V Systems Monthly Digest — May 2025
Updates on the V Systems’ tech stack, dApps, and enterprise projects
Tech & Ecosystem
L2 & Contract Updates
In May, we shared some of our most significant updates to date: a strategic shift toward interoperability, major Layer 2 contract upgrades, and continued improvements to our decentralized marketplace on the V Systems chain. Together, these developments are setting the stage for the next phase of growth — one focused on cross-chain connectivity, developer empowerment, and user-first design.
V Systems is making a deliberate pivot: from being a stand-alone chain to becoming a cross-chain hub — designed to connect seamlessly with other networks and remove barriers for developers and users alike.
At the center of this shift are our upcoming Layer 2 bridge contracts, which will enable efficient, scalable interoperability across multiple blockchains. These upgrades are not just technical — they’re foundational. They lay the groundwork for a faster, more open, and more connected network.
These bridges will support two main modes:
- Targeted Bridges: Connect directly to a specific chain (e.g., V Systems ↔ Ethereum)
- Multi-Chain Bridges: Enable transactions across multiple ecosystems
This architecture is designed to be modular, efficient, and network-agnostic, giving developers and users maximum flexibility when building or transacting on V Systems.
Alongside our bridge work, we’re rolling out major updates to our decentralized NFT marketplace — focused on usability, decentralization, and transparency.
We’ve simplified the Atomic Swap process to make peer-to-peer NFT transactions faster and more user-friendly:
- Sellers deposit NFTs and list them.
- Buyers deposit tokens and initiate the purchase.
- Done. No further coordination needed.
Both the bridge contracts and marketplace upgrades are currently in active testing. We’re targeting a public release between July and August 2025.
Read more ⬇️
Tech — VGraph
VGraph is the result of V Systems’ exploration of next-generation solutions to improve the current V Systems network and boost its technical capabilities. The VGraph team has been recently focusing on:
Events & News
Coded Solution named one of Asia’s key innovators at Money 20/20
Recently, our team for enterprise blockchain, Coded Solution, showcased our fintech solutions for organizations and businesses at Money 20/20 in Bangkok, Thailand!
On this occasion, our team at Coded Solution was thrilled to be named among the six standout companies driving innovation in Asia’s financial landscape. This recognition underscores our commitment to delivering cutting-edge solutions that empower businesses and individuals across the region.
Named alongside industry leaders like OmniWave Fintech, Riverchain, Papaya, Giraffe AI Labs, and Payd, we’re proud to be part of this distinguished group — it fuels our drive to keep pushing the boundaries of what’s possible in fintech.
iSafety Magazine Partnership Announcement
JAKARTA & HONG KONG, 14 MAY 2025 — Coded Solution, V Systems’ partner company for enterprise blockchain, is pleased to announce a strategic partnership with PT Bestintek Internos Global and its flagship platform, iSafety Magazine — Indonesia’s premier source for occupational Safety, Health, and Environment (SHE) communications. This collaboration aims to promote the adoption of Coded Solution’s Web3 platform for digital vouchers — VIO — across the Indonesian market.
The partnership builds on a Memorandum of Understanding (MoU) signed between Coded Solution and PT Bestintek Internos Global in January 2025, during the Indovation Delegation visit to Indonesia. The delegation, organized by the Hong Kong Information Technology Joint Council and supported by Cyberport, Hong Kong Science & Technology Parks Corporation, and Indonesia Chamber of Commerce in Hong Kong, highlighted Hong Kong’s role as a global innovation hub and reinforced its commitment to fostering cross-border collaboration.
Together, Coded Solution and PT Bestintek Internos Global aim to accelerate digital transformation across industries such as healthcare, food & beverage, and travel, through cutting-edge, blockchain-based supply chain finance solutions. The collaboration will also feature a series of co-branded events and campaigns designed to increase awareness and drive adoption of the VIO platform’s robust capabilities.
Enterprise projects
VIO tokenization platform
We are looking for Malaysian users to join our VIO Pilot Program!
VIO is a tokenization platform to digitize vouchers and loyalty point programs for a variety of industries. VIO is designed and developed by Coded Solution, V Systems’ partner company for enterprise blockchain.
What is this Pilot about?
TET and VSYS token holders based in Malaysia can swap their tokens for VIO tokens. VIO tokens are the native token of the VIO app, where users will be able to purchase digital vouchers across a variety of restaurants, stores, and activities.
Interested? Contact us!
Email: support@codedsolution.xyz
Brand and Marketing
V Hackathon has ended!
Many thanks to those who joined the V Hackathon!
The winners will be announced on 16 June.
The V Hackathon was launched in collaboration with Gamedev.js, a developers community since 2012.
About VKube
VKube is a Kubernetes-based container service that allows developers and enterprises to run containerized applications on the cloud without installing and operating the Kubernetes control panel or worker nodes.
New Features & Optimizations
- Added path validation for ConfigMap during deployment.
- Replaced the logger for the Merchant backend.
- Optimized Docker Hub image push latency (VKube-CLI).
- Added support for the subdomain feature (VKube-CLI).
- Deployed the Solana node on a new server and investigated OOM (Out of Memory) issues to support 256GB memory requirements.
- Implemented a Delay Queue using v-node-watcher-Redis, enhancing high availability and load distribution across multiple watcher nodes. Added an interface for deploy queue, which supports switching between Redis and in-memory delay queues.
- Added the Log Host service template on the merchant side and wrote the corresponding Lua scripts for generating access tokens and cleaning up resources upon expiration.
- Optimized the Merchant service template update logic and fixed a bug that caused data loss during updates.
- VKube web frontend — Refactored the payment order interface.
- VKube web frontend — Refactored the renew order interface.
- Updated unit tests for previous Worker and Concurrent Queue implementations (v-node-watcher). When shutting down the backend, it now cleans up Redis queue resources and resolves blocking issues during shutdown of Worker and Concurrent Queue.
- v-node-watcher now supports monitoring nodes across multiple VSYS networks concurrently, allowing users to subscribe to events from different chains. Currently refactoring block synchronizer, node health checker, node discovery, bitmap management, and related database schema.
- [v-kube-service] Configured Prometheus Rule and ServiceMonitor resources to regularly collect Loki metrics. It now monitors the log ingestion volume per tenant. Alert rules in AlertManager notify the backend when a tenant exceeds its resource unit limit. In such cases, VKube stops log ingestion for the corresponding Pod and updates service dependency relationships.
- vkube-cli now supports deploying services using locally built images. According to the VKubefile configuration, it uses the specified registry address and account tag for the image, pushes it to the registry, and then triggers the deploy request.
- [vkube-cli] Optimized the build logic so that when multiple containers use the same image, only one build configuration needs to be specified in the VKubefile, avoiding redundant build and push steps. It compares image digests to determine whether pushing to the remote registry is necessary.
- To facilitate testing, v-kube-service now supports dynamic modification of Log Host resource unit limits via configuration files and fixes parsing issues in the alert webhook for resource usage.
- Updated the YouTube user guide video covering subdomain and injection features.
Upcoming
- Researching how to integrate SSH and TTYD installation into the user’s Dockerfile during the image build phase (VKube-CLI).
- Researching and developing ETH and Solana-based payment systems for use in VKube.
- Developing a VKubefile generator web tool to help users easily create VKubefiles for use with VKube-CLI.
- Designing the next-generation Log Host service architecture, including APIs for users to manage their log storage quotas (v-kube-service).
- Researching log retention policies to periodically clean up expired log data (v-kube-service).
- Designing the architecture for the load balancer implementation (v-kube-service).
Tachyon Protocol
Protocol is a decentralized Internet protocol that aims to bring new levels of user privacy, security, speed, and freedom to today’s Internet. Its first product will be a decentralized VPN. Moving on, Tachyon is going to be a page platform for many types of services.
Tachyon chose V Systems for its well-designed consensus mechanism — SPoS, the capabilities of Euclid contracts, the Staking 2.0 initiative as well as the VSYS team’s approach to partnerships and ecosystem building.
- Resolved issues where some users were unable to Stake by optimizing the frontend transaction state caching mechanism. Additionally, optimized the Stake contract by merging redundant state update processes to reduce gas consumption and enhance contract robustness and user-friendliness.
- Addressed optimization issues raised by some operators regarding machine usage, specifically focusing on high server resource utilization and fluctuations in task handling. Optimized the node task distribution and resource invocation logic, and implemented a hierarchical resource scheduling strategy.
- Conducted discussions on node requirements proposed by operators, focusing on node performance, compliance monitoring, log collection, and security strategies. Evaluated feasible integration solutions to improve the platform’s external collaboration capability.
- Addressed connection issues experienced by some member users by optimizing the client-side connection retry and fallback path mechanisms. Enabled multi-path access logic on the node side to improve connection success rate and stability in complex network environments.
- Resolved issues preventing some addresses from claiming rewards by introducing address state rollback and data repair mechanisms. Also enhanced the frontend with a pre-check process before Claim actions to improve system stability and data integrity in edge cases.
- Optimized network issues in specific regions by deploying auxiliary nodes in problematic areas and adjusting link priority settings. Enhanced the protocol-level handshake and heartbeat mechanisms to improve connection stability in weak network conditions.
IPX Staking data
- Total Staking Amount: 157,732,050 IPX
- Nodes Staked: 1096
- Total Nodes on Tachyon Network: 1189
- Total Rewards Distribution: 154,254,877.2 IPX
IPX Wallet Staking
- Total Staking: 13,602,628 IPX
- Rewards: 21,556,731 IPX
IPX Staking on Node Manager
- Total Staking: 100,000 IPX
- Nodes: 5
- Rewards: 478,890 IPX
VPN App User Data
- The total number of apps exceeded 6.4 million.
About V Systems
V Systems (VSYS) is an open-source network that supports the efficient and agile development of decentralized applications. It is designed for real-world use cases, making it possible to create, send, trade, and track tangible or intangible assets in a digital form. VSYS can handle millions of transactions daily and it runs on a decentralized, open network.
Stay connected
Twitter @ VSYSCoin
Telegram @ VSYS Official Group
Medium @ V Systems
YouTube @ V Systems
Reddit @ V_SYSTEMS
Github @ V Systems
Cross-chain swap for VSYS tokens
Swap VSYS-TET tokens with Titan Wallet
V Atomic Swap for USDT-VSYS
Other useful links
VSYS Official Website
Supernode Ranklist
VSYS Blockchain Explorer
Coinmarketcap
Coingecko
