Products & Ecosystem
V Marketplace
The V Systems NFT marketplace is V Systems’ 100% decentralized platform to trade, create, and list non-fungible tokens on the V Systems chain.
- Optimized the Search function for a better navigation experience
- Added a new page with the top-ranking NFT collections
- Optimized the minting functionality
- Gearing up for the V Marketplace NFT Competition
- Debugging and other adjustments
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:
- Experimenting with Atomic Rust Macros
- Added custom storage types for contracts
- Optimized contract function execution time by caching wasm modules
- Refactored and optimized node network layer
Enterprise projects
VIO tokenization platform
VIO is a tokenization platform to digitize vouchers and loyalty point programs for various industries. Last month, the VIO team worked on:
- Onboarding new e-commerce clients in the jewelry, financial, and insurance sectors
- Integrating a bridge between VIO and other V Systems’ chain-based projects
- Mini program integration into the VIO platform for extra points
- Operation portal UX/UI optimization
- Technical and design optimizations and adjustments
- Debugging
Partnerships and events
Last month, our teams traveled across South-East Asia to attend and present at several conferences and seal crucial partnerships with industry leaders.
MoU with VSure
Our platform company Coded Solution recently signed an MoU with VSure Group, one of Malaysia’s leading Fintech companies, to enhance protection solutions through innovative Insurtech and Web3 technologies.
Malaysia Digital Xceleration Summit 2024
Cyberport Delegation Mission to Vietnam and Malaysia 2024
Hong Kong Fintech Week 2024
Singapore Fintech Festival 2024
Brand and Marketing
- V Marketplace promotion preparation
- V Systems 1Q2025 marketing campaign preparation
About VKube
VKube is a Kubernetes-based container service for developers and enterprises to run containerized applications on the cloud, without installing and operating the Kubernetes control panel or worker nodes.
New Features
Merchant Side:
- Fixed issues with Access Token generation and parsing after refactoring the Lua VM, resolving problems such as abnormal Magic field parsing and generation failures.
VKube:
- Added functionality to query UserService by Label, currently in the testing phase.
- Introduced the ability to customize Wallet names.
- Added Wallet usage guidelines explaining the association between user-purchased Services and the payment wallet.
- Implemented Follow Log for real-time tracking, automatically scrolling to the latest log entry.
- Developed Service Label management and retrieval functionality.
Node Watcher Tool:
- Enabled real-time and historical block synchronization.
- Supported real-time synchronization of the latest blocks and historical blocks.
- Allowed users to select specific events (e.g., an address receiving VSYS or tokens) and send them to a designated endpoint via Webhook.
- Enhanced high availability with distributed monitoring across multiple nodes, using distributed locks to avoid duplicate block processing and Webhook sending.
Optimizations
Merchant Side:
- Optimized the Magic generation logic to improve service stability.
VKube Web Page:
- Fixed a logic error causing duplicate wallet additions after a failed login attempt.
- Added an explanation of payment fees.
- Included a V-Cloud disclaimer.
- Updated the logo on the login page.
Node Watcher Tool:
- Optimized the Priority Queue and implemented a Delay Queue, which can be applied to other business logic and supports custom sorting.
- Enhanced the use of the Delay Queue in the Webhook Dispatcher.
- Used sync.cond to optimize the high-concurrency architecture, implementing a many-to-many producer-consumer model.
- Improved the efficiency of MongoDB Bitmap’s SetMany operation by employing batch bitwise operations and transaction locks to ensure high-performance consistency.
- Integrated Bitmap SetMany into the historical synchronizer to avoid duplicate block processing and ensure consistency across nodes.
- Separated the logic for real-time synchronization and historical synchronization to facilitate development and maintenance.
- Enabled the historical synchronizer to handle any missed blocks during real-time synchronization.
- Researched and optimized the Ethereum network discovery mechanism to implement automatic expansion of backup nodes, which includes automatically supplementing nodes when the list is insufficient and performing health monitoring.
Other
VKube:
- Recorded tutorial videos for using Vcloud/VKUBE.
- Researched a solution for implementing one-click deployment via CLI tools using Docker.
Configuration:
- Designed a hosted workflow.
- Implemented the user configuration hosting feature, now in the testing and debugging phase.
Node Watcher:
- Optimized the historical synchronizer by batching the recording of synchronization history after successfully syncing historical blocks to avoid duplicate processing and operation conflicts.
Tachyon Protocol
Tachyon 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 smart contracts, the Staking 2.0 initiative as well as the VSYS team’s approach to partnerships and ecosystem building.
- Fixing Stake Failures for Some App Users
The team optimized the retry mechanism for network requests and improved the verification speed to address account verification timeouts during high concurrency. Additionally, the synchronization mechanism between nodes was strengthened to ensure data consistency across nodes. - Fixing Issues in Boost Contract
The logic errors in the allocation mechanism of the Boost contract were fixed, and the reward distribution path was optimized. Automated contract testing was enhanced, with simulations of various high-load environments to ensure stable operation of the contract in complex conditions. - Continuously Optimizing Node Network Robustness and Stability
The team introduced a dynamic routing adjustment mechanism to accommodate network fluctuations, reducing latency and packet loss. Load balancing between nodes was improved, and redundant nodes were deployed to enhance the fault tolerance of the network. - Optimizing Node Network Connectivity in Some Regions
Additional redundant nodes were deployed, network routing strategies were optimized, and dynamic bandwidth adjustment technology was introduced to ensure data was transmitted via the optimal path, reducing the impact of network fluctuations. - Investigating VPN Connectivity Issues in Certain Regions
The team developed and optimized various protocol bypass solutions, including dynamic port adjustments, encryption level upgrades, and traffic disguise techniques. Redundant nodes were deployed to ensure that VPN services could function properly in restricted network environments. - Communicating with Cloud Providers to Resolve Node Connectivity Issues
Through technical collaboration and upgraded solutions, the team alleviated bandwidth pressure during peak periods by increasing bandwidth allocation. Additionally, high-performance backup nodes were deployed to improve node stability. - Researching Protocol Connectivity Issues
The team conducted targeted research on bottlenecks in cross-region and cross-operator connections. Optimizations included improving the protocol handshake process, introducing dynamic protocol switching based on network conditions, and enhancing the protocol’s encryption and anti-interference capabilities. - Fixing Issues with UnStake for Some Users
The team optimized the verification process for UnStake requests, added a retry mechanism for network requests, and strengthened node synchronization to resolve issues with UnStake operations. - Investigating Transfer Issues for Users in Certain Regions
The team optimized node network connectivity to reduce network fluctuation issues and made improvements to the protocol to enhance compatibility and stability. These actions helped to prevent transfer failures caused by unstable network connections and protocol compatibility issues.
IPX Staking data
- Total Staking Amount: 161,120,526 IPX
- Nodes Staked: 1120
- Total Nodes on Tachyon Network: 1216
- Total Rewards Distribution: 139,043,158.1 IPX
IPX Wallet Staking
- Total Staking: 16,416,033 IPX
- Rewards: 19,139,599 IPX
IPX Staking on Node Manager
- Total Staking: 100,000 IPX
- Nodes: 5
- Rewards: 428,890 IPX
VPN App User Data
- The total number of apps exceeded 6.3 million.
Tetriverse NFT game
Tetriverse is an NFT tetris elimination game, built on the V Systems blockchain, that is officially launching on June 5.
Back- and front-end
- Management of fraudulent accounts
- Daily maintenance
Social Media
- Twitter: 2217
- Discord: 3037 (1076 Verified)
- Telegram: 675
- Telegram 中文: 115
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
