Monthly Digest — March 2021

V Systems’ Highlights for March

The V Swap contract and the V Option contract and the V Stable Swap contract are currently undergoing review and unit testing, and these contracts will be subject to internal testing on the development network in the future.

V Web Wallet v0.2.8 has been released.The new version adds more explanations for executing contracts and fixes some known issues.

V-Cloud has completed the development of major product-related functions and has entered the deployment test phase.

Engineering Updates

Talk with VSYS dev team series — #1 What is xLumi

Talk with VSYS dev team series — #2 xLumi’s goal

Talk with VSYS dev team series — #3 What is Use Case of xLumi

Mainnet Development

There are several contract templates currently being worked on, all of which are in different stages of development.

Current contract templates that have been reviewed and unit tested are:

V Swap Contract — which allows users to create AMM pools

V Option Contract — which allows users to issue call and put options of tokens

V Stable Swap Contract — a contract that borrows ideas from the traditional order book model for trading

All of these contracts will undergo dev-network testing next.

Current contract templates under development:

Other versions of the token contract are being created, one that allows certain addresses to be blacklisted from sending tokens, and one that only allows whitelisted addresses to use the token.

The same usages for the NFT contract are also being created.

A V escrow contract is being developed. The V escrow contract allows a trusted third party to facilitate a transaction whereby the contract holds custody of the tokens until the trusted third party judges that the job has been satisfactorily completed.

Utility Development

V web wallet v0.2.8 has be released. The new version adds more explanations of executing contract’s function, enhance balance display, sets custom node feature, and fixes some known issues.

V-Cloud developed the following three main product-related functions and enter test stage:

1. Platform general token refund function

2. Bandwidth resource limit of container service

3. The NFT version of Token Explorer

JavaScript SDK is add more interface and method, including data convert and data query. For detail, please visit https://github.com/virtualeconomy/js-v-sdk/wiki/Some-methods-of-data-convert-and-query

Ecosystem Updates

NFC315

NFC315 anti-counterfeiting tracking platform is under continuous development.

1. NFC315 anti-counterfeiting traceability platform (standalone deployment version): 100%

2. NFC315 anti-counterfeiting traceability platform (SAAS version): 30%

NFT Octopus

Octopus is working on its NFT card design as well as back-end development work on the game.

1.Staking and Yield farming functions have been developed

2.The card casting function has been developed

3.Card transaction function under development

4.Leaderboard function under development

5.The project is undergoing final internal testing

6.The project code is undergoing internal and external audits

Tachyon Protocol

Ad module are been reviewed, Tachyon VPN v2.7 for iOS & v2.7.2 for Android have been updated and launched., you can update it on Apple store and Google play.

In the new version, we are heading into the 2nd part of our payment channel -the ads system. The performance of the ads system will offer useful data to help improve the design of the payment channel before fully integration.

Goldzip

The project is still in preparation and development, waiting for the partner’s official plan to announce the launch time.

Blockdesk

This project is preparing for the launch event. Follow the Twitter: https://twitter.com/Block_Desk

VSYS Artisan

The project is based on tens of thousands of GH/s PoW hash rate power network, wrapping the hash power to become token on VSYS and connecting to VSYS DeFi ecosystem.

VSYS Artisan is preparing to contend supernode, and developing mining tools to dual mining with ETH and VSYS, also the team is designing and developing the DeFi token.

Supernode Community Updates

Over 2 billion VSYS have been actively staking on the V Systems network. According to Stakingrewards.com, 31.46% of VSYS tokens have been staked on the blockchain with an annual yield of 12.49%. The total amount of VSYS engaged in staking: 1,825,389,842

Stay Connected

Twitter: https://twitter.com/VSYSCoin
Telegram:https://t.me/VSYSOfficialGroup
Medium:https://medium.com/vsystems
YouTube: https://www.youtube.com/channel/UC3tnJX2dztNKh2yJxFVSDAw
Reddit:https://www.reddit.com/r/V_SYSTEMS/
Github: https://github.com/virtualeconomy/v-systems

Links for VSYS coin

Coinmarketcap: https://coinmarketcap.com/currencies/v-systems/
Coingecko: https://www.coingecko.com/en/coins/v-systems

Other Useful Links

VSYS Official Website: https://www.v.systems
Supernode Ranklist: https://vsysrate.com/
VSYS Blockchain Explorer: https://explorer.v.systems/