In this weekly report (4th week of August 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 is currently in its test stages. In later releases, cross-chain swaps, or VSYS to token swaps will be possible. Tachyon VPN has been featured on Cointelegraph. 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.
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.
Unit tests are being written for each individual contract opcode (lowest level functions that form contract code). New opcodes are being developed to enable more complex 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.
The development of the first release of V-Cloud Market is almost done. Currently adjusted some functional details. The architecture and functionality of the Database supplier is currently under designing.
V web wallet the feature of deposit/withdraw token and v coin to/from contract is developed and currently deployed to mainnet web wallet http://wallet.v.systems .
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
Tachyon VPN has been Featured on Cointelegraph
According to Cointelegraph, Tachyon VPN Reaches 1 Million Users in Just Six Months
The app is among the top 5 most popular DApps in the world and it is available for both Android, iOS, and macOS users. Please read the full article below.
3. Market Overview
Market Cap
VSYS is now ranked at #147 on CoinMarketCap, with a market cap of over US$57 million.
Staking Rewards
This week, VSYS has gained an overall StakingRewards Score of 65.94% 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
