Weekly Report — 4th Week of September 2020

V Systems
V Systems
Published in
3 min readSep 25, 2020

In this weekly report (4th week of September 2020): We have collected all the questions from the V Systems community. The team will post the answers on Medium next week. Tachyon (IPX) Node Manager2.0 has been officially released. TachyonVPN has reached 1.6 million users, and they are hosting a celebration event, join now! 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 has been tested for on-chain and cross-chain swaps, unit tests are currently being written and revised.

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 blockchain through contracts are vast. Opcodes are currently being designed to further increase contract functionality.

There are currently several 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 recently 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 Community AMA

We have collected all the questions from the V Systems community. The team will post the answers on Medium next week. Stay tuned!

Tachyon Released Node Manager 2.0

Tachyon (IPX) Node Manager2.0 has been officially released. IPX payment will soon be integrated in the following version. Please stay tuned.

Tachyon 1.6 Million User Celebration Event

TachyonVPN has reached 1.6 million users. To celebrate this milestone, Tachyon is now hosting an event that gives out a total of 29500 IPX tokens and 1500 USDT.

3. Market Overview

📈 Market Cap

VSYS is now ranked at #163 on CoinMarketCap, with a market cap of over US$39 million.

Screenshot from CoinMarketCap on 25 September 2020

⚖️ Staking Rewards

This week, VSYS has gained an overall StakingRewards Score of 66.04% 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 25 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
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

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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