Weekly Report 2019 December #2

In this weekly report (2nd Week of December 2019): The V SYSTEMS team is co-hosting an AMA with Tachyon this weekend, remember to tune in and leave your questions to get IPX rewards. Peercoin VPool has replaced V Power to become one of the supernodes on the V SYSTEMS mainnet. Please read the full report below.

1. VSYS Blockchain Development

Mainnet Development

VSYS smart contracts currently supported on the VSYS blockchain allow users to easily create their own tokens, and token transactions are validated on the underlying blockchain. The usages of the tokens can be defined by the creator of the tokens whether it be a form of financial instrument, electronic money, or token of utility. The tokens support functions such as issuing, sending and destroying, but some advanced features such as the split/reverse split functions are also available. These functions are analogous to the stock split in the financial world.

A deposit / withdraw feature is currently being developed for VSYS smart contracts, this feature will allow smart contract users to store assets (both VSYS and tokens) within smart contracts.

New Opcode for the smart contracts is being developed, these new features are based on the new deposit / withdraw feature and will enable a large number of new usages for smart contracts.

Utils Development

The V-Cloud Token service is currently in development, providing organisations with an extremely easy way of integrating with the VSYS Blockchain. Token issuers who wish to quickly and easily set up a token with pre-built applications can do so using this service.

The V-Cloud token explorer has completed development and is currently under code review.

The V-Cloud Token wallet is under development.

Web hot wallet has received several bug fixes and improvements to UI.

The IPX token explorer has been completed. The website link is https://explorer.tachyon.eco

Trezor wallet has completed development, it is currently under code review.

Minor issues fixed for SDKs.

2. Global Community Updates

V SYSTEMS x Tachyon AMA

We are co-hosting an AMA (Ask-Me-Anything) with Tachyon for the V SYSTEMS community this weekend (10:00 AM EST, 14 December). We would like to invite our community members to ask questions about Tachyon, IPX , Staking 2.0 and more. The selected ones will be rewarded with 50 IPX! Please joinour Telegram and ask your questions now!

Introducing V SYSTEMS Forum

The V SYSTEMS Forum is finally out! The V SYSTEMS team has always wanted to

provide a space to gather everyone in the community to discuss V SYSTEMS, to share ideas, ask questions, and to seek help from the team and the community. Join us and meet the community on V SYSTEMS Forum now! Please click through to learn more.

The Community AMA of V SYSTEMS Forums

To celebrate the launch of the V SYSTEMS Forum , we are hosting an AMA (Ask-Me-Anything) for our community till 19 December 2019. The V SYSTEMS team will collect all questions in the AMA thread on 19 December, 2019 (UTC +8). The best five questions will be awarded with 500 VSYS. All the winners and answers will be announced on the 23th December 2019 here. Please click through to learn more.

3. Supernode

Peercoin VPool Officially Becomes a Supernode on V SYSTEMS

Peercoin VPool has replaced V Power to become one of the supernodes on the V SYSTEMS mainnet. V Power minters can now lease their coins to other supernodes for coin minting, and receive minting rewards in return. Please view the Supernode Ranklist for more details.

4. Market Overview

Market Cap

VSYS is now ranked at #53 on CoinMarketCap , with a market cap of over US$83 million.

Screenshot from CoinMarketCap on 13 Dec 2019

Staking Rewards

This week, VSYS has gained an overall StakingRewards Score of 65.50% on stakingrewards.com ,. V SYSTEMS promise to maintain a healthy staking environment for all token user. With VSYS coins, you can easily enjoy the rewards from staking with just a few clicks. Take action now!

Screenshot from stakingrewards.com on 13 Dec 2019

Stay Connected

Remember to follow us on below platforms to stay up-to-date with our latest updates and announcements.

V SYSTEMS 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