V Systems
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V Systems

Weekly Report — Last Week of October 2020

In this weekly report (Last week of October 2020): V Systems extension wallet will be launched soon. This will benefit the future development of the V Systems ecosystem. A mysterious prediction card NTF game, Octopus, is launching soon. Our weekly report arrangement will have some changes starting from November onwards. 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. Expansion of data type support will allow more flexible contract behaviour.

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

Other Opcodes such as comparison operators and type converter operators are receiving updates.

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

V Systems extension wallet will be launched soon. V Systems extension wallet is a bridge connecting DApp projects. This will benefit the future development of the V Systems ecosystem. Please read the article below for more details.

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 is currently developing LUA script systems.

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

2. Community Updates

🐙 Sneak Peek: Octopus is coming, a mysterious prediction card NTF game

A mysterious prediction card NTF game, Octopus, is launching soon. Built using the V Systems blockchain, Octopus lets users obtain Octopus non-fungible tokens (NFTs) through yield farming, and exchange for cards. Stay tuned for more information.

Staking 2.0 Update: Ecosystem Expansion and Distribution of Octopus Tokens

Staking 2.0 has been introduced for almost half a year. 15 supernodes have participated and 48% of Tachyon’s IPX token has been distributed to VSYS users. More V Systems-based projects will join the Staking 2.0 initiative in the future. Please stay tuned for more updates.

🍃 V Systems is now on Bitfinex Pulse

Bitfinex Pulse is a social platform and news feed aggregator designed for traders and carefully curated media partners to share live trading insights and analysis. Please follow us on Bitfinext Pulse to gain more insights and receive real-time updates on VSYS coins!

📑 Weekly Report Arrangement

In order to bring more insights into V Systems project updates and development progress, we are going to change our weekly report into a monthly digest format starting from November onwards. The team will provide more substantive content regarding the mainnet and utility development, as well as the updates on ecosystem projects. If there is any specific content you want us to provide in the report, please feel free to comment below and let us know. Stay tuned!

3. Market Overview

📈 Market Cap

VSYS is now ranked at #171 on CoinMarketCap, with a market cap of over US$32 million.

Screenshot from CoinMarketCap on 30 October 2020

⚖️ Staking Rewards

This week, VSYS has gained an overall StakingRewards Score of 63.87% 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 30 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
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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