Weekly Report 2019 September #4


In this weekly report (4th Week of September 2019): V SYSTEMS and X-VPN co-launched Tachyon , a decentralized internet protocol built on the VSYS blockchain. SesameOpen announced partnership with V SYSTEMS to drive Commerce 3.0. Please read the full report below.

1. VSYS Blockchain Development

Mainnet Development

VSYS ver 0.2.2 has been released, which includes refactoring and cleaning up unused code, updating API with new functions and switch to the latest version of Swagger. The details can be found at https://github.com/virtualeconomy/v-systems/releases/tag/v0.2.2

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

Smart Contract Development

The initial version of smart contracts starting from the 6,100,000th block include some basic level functions that will allow users to create their own tokens and define its uses. Research is currently being conducted for new smart contract features, once discussions and research has been properly drawn conclusions, new features will be announced in the near future.

A tool for easy smart contract deployment is currently being developed for public usage.

Wallet Development

The web wallet and mobile wallet app recently got updated to allow users to easily create their own tokens, they are now currently being refactored to improve user friendliness of existing and new functions.

2. Global Community Updates

V SYSTEMS and X-VPN Co-Launch the First Project in the VSYS Ecosystem

The first application to be built in the VSYS ecosystem is coming! Tachyon is a decentralized internet protocol co-launched by V SYSTEMS and X-VPN that empowers the blockchain infrastructure for DeFi development.

Together with Tachyon, we share the same view to create a borderless internet to ensure user privacy, security and advanced network performance. Read the full article here.


Tachyon White Paper

Tachyon also released its white paper today. This blockchain-based protocol aims to build a faster, safer and more reliable internet by revamping the TCP/IP model, which has been used as the foundation of internet for 36 years. Click here to get the full White Paper.

V SYSTEMS and SesameOpen Partner to Drive Commerce 3.0

V SYSTEMS is happy to announce our partnership with SesameOpen, which is a middle-layer protocol that is developed on top of blockchain layer protocols and acts as the infrastructure for Commerce 3.0. We will work together to drive the success of Commerce 3.0. Click through to learn more .


The Capital by CoinMarketCap

V SYSTEMS is glad to be the Diamond Sponsor of the Capital by CoinMarketCap happening on November 12–13 in Singapore. Our Chief Architect Sunny King will also be speaking at the conference with Brandon Chez, the founder of CoinMarketCap. We look forward to seeing you, please click here for registration .

3. Supernode

VSYS Community Meetup by HelloVSYS

Our supernode HelloVSYS hosted a community meetup in Shenzhen, China on 21 September to give an introduction on V SYSTEMS and explain the benefits of the VSYS platform along with its great potential at staking and DApp development. Our friends at HelloVSYS lined up an impressive roster of speakers including top EOS block producer and blockchain veterans. More than 100 participants attended the events with very positive feedback from the community. Thank you everyone for coming — together we build a greater VSYS community!


  1. Market Overview
    Market Cap
    VSYS is now ranked at #37 on CoinMarketCap, with a market cap of over US$149 million.

4. Market Overview

Market Cap

VSYS is now ranked at #37 on CoinMarketCap , with a market cap of over US$149 million.


Staking Rewards

This week, VSYS has remained at #9 on stakingrewards.com . With a total staking value of approximately US$1.47 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

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

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