V Systems
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V Systems

Weekly Report — 3rd Week of September 2020

In this weekly report (3rd week of September 2020): We have updated our development roadmap! The tech team will focus on the development of V Cloud and smart contract functions from this year to 2021. In the near future, the V Systems mainnet will support cross-chain and intra-chain token swaps, and provide NFT smart contract template to support the development of DeFi and NFT gaming projects. The V Systems community AMA is live now, please tune in and ask questions! 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.

Unit tests for a large amount of opcodes have been completed, further contract development and unit testing will continue. There is already a large number of opcodes and the possible computations that can be performed on the V Systems blockchain through contracts are vast. Opcodes are currently being designed to further increase contract functionality.

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.

💻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 currently has refactored the client code, re-extracted the common modules of the supplier and user clients, and improved the client user experience.

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 Releases Latest Roadmap

The latest roadmap has been released! From this year to 2020, the V Systems team will focus on the development of V Cloud and more smart contract functions. The V Systems mainnet will soon be able to support cross-chain and inter-chain token swaps, and provide NFT smart contract template to support the development of DeFi and NFT games.

🗣V Systems Community AMA

You spoke, we listened. The V Systems team noticed that there has been a lot of incoming enquires regarding the project and ecosystem development. Therefore, we would like to take this opportunity to hear your voice and communicate with the community. Please submit your question(s) via this google form before 25 September 2020 and we will try to answer them!


✍️ Sunny King Q&A with Staked

Our Chief Architect Sunny King is a pseudonymous developer known for being the creator of the proof-of-stake consensus for cryptocurrencies. Below please find a quick and informative Q&A with Sunny conducted by our supernode Staked.

3. Market Overview

📈 Market Cap

VSYS is now ranked at #159 on CoinMarketCap, with a market cap of over US$46 million.

Screenshot from CoinMarketCap on 18 September 2020

⚖️ Staking Rewards

This week, VSYS has gained an overall StakingRewards Score of 66.09% 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 18 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
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

V Systems

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

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