Weekly Report — 2nd Week of October 2020

V Systems
V Systems
Published in
3 min readOct 9, 2020

In this weekly report (2nd week of October 2020): The release of new contract features in the Fermat update is finalised and is stable. Users can freely use the designed contracts. The atomic swap contract has been tested for on-chain and cross-chain swaps, unit tests are currently being written and revised. 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.

The atomic swap contract has been tested for on-chain and cross-chain swaps, unit tests are currently being written and revised.

The contract system is getting updated to support BigInt operations. Opcode and DataEntry functionality is being expanded for this data type.

The contract system is also being updated to support if statements, this feature is still a work in progress.

There are currently several more functionalities in the design stages. The specifics of these functions are not finalised, and will be revealed once they have been concluded.

💻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.

V Cloud PostgreSQL service architectural design is work in progress. Fixed known bug and added exception handling.

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

2. Market Overview

📈 Market Cap

VSYS is now ranked at #157 on CoinMarketCap, with a market cap of over US$40 million.

Screenshot from CoinMarketCap on 9 October 2020

⚖️ Staking Rewards

This week, VSYS has gained an overall StakingRewards Score of 64.53% 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 9 October 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

--

--

V Systems
V Systems

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