Weekly Report 2019 July #1

1. VSYS Blockchain Development

Mainchain development:

Developments of VSYS continue to focus on deploying smart contract support. Smart contracts allow users to write code that is stored on the blockchain which will be executed upon some predefined condition.

While tests for smart contracts are still being carried out on the test chain, SDK development for main chain has begun, client APPs developed by 3rd parties will be more easily integrated into the VSYS blockchain.

Wallet development:

Ledger wallet support has been finalising, and code review is underway. VSYS coin users will soon be able to store their coins on the Ledger wallet, a piece of hardware that can store coins in an extremely secure fashion.

Wallet support for advanced token feature is finalising, integration into the main chain will be ready for smart contract release.

Other development:

Token feature is being tested extensively in the testnet explorer.

Node monitor client is being reviewed.

Test & debug:

Token feature integrated into testnet on VSYS explorer, tests are continuously being performed on this feature.

Various smart contract implementations being tested extensively in the testnet.

Faucet feature is available on the testnet explorer, users can request some coins to test any features they are interested in.

Maintenance & Operations:

Regular operations and maintenance: Continued technical support for VSYS Supernodes.

2. Global Community

V SYSTEMS has joined the alliance with Binance Charity Foundation (BCF) to introduce Pink Care Token (PCAT). In the frame of the period poverty campaign, the alliance aims to empower 1 million women in developing countries to improve feminine health and wellbeing.

Please share your love and donate your part at:

Watch this YouTube video for more details: #Binance Charity Pink Care Token Alliance to Fight Period Poverty - YouTube

3. Supernode

Black Diamond has gained growing support from the community and accumulated 94M+ VSYS in the running for a VSYS Supernode.

The team is actively reaching out to different staking service providers to expand the SPoS minting community. If you are interested, please contact our team at snake@v.systems

4. Developer Community

We are actively expanding our developer community worldwide. If you want to work more closely with our team and build your applications on V SYSTEMS blockchain, you can send our developer relations team an email at craig@v.systems.

5. Team and Partners

Paul Brown has officially joined the V SYSTEMS team as DeFi Advisor. Paul has over 30 years of executive and management experience in the banking and capital markets. His extensive knowledge and network will help create new connections and opportunities for the strategic development of DeFi ecosystem.

2019年7月第1週 週報

1、VSYS 區塊鏈開發進展

















V SYSTEMS宣布正式與幣安慈善基金會(Binance Charity Foundation)達成聯盟合作,共同發行一個名為Pink Care Token(PCAT)的代幣。該穩定幣將惠及100萬位發展中國家的女性,為她們提供免費衛生用品,以解決嚴峻的「月經貧困窮」問題。

如你有興趣參與募捐,請按此了解詳情:Blockchain Charity Foundation - Binance.charity

請觀看這短片了解是次計劃的細節:#Binance Charity Pink Care Token Alliance to Fight Period Poverty - YouTube


Black Diamond獲得廣泛的社區支持,現時已累積了94M+ VSYS幣以競爭超級節點。



我們正積極拓展全球的開發者社區。如果你想與我們的團隊合作並在V SYSTEMS區塊鏈上構建應用程式,請發送電子郵件至craig@v.systems,與我們的團隊聯繫。


Paul Brown正式成為V SYSTEMS團隊的DeFi諮詢顧問。Paul於銀行及資本市場擁有逾三十年豐富的行政及管理經驗,他的加入將有利協助V SYSTEMS戰略佈局DeFi生態網絡。


In 2016, Sunny King, the inventor of Proof of Stake (PoS) consensus mechanism, gathered a team of the world’s top database scientists and mathematics encryption experts to start the project V SYSTEMS. Through the innovating consensus algorithm and decentralized database cloud platform, the project aims to address the core issues circulating the current blockchain industry — scalability and usage threshold.

By maturing the PoS technology, Sunny King created an elevated version of the consensus algorithm based on supernodes — Supernode Proof of Stake (SPoS). Not only does SPoS inherit the advantages on security and scalability of PoS, but it also brings significant improvements to the shortcomings of PoS, thus making it a highly efficient, stable and secure bottom layer for blockchain.

The major highlight for V SYSTEMS is the world’s first Common Type System blockchain database. Using an object-oriented manner for storage, the database gives high-concurrency, efficient indexing and many more advantages to various blockchain data use cases. It can also support industrial-scale decentralized applications, a key trend ahead of blockchain.

Another key aspect of V SYSTEMS is a development cloud platform equipped with a modular system. With a simple and intuitive design similar to a development engine, V SYSTEMS makes blockchain development as easy and fast as building blocks, thus lowering the entry barrier for companies to develop the blockchain.

The application of V SYSTEMS’s DApps platform including smart contract applications, sidechain applications, and cross-chain applications will focus on mainstream industries such as the finance sector.

Circulating the various innovations of V SYSTEMS is the native token VSYS Coin. The annual amount of additional issuance is fixed at a rate of 5%, and the rate is decreasing every year. The transaction cost destruction model of PoS is also adopted, granting a balanced and healthy economy. More importantly, the design of SPoS allows all coin holders to lease their coin stake to a supernode, and participate in the block production process to get rewards. This significantly improves V SYSTEMS’ immunity against 51% attacks.

The V SYSTEMS mainnet was launched on November 27th, 2018. To achieve a brand new era of the virtual economy, the development team is currently working on tech updates for 2019 and 2020 such as smart contract, blockchain database platform, sidechain and cross-chain in 2019–2020.

Project Name: V SYSTEMS

Official Website: https://www.v.systems

Project Introduction documents: https://v.systems/whitepaper.html

Learn how to participant supernode minting: https://v.systems/supernode.html

About VSYS Coin

V SYSTEMS’ cryptocurrency exchange ticker: VSYS

VSYS Coin lists on exchanges: https://v.systems/start.html

VSYS Coin on coinmarketcap page: v.systems price today, VSYS marketcap, chart, and info | CoinMarketCap

Short Summary for VSYS Coin:

VSYS coins are the cryptocurrency on V SYSTEMS blockchain.

The genesis block produced 5,142,858,000 VSYS Coins, then annually produces a fixed around 283,824,000 VSYS Coins, issued through supernode minting, with a inflation rate around 5% which decreases every year.

About the V SYSTEMS Team

Architect: Sunny King

Sunny King, a legendary blockchain developer, is the inventor of Proof-of-Stake consensus mechanism and creator of three cryptocurrencies/blockchain projects, including V SYSTEMS, Peercoin, and Primecoin. Each project brings important advancements to blockchain technology and its community.

Sunny King Wiki:

Sunny King Twitter:


Sunny King’s statement on the V SYSTEMS public chain:


Core Developer Team Introduction:

The core developer team are experts from ex-Oracle, VMware, Google, Uber, and more other silicon valley tech companies. The leading developer team members are all world’s top database scientists and mathematicians.

Social Medias of V SYSTEMS

Telegram: Telegram: Contact @VSYSOfficialGroup

Bitcointalk: https://bitcointalk.org/index.php?topic=5095853.0

VSYS Talk: http://talk.v.systems

VSYS Twitter: https://twitter.com/VSYSCoin

Sunny King Twitter: https://twitter.com/sunnyking9999

Facebook: VSYS Coin - Startpagina | Facebook

Medium: V Systems – Medium

Reddit: https://www.reddit.com/r/V_SYSTEMS