available on Floyx, an independent social media platform designed for blockchain and cryptocurrency environment. Follow us on Floyx now and start interacting with the greater crypto community. Please join us now!

3. Supernode

All Supernodes Now Support Staking 2.0

All supernodes on V SYSTEMS now support Staking 2.0 — VSYS coin holders are now able to receive a double reward of VSYS + IPX simply by leasing your VSYS coins to any of the supernodes. Please visit our V SYSTEMS Forum — Supernode Discussion if you wish to study the rewarding schemes offered by different supernodes.

4. Market Overview

Market Cap

VSYS is now ranked at #73 on CoinMarketCap, with a market cap of over US$48 million.

Screenshot from CoinMarketCap on 03 Jan 2020

Staking Rewards

This week, VSYS has gained an overall StakingRewards Score of 65.32% on stakingrewards.com. V SYSTEMS promises 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 03 Jan 2020

Stay Connected

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

V SYSTEMS Forum: https://forum.v.systems/
Twitter: https://twitter.com/VSYSCoin
YouTube: shorturl.at/mxX09
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



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