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Weekly Report — 3rd Week of October 2020

V Systems | 10.16| 24

Weekly Report — 3rd Week of October 2020

In this weekly report (3rd week of October 2020): The V Cloud service is getting ready to release, providing organisations with an extremely easy way of integrating with the VSYS Blockchain. V browser extension wallet will be launched soon. Tachyon Node Manager 2.1 is under development and will be available 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.

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.

The design and development of the V Cloud embedded script system of the configuration template is currently in progress to support services such as PostgreSQL which rely on external services (VM).

V browser extension wallet will be launched soon. V browser extension wallet is a bridge connecting DApp projects. This will benefit the future development of the V Systems ecosystem.

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

2. Community Updates

Tachyon NodeManager 2.1

NodeManager 2.1 is under development and will be available soon. It will support multiple staking addresses management. Everyone can become Tachyon Platform Partners easily. Servers from IBM, Rackspace, Scaleway and Vultr are also available to run on Tachyon Network

📑 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 #165 on CoinMarketCap, with a market cap of over US$40 million.

Screenshot from CoinMarketCap on 16 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 16 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


Weekly Report — 3rd Week of October 2020 was originally published in V Systems on Medium, where people are continuing the conversation by highlighting and responding to this story.

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