Weekly Report 2019 September #1

In this weekly report (1st Week of September 2019): V SYSTEMS announced new trading pair on KuCoin. VSYS has partnered with Xangle to bring transparency to the blockchain community. Please read the full report below.

1. VSYS Blockchain Development

Smart Contract Development

The code for the first version of VSYS Smart Contracts has been merged into the master branch. Euclid is ready to go live, and smart contracts will soon be supported on the main chain. The block height for smart contract support is currently set at 6,100,000; the block height of the main chain is 6,033,040 at the time of writing.

The initial version of smart contracts starting from the 6,100,000th block will include some low level functions that will allow users to create their own tokens and define its uses. There is however, a lot more functions in the design process. Once discussions have been concluded, new features will be announced in the near future.

Wallet Development

Token features will soon be supported on the web wallet, users will be able to easily manage all tokens they own, and even directly create new tokens or issue existing ones from the web wallet. Other fixes to known issues have been fixed and will be implemented upon the next release.

Website Update

Our supernode website has been updated to more clearly reflect supernodes that are full. Each supernode has their own reward system and has defined their own capacity. If a supernode is shown as full, it means that any new leases to the supernode will not be considered when lease rewards are given.

2. Global Community

Partnership with Xangle

V SYSTEMS has partnered with Xangle, a South Korea-based crypto asset disclosure platform. The increasing support from Korea proved that corporations and financial institutions have endeavored to blockchain adoption and we believe it is our responsibility to build a more connected and trusted blockchain platform by bringing them transparency. Read here for more details.

Soft Staking Program on KuCoin

VSYS coin holders can enjoy the Soft Staking service on KuCoin exchange platform starting from August 28 where users are able to gain and maximise their benefits freely. Click through here to learn more and happy staking!

CoinMarketCap Global Conference 2019

V SYSTEMS Chief Architect Sunny King and the founder of CoinMarketCap Brandon Chez will be speaking at the ‘The Capital’ CoinMarketCap Global Conference on November 12–13 in Singapore at Victoria Theatre! Come join us and witness this historical moment together, for registration please click here .

3. Supernode

OKEx Pool

OKEx Pool, the No.1 EOS block producer, has joined us as one of the 15 supernodes on the V SYSTEMS Mainnet. If you are a VSYS Coin holder, don’t forget to lease your VSYS Coins to a selected supernode and earn your minting rewards. View the Supernode Ranklist for more details and happy minting.

3. Market Overview

Exchange Updates

VSYS/USDT trading pair is now available on KuCoin

We are pleased to announce the launch of VSYS/USDT trading pair on KuCoin! To celebrate the listing, KuCoin and V SYSTEMS have organized the VSYS Summer Carnival to give away 108,000 VSYS to qualified users on KuCoin. The campaign will run from 18:00 on September 5, 2019, to 18:00 on September 12, 2019 (UTC +8). Don’t miss the opportunity and take action now by following us on Twitter and Youtube, and retweet our twitter post! Click through to learn more and good luck !

Market Cap

VSYS has remained at #30 on CoinMarketCap , with a market cap of US$270 million.

Staking Rewards

This week, VSYS has remained at #9 on stakingrewards.com . With a total staking value of approximately US$15.2 billion and an overall StakingRewards Score of 88%, V SYSTEMS has maintained 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!

Stay Connected

Follow us on Twitter , Medium and YouTube to stay up-to-date with our latest announcements. Join our official VSYS Telegram group , Reddit and bitcointalk to participate in discussions with the VSYS team and our community. If you are a developer, you can also connect with our developers around the world in the VSYS GitHub Community .

Other Useful Links

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

Supernode Ranklist: https://vsysrate.com/

VSYS Blockchain Explorer: https://explorer.v.systems/