Vite

DPOS와 DAG기반의 블록체인 플랫폼

home link https://www.vite.org/

reference material

Community

Exchanges that listed the coin
4
Symbol
VITE
Dapp
To be released
Project introduction

Vite는 프랑스어로 '빠르다.'라는 의미를 갖고 있습니다. 스마트 계약 기능을 갖춘 최초의 DAG+DPOS 기반의 퍼블릭 체인으로 원 클릭 토큰 발행 및 스마트 컨트랙트 기능을 제공합니다. 바이트는 높은 처리율과 낮은 지연성 그리고 확장성을 위한 산업 어플리케이션의 요건을 만족시키는, 그리고 동시에 보안 문제를 고려한 플랫폼입니다.

Executives and partners

Charles Liu

CEO

Richard Yan

COO

Frank Deng

Director of Vite Foundation

Bitmain

OK Blockchain Capital

Latest News

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Medium

Vite Biweekly Report

May 1–15, 2021Project UpdatesAndroid Vite App Updates Coming SoonThe latest Android version of the Vite App is under development and set to release soon. Here are all the updates:Users can see the name of their current chain when they withdraw cross-chain to prevent users from sending crypto to the wrong chain and losing their assets.Node-switching is also added in this version, allowing users to add and use their own node links on the settings page.We also polished all the content language, revised asset calculation logic, and cleaned any current bugs.The ViteX gateway has been optimized where the user’s token address will be updated. Here we remind users to confirm their address when exchanging crypto.Vite Community Adding More Language Support to ViteXIn our last biweekly report, we shared an update about the addition of Russian and Turkish to ViteX. We are happy to share that our community is also working on translating ViteX into three more languages, bringing our total to five languages. Find out which ones in the Tweet below.body[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;} — @vitexexchangefunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height);resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}REMINDER: Community Development Task — VitePayVite’s public chain facilitates fast transactions with zero fees and is naturally well suited for payments. We want a more robust interface for VITE checkouts that e-commerce platforms can readily adopt — and we are inviting community developers to build it. Learn more about how you can participate and receive a bounty of 1500 USDT or equivalent amount in VITE for your efforts here.We’re Hiring!Vite is hiring for the following roles:Blockchain Development EngineerFront-end Web DeveloperJava DeveloperFull-stack EngineerJunior Operations AnalystNew Video Biweekly Report: #ViteBiweekly, Welcome Vite Brand Ambassador Soraya TorrensOur Biweekly Reports are getting longer and to serve as a complement to our action-packed reports, we are adding a new #ViteBiweekly which you can always view at Vite Labs Official YouTube Channel.https://medium.com/media/3880e846c957aa07fd865ea1c2505851/hrefWe also want to welcome our newest Vite Brand Ambassador Soraya Torrens to the team. Check out her video from our early April report above and make sure you like and subscribe to our channel for more of Soraya.Key ActivitiesNew Partnership Announcement: Vite x HarmonyWe are excited to announce that Vite Labs and Harmony are deepening our partnership to bring cross-chain solutions to a whole new level!Since the inception of our partnership with Harmony, both of our communities have seen tremendous growth. We are both dedicated to developing cross-chain solutions and fostering collaboration among different blockchains. With a shared vision, it is a natural progression for us two projects to continue down the path we have started. Click here to learn more about this partnership.“ONE” Week Market Making As Mining Rewards with HarmonyTo mark our new partnership, a weeklong special event was held for users to receive 10X market-making as mining rewards for trading pair ONE/BTC on ViteX! The campaign ran from 15:00 (UTC+8) May 8, 2021, through 15:00 (UTC+8) May 15, 2021. Head to this link for more details.#ViteFleet YouTube CampaignAttention, ViteFleet on YouTube! To support our ecosystem on YouTube and educate newbies about VITE, VX, and ViteX, Vite Labs is launching a Community YouTube Stars Campaign to reward active and creative community members for their participation and contribution to Vite!Starting May 7, 2021, we will select three members each week as the winners of this campaign. Each winner will be rewarded between 100–500 VITE based on video quality, the number of views, and channel size. Learn about how to qualify here, and we hope to see your videos soon.“Vite vs.” Infographic Design CampaignVite Labs is inviting you to design an infographic poster highlighting the key differences between Vite and various popular blockchain networks. We are giving out 600VITE to the winner, 450VITE to the runner-up, and 300VITE to the third place. Learn more about the rule and how to participate here.New Listing: Alchemist CoinOn Thursday, May 13, ViteX listed MIST on our exchange. Deposits and Withdrawals of MIST started at 15:00 (UTC+8) May 13, and trading of MIST/USDT started at 15:00 (UTC+8) May 14. Read more here.Campaign for Korean Speaking Community MembersOn May 6th, Vite launched a campaign for our Korean-speaking community. Interested in learning more? Check out more in the Tweet below.body[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;} — @vitelabsfunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height);resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}InfStones Joins Vite As Snapshot Block ProducerNode service provider InfStones recently joined Vite as a Snapshot Block Producer (SBP). Learn more about this connection here.Community Contributions and ShoutoutsCongrats to all #EarnWithVite WinnersCongratulations to our recent winners for your incredible #EarnWithVite posts! Check out the below Tweets and posts from our winners.body[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;} — @vitelabsfunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height);resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}body[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;} — @vitelabsfunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height);resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}body[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;} — @vitelabsfunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height);resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}Nano Enthusiasts Now Running Vite SBPCongratulations to several Nano enthusiasts now running a Vite SBP. Their SBP is aptly titled “ViNo”. The rewards will be shared with the Vite/Nano community. Let’s raise our glass and give our cheers to the team in the below Tweet!body[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;} — @nanogateorgfunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height);resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}Vite and VX DataOfficial: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchKorean Kakao Community: https://open.kakao.com/o/gWp9av5cReddit: https://www.reddit.com/r/vitelabs/Discord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enVite Biweekly Report was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

21. 05. 16

Vite vs.

An infographic design campaignVite Fleet! Have you ever had the feeling that someone close to you knows you better than yourself? Well, that’s how we feel about you! We also know that you are quite knowledgeable about other popular blockchain networks as well as how Vite measures up against them. That’s why we are excited to start a brand new campaign to capture your knowledge and creativity — the “Vite vs.” infographic design campaign.In this campaign, we are inviting you to design an infographic poster highlighting the key differences between Vite and various popular blockchain networks.Here are the guidelines for the campaign.Timeline: May 13 — May 27, 2021Rules:Participants can choose any mainnet blockchain networks to be included in the infographic. The minimum amount of networks is 4 (excluding Vite). The minimum selections of criteria for comparison is 5.Participants can freely design the infographic. Colors, chart or table, etc.. You are only limited by your own imagination.To join the campaign, the participants should post the infographic on BOTH Vite Forum AND our Reddit Page.Each submission should also be tweeted by the participant and tag our official twitter account (@vitelabs). Please include your infographic in your tweet as well. Quality submissions will get RT from the official accounts.Each submission should use the hashtag #ViteAdvantage.The participants must also follow Vite Labs, Vite Exchange, and official project team members on twitter (@vitelabs, @vitexexchange, @chunming_liu, @gentso09 , @ouivitejoel).All posts will be DILIGENTLY graded and judged by the quality of the content and design.Rewards:Winner — 600 VITERunner-up — 450 VITEThird place — 300 VITEAll rights reserved by Vite Labs.Official: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchKorean Kakao Community: https://open.kakao.com/o/gWp9av5cReddit: https://www.reddit.com/r/vitelabs/Discord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enVite vs. was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

21. 05. 13

ViteFleet YouTube Campaign

Attention, ViteFleet on YouTube! To support our ecosystem on YouTube and educate newbies about VITE, VX, and ViteX, Vite Labs is launching a Community YouTube Stars Campaign to reward active and creative community members for their participation and contribution to Vite!Starting May 7, 2021, we will select three members each week as the winners of this campaign. Each winner will be rewarded between 100–500 VITE based on video quality, number of views, and channel size.To qualify for a chance to win you must:Follow Vite Labs, Vite Exchange, and official project team members on twitter (@vitelabs, @vitexexchange, @chunming_liu, @gentso09)Subscribe to our Official YouTube Channel.Create an educational video about Vite on YouTube.Share your video on Twitter and/or Reddit with the hashtag #ViteYoutubeFleet.Please note:Each week we will select only three community Youtube stars.Each winner will be rewarded only once. Non-winners can participate in as many rounds as they like.All campaign submissions must include the hashtag: #ViteYoutubeFleet.Winners will be announced via @ViteLabs on Twitter and will be asked to DM us their VITE address.Videos can be in the following languages: English, Russian, Arabic, Chinese, Vietnamese, Philippines, Turkish, Korean, and Japanese.Vite Labs reserves all rights to the process and final selections for this contest.انتباه ! لدعم نظامنا البيئي على يوتيوب وتثقيف المبتدئين حولVITE و VX و ViteX، تطلق حملة مجتمع نجوم اليوتيوب لمكافأة أعضاء المجتمع النشطين والمبدعين على مشاركتهم ومساهمتهماعتبارًا من 7 مايو 2021 ، سنختار ثلاثة أعضاء كل أسبوع كفائزين في هذه الحملة. سيكافأ كل فائز بما بين 100-فيت 500 فيت بناءً على جودة الفيديو وعدد المشاهدات وحجم القناة.للتأهل للحصول على فرصة للفوز ، يجب عليك:متابعة للحسابات الرسمية على تويتر@vitelabs @vitexexchange @chunming_liu @gentso09 . @vite_labsArabicإنشاء فيديو تعليمي على موقع يوتيوب.Vite Labs Official Channel الاشتراك في القناة الرسمية على يوتيوبشارك الفيديو الخاص بك علىTwitter و / أو Redditباستخدام علامة هاشتاغ #ViteYoutubeFleet.يرجى الملاحظة:سنختار كل أسبوع ثلاثة نجوم .سيكافأ كل فائز مرة واحدة فقط. يمكن لغير الفائزين المشاركة في العديد من الجولات كما يحلو لهم حتى يفوزوا.يجب أن تتضمن جميع عمليات إرسال الحملة علامة الهاشتاغ: #ViteYoutubeFleet.سيتم الإعلان عن الفائزين عبر توتير وسيُطلب منهم إرسال عنوان الخاص بهم برسالة خاصة.يمكن أن تكون مقاطع الفيديو باللغات التالية: الإنجليزية والروسية والعربية والصينية والفيتنامية والفلبين والتركية والكورية واليابانية.تحتفظ بجميع حقوق العملية والاختيارات النهائية لهذه المسابقة.YouTubeのViteFleetにご注目ください!YouTube上のエコシステムをサポートし、VITE、VX、ViteXについて初心者を教育するために、Vite LabsはコミュニティYouTubeスターキャンペーンを開始し、アクティブでクリエイティブなコミュニティメンバーのViteへの参加と貢献に対して報酬を贈ります!2021年5月7日より、毎週3名のメンバーを本キャンペーンの勝者として選出します。各受賞者には、動画の質、再生回数、チャンネルの規模に応じて、100–500 VITEの報酬が贈られます。受賞のチャンスを得るためには、以下の条件を満たす必要があります。Twitterで @vitelabs, @vitexexchange, @chunming_liu, @gentso09 をフォローしていること公式チャンネルを登録していること: Vite Labs Official ChannelYouTubeで教育用の動画を作成することハッシュタグ #ViteYoutubeFleet を付けて、Twitter および/または Reddit で動画を共有すること注意事項:毎週、3名のコミュニティYoutubeスターを選出します各受賞者は一度だけ報酬を得ることができます。受賞者以外の方は、受賞するまで何度でも参加することができますすべてのキャンペーン投稿にはハッシュタグ #ViteYoutubeFleet を含める必要があります受賞者は Twitterの @ViteLabs から発表され、VITEアドレスをDMでお知らせいただきます対象の言語は次の通りです。英語、ロシア語、アラビア語、中国語、ベトナム語、フィリピン語、トルコ語、韓国語、スペイン語、ドイツ語、日本語Vite Labsは、このコンテストのプロセスと最終選考に関するすべての権利を有します。Chú ý, ViteFleet trên YouTube!Để hỗ trợ hệ sinh thái của chúng tôi trên YouTube và giáo dục người mới về VITE, VX và ViteX, Vite Labs đang phát động Chiến dịch cộng đồng Ngôi sao trên YouTube để trao thưởng cho các thành viên cộng đồng năng động và sáng tạo vì họ đã tham gia và đóng góp cho Vite!Bắt đầu từ ngày 7 tháng 5 năm 2021, chúng tôi sẽ chọn ba thành viên mỗi tuần làm người chiến thắng trong chiến dịch này. Mỗi người chiến thắng sẽ được thưởng từ 100–500 VITE dựa trên chất lượng video, số lượt xem và độ lớn của kênh.Để đủ điều kiện cho cơ hội giành chiến thắng, bạn phải:Theo dõi @vitelabs, @vitexexchange, @chunming_liu và @ gentso09 trên Twitter.Đăng ký:Kênh chính thức của Vite LabsTạo video giáo dục trên YouTube.Chia sẻ video của bạn trên Twitter và / hoặc Reddit với hashtag #ViteYoutubeFleet.Xin lưu ý:Mỗi tuần, chúng tôi sẽ chỉ chọn ba ngôi sao cộng đồng trên Youtube.Mỗi người chiến thắng chỉ được thưởng một lần. Những người không trúng thưởng có thể tham gia bao nhiêu vòng tùy thích cho đến khi thắng cuộc.Tất cả các chiến dịch gửi phải có hashtag #ViteYoutubeFleet.Người thắng cuộc sẽ được thông báo qua @ViteLabs trên Twitter và sẽ được yêu cầu gửi tin nhắn trực tiếp cho chúng tôi địa chỉ VITE nhận thưởng.Video có thể bằng các ngôn ngữ sau: tiếng Anh, Nga, Ả Rập, Trung Quốc, Việt Nam, Philippines, Thổ Nhĩ Kỳ, Hàn Quốc, Tây Ban Nha, Đức và Nhật Bản.Vite Labs bảo lưu mọi quyền đối với quy trình và lựa chọn cuối cùng cho cuộc thi này.Atensyon, ViteFleet sa YouTube! Upang suportahan ang aming ecosystem sa YouTube at turuan ang mga bago tungkol sa VITE, VX, at ViteX, maglulunsad ang Vite Labs ng isang Kampanya sa YouTube Stars para bigyan ng gantimpala ang mga aktibo at malikhaing miyembro ng komunidad para sa kanilang pakikilahok at kontribusyon sa Vite!Simula sa Mayo 7, 2021, pipili kami ng tatlong miyembro bawat linggo bilang mga nagwagi sa kampanyang ito.Ang bawat nagwagi ay gagantimpalaan sa pagitan ng 100–500 VITE batay sa kalidad ng video, bilang ng mga panonood, at laki ng channel.Upang maging karapat-dapat para sa isang pagkakataong manalo dapat mong:I-Follow ang @vitelabs, @vitexexchange, @chunming_liu, at @ gentso09 sa Twitter.Mag-subscribe sa:Opisyal na Channel ng Vite LabsLumikha ng isang pang-edukasyon na video sa YouTube.Ibahagi ang iyong video sa Twitter at / o Reddit na may hashtag na #ViteYoutubeFleet.Pakitandaan:Sa bawat linggo pipiliin lamang namin ang tatlong mga Star sa Youtube ng komunidad.Ang bawat nagwagi ay gagantimpalaan ng isang beses lamang. Ang mga hindi nanalo ay maaaring lumahok sa mga susunod na pag-ikot hangga’t gusto nila at hanggang sa manalo sila.Ang lahat ng mga pagsusumite ng kampanya ay dapat na may kasamang hashtag: #ViteYoutubeFleet.Ang mga nanalo ay ipahayag sa pamamagitan ng @ViteLabs sa Twitter at hihilingin sa amin na I-DM sa amin ang kanilang VITE address.Ang mga video ay maaaring nasa mga sumusunod na wika: English, Russian, Arabe, Chinese, Vietnamese, Philippines, Turkish, Korea, at Japanese.Inilalaan ng Vite Labs ang lahat ng mga karapatan sa proseso at pangwakas na mga pagpipilian para sa patimpalak na ito.Dikkat dikkat, ViteFleet YouTube’da! Yeni kullanıcıları VITE, VX ve ViteX hakkında bilgilendirmek ve ekosistemimizi YouTube’da desteklemek için; Vite Labs, YouTube Yıldız Kampanyasını başlatıyor. Aktif ve yaratıcı topluluk üyeleri, VITE’e sağladıkları katılımları ve destekleri doğrultusunda ödüllendirileceklerdir!7 Mayıs 2021'den itibaren her hafta 3 kazanan seçeceğiz. Her kazanan; video kalitesine, izlenme sayısına ve kanal büyüklüğüne göre 100 ila 500 VITE arasında ödüllendirilecektir.Kazanma şansı yakalayabilmek için yapılması gerekenler:Twitter’da @vitelabs, @vitexexchange, @chunming_liu ve @gentso09 hesaplarını takip edin.Resmi Vite Labs Kanalına katılın.YouTube’da öğretici bir video oluşturun.Video’nu Twitter ve/veya Reddit’de #ViteYoutubeFleet hashtag’i ile paylaşın.Lütfen unutmayın:Her hafta yalnızca üç YouTube topluluk yıldızı seçeceğiz.Her kazanan yalnızca bir defa ödüllendirilecektir. Kazanamayanlar, kazanana kadar istedikleri ve katılabildikleri her tura katılabilirler.Tüm kampanya katılımları #ViteYoutubeFleet hashtag’ini içermelidir.Kazananlar Twitter’da @ViteLabs aracılığıyla duyurulacaktır ve VITE adresleri için dm yoluyla iletişime geçilecektir.Videolar şu dillerde olabilir: İngilizce, Rusça, Arapça, Çince, Vietnamca, Filipince, Türkçe, Korece, İspanyolca, Almanca ve Japonca.Vite Labs yarışma sürecinin ve final seçimlerinin tüm haklarını saklı tutar.YouTube上的ViteFleet请注意!为了支持我们在YouTube上的生态系统并教育新手理解和熟悉VITE,VX和ViteX,Vite Labs现正在发起YouTube社区明星活动,以奖励活跃和富有创造力的社区成员并感谢大家对Vite的参与和贡献!从2021年5月7日开始,我们每周会选出三名成员作为本次竞选的获胜者。根据竞选者制作的视频质量,观看次数和频道关注程度,每位优胜者将获得100–500 VITE的奖励。参与方法如下:在Twitter上关注@vitelabs,@vitexexchange,@chunming_liu 和 @gentso09。订阅:Vite Labs官方频道: youtube.com/vitelabsofficialchannel.在YouTube上创建关于Vite的教育视频使用#ViteYoutubeFleet标签在Twitter和/或Reddit上分享您的视频。请注意: 每周我们将只选择三位YouTube社区明星。 每个优胜者将只获得一次奖励。非获胜者可以参加任意数量的回合,直到获胜为止。所有提交的广告系列都必须包含#标签:#ViteYoutubeFleet。获奖者将通过Vite Labs的官方Twitter账号(@ViteLabs)宣布。我们会向获奖者询问其VITE地址以便发放奖励。视频制作可以使用以下语言:英语,俄语,阿拉伯语,中文,越南语,菲律宾,土耳其语,韩语和日语。Vite Labs保留此活动过程和最终选择的所有权利。Внимание, ViteFleet на YouTube! Чтобы поддержать нашу экосистему на YouTube и рассказать новичкам о VITE, VX и ViteX, Vite Labs запускает кампанию YouTube Stars, чтобы вознаградить активных и творческих членов сообщества за их участие и вклад в экосистему Vite!Начиная с 7 мая 2021 года, мы будем каждую неделю выбирать трех участников в качестве победителей этой кампании. Каждый победитель будет вознагражден от 100 до 500 VITE в зависимости от качества видео, количества просмотров и размера канала.Чтобы претендовать на шанс выиграть, вы должны:Подписаться за @vitelabs, @vitexexchange, @chunming_liu и @gentso09 в Twitter.Подпишитесь на официальный канал Vite Labs: https://youtube.com/c/ViteLabsOfficialChannelСоздайте обучающее видео на YouTube.Поделитесь своим видео в Twitter и/или Reddit с хэштегом #ViteYoutubeFleet.Пожалуйста, обратите внимание:Каждую неделю мы будем выбирать только трех звезд сообщества Youtube.Каждый победитель будет вознагражден только один раз. Кто еще не победил может участвовать в любом количестве раундов, пока не выиграет.Все материалы кампании должны содержать хэштег: #ViteYoutubeFleet.Победители будут объявлены через @ViteLabs в Twitter, и им будет предложено сообщить нам свой адрес VITE.Видео может быть на следующих языках: английском, русском, арабском, китайском, вьетнамском, филиппинском, турецком, корейском, испанском, немецком и японском.Vite Labs оставляет за собой все права на процесс и окончательный выбор для этого конкурса.Official: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchKorean Kakao Community: https://open.kakao.com/o/gWp9av5cReddit: https://www.reddit.com/r/vitelabs/Discord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enViteFleet YouTube Campaign was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

21. 05. 07

Vite Labs x Harmony Partner...

We are excited to announce that Vite Labs and Harmony are deepening our partnership to bring cross-chain solutions to a whole new level!Since the inception of our partnership with Harmony, both of our communities have seen tremendous growth. We are both dedicated to developing cross-chain solutions and fostering collaboration among different block chains. With a shared vision, it is a natural progression for us two projects to continue down the path we have started.This partnership update will include:Temporary increase in market-making as mining rewards of ONE pairs to 10X on ViteX. This means resting orders sufficiently close to the bid/offer for ONE pairs will receive more amounts of VX.Cross-chain bridge building between Vite and Harmony. To build the ViteBridge to Harmony, Vite Labs will create a team-assisted bounty put forth by the Vite Developer Committee. ViteBridge is a smart contract deployed on Vite chain. This ViteBridge to Harmony will implement a non-custodial wallet that can create and sign transactions on the Harmony chain.About HarmonyHarmony is a fast and secure blockchain with key innovations in state sharding and peer-to-peer networking. Its sharding uses proof-of-stake and decentralized randomness, and its networking achieves optimal cross-shard routing and fast block propagation.About Vite Labs and ViteXVite is a feeless, high-performance public chain and the world’s first DAG-based smart contract platform, well suited for commercial dApps with performance rivaling their centralized counterparts. Vite’s capabilities are made possible by its unique asynchronous architecture, hierarchical consensus, and snapshot chain. Vite has a steady record of deploying practical applications on its platform, with products including a decentralized exchange, a public-financing dApp for the American City of Syracuse, multiple game dApps, and micropayment platforms.ViteX is a decentralized exchange built on the Vite public chain. It is an open exchange run by the community, with its income passed through to the community. ViteX has a platform token VX, VX holders enjoy the right of receiving daily dividends of transaction fees and other revenue of ViteX exchange.Learn more about Vite’s Cross-Chain solution here.Official: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchKorean Kakao Community: https://open.kakao.com/o/gWp9av5cReddit: https://www.reddit.com/r/vitelabs/Discord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enVite Labs x Harmony Partnership Update was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

21. 05. 05

Vite Bi-weekly Report

Apr 16–30, 2021It’s been a busy two weeks at Vite Labs and we’re excited to share this extended list of updates, activities, and cool initiatives. So get ready, buckle up, and let’s dive in.Project UpdatesSix Projects Agree To Join Our ViteBridge EcosystemAs part of our ongoing work to “Bridge Every Blockchain in a Multi-chain Future” with ViteBridge, Vite Labs is partnering with six projects: BAN, KAI, IXI, BIS, IDNA, and MTV. Check out the Tweet below for more details.body[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;} — @vitelabsfunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height);resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}New Partnership Announcement: Vite x AnkrWe’re excited to announce that Vite Labs and Ankr are taking a step further in our partnership! Since the listing of the ANKR/BTC trading pair on ViteX, we’ve seen tremendous growth in the cross-chain space. With the launch of ViteBridge, many projects will soon gain access to other ecosystems. Learn more details on what this partnership means in our Medium article here.Information about Quota Bank From Vite CEO Charles LiuSince our last Biweekly Report, we’ve heard from many community members asking about Quota Bank (QB). As a throwback to early-April, Vite CEO Charles Liu shared a Tweet thread with details about QB. Check it out.body[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;} — @chunming_liufunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height);resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}Community Development Task — VitePayVite’s public chain facilitates fast transactions with zero fees and it’s naturally well suited for payments. We want a more robust interface for VITE checkouts that e-commerce platforms can readily adopt — and we are inviting community developers to build it. Learn more about how you can participate and receive a bounty of 1500 USDT or equivalent amount in VITE for your participation here.Community Selects Additional Language Support for ViteXTo help ensure that all ViteX users can use our flagship DEX in languages they can understand, our community will translate ViteX into Russian and Turkish. Please see the Tweet below for more details.body[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;} — @vitexexchangefunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height);resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}We’re Hiring!Vite is hiring for the following roles:Blockchain Development EngineerFront-end Web DeveloperJava DeveloperFull-stack EngineerJunior Operations AnalystKey ActivitiesBinance Promotion: Earn Up to 20% APY on VITEBinance added VITE to the list of supported assets on Binance Savings — a value-added service to Binance users who hold idle digital assets. Learn more in the Tweet below.body[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;} — @binancefunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height);resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}Vite COO Richard Yan Interview Kadena CEO Stuart PopejoyDid you miss out on this interview with our latest partner, Kadena? Don’t worry, we got you covered. See the link below for more on this partnership and learn about Stuart’s insights in the industry.https://medium.com/media/3d6654c9dfe20a982883de767697e215/hrefNew Listing: RadicleOn Friday, April 23, ViteX listed RAD on our exchange. Deposits and Withdrawals of RAD will begin at 15:00 (UTC+8) on April 23, and trading of pairs of RAD/USDT began at 16:00 (UTC+8) on April 23. This pair is eligible for market-mining as mining.body[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;} — @ViteXExchangefunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height);resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}Vite Insights #5: Researching NFT ProjectsMany members of our community have expressed interest in the NFT space as they have become a trending topic this year. One of our team members took the time to develop a comprehensive list that covers various NFT projects in a variety of areas. Check out Part 1 and Part 2 of our full list.5X Market-Making as Mining Rewards for Trading Pair IXI/USDTFrom 15:00 (UTC+8) April 21 and last through 15:00 (UTC+8) April 28, 2021, ViteX held a campaign to receive 5X market-making as mining rewards for trading pair IXI/USDT. Check out the tweet below for more information.body[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;} — @vitexexchangefunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height);resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}Community Contributions and Shoutouts#EarnWithVite CampaignOn April 20th, Vite released its #EarnWithVite Campaign where we are looking for write-ups that contain fresh insights and/or instructions regarding how to earn rewards within the Vite ecosystem. Read more about it here and get in on the campaign! Here are a few awesome examples:Starting my first full node #EarnWithVite @vitelabsVite Full Node Reward Calculations #EarnWithVite @vitelabs#Earn with ViteStarting a full node for the first time using a VPS (For the non-technical) #EarnWithVite @vitelabsbody[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;} — @benaiah3rdfunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height);resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}body[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;} — @darkstarfamilyfunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height);resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}body[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;} — @vitelabsfunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height);resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}body[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;} — @vitelabsfunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height);resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}Nano Gateway Seeks DeveloperFor fans of Nano and Vite, the Nano Gateway team is seeing a developer that can establish and maintain the gateway between both networks. Check out the Tweet below for more info and make sure you check them out on Discord.body[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;} — @nanogateorgfunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height);resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}Recent Community Stars Campaign WinnersCongratulations to our recent winners and thank you for your support as #ViteTurnsThree! Learn more about how you can become our next Community Star and win 333 VITE!body[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;} — @vitelabsfunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height);resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}body[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;} — @vitelabsfunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height);resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}Vite and VX DataOfficial: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchKorean Kakao Community: https://open.kakao.com/o/gWp9av5cReddit: https://www.reddit.com/r/vitelabs/Discord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enVite Bi-weekly Report was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

21. 05. 01

Vite Insights #5: Researchi...

A two-part series of more than 170 NFT Projects for your NFT Needs and InterestsMany members of our community have expressed a keen interest in the NFT space as NFTs have become an especially trending topic this year. One of our team members took the time to develop a comprehensive list that covers various NFT projects in a variety of areas in the space.This list is broken into two parts, and for this second part, we will focus on NFT Virtual Reality, Domain Names, DAO & Social, and Games. We hope this list can serve as a one-stop-shop, for finding some NFT’s that match your needs and interests.Virtual RealityDecentralandDecentraland is a distributed shared virtual platform, built on Ethereum, and at the same time helping others to establish state channels. https://decentraland.org/SANDThe Sandbox is a decentralized game platform that uses irreplaceable tokens and blockchain technology to empower creators, artists, and game players. www.sandbox.gameSomnium SpaceSomnium Space is an open, social, and long-lasting VR world, a universe completely shaped by players! https://somniumspace.com/MARK.SPACEMARK.SPACE is a new generation of the Internet, and any user can access every 3D / VR / AR virtual or augmented reality space in the universe for free. https://markspace.io/High FidelityHigh Fidelity is a VR social application created by the founder of Second Life, a virtual world in the United States. https://highfidelity.com/UplandIn Upland, you can buy, sell and trade virtual properties that map to the real world. https://upland.me/OVROVR is a world-scale open-source AR platform supported by the Ethereum blockchain. OVRLand is the NFT of OVR. ovr.aiDEFI & NFTNFTfiNFTfi.com is a non-homogeneous token NFT mortgage lending market. https://nftfi.com/AavegotchiAavegotchi is a DeFi mortgage for encrypted digital collections, collecting, bidding, and combining Aavegotchis to obtain the ultimate gamified DeFi experience. Project party Aave invested. https://aavegotchi.com/Yinsure NFTyInsure is agreement insurance based on NXM. The project was partly invested by yfi. https://yinsure.finance/seascapeSeascape is a game ecosystem platform based on Substrate, designed for DeFi and NFT economies. Investment institutions include Binance and Digital Renaissance Fund. https://www.seascape.networkNFTXNFTX is an NFT index fund based on Ethereum, driven by the community. https://nftx.org/Reality CardsReality Cards is the world’s first NFT-based prediction market, which is completely different from any other prediction market on Ethereum. There is no need to bet on the result, but to have the result. https://www.realitycards.io/RocketRocket provides irreplaceable digital collection NFT lending. Lock your NFT to start the loan process. https://tryshowtime.com/DEGODEGO is the Lego of the DeFi world. It adopts modular design and integrates various elements of the product to form a subsystem with specific functions. Modules are combined to create a new system with multiple functions. https://dego.finance/Holvi FinanceHolvi Finance provides the first NFT asset custody service. https://holvi.finance/magoNFTmagoNFT is a novel way to access NFT assets, bringing DeFi financial services to the global crypto community. https://www.magonft.xyz/Polka CityPolka City is a unique combination of Polkadot, DeFİ, and NFT digital asset investment platforms based entirely on contracts. https://www.polkacity.io/Very NiftyVery Nifty is a powerful NFT ecosystem. You can pack NFTs, start MUSE mining, and compete for the top spot in the rankings. https://verynifty.io/Shroom FinanceShroom Finance is a community-driven Uniswap/Sushi fork project that focuses on game assets. https://shroom.finance/Non-fungible YearnNon-fungible Yearn is a DeFi platform whose goal is to make full use of the NFT potential in the DeFi field. https://nfy.finance/Doki Doki FinanceDoki Doki Finance is a gamification market for community-owned NFT and digital collectibles. https://dokidoki.finance/Sync NetworkCreates liquidity NFTs for the DeFi market. https://syncbond.com/ItemsThe ETHITEM protocol is built based on a decentralized organization (DFO), which is managed 100% on-chain by holders of its programmable rights, ARTE. https://ethitem.com/NFTLootBoxNFTLootBox is a project that combines DeFi, NFT, and Loot Box technologies, allowing users to use tokens to make money. URL: https://www.nftlootbox.com/Alpaca CityAlpaca City has created a miracle city where DeFi and alpaca NFT meet, creating a more accessible DeFi ecosystem. https://alpaca.city/zeroutilityzeroutility is a fast-growing community that aims to discover utility gaps and product requirements in the DeFi and NFT spaces. https://www.zeroutility.com/ComethCometh will use their DeFi-based chain games and liquidity mining NFT. https://www.cometh.io/Domain NamesUnstoppable DomainsUnstoppable Domains blockchain domain names make encrypted payments easier and build anti-censorship websites. https://unstoppabledomains.com/ENSENS has a unique registration process that allows anyone to conveniently register a domain name ending in .eth through the bidding process. https://ens.domains/NamebaseNamebase registers the top-level domain name on the Handshake blockchain. https://namebase.io/DAO & SocialWHALE$WHALE was founded by WhaleShark, one of the largest individual NFT buyers in the crypto asset market. WHALE tokens are indirectly backed by WhaleShark’s NFT assets. https://whale.me/SAINT FAMESAINT FAME, the world’s first fashion house on the Internet, a future solution for cultural ownership, production, and participation. https://saintfame.com/B.20B.20 tokens will be issued with 20 artworks as price support. https://b20.metapurse.fund/ChiliZThe blockchain-based esports voting platform chiliZ is also part of the global sports and entertainment company Mediarex Group. Investment institutions include Binance, OK, etc. https://www.chiliz.io/showtimeNFT social networking site, discover and display digital art, memes, etc. https://alpha.tryshowtime.com/BlackpoolBlackpool is an emerging fund in the NFT industry, the first DAO decentralized autonomous organization established specifically for NFT games and transactions. Website https://www.blackpool.finance/RockiRocki is a music NFT project. https://rocki.app/DIGITALAXDIGITALAX is building the first digital fashion operating system. https://www.digitalax.xyz/homepageMurAllMurAll is a digital collaborative canvas wall on the chain, and anyone from all over the world can participate in the painting. https://murall.art/PulltherugThe world’s first reverse donation token to donate RUGING to the community! https://pulltherug.finance/FyoozFyooz is collaborating with some of the world’s largest artists and celebrities to launch exclusive NFTs. https://www.fyooz.io/fyznft/GETThe GET protocol provides a blockchain-based smart ticketing solution. Everyone who needs to sign an invoice (NFT) honestly and transparently can use the protocol. https://get-protocol.io/TokenizedTokenized Tweets can help you record tweets on the blockchain. Tweets can only be tagged once. https://tokenizedtweets.com/beyondnftBeyondNFT is a real-time network interactive media NFT, which supports dynamic content including interactive art and games, and is based on the ERC721 or ERC1155 standard. https://beyondnft.io/NiftyEggsNiftyEggs is an NFT creation and mining platform built on Polygon. https://niftyeggs.eth.link/#/Privi ProtocolPrivi is a multi-chain DeFi platform, social token, NFT, and customizable community. URL: https://priviprotocol.io/GamesCryptoKittiesCryptoKitties is the world’s first digital cat collection and breeding game based on blockchain technology. Investment institutions include A16Z, DCG, etc. https://www.cryptokitties.co/Dapper LabsDapper Labs game development studio, brings CryptoKitties to the blockchain. Investment institutions include A16Z, DCG, Coinbase, etc. https://www.dapperlabs.com/Axie InfinityAxie Infinity is a game about collecting and raising fantasy creatures named Axie on Ethereum. https://axieinfinity.com/NBA Top ShotNBA and CryptoKitties founding team Dapper Labs cooperated to launch the blockchain-based collection game NBA Top Shot. https://www.nbatopshot.com/ETHVerseETHVerse is a virtual world, owned by users driven by Ethereum and built on the foundation of Minecraft. http://ethverse.com/EverdreamSoftEverdreamSoft is a blockchain game developer. http://everdreamsoft.com/SorareSorare is a fantasy football game in which official blockchain player cards can be traded. Collect limited edition digital collections, manage your team and get rewards. https://sorare.com/Reality GamingPlay Reality Gaming Group is a game studio that develops innovative platforms. https://realitygaminggroup.comDecentral GamesDecentral Games is a decentralized game that owns and manages virtual world casinos by holding DG tokens. https://decentral.games/REVVREVV leads users into the world of blockchain racing sports and is the core utility token of the brand racing blockchain game created by Animoca Brands. https://www.revvmotorsport.com/NiftyCratesNiftyCrates, a decentralized ERC-721 loot box, can be constructed as a top-down composable NFT. Created by a former Dapper Labs engineer. https://niftycrates.com/UltraUltra is a game distribution network based on blockchain. https://ultra.io/UbisoftUbisoft is a French gaming giant. https://oneshotleague.ubisoft.com/ImmutableImmutable aims to build a real virtual world. Let anyone promote them, trade freely, and make the virtual world more real. Coinbase Investment https://immutable.com/thesixdragonsThe first blockchain open-world RPG. You can craft the items you own in the decentralized digital economy. thesixdragons.comLucid SightLucid Sight focuses on leading-edge games and game developers with supporting technologies. https://www.lucidsight.com/doublejumpDoubleJump is a mobile game studio dedicated to making games with your favorite influencers. https://www.doublejump.com/Marble.CardsMarble.Cards is a collectible card game based on the web. https://marble.cards0xMons0xMons can use AI algorithms to generate pixel monsters. 0xmons.xyzgalaGala’s mission is to provide freedom to anyone on this planet through games. https://gala.games/Node RunnersNode Runners look forward to a dystopian future in the financial technology sector, enabling people to regain control of the collapsed system. https://noderunners.io/epemonfinanceThe digital collection card game is supported by the blockchain DeFi and uses NFT as an in-game asset. https://pepemon.world/SkyWeaverSkyWeaver is a free trading card game developed by Horizon based on Ethereum. Players have real ownership of the digital card. https://www.skyweaver.net/Cheeze WizardsThe Cheeze Wizards game continues the cute cartoon style and simple gameplay of CryptoKitties, with the core of fighting and growth. Developed by the Dapper Labs team. https://www.cheezewizards.com/HorizonHorizon is to build a decentralized online game on Ethereum. Investment institutions include DCG, Coinbase, Polychain, etc. https://horizongames.net/coin-artistCoin-artist is Marguerite DeCourcelle’s social token, and her cryptopunk Twitter character coin_artist is better known. https://forefront.market/creators/coin-artistgodsunchainedIn the card trading game on Ethereum, you can have real ownership of the NFT on it to earn, build and trade the game. https://godsunchained.com/leagueofkingdomsKnown as the world’s first MMO strategy game, you can own land and develop your own kingdom. https://www.leagueofkingdoms.com/AlienWorldsAlien Worlds is a defi NFT meta world where you can collect and use unique digital items. https://www.alienworlds.io/f1deltatimeA racing game supported by blockchain technology. https://www.f1deltatime.com/NeodistrictNeodistrict is a cyberpunk role-playing adventure game and flagship game developed by Blockade Games. https://neondistrict.io/mycryptoheroesKnown as the world’s number one DAU blockchain game. https://www.mycryptoheroes.net/HOARDThe HOARD platform aims to promote the true ownership of game assets on the blockchain. https://www.hoard.exchange/COCOSA development platform for distributed applications and digital assets. Investment institutions include Binance. http://www.cocosbcx.io/Eight HoursSmart NFT digital collectibles and gaming platform. https://www.vimworld.com/gamecreditsgamecredits has e-sports solutions for digital goods. https://gamecredits.org/CHONKERCHONKER is an experimental game NFT protocol inspired by cats. https://www.chonker.finance/TAMAGTAMAG your virtual pet on the blockchain. https://niftygotchi.com/#/FUD.financeDRM is a collectible card game that resides on the Ethereum blockchain as an NFT. https://www.dontrug.me/SERGSSERGS is an NFT dApp. https://t.me/sergsfamWrapped CryptoKittiesERC721 CryptoKitty 1:1 support. https://wrappedkitties.com/MEGAMEGA is a decentralized city builder dApp game. https://mcp3d.com/TowerTower combines blockchain and anime RPG-style defense games. https://www.crazydefenseheroes.com/soviDefi Revolution is a simulation strategy game. https://sovi.finance/illuviumioIlluviumio is a collection and automatic fighter game. https://illuvium.io/blockchaincutiesAn NFT collection game, a blockchain-based adventure game, in which players can collect, breed, fight and upgrade various collectible NFT creatures. https://blockchaincuties.com/ExeedmeExeedme’s gaming platform based on the Polkadot blockchain allows players, developers, and gaming communities of all skill levels to use the power of DeFi and NFT to quantify their skills and efforts. https://www.exeedme.com/Official: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchKorean Kakao Community: https://open.kakao.com/o/gWp9av5cReddit: https://www.reddit.com/r/vitelabs/Discord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enVite Insights #5: Researching NFT Projects: Part 2 was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

21. 04. 30

Vite Labs x Ankr Partnershi...

We are excited to announce that Vite Labs and Ankr are taking a step further in our partnership! Since the listing of the ANKR/BTC trading pair on ViteX, we have seen tremendous growth in the cross-chain space. With the launch of ViteBridge, many projects will soon gain access to other ecosystems. This partnership update will enrich both of our communities and the details are as follows:Vite will make the ANKR token easily transferable cross chain.Temporary increase of market-making as mining rewards to 10X for ANKR/BTC trading pairAbout AnkrAnkr has built a globally distributed computing network that leverages idle cloud resources in data centers and edge devices. The Ankr platform is connected to top-end specification servers, hosted from data centers owned by some of the largest companies on the planet, to provide the highest quality to the Ankr nodes.About Vite Labs and ViteXVite is a feeless, high-performance public chain and the world’s first DAG-based smart contract platform, well suited for commercial dApps with performance rivaling their centralized counterparts. Vite’s capabilities are made possible by its unique asynchronous architecture, hierarchical consensus, and snapshot chain. Vite has a steady record of deploying practical applications on its platform, with products including a decentralized exchange, a public-financing dApp for the American City of Syracuse, multiple game dApps, and micropayment platforms.ViteX is a decentralized exchange built on the Vite public chain. It is an open exchange run by the community, with its income passed through to the community. ViteX has a platform token VX, VX holders enjoy the right of receiving daily dividends of transaction fees and other revenue of ViteX exchange.Official: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchKorean Kakao Community: https://open.kakao.com/o/gWp9av5cReddit: https://www.reddit.com/r/vitelabs/Discord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enVite Labs x Ankr Partnership Update was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

21. 04. 29

Vite Insights #5: Researchi...

A two-part series of more than 170 NFT Projects for your NFT Needs and InterestsMany members of our community have expressed a keen interest in the NFT space as NFTs have become an especially trending topic this year. One of our team members took the time to develop a comprehensive list that covers various NFT projects in a variety of areas in the space.This list is broken into two parts, and for this first part, we will focus on NFT Infrastructure & Tools, Market Transactions, and Collections. We hope this list can serve as a one-stop-shop, for finding some NFT’s that match your needs and interests.Infrastructure & ToolsArweaveArweave is implemented through blockchain, and files are stored in every block. Investment institutions include A16Z, Coinbase, and others. https://arweave.org/FLOWFlow Network is a fast and user-friendly blockchain, designed to support game applications that drive the entire digital asset ecosystem. Investment institutions include A16Z, DCG, Coinbase, among others. https://www.onflow.org/PolygonPolygon is an Ethereum Chain Layer 2 solution aggregator that builds modular, universal, and flexible expansion frameworks for Ethereum. Investment institutions include Coinbase. https://polygon.technology/EnjinGreat for Minecraft servers, tribes, and game players, Enjin hosts more than 300,000 gaming communities, connecting you with more than 20 million players. https://www.enjin.com/DarwiniaDarwin Network is a cross-chain bridging network developed based on Substrate. The project focuses on building a future asset interconnection network, including the non-standard asset auction market, stable currency cross-chain, asset exchange, and other fields. https://darwinia.network/StardustStardust enables game developers to increase revenue and improve the game-playing experience. Developers can make full use of the income of the Stardust platform through the blockchain infrastructure API, and share the secondary market and game entry. https://www.stardust.gg/PlayDappPlayDapp develops blockchain games that everyone can play, establishes a game entertainment ecosystem driven by blockchain, and hopes to bring non-encrypted game users into blockchain games. https://playdapp.io/ForteForte’s mission is to upgrade the game industry through simple and easy-to-use blockchain technology to benefit players and developers and to achieve this mission by establishing, incubating, and funding the most promising decentralized products and solutions. Investment institutions include A16Z, 1confirmation, etc. https://forte.io/PhantasmaPhantasma aims to be a one-stop solution for blockchain developers and dApp users. https://phantasma.info/Animoca BrandsAnimoca Brands, a cross-platform application publisher, is using popular brands, gamification, artificial intelligence, blockchain, and mobile technologies to develop engaging applications. Project investment FLOW, Sandbox, Mask, etc. https://www.animoca.com/PixuraPixura is a platform for creating, tracking, and exchanging encrypted digital collections so that anyone can easily establish an encrypted market for trading digital collections. https://pixura.io/CounterpartyCounterparty is a smart contract tool service based on the Bitcoin blockchain, which can create agreements between tokens and NFTs. https://counterparty.io/MixmarvelMixMarvel is committed to providing players and developers with a one-stop chain game publishing platform, and also provides developers with a Layer 2 cross-chain solution Rocket Protocol that is more suitable for medium and large games. http://www.mixmarvel.com/LUKSOLUKSO is a blockchain platform designed specifically for the lifestyle industry, providing a decentralized innovation and trust infrastructure for fashion brands, start-ups, and customers. https://www.lukso.network/digicoldigicol creates NFT with one click, no coding required. Create your own digital collections seamlessly. https://www.digicol.io/VIBEVIBE is creating next-generation NFTs and developing new standards for games on the blockchain. https://www.vibehub.io/spl.ytThe NFT infrastructure powers the distributed financial and e-commerce markets. https://www.spl.yt/Market TransactionsINFTINFT is one of the world’s leading digital currency collections. It is a non-homogeneous asset (NFT) trading platform, which also includes ERC721 and ERC1155 asset agreements. https://inft.io/RARIBLERarible is an NFT issuance and trading platform that creates and sells digital collections protected by blockchain. Investment institutions include Coinbase. https://rarible.com/OpenseaOpensea is the world’s largest market for encrypted digital collections, covering the broadest categories and the most transferable digital collections. Investment institutions include Coinbase, 1confirmation, etc. https://opensea.io/MakersPlaceMakersPlace is a unique digital creation platform, based on blockchain technology support, enabling creators to protect and sell digital creation versions. https://makersplace.com/SuperRareSuper Rare can easily create, sell, and collect rare digital artworks. Investment institutions include Moonwhale Ventures. https://moonwhale.io/NFT20The NFT20 protocol, also known as the NFT20 token, can create a liquidity pool on decentralized trading platforms such as Uniswap. https://nft20.io/Terra VirtuaTerra Virtua is an NFT digital collection platform that allows cross-platform interaction, combining social, gaming, 3D, AR, and NFT and DeFi fields. https://www.terravirtua.io/AzukiGamification market for NFT and digital collectibles. dokidoki.financeAsync ArtThe Async Art platform allows the purchase of masters and layers, which are respectively tokenized on the Ethereum blockchain. Investors include Placeholder, etc. https://async.art/WAXWAX is positioned as a decentralized global virtual asset exchange, a universal decentralized platform for online game virtual property transactions. https://wax.ioKnownOriginEthereum art platform KnownOrigin.io, discovers, displays, and sells scarce digital art collections. https://knownorigin.io/UniLayerUniLayer is a new generation of decentralized trading platforms built on Uniswap. https://unilayer.app/VIV3VIV3 is an NFT trading platform based on the public chain platform Flow. Artists, game studios, etc. can use VIV3 to mint NFT tokens on the Flow blockchain. https://viv3.com/FoundationFoundation creates an emerging creative economy, creates, explores, and collects digital art NFTs. URL: https://foundation.app/AnRKey XAnRKey X is a decentralized financial game trading platform designed to reward e-sports enthusiasts, players, and NFT meme crushers who are addicted to games through DeFi. https://anrkeyx.io/SOTASOTA is a multi-chain digital content NFT P2P market for creators and collectors. URL: sota.financeAbyssThe next-generation digital distribution platform, playing games, making money, and creating content, provides players and developers with different opportunities to increase their income at the same time. https://www.theabyss.com/MachiXMachiX is committed to creating a practical virtual currency trading platform that allows creators to issue their own copyright coins. https://machix.com/Nifty GatewayNifty Gateway hopes to introduce NFTs to the world and help 1 billion people around the world collect NFTs and play NFTs. https://niftygateway.com/DMarketDMarket provides an application programming interface to game communities around the world, and writes virtual commodity transactions through smart contracts on the blockchain, striving to make each game item tradeable on multiple platforms. https://niftygateway.com/ArkaneArkane monetizes your games through blockchain services and manages and protects your digital assets. https://arkane.network/ZoraZora is a new paradigm that provides a market for selling limited-edition products, enabling creators and communities to create and promote cultural exchanges, created by former Coinbase employees. Investment institutions include Coinbase: https://zora.coEporioEporio is based on xDai’s cheaper and more sustainable NFT market for artists and gamers. https://epor.io/NFT ProtocolNFT Protocol aims to provide a decentralized platform with tools to realize an effective market for NFT and related digital goods. https://nft.org/GameswapGameswap is a next-generation decentralized game asset trading platform that enables millions of gamers to be on a neutral platform that they control and own. https://www.gameswap.org/Polyient DEXPolyient DEX is a digital collection decentralized trading platform based on Avalanche, launched by Polyient Games. https://dex.polyient.games/PortionPortion is a blockchain-based transaction exchange platform that links art, luxury goods, and cryptocurrency together. https://portion.io/mintbaseThe gateway to the new virtual economy. You can create, sell and buy NFTs, including artworks, songs, tickets, and photography. https://mintbase.io/cryptoartpulseNFT art market sales summary. https://cryptoartpulse.com/microsponsorsHere users can issue various forms of NFT, and the trading period is supported by Ethereum NFT. https://microsponsors.io/BondlyBondly is a trusted, transparent, and portable asset exchange protocol. Together with Logan Paul, it will try the next generation of digital collections. https://www.bondly.finance/UniftyUnifty’s goal is to become the main hub for the exchange, establishment, management, and sale of non-tariff barriers and collectibles. https://unifty.io/SEENSEEN is a tangible NFT auction and trading venue. https://seen.haus/UniqueUnique is a next-generation decentralized NFT art market for the evolving world of digital artists, creators, and collectors. https://www.unique.one/Font CommunityNFT-based font trading market. https://font.community/NIFTEXNIFTEX aims to create and trade NFT digital assets, making NFT trading as simple as cryptocurrency. Investment institutions include DCG, 1KX, etc. https://www.niftex.com/cargocargo is the easiest and most powerful way to create, store and sell digital collectibles. https://cargo.build/GhostMarketGhostMarket is a cross-chain NFT market. You can buy, sell, create and discover rare digital collectibles here. https://ghostmarket.io/SIGN ArtSIGN Art is an online gallery of digital art certified by the blockchain, which can be bought, sold, and collected here. URL; https://www.sign-art.app/cryptoartCryptoart is known as the largest cryptocurrency trading market in Asia, and you can buy and sell these real artworks. https://cryptoart.ai/ShowcaseShowcase is a digital collectible product platform built on the Matic blockchain, which connects creators and fans through collection badges. Website https://showcase.to/DcENT HUMANSDcENT HUMANS uses NFT to certify real-world luxury goods that are dispersedly manufactured, and its integration with Polygon introduces a fully automated proof-of-purchase and NFT issuance system. https://dcentlife.io/BOpenSeaThe NFT trading market on the Binance Smart Chain.https://bopensea.com/CollectionsUnisocksUnisocks is the first case of tokenized sales of physical goods. A pair of Unisocks socks can be redeemed, initiated by Uniswap. https://unisocks.exchange/FAMEFAME can redeem a Saint Fame shirt. https://www.saintfame.com/fameICKICK can redeem a Saint Fame mask https://www.saintfame.com/sickMemeMeme is an experimental protocol that combines some of the most exciting innovations in DeFi and NFT encrypted collections. https://dontbuymeme.com/AutoglyphsAutoglyphs is an experiment of generative art and the first on-chain generative art on Ethereum. https://larvalabs.com/autoglyphsAvastarsAvastars stores the art collection completely on the blockchain. Commercial use permission from its owner has been obtained, and each role generated is unique. https://avastars.io/CryptoPunksCryptoPunks is the first digital artworks platform on Ethereum with a built-in method to verify unique ownership, with a total supply of 10,000 pieces. https://www.larvalabs.com/cryptopunksCryptoMotorsOne of the first digital car manufacturers supported by Ethereum, you can become a part of the design process, collect original 3D concept cars developed by professional car designers, and participate in customization. https://www.cryptomotors.io/UrbitUrbit is a virtual city project initiated by computer scientist Curtis Yarvin, which consists of multi-purpose personal servers. https://urbit.org/HashmasksHashmasks is an NFT digital art collection project, created by more than 70 artists around the world, with a total supply of 16,384 NFTs, each of which is a unique and personal portrait. https://www.thehashmasks.com/StrainStrain is based on the ERC420 standard and is an NFT digital collection pledged by DeFi, which is upgraded and cultivated to produce NFT. https://strainnft.com/B&W PunksB&W Punks’s black and white version of cryptopunk, minimalism, pays homage to the cryptopunks project. https://bwpunks.com/RENDARRENDAR showcases digital collections from the world’s best urban artists from the street to the screen, providing you with a new way to collect and invest in urban art. https://www.rendar.org/strykingstryking uses blockchain technology and officially licensed digital collections in the sports industry to create an engaging user experience. https://presale.stryking.io/HashmasksHashmasks is a next-generation digital art collection. www.thehashmasks.comWaifuWaifu is an NFT girlfriend collection project. https://waifutoken.io/ROPEROPE is an NFT memetic project. https://rope.lol/CHADS VCCHADS VC is an NFT meme project https://www.chads.vc/BONKBONK is a utility token cryptocurrency that can be used to create your own NFT art collection. https://bonktoken.com/ECOMIVE-VE is an application-based market for premium licensed digital collections. https://www.ecomi.com/BullionixBullionix is ​​supported by the Ethereum NFT standard and Digix smart gold and adopts 3D digital collections supported by pure gold. https://bullionix.io/WallkandaWallkanda is a platform for street artists to create works, user collections, and institutional promotion. https://bio.wallkanda.art/Official: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchKorean Kakao Community: https://open.kakao.com/o/gWp9av5cReddit: https://www.reddit.com/r/vitelabs/Discord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enVite Insights #5: Researching NFT Projects: Part 1 was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

21. 04. 29

Community Development Task ...

Community Development Task — VitePayThe Vite public chain facilitates fast transactions with zero fees, and is naturally well suited for payments. We’d like to have a more robust interface for VITE checkouts that e-commerce platforms can readily adopt. And we are inviting community developers to build it!The detailed functions we would like to see is as follows:1. Generate payment information according to orders received by the merchants. The payment information should include the following:QR Code: the QR code should include the Vite address, payment currency and the payment amount.Memo: It is used to distinguish different orders. Each order should have its own distinct memo.2. Scan QR code with the App. After scanning, it redirects the user to the payment page. The App retrieves the Vite address, payment currency and payment amount. On the same page, the user is able to fill in the memo manually and initiate the payment process.3. Once the payment process is initiated within the App, VitePay will look up the payment information. If it detects the matching order information (as distinguished by the memo), the screen display shows “Processing”, resulting in one of the following:Payment Successful. This means payment currency, amount and memo match up with the order and the network has achieved 30 confirmations.Payment Failed. This means one or more of the information regarding payment currency, amount or memo does not match up with the order. This will trigger refund back to the original address.4. Other scenarios:Time out: if the payment is not completed within 15 minutes, the order will be canceled automaticallyPayment after order cancelation: if the order is canceled manually or due to time-out, no payments will be facilitated.5. The ability to review payment information and track order after payment success.The following is a mockup for the payment page.Bounty:1500 USDT or equivalent amount in VITE.Rules:Selected applicant will be announced in one week.The required tasks should be completed over the next two months.To qualify, applicants must provide all work including detailed, open-sourced code on GitHub and a URL link for the application.The code must be accompanied with documentation written in English.The developer can create a mockup UI with their preferred style. It should be neat and aesthetically pleasing.After the VDC completes their final review, rewards will be granted to the developer over the next three months, one-third of the total rewards per month. If the developer runs an SBP, they can also choose SBP votes instead of a direct reward. Voting will be conducted by the Vite Foundation for the designated SBP.For UI-related tasks, the developer should host the UI design on a website and they should be responsible for the website maintenance. A bonus reward will be provided if the website is continuously functional and if the developer is responsive to fixing issues raised by users.The developer will receive a basic reward by completing all the above-mentioned tasks and passing the VDC’s review. The VDC may decide to grant additional rewards if the tasks completed exceed expectations.All rights reserved by the Vite Developer CommitteeOfficial: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchKorean Kakao Community: https://open.kakao.com/o/gWp9av5cReddit: https://www.reddit.com/r/vitelabs/Discord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enCommunity Development Task — VitePay was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

21. 04. 28

Earn with Vite Campaign!

Write about ways to earn in the Vite ecosystemPop Quiz: How many ways are there to earn rewards within the Vite ecosystem?Ever since the launch of Vite mainnet and our decentralized exchange ViteX, Vite Labs has been sharing with our community tips and ways to earn rewards with Vite. Now it’s time for us to switch seats. Vite Labs would like to hear from you, our community, the various ways that you have mastered to earn with Vite.We are excited to announce a brand new Vite write-up campaign — Earn with Vite! In this campaign, we are looking for write-ups that contain fresh insights and/or instructions regarding how to earn rewards within the Vite ecosystem.Here are the guidelines to follow for this campaign!Timeline: April 20 — May 4, 2021Rules:To participate in Earn with Vite, you must post your write-ups on BOTH Vite Forum AND our Reddit Page.The type of submissions Vite Labs will be accepting are individual post submissions in a paragraph format. Comments will NOT be rewarded.Each post submission MUST use #EarnWithVite.Each article must also be tweeted by the contestant and tag our official twitter account (@vitelabs). Quality submissions will get RT from the official accounts, and the amount of social media engagement will be taken into consideration for prizes.Remember: the topic of discussion is on ways to earn within the Vite ecosystem.An eligible entry must be over 1 paragraph in length and show solid effort in its creation.Ideally, we are looking for one submission per participant on one platform of your choosing. However, participants can post multiple submissions as long as a NEW way of earning is being discussed each time.All posts will be DILIGENTLY graded and judged by the quality of the writing, thoroughness of explanation, and insightfulness.No reward will be given for spam posts or to text with no relevance to the topic of discussion.All rights are reserved by Vite Labs.Rewards:The MOST INSIGHTFUL post submission will receive 1000 VITE.The Runner-up will receive 750 VITEThe third place will receive 500 VITEOfficial: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchKorean Kakao Community: https://open.kakao.com/o/gWp9av5cReddit: https://www.reddit.com/r/vitelabs/Discord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enEarn with Vite Campaign! was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

21. 04. 20

Vite Bi-weekly Report

Apr 1–15, 2021Project UpdatesApp Updates and DevelopmentsWe released updated versions of our Vite Web and Desktop Apps with newly added full nodes modification functionality. Users can now configure and use their own full nodes through our app. For cross-chain deposit and withdrawal, we’ve added each coin’s network type to prevent users from incorrectly indicating the wrong network and losing any key assets.Swap Between Native and ERC-20 VITEYou can not swap between Native VITE and ERC-20 VITE. Learn more in the following Tweet from @ViteLabs:body[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;} — @vitelabsfunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height);resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}We’re Hiring!Vite is hiring for the following roles:Blockchain Development EngineerFront-end Web DeveloperJava DeveloperFull-stack EngineerJunior Operations AnalystKey ActivitiesBinance Partnership Promotion: Win A Share of $50,000 in VITEIn partnership with Binance, Vite is having a promotion for users to win up to $50,000 in VITE. Follow the tasks in this link and good luck!New Partnership with Kadena for Cross-Chain SolutionsAs a part of our goals for ViteBridge and Vite 2.0, Kadena is not Vite’s newest partner for cross-chain solutions in the crypto space. This partnership brings together two dynamic communities each with its own distinctive public chains and protocols, working side by side to build out a connected and decentralized future. Learn more about what this partnership means for you in our recent Medium article.Vite Labs COO Richard Yan Visits Drake Digital on YouTubeOur COO Richard Yan spoke with Drake on Digital to talk about Vite and how it’s changing the game in the crypto world. Check it out on YouTube:https://medium.com/media/4b1440e654c126ff7e6a87484ff629c3/hrefVITE Native Coin Now on Hotbit ExchangeHotbit Exchange users, you can now trade VITE Native Coin! Check out more details from Hotbit at this link.New Listing Vote: You Vote, We ListenOn April 2nd, we put out a vote on Twitter to list new coins. Based on your votes, the winner is:body[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;} — @vitexexchangefunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height);resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}Welcome, Non-Fungible Yearn (NFY)! Deposits and withdrawals of NFY began April 15th, and NFY/ETH trading pairs began April 16th.TRTL/ETH Trading Pair Eligible for Market-Making As MiningOn April 14, TRTL / ETH Pairs became Eligible for 5X Market-Making As Mining Rewards through #ViteX. Read more about it here.Tell Us Which Language To Support Next on ViteXWant to trade on ViteX in your native language? Tell us which one we should support next by filling out this form.Community Contributions and ShoutoutsCommunity Stars Campaign: Win 333 ViteAttention, Vite Fleet! In celebration of Vite turning three, Vite Labs launched a Community Stars Campaign to reward active community members for their participation and contribution to the entire Vite ecosystem. Three members will be selected each week to win 333 VITE. We chose the number 333 because the Vite White Paper was written in the third month of 2018 and this is the third year of Vite. Throughout this campaign, we will also feature a special hashtag #ViteTurnsThree. Congrats to our first winners of the campaign:body[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;} — @vitelabsfunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height);resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}Learn more about how to participate in our article here. Thank you, #ViteFleet!Vite and VX DataOfficial: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchKorean Kakao Community: https://open.kakao.com/o/gWp9av5cReddit: https://www.reddit.com/r/vitelabs/Discord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enVite Bi-weekly Report was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

21. 04. 16

Vite Labs x Kadena Partners...

We are excited to announce that Vite Labs is officially partnering with Kadena to provide cross-chain solutions to allow easy asset transfer between blockchains. This partnership brings together two dynamic communities each with its own distinctive public chains and protocols, working side by side to build out a connected and decentralized future.As partners, Vite Labs and Kadena will accomplish the following:Building out a cross-chain bridge between our two chainsCollaborating in building cross-chain bridge to the Cosmos ecosystemViteX, the native decentralized exchange on the Vite chain, will list KDAMarket makers of the KDA pair on ViteX will earn extra KDAAbout KadenaKadena’s public blockchain is a braided, high-throughput Proof of Work system that runs Chainweb, a sharded and scalable layer-1 protocol that delivers groundbreaking security and throughput. Our project exists to solve the challenges that have impeded widespread adoption to date through our fast, secure, and scalable blockchain network and smart contract language Pact.About Vite Labs and ViteXVite is a feeless, high-performance public chain and the world’s first DAG-based smart contract platform, well suited for commercial dApps with performance rivaling their centralized counterparts. Vite’s capabilities are made possible by its unique asynchronous architecture, hierarchical consensus, and snapshot chain. Vite has a steady record of deploying practical applications on its platform, with products including a decentralized exchange, a public-financing dApp for the American City of Syracuse, multiple game dApps, and micropayment platforms.ViteX is a decentralized exchange built on the Vite public chain. It is an open exchange run by the community, with its income passed through to the community. ViteX has a platform token VX, VX holders enjoy the right of receiving daily dividends of transaction fees and other revenue of ViteX exchange.Official: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchKorean Kakao Community: https://open.kakao.com/o/gWp9av5cReddit: https://www.reddit.com/r/vitelabs/Discord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enVite Labs x Kadena Partnership Announcement was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

21. 04. 12

Community Stars Campaign

Vite Community Stars Campaign: Win 333 Vite Each Week#ViteFleet #ViteTurnsThreeAttention, Vite Fleet! In celebration of Vite turning three, Vite Labs is launching a Community Stars Campaign to reward active community members for their participation and contribution to the entire Vite ecosystem.Starting on April 8, 2021, we will select three members each week as the winners of the Campaign. Each winner will be rewarded 333 VITE. We chose the number 333 because the Vite White Paper was written in the third month of 2018 and this is the third year of Vite. Throughout this campaign, we will also feature a special hashtag #ViteTurnsThree.To qualify for a chance to win 333 VITE, you must be:Followers of Vite Labs, Vite Exchange, and official project team members on social media (@vitelabs, @vitexexchange, @chunming_liu, @gentso09 on Twitter).Active members in our various Vite community groups (Vite English group https://t.me/vite_en, ViteX Exchange Group: https://t.me/vitexexchange.).Members who support Vite by:Mentoring new users.Publishing articles articles / twitter threads / reddit posts / forum posts about Vite and/or ViteX.Creating videos about Vite and/or ViteX.Developing posters promoting Vite and/or ViteX.Being active in any and all channelsWe will randomly identify the qualifying members and evaluate their activities for potential rewards. Additional information of the campaign is as follows:Each week, three community stars will win 333 VITE.The same winner can be rewarded only once.The campaign will include the hashtag #ViteTurnsThree.Winners will be announced via @ViteLabs on Twitter and they will be asked to DM us their VITE address.Vite Labs reserves the right for final interpretation.Official: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchKorean Kakao Community: https://open.kakao.com/o/gWp9av5cReddit: https://www.reddit.com/r/vitelabs/Discord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enCommunity Stars Campaign was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

21. 04. 07

Vite AMA (Mar 31, 2021) Recap

Web 3.0 and Three VisionsVite 2.0, aka ViteBridge, a cross-chain solution to enable asset transfer trustlessly from any chain to any chain. This ties to the vision of Web 3.0 to bring the power and data back to the users themselves.Bootstrap liquidity on ViteX, list more coins on the platform and improve user experience.Improve the ecosystem on top of the Vite chain, with more DApps built.Vite Mainnet vs. ViteX DevelopmentImpossible to enhance one without building up the other. The upcoming launch of ViteBridge will further add value to the Vite ecosystem.Can the minimum amount of coins withdrawn from the wallet be reduced when a specific coin price goes up?No, at the moment. But Vite allows anyone to run a gateway themselves, perhaps a new gateway can be set up to achieve such goals. In the future, when ViteBridge comes live, a DAO (Decentralized Autonomous Organization) will be established which enables VX coin holders to vote for proposals. This could be the platform to determine new minimum withdrawal perimeters.Issues in the aftermath of Nano attackUnlike Vite, Nano does not use a snapshot chain or implement a quota mechanism. Spam attack on the Vite network will drive up the price of VITE, tremendously increasing the cost of attack. Learn more about how this works in our CEO’s tweet below.body[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;} — @chunming_liufunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height);resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}Does Vite have a browser extension wallet?We don’t currently have a browser extension. However, we have such a task published in the Vite Developer Committee — a Vite Labs funded but grass root organization.Decentralization of ViteVite Gateways are going to be phased out. It will be replaced with ViteBridge which eliminates single points of failure in the system, making the whole Vite ecosystem more decentralized and censorship resistant.Major risks facing Vite todayBalancing delivery of products that users can see and building a very solid tech stack that’s not so visible.What are the possible milestones for this year and beyond?ViteBridge implementation, prioritization of chains to cross, joint business development with ViteBridge stakeholders; Bridging to Ethereum compatible chains; Continuing growth of ViteX; Applying ViteBridge to replace Gateways to achieve a truly decentralized ViteX system.Check out the full video below:https://medium.com/media/98414b997c3a9ad38972d8645ebc39a0/hrefOfficial: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchKorean Kakao Community: https://open.kakao.com/o/gWp9av5cReddit: https://www.reddit.com/r/vitelabs/Discord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enVite AMA (Mar 31, 2021) Recap was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

21. 04. 02

Vite Bi-weekly Report

Mar 16–31, 2021Project UpdatesVite Deploys New ERC-20 VITE TokenWe are pleased to announce the release of a new VITE ERC-20 token. This will expand the liquidity of the VITE asset, and as a side effect, put upward pressure on its value in the long run. This is also in line with our general strategy of providing assets on the Vite chain greater access to the broader blockchain ecosystem, such as Ethereum.Read more about it here:ERC-20 VITE Token Migration AnnouncementFull Node Rewards Program UpgradeFull nodes are the cornerstone of the Vite blockchain. They participate in the transaction verification and help maintain data accuracy. To encourage more to join the Vite Mainnet and earn rewards, we are launching the Vite Full Node Reward Program III, an updated version of the current Vite Full Node Incentive Plan. Compared with the current program, it is more flexible and comes with more rewards.Read more about it here:Vite Incentive Plan — Full Node Reward Program UpgradeWe’re Hiring!Vite is hiring for the following roles:Blockchain Development EngineerFront-end Web DeveloperJava DeveloperFull-stack EngineerCustomer Service Representative for Vite Labs gateway on ViteXKey ActivitiesVite Leadership Holds Second Vite Community AMA of 2021As a follow-up to our last AMA in February, Vite Labs held its second AMA of 2021 with Vite COO Richard Yan, Director of Engineering Allen Liu, and Brand Ambassador Sichen Huo.https://medium.com/media/2e2088f445f2f61e5284c5fc3113ad5e/hrefTrading pairs EPIC/BTC and EPIC/USDT Eligible for 5X Market-making As Mining Rewards Through March 29From March 22nd and through Mar 29th, trading pairs $EPIC/BTC and $EPIC/USDT were eligible for 5X market-making as mining rewards.Mainnet VITE deposit/withdrawal on UpbitKorea Opened on March 23On March 23rd, mainnet VITE deposits and withdrawals were opened for the Upbit users.New Listing: HFI/USDT Pair on ViteXOn March 26, ViteX listed HFI/USDT. HFI is a decentralized aggregate mining platform based on the Huobi Ecological Chain (HECO).Vote for Vite on Cryptocurrency Checkout!Every few months Cryptocurrency Checkout provides an opportunity with their community to vote for their favorite coins to be listed on their platform completely free of listing fees. Vite is in the running! Find out how to vote for Vite in their tweet below!body[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;} — @crypto_checkoutfunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height);resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}Community Contributions and ShoutoutsOur Vite Developer Fund rewarded 20,000 VITE to @VITEtools for their work on vitetxs.de. Check out our tweet below and let us know what you think of their work!body[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;} — @vitelabsfunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height);resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}Shout out to a new Telegram Group formed here: https://t.me/ViteXNationShout out to our new Korean Kakao Community formed here: https://open.kakao.com/o/gWp9av5cbody[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;} — @vite_newsfunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height);resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}Vite and VX DataOfficial: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchKorean Kakao Community: https://open.kakao.com/o/gWp9av5cReddit: https://www.reddit.com/r/vitelabs/Discord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enVite Bi-weekly Report was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

21. 04. 01

Vite Incentive Plan — Full ...

Vite Incentive Plan — Full Node Reward Program UpgradeThe Vite full node incentive program has been upgraded several times since firstly launched in the Vite Testnet in November 2018. As of August 2020, the stable number of full nodes on the Vite global network has reached over 700, 2000 at peak.Full nodes are the cornerstone of blockchain. They participate in the transaction verification and help maintain the correctness of the data. To encourage more to join the Vite Mainnet and earn rewards, we decide to launch the Vite Full Node Reward Program III, the updated version of the Vite Full Node Incentive Plan. Compared with the current program, it’s more flexible and giving out more rewards.The program’s details are as follows.Current full node rewards:The full node rewards come from the Vite ecosystem funds. The daily base reward is 5,700 VITE, and a temporary multiply factor of 2.6 is applied to the base to increase the daily full node rewards up to 14,820 VITE.Current full node rewards: 5700 * 2.6 = 14820 VITE/dayFull node rewards after upgrade:Full node reward pool: A new SBP “FullNodePool” will be set up (server & maintenance costs covered by Vite Labs). Vite Foundation will vote 10 million VITE for FullNodePool, and all income of the SBP, including block creation rewards and voting rewards, will be shared by all eligible nodes.Extra incentives: Based on the size of the day’s full node reward pool, the Vite Foundation provides additional incentives. The incentives are determined as follows:a. When the size of the full node reward pool is no more than 8,000 VITE, an amount of 1:1 additional incentives are provided.b. When the size of the full node reward pool is above 8,000, the additional incentives are determined by the following equation.In the following graph, X is the size of the full node reward pool, and Y is the Vite Foundation extra incentives. The curve shows how the incentives go up when the pool expands.Scheduled upgrade time: 14:00 on April 3, 2021 (UTC + 8)Reward pool SBP name: FullNodePoolReward distribution time: Starting at 13:30 (HKT) dailyNote:The total specific daily rewards are dynamic and based on the equation;Rewards will be shared equally by all live (uptime is above 90%) full nodes in the pool;A new staking contract will be deployed to align with the upgrade.Existing full-node operators are required to cancel the original staking and re-stake for the new smart contract after 14:00 (UTC+8) on April 3.A 72-hour migrating window will be granted, from 14:00 (UTC+8) on April 3 to April 6. During the migration, full node rewards will be distributed based on the up-time of April 2. Starting from April 6, the reward distribution will follow the new program.How to run a full node: https://vite.wiki/tutorial/node/install.html#installationThe Vite Foundation reserves the right of final interpretation.Official: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enVite Incentive Plan — Full Node Reward Program Upgrade was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

21. 03. 29

ERC-20 VITE Token Migration...

An initial step of our Vite 2.0 gameplanWe are pleased to announce the release of a new VITE ERC-20 token, as outlined in initial steps of our Vite 2.0 gameplan. This move will expand the liquidity of the VITE asset, and as a side effect, put upward pressure on its value in the long run. This is also in line with our general strategy of giving assets on the Vite chain greater access to the broader blockchain ecosystem, such as that for Ethereum.For the sake of convenience, we will call this new token V2E in this document. Here is V2E’s token contract on Ethereum. As you know, there is another VITE ERC-20 token circulating in the market. We will call it V1E. V1E will be replaced by V2E, because the latter will be the new official VITE asset issued on Ethereum.Note that the total supply of VITE will not increase. The mapping between V1E and V2E is 1:1, and the mapping between V2E and native VITE is also 1:1. If V2E increases in circulating supply, the native VITE will decrease in circulating supply (via lockups).Below you will see instructions for how to do two-way swap between V2E and native VITE, and how to convert from V1E to V2E.Swap between V2E and native VITEWe will upgrade our Web App to allow this swap at March 30, 2021, 12:00 (UTC+8). Again, note that the total supply of all VITE assets remains the same.Here are the instructions for swapping between V2E and native VITE, via the Web App:How to make VITE conversion between new ERC20 and nativeConvert V1E to V2E, and Convert from V1E to VITEV1E is currently traded on Bittrex, Bilaxy and Hotbit. All these exchanges have committed to sunset V1E. Bittrex and Bilaxy will allow users to convert to native VITE, and Hotbit will allow users to convert to V2E. Here are details with respect to each exchange:Bittrex already made a related announcement here.Please follow Hotbit and Bilaxy for similar announcements before March 30.If your V1E is not custodied at any of the above exchanges, here is how to convert to V2E or VITE:V1E → V2EHow to migrate ERC20 VITE token to new contractV1E → Native VITEHow to make VITE conversion between new ERC20 and nativeAs stated earlier, the mapping between V1E and V2E is 1:1, and the mapping between V2E and native VITE is also 1:1. The total supply of VITE will not increase as a result.If you have any questions, contact us in one of our Telegram groups below.Official: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enERC-20 VITE Token Migration Announcement was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

21. 03. 25

Vite Bi-weekly Report

Mar 1–15, 2021Project UpdatesVite Labs CEO Delivers New Info on Vite 2.0 in Recent Letter to the CommunityOn March 9th, Vite Labs CEO Chunming (Charles) Liu issued a letter to the community with more details about Vite 2.0. In the letter, Charles shared four key “to-do’s” which include: building connections with other blockchains through ViteBridge, improving Vite’s capability with other blockchain tech stack, supporting more blockchains through Vite’s product suite, and issuing wrapped tokens on other major blockchain networks.You really don’t want to miss out on this letter! Read Charles’ full letter here.Key ActivitiesViteX Has Distributed $5.8M in Dividends So FarWe are proud to announce that our token, VX has distributed $5.8M in dividends to our users. To make sure you can get dividends from VX, learn how to stake VX on our exchange in this Twitter thread at @ViteXExchange.Nami.Exchange Lists VITE & NAMI/USDT Eligible for 10x Market-Making as Mining on ViteXOn March 10th, Nami.Exchange listed our VITE coin on their exchange for VITE/USDT trading pairs. Click here for more information.NAMI/USDT trade pairs became eligible for 10x Market-Making as Mining on our ViteX decentralized exchange on March 5th.ViteX Lists AUTO/USDT PairOn March 11th, ViteX newly listed AUTO/USDT paring on our DEX exchange. AUTO, also known as Autofarm, is a hyper-optimized cross-chain yield aggregator deployed on Binance Smart Chain and the Huobi ECO Chain.VITE Mainnet Coin Soon Trading on Upbit ExchangeSoon, Upbit users will be able to trade VITE on Upbit! Please note that VITE’s existing deposit address will be unavailable due to a deposit stoppage happening on 3/16 at 12:00 Korea Standard Time. Please refer to the following link for more info (in Korean and English): https://upbit.com/service_center/notice?id=1838Announcing our 100,000 VCP Retweet Contest WinnersWe want to thank all the participants of our Vite Community Points (VCP) Contest! The winners of the contest were announced on our Vite Labs Twitter handle here. Congratulations!body[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;} — @vitelabsfunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height);resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}Remember, VCP can be used to purchase swag and merchandise at global.vite.store. The more you give to Vite, the more VCP you get!ViteX AMAs: Epic Cash and Dune NetworkOver the last two weeks, we held not one, but two AMA’s with our friends at Epic Cash and Dune Network. The AMA with Epic Cash was held on our Vite Exchange Telegram channel at https://t.me/vitexexchange. A full transcript of the AMA is coming soon.Our AMA with Dune Network can be seen on our YouTube channel here. Make sure you check it out because we’re giving away 100 TON to the top five questions (20 TON each) posted in the comment section!https://medium.com/media/cc485344460ad01b6514e252890302b9/hrefCommunity Contributions and ShoutoutsOur friends at @vite_news on Twitter shared a great tweet below about our pending integration of the Binance Smart Chain (BSC) into ViteX. Check it out!body[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;} — @vite_newsfunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height);resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}We cordially welcome the team at VITEtools for building an awesome site, vitetxs.de. From this site, users can download all kinds of data such as transactions and mining data as .csv files. All data is in real-time from Vite’s blockchain or from the ViteX API. Well done!body[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;} — @chunming_liufunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height);resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}Industry ExchangesThe Blockchain Debate PodcastWe are looking for great guests to participate in our podcast to discuss and debate the world of blockchain. Previous debaters include thought leaders in the space like Jimmy Song, Haseeb Quereshi, Lyn Alden, Qiao Wang, and many others. Previous motions include:Bitcoin is a scam.Ethereum is too early for institutional money.China will lead the world in blockchain innovation.Diem is a glorified PayPal.…and many more.Interested in being a guest? Let us know!The Blockchain Debate Podcast is a channel for Vite Labs to connect and brainstorm with key thought leaders in the industry. Check out all the episodes here: The Blockchain Debate Podcast.You can also follow Richard on Twitter: @gentso09.Also, don’t forget to also follow The Blockchain Debate Podcast on Twitter: @blockdebate.Vite and VX DataOfficial: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enVite Bi-weekly Report was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

21. 03. 17

Retweet About Vite 2.0 and ...

Retweet About Vite 2.0 and Win 100,000 VCP!You can use VCP to purchase merch at our Global Vite StoreScore a chance to win Vite Community Points (VCP)! For this contest, participants must retweet Vite’s official content with a comment about Vite 2.0 and tag three friends for a chance to win 100,000 VCP! You can use VCP to purchase merchandise and swag at our Global Vite Store!Contest Timeframe: March 11 through March 14Retweet link: https://twitter.com/chunming_liu/status/1369553333250187266?s=21Contest participants must follow these accounts on Twitter: @ViteLabs , @ViteXExchange, @chunming_liu, and @gentso09.Join Vite’s official Telegram: https://t.me/vite_en.Any winners found cheating are subject to immediate disqualification and their winnings will be automatically forfeited another participant.Contest results will be announced within three working days after the campaign and rewards will be distributed during that time.Vite will randomly select 10 winners for this contest.Vite Labs reserves all rights to the process and final selections for this contest.What’s VCP? Learn more about it below or in our FAQs at vite.org/faq:VCP are Vite’s community credits. They are distributed for free to recognize community members who have made significant contributions to our platform, such as developing applications on Vite, written public articles about our ecosystem, made videos about products, or tweeted about us. Currently, VCP is mainly used for redeeming Vite merchandise (such as t-shirts and hats) in our ViteStore at global.vite.store. VCP will not be listed or traded in our exchange.Good luck!Official: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enRetweet About Vite 2.0 and will 100,000 VCP! was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

21. 03. 11

March 2021 — A Letter from ...

March 2021 — A Letter from Vite CEO, Charles LiuDear Vite Community:I hope you are having a fruitful Winter as we transition to a new Spring. As a follow-up to my previous letter about the cross-chain vision of Vite 2.0 (here’s the ViteBridge White Paper), I am writing to share with you some initial steps we will take to attain that vision.The goals for Vite 2.0 can be reduced to this: We plan to eliminate the boundaries between Vite and other ecosystems. Vite will actively embrace other blockchains with open arms. That is, we will actively join other ecosystems, and also welcome other ecosystems into Vite.So how do we get there? Here are four to-do’s. Some are a bit more long-term than others. The fourth one is the lowest-hanging fruit, and I go into a bit more details for that one.First, per details outlined in the whitepaper, and as the core service of ViteBridge, we will begin building connections between Bitcoin, Ethereum, and other blockchains such as Polkadot, BSC, HECO, OKChain, and, of course, Vite.Second, we will diligently improve Vite’s compatibility with other blockchain tech stack, particularly Ethereum, to make Vite more developer-friendly. In the future, Vite will maximize compatibility with tools already familiar to blockchain developers such as Solidity, Web3, Truffle, and Remix.Third, we will support more blockchains through Vite’s product suite and list high-quality projects in the public chain on our ViteX Decentralized Exchange.Fourth — again this is a low-hanging fruit and worthy of elaboration. VITE and VX will no longer be assets exclusive to Vite chain. We will look to issue wrapped tokens on Ethereum, BSC, HECO, OKChain, Polkadot, Solana, and so on.With wrapped tokens in place, users will be able to swap VITE and VX assets between any two supported chains on Vite App. Initially, we will allow this swap through the Vite Gateway; once ViteBridge is fully launched, the swap can be done in a completely decentralized manner.Please note that, as wrapped assets get issued on other chains, no new supply is being minted. That means there will be zero change to the total circulation or economic models of VITE or VX.Cross-chain issuance will drastically improve the liquidity and exposure of VITE and VX. Users can interact with Vite assets on their chosen blockchain and DeFi products. Here are examples of such interactions:Liquidity-mining through VITE/USDT on Uniswap.Staking VITE BEP-20 in Venus to earn interest.Choosing any wallet such as MetaMask, Ledger, or ImToken to hold VITE coins.Trading ERC-20 or BEP-20 VITE through any centralized exchange.Of course, swapping back to Vite-native assets on Vite AppThere you go — the four to-do’s toward our vision. I look forward to hearing your feedback on these plans. I hope you are as excited as I am.Best regards,Charles LiuOfficial: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enMarch 2021 — A Letter from Vite CEO, Charles Liu was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

21. 03. 09

Vite Bi-weekly Report

Feb 16-28, 2021Project UpdatesFull Node Rewards Program UpgradeTo incentivize full node operators and build the strength of our network, Vite will upgrade our current Full Node Rewards Program. In this new program, there will no longer be a fixed amount or cap for total daily rewards. The more full nodes in our network, the more rewards issued. All necessary development aspects are complete, and we are currently waiting to switch to the new full-node staking contract.Binance Smart Chain (BSC) IntegrationWe are currently integrating BSC into ViteX. Our development status is at 30% with integration upgrades for the Vite App and Web Wallet. Once integration is complete, ViteX will list the top projects from BSC’s ecosystem. In the meantime, BEP-20 USDT will be added onto ViteX which will dramatically reduce USDT withdrawal fees.Key ActivitiesVite Lists NAMI to ViteXOn February 25th, Vite listed NAMI token on our decentralized exchange, ViteX. Nami Corp. is a global fintech company working on blockchain-based investments and technology. To learn more about this listing, check out the release from Nami’s website: https://nami.io/en/tutorial/nami-token-is-officially-listed-on-the-vitex-exchange/.February Vite Community AMAOn February 26th, Vite held a Community AMA (Ask Me Anything) live stream on YouTube, our first AMA of 2021. The event featured Vite COO Richard Yan, Director of Engineering Allen Liu, and was moderated by Vite’s newest team member helping coordinate our business development and communications activities, Morgan Jones. During the hour-long event, all three participants answered questions from our Vite Forum, Twitter, Reddit and the live chat from our YouTube channel.As you can see, we had a lot of fun connecting with our community and answering your questions! To catch a replay of the AMA, check out the following link from our Vite Labs YouTube Channel, and make sure you like and subscribe for more updates: https://youtu.be/AmdlMkhuIt8Community Contributions and ShoutoutsIn mid-February, several members of our community developed a Vite fan chat on Telegram called ViteXNation — an unofficial Vite group for our community, by our community. The goal of the group is to boost fan awareness and support for the Vite’s decentralized exchange. The chat is managed and administrated completely by our community and we are excited to hear about all the great discussions surrounding blockchain, crypto, and the future of Vite on this platform. To join the channel, please check out this link: https://t.me/ViteXNationWe also want to give a big shoutout to Anton Anufriev for developing ViteX API. ViteX API enables users to complete trading operations on ViteX’s decentralized exchange without exposing private keys. It’s because of developers like Anton that Vite can remain on the cutting edge of crypto. Thank you, Anton! If you would like to check out our developer documentation so you can create programs from the Vite ecosystem, click here: https://vite.org/development.Industry ExchangesThe Blockchain Debate PodcastVite COO Richard Yan released a new episode of “The Blockchain Debate Podcast” on the topic: “NFTs Are A Fad.” Non-Fungible Tokens (NFTs) have lately become the crypto world’s newest market darlings. Business celebrities such as Mark Cuban and Gary Vee have become advocates for this asset class, but there are skeptics abound. The main criticism is that these digital goods are not inherently unique nor scarce, as is purported by their promoters and is considered the top reason for their lofty valuation.The guests for this episode are London School of Economics Professor Edmund Schuster and NFT Investment Fund Partner Andrew Steinwold.The Blockchain Debate Podcast is a channel for Vite Labs to connect and brainstorm with key thought leaders in the industry. Check out all the episodes here: The Blockchain Debate Podcast.You can also follow Richard on Twitter: @gentso09.Also, don’t forget to also follow The Blockchain Debate Podcast on Twitter: @blockdebate.VITE and VX DataOfficial: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enVite Bi-weekly Report was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

21. 03. 03

Vite Bi-Weekly Report

Feb 1–15, 2021Project UpdatesViteBridge Official AnnouncementOn February 12th, Vite CEO Charles Liu officially announced the new ViteBridge Whitepaper on Twitter. This paper proposes a generic and decentralized cross-chain transfer protocol to bridge all blockchains. This protocol will allow the unconstrained transfer of information and value between heterogeneous ecosystems and push our industry towards more openness and interoperability. For full access to the whitepaper visit https://docs.vite.org/go-vite/bridge/ViteBridge.html.Vite Website UpgradeRepresenting a major milestone for Vite 2.0 and on the same day of the ViteBridge Whitepaper release, Charles also unveiled our new website upgrade. The page contains a clean, user-friendly layout, updated designs, and an easy-to-use navigation menu and buttons to help our community take advantage of all the products Vite has to offer. While the website has changed, our website address is still the same, so check out www.vite.org to see the new fresh face of Vite.Vite Docs UpdateIn addition to our website, we also updated our Vite documentation page to allow for a more user-friendly, easily searchable experience. These updated pages will also offer developers more convenience in finding relevant documents to build Vite related applications. Check out our documentation page in the following link: https://docs.vite.org/go-vite/introduction/#ActivitiesVite & WeTeam Join ForcesOn February 10th, Vite Labs collaborated with Bi23 Labs to create a new generation of efficient team management and autonomous tools through WeTeam. This tool will support teams and enterprises based on the blockchain as well as digital token technologies by leveraging DAO models to provide support for data chaining, proposal governance, and team incentives.Teams can sign up for a WeTeam account by entering their enterprise e-mail with an official website domain name. From there, teams can set up incentives and governance tools to help promote team development.Read more about the announcement on our Medium page:https://medium.com/vitelabs/vite-weteam-join-forces-using-dao-tools-to-build-team-management-and-incentives-for-the-vite-36521bf659cVite COO Richard Yan Delivers Remarks on Vite 2.0 at #Binance Blockchain WeekOn February 5th, Vite COO Richard Yan gave a keynote at Binance Blockchain Week. Richard shared Vite’s technical characteristics and details about Vite’s product lineup. One key item raised by Richard was about the evolution of Vite’s work in developing a more robust cross-chain network through the Vite 2.0 plan. Through Vite 2.0, token holders of one chain can now participate in a completely different chain without spending additional resources in the new chain.To read Richard’s remarks, check out Vite Labs Medium page here: https://medium.com/vitelabs/full-transcript-vite-coo-richard-yan-delivers-remarks-on-vite-2-0-at-binance-blockchain-week-809e8a0b3fc0You can also watch Richard’s remarks and the rest of the conference video at #Binance Blockchain Week — Founding The Future — Day 4To learn more about our COO, follow Richard on Twitter @Gentso09 and his podcast The Blockchain Debate @blockdebate.Winners Announced for Vite 2.0 Quiz ContestOn February 4th, Vite has launched a quiz campaign where winners who get a perfect score, follow @ViteLabs on Twitter, and join Vite’s Official Telegram could win 500 VITE. Participants were asked to watch Vite 2.0’s official release video and complete a quiz with no mistakes. Congrats to the 10 winners of our contest!Check out the full announcement here: https://medium.com/vitelabs/answer-our-vite-2-0-quiz-for-a-chance-to-split-7-500-vite-d169e85a04d6More Contest Winners: Promote Vite 2.0 (ViteBridge) and Win VITEOn February 5th, Vite released another contest for the start of the month where Twittter users can retweet and win VITE. From February 4th to February 11th, participants promoted Vite 2.0 and tagged three friends for a chance to win up to 1,000 VITE. Many thanks to all who participated and congrats to our five lucky winners!Read more about this campaign on Medium: https://medium.com/vitelabs/promote-vite-2-0-vitebridge-and-win-vite-2f95b857b162Community Contributions and ShoutoutsWe want to send a major shoutout to one of our Community Superstars, Moe, for pulling together a very awesome new Vite browser, vitetxs.de, as a part of our Vite Community Wish List. Well done, Moe!Also, many thanks to NFT for creating and including us on a really cool Twitter campaign. A job well done to the team who set it up and congrats to the winners of that contest who won VITE for their participation.Industry ExchangesCrypto 101 PodcastVite COO Richard Yan sat down with Crypto 101 podcast host Bryce Paul to talk about Vite, decentralized exchanges, and their connections to the greater world of finance. Crypto 101 is a leading resource for people new to crypto and their interview with Richard will be featured at their upcoming Digital Currency Summit, happening February 23–25.The Blockchain DebateCOO Richard’s show ”The Blockchain Debate Podcast“ has published 23 episodes since it began in late-2019. Previous topics include the digital gold attribute of cryptos, practical use cases of smart contracts, the usability of enterprise blockchains, the sustainability of liquidity mining, and so on. This show is a way for the Vite team to build relationships with other thought leaders in the space.Some topics being planned include the viability of the NFT market, centralized vs decentralized lending, and if Bitcoin is bad for America. We are looking for interested debaters for the topics above and we are always open to new topics from our community!All episodes are available here at blockdebate.buzzsprout.comYou can also follow Richard and his podcast at @gentso09 and @blockdebateData on VITE and VXOfficial: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enVite Bi-Weekly Report was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

21. 02. 21

Vite & WeTeam Join Forces U...

Vite & WeTeam Join Forces Using DAO Tools to Build Team Management and Incentives for the Vite EcosystemSince October 2020, Vite has built a community-driven developer committee called the Vite Developer Committee (VDC). To facilitate this group, the Vite also established the Vite Developer Fund (VDF) which is hosted by the VDC to give back to our community members that have contributed to the Vite’s ecosystem. As a long-term partner of the Vite, Bi23 Labs is not only a safe and stable SBP, but also an active participant in Vite’s ecosystem. Because of this, Bi23’s team management and incentive dApp, WeTeam, has been successfully awarded a tech-grant from the VDC.Vite Labs is proud to announce that we have once again collaborated with Bi23 Labs to create a new generation of efficient team management and autonomous tools through WeTeam. This tool will support teams and enterprises based on the blockchain as well as digital token technologies by leveraging DAO models to provide support for data chaining, proposal governance and team incentives.Teams can sign up for a WeTeam account by entering their enterprise e-mail with an official website domain name. From there, team can set up incentives and governance tools to help promote team development.Team IncentivesTeams can reward their members for outstanding contributions to their organization with team tokens. These tokens can be converted into other incentives like options and benefits, and exchanged within their team or even across teams.Team GovernanceMembers who hold team tokens can participate in team governance to vote on whole team development.About WeTeamWeTeam (https://weteam.io/) is a team development program by Bi23 Labs dedicated to building dApps. Bi23 Labs has successfully developed and deployed dApps on public chains such as TRON, Celo and Vite and operates active validator nodes on more than 10 blockchains.Website: weteam.ioTwitter: @WeTeam_ioAbout the Vite Developer CommitteeThe Vite Developer Committee (VDC) is composed of core developers from the Vite community. SBP, operators, community administrators and other core members of the community are members of the VDC. Vite regularly funds the VDC to engage and encourage community developers in participating in Vite’s ecosystem. To ensure that funds are reasonably built into the Vite ecosystem, the VDC will manage and coordinates it’s supervision and governance.Official: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enVite & WeTeam Join Forces Using DAO Tools to Build Team Management and Incentives for the Vite… was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

21. 02. 10

Full Transcript: Vite COO R...

Check out Richard’s remarks and the rest of the conference video at https://youtu.be/6b28I0XX9qg?t=10991.Also, follow Richard on Twitter @Gentso09 and his podcast The Blockchain Debate @blockdebate.https://medium.com/media/f66ba29fa25b6b6cdea19be64b9297b6/hrefHi everyone, my name is Richard Yan, and I’m the co-founder of Vite Labs.It’s an honor to be a part of Binance’s annual conference. I’m excited to share with you today what Vite is about, what kind of progress we’ve been making since our founding in 2018, and what we’re looking to do in the near future.Vite is a smart contract platform, and we process transactions at a high throughput and with zero transaction fees. The reason why the network process so many transactions at once is because the smart contracts are built on a block-lattice ledger. The reason why the transactions are free is because our consensus algo is delegated proof of stake, and our block producers are paid with roughly 3% annual inflation of the token base, and don’t require additional fees.Our flagship product is our DEX called ViteX. It has an on-chain order-book and matching engine. All Vite-native assets trade with no centralized custody. This is different from Ethereum based DEX, for example, because transactions on Ethereum are slow and expensive. So Ethereum can’t accommodate use cases like high frequency trading. But we can.Technical features aside: users get ViteX native coins, which we call VX, when they trade on ViteX. They can also get VX by listing new coins. And there are a few other ways to earn VX — in general, users are rewarded when they do a few things in support of ViteX. Also, anyone can make a gateway on ViteX, so that means any coin can get listed as long as they can find a gateway willing to list them. And the owner of that gateway can collect listing fees and trading fees on the coins that get listed.So in summary — Since the two and a half years we’ve started this project, we implemented almost everything we set out to do in the whitepaper, and we created a product that served real demand.So what’s next? Well, let me first tell you about an observation we made during these two and half years of building the project. Perhaps this is nothing groundbreaking, but still worth bringing up. Obviously, many public blockchains have made their debut in the last few years. Everyone is trying to solve the scalability problem. Some had very legitimate solutions and have achieved genuine success in building community.So what’s next? Well, it’s become increasingly clear to us that the blockchain space is moving toward a multi-chain future. Each chain is its own tech, community, and network. It’s possible it will look like a one-chain-fits-most, but probably not a one-chain-fits-all type of deal. Projects with deep pockets, lots of early adopters and influential community leaders will certainly try to push for a multi-chain universe. Binance smart chain is one example. Also, there is already tech out there making it easy to make your own chains. Think Polkadot and Cosmos. Lastly, there may also be a need for application specific chains, where the community for such apps may not want the health of their network to be subject to the whims of the community of the underlying public blockchain.So, we think there will be a lot of needs for cross chain services. Allow holders of tokens in one chain to participate in activities of another chain, without spending additional resources to acquire tokens in the target chain. One example is cross-chain DeFi. Say you want to move your tokens from Solana into Ethereum to yield-farm on Compound, for instance.So that’s what we’re focusing on next. Cross-chain solutions. We will make Vite become the easy way to cross tokens between chains.So this is how we plan to do it:Say Alice wants to move her assets from Bitcoin chain to Ethereum chain. Vite will serve as a relayer chain between these two chains. So she would request a Bitcoin address from a special Vite smart contract. Then after she deposits into that Bitcoin address, relay nodes will notice this deposit and inform a Vite wallet contract. That contract will then mint an equivalent amount of wrapped tokens on the Ethereum chain.And when Alice wants to move her asset back from Ethereum to Bitcoin, the opposite process occurs. She sends her wrapped BTC tokens on Ethereum into a special address. Then relay nodes notice this and inform the Vite wallet contract to release the commensurate amount of Bitcoin.Anyone can run a relay node. To prevent nefarious behavior from relay nodes such as colluding to communicate an incorrect transaction in order to steal assets, the relay nodes are required to provide collateral as a security mechanism.Note that this approach is generic enough to work across all source chains and target chains.In addition, note that in Vite, each smart contract belongs to a consensus group, which is a group of nodes responsible for producing blocks for said contract. So this provides decentralized governance for the proper functioning of the relevant smart contracts.So to sum up, the Vite cross-chain solution has both universality and trustlessness.To roll out our cross-chain product, we will be releasing a number of things, including a detailed whitepaper and future milestones. And we will be looking for opportunities to become the cross-chain solution of choice for various source chains and target chains.We are excited for this next step in Vite’s journey. Thank you!Official: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enFull Transcript: Vite COO Richard Yan Delivers Remarks on Vite 2.0 at #Binance Blockchain Week was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

21. 02. 05

Promote Vite 2.0 (ViteBridg...

For this campaign, participants must retweet Vite’s official content with a comment about Vite 2.0 and tag three friends for a chance to win VITE. The top five retweets with the most likes win VITE.Prizes:Grand Prize: 1000 VITESecond Place (Two Winners): 500 VITE eachThird Place (Two Winners): 200 VITE eachContent Timeframe: February 4 - February 11Retweet link: https://twitter.com/vitelabs/status/1357382704157741056?s=20Contest Rules:Contest participants must follow the following accounts on Twitter: @ViteLabs , @ViteXExchange, @chunming_liu, and @gentso09.Join Vite’s official Telegram: https://t.me/vite_en.Any winners found cheating are subject to immediate disqualification and their winnings will be automatically forfeited to the next runner up.Contest results will be announced within three working days after the campaign and rewards will be distributed during that time.Vite Labs reserves all rights to the process and final selections for this contest.Official: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enPromote Vite 2.0 (ViteBridge) and Win VITE was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

21. 02. 04

Vite Bi-weekly Report

Project UpdatesViteBridgeWe recently performed some deep research regarding available cross-chain projects in the industry to ensure that we come up with a competitive and cutting-edge cross-chain solution - and some technical details of this solution are already finalized. Our solution, ViteBridge, is the first cross-chain protocol dedicated to universality under the premise of decentralization.The ViteBridge White Paper will officially be released soon after our final review is complete.Vite Website UpgradeBased on Vite 2.0’s official plan, Vite’s official website will undergo a major upgrade that will follow our new concept and slogan: “Bridging Every Blockchain in a Multi-chain Future.” Our new website, Vite 2.0’s first milestone, is coming soon.ActivitiesThe Community Wish ListOn January 21st, Vite released the Community Wish List. After two weeks of gathering community requests and suggestions, the Vite Developer Committee (VDC) collected 10 tasks from the community. After thoughtful review, the VDC selected the three top tasks which can be independently developed by our community. We welcome all our Community Developers participate in these tasks.Details for each task can be found here: The Vite Community Wish ListIndustry ExchangesVite COO Richard Yan released a new episode of “The Blockchain Debate Podcast” on the topic: “Diem is a glorified PayPal.” Diem aimed to be a global borderless currency with an install base of two billion. It was supposed to be a game changer for commerce and remittances. What are the ambitious promises and regulatory constraints around Diem? What are politicians’ biggest concerns about Diem? Will it end up getting reduced to a PayPal? How will Facebook make money from this? Our two guests will cover all of the above issues surrounding this heavily discussed currency.The guests for this episode are David Gerard, an author of two crypto books and a no-coiner who also writes a popular newsletter titled “Attack of the 50 Foot Blockchain”, and Bryce Weiner, a former Fortune 500 developer with more than 20 years of software engineering experience and nearly a decade in cryptocurrency development and monetization.The Blockchain Debate Podcast is a channel for Vite Labs to connect and brainstorm with key thought leaders in the industry. Check out all the episodes here: The Blockchain Debate Podcast.You can also follow Richard on Twitter: @gentso09.Also, don’t forget to also follow The Blockchain Debate Podcast on Twitter: @blockdebate.Data on VITE and VXOfficial: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enVite Bi-weekly Report was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

21. 02. 03

The Vite Community Wish List

After two weeks of gathering community demands, the Vite Developer Committee(also known as the VDC) collected 10 tasks from the community. The VDC thanks all community members for their participation. After careful review, the VDC believes the following three tasks can be independently developed by the community. If you are a community developer, please participate in the development of any of the tasks below. Details for each task are:Task 1: Build A New Vite Block Explorer That Supports Exporting Transactional History (to TXT, CSV, etc.)Function Description: functions include, but are not limited to the following:Homepage Display: The homepage should display Vite’s market cap, the total number of transactions/addresses/full nodes, latest snapshot blocks, latest transactions, and other details.SBP List and Details: The SBP page should display all SBPs. When choosing a specific SBP from the list, the link will open to an SBP details page displaying the SBP’s name, the number of votes, block producing addresses, and other details.Transaction List and Details: The transactions page should display each transaction hash, token, transfer quantity, from and to addresses, status, time of day, confirmation number, notes, and other details.Token List and Details: The token page should display the token ID, symbol, full name, amount issued, decimals, owner name, and other details.Address Details: The address page should display the wallet balance and exchange balance of all tokens for the given address.Award:Basic rewards: 200,000 VITEAdditional rewards: Up to 50,000 VITETask 2: Develop a VITE Wallet Browser Extension (See MetaMask for Ethereum)Function Description: functions include, but are not limited to the following:Account Creation: Users can create a new account and import any existing accounts from a compatible mnemonic seed.Signing Transactions: Users can sign transactions on the Vite network.Check Balance: Users can check their wallet balance for their most current Vite address.Award:Basic rewards: 180,000 VITEAdditional rewards: Up to 40,000 VITETask 3: Implement a “Viswap” like Liquidity Pool and Frontend UI That Satisfies Demand for Swapping Digital Assets on ViteXFunction Description: functions include, but are not limited to the following:Login: Users can sign in through ViteConnect on the Vite App.Check Balance: Users can check their exchange balance for their most current Vite address.Swap: Users can swap tokens that are listed on ViteX and leverage a liquidity pool.Award:Basic rewards: 150,000 VITEAdditional rewards: Up to 30,000 VITEApplications Rules:Submit an application form at https://forms.gle/pmgxuF9aT4nqydkp6.Selected applicants will be announced in one week.Tasks should be completed over the next two months.To qualify, applicants must show all work including detailed, open-sourced code on GitHub and a URL link for the application.Programs must have English language support.A mockup UI can be customized in the developerʼs preferred style but it should be neat and aesthetically pleasing.After the VDC completes their final review, rewards will be granted to the developer within the next three months, one-third of the total rewards per month; If the developer runs an SBP, they can also choose SBP votes instead of a direct reward. Voting will be conducted by the Vite Foundation for the designated SBP.For UI-related tasks, the developer should apply for a website and they will be responsible for maintaining the project. Extra rewards will be granted if the project maintains good status.The developer will receive a basic reward by completing all the above-mentioned functions and passing the VDC’s review. The VDC can decide to grant additional rewards if the completed task is of high quality.All rights reserved by the Vite Developer CommitteeVite Developer Fund Address: https://vitescan.io/address/vite_92a5e2d145d09de390bfae01aac4357ea0bcc0d241ecf91ee9Complete Community Needs Wish ListBuild a new Vite block explorer that supports exporting transactional history (to TXT, CSV, etc.)Develop a VITE wallet browser extension. (See MetaMask for Ethereum)Implement a “Viswap” like liquidity pool and frontend UI that satisfies the demand for swapping digital assets on ViteX.Add a “Switch Node” function to support using a 3rd party node in the Vite app.Add a “Nonce” option when sending Ethereum transactions in the Vite app.Additional language support in the Vite app.Build a go-Vite version running on ARM.Only active VX holders can receive dividends (I suggest wallets to be eligible for receiving dividend rewards from VX staking and VX rewards from staking as mining only if wallets are Active during the past 12 Months/1 Year)Add multiple fiat currency pricing in the App. (There is no exchange between users in the Vite wallet that enables users to change their national currency to cryptocurrency in the wallet itself.)Add user guidance in the App. (The Vite app needs to improve its user guidance and functionality information which should always be readily accessible on the app)Official: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enThe Vite Community Wish List was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

21. 01. 21

Vite Bi-Weekly Report

Jan 1–15, 2021Project UpdatesViteBridgeViteBridge, as the keystone in the Vite 2.0 framework, will be our next focus in the 2021 roadmap. ViteBridge is a universal decentralized cross-chain transfer protocol that builds bridges between different blockchains and allows the free flow of value across boundaries, thereby breaking the barriers between various closed ecosystems and in order to build a more open system.ViteBridge makes Vite “Not just yet another blockchain”, but a freeport providing decentralized cross-chain services for all existing blockchains.At present, the high-level technical plan of ViteBridge has been completed, and some details are still being confirmed.ActivitiesThe ViteX New Year CampaignAs of 12:00 on January 10 (UTC+8), the 2-week ViteX New Year campaign is closed. Users who have traded, placed orders, invited new people, or staked on the ViteX exchange during the time will receive New Year gifts from ViteX. All rewards have been distributed on January 11th.Link to the campaign: https://medium.com/vitelabs/vitex-campaign-for-ringing-in-2021-be0b048fcdbfViteX opened XRP/BTC trading pair 5 times pending order miningFrom January 6 at 3:00 pm to January 13 at 3:00 pm (UTC+8), market-mining for XRP/BTC will see a 5x boost in mining rewardsThe Blockchain Debate PodcastVite Labs COO Richard Yan is planning a new episode of “The Blockchain Debate Podcast.” This episode is about whether Ethereum is a sound investment or speculative instrument. This is particularly relevant as Ethereum’s price is now near an all time high. And this debate will be relevant for evaluating smart contract platforms in general.The guests of the debate will be Qiao Wang and Lyn Alden. Qiao is a crypto entrepreneur, trader and angel investor; and Lyn is an asset management professional, macroeconomic researcher, and Bitcoin supporter.This podcast also serves as a channel for Vite Labs to connect and brainstorm with thought leaders in the industry. Listen here: https://blockdebate.buzzsprout.com and follow the show on Twitter: https://www.twitter.com/blockdebateAlso, follow Richard on Twitter: https://www.twitter.com/gentso09Data on VITE and VXViteX 2020 Annual ReviewOfficial: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enVite Bi-Weekly Report was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

21. 01. 19

Vite Bi-Weekly Report

Dec 16–31, 2020Project UpdatesVite AppVite iOS App v3.9.0 (supporting native BTC wallet) is in the final testing stage and will be released soon. In this release, users can use the same mnemonic phrase to store BTC, ETH, and Vite, all in the Vite app.Vite Android App v3.8.0 (new Asset tab) has been released last week. We have received many feedbacks including good reviews as well as bug reports. In the next version, we will focus on code refactoring, product experience improvement, and comprehensive security testing.Recent MilestonesVite Labs CEO Charles Liu Releases Letter to the Vite CommunityOn December 30th, Charles wrote plans for Vite 2.0 in the year 2021. With this future upgrade, the Vite network will become more decentralized, open, and transparent.A (Technical) Letter to the Community from Vite Labs CEO Charles LiuVite App Version 3.8.0 Released on AndroidOn December 23rd, Vite App Version 3.8.0 was released on Android, with a key improvement: Asset View. This upgrade further streamlines the user experience and makes the trading experience on Vite app on par with centralized exchanges.Download the latest version of the Vite App on Android here: Vite walletVite Developer Committee Seeks Feature/Project Requests from the CommunityOn December 30th, the Vite Developer Committee (VDC) released its inaugural feature/project request to our community.After collecting said requests, the VDC will finalize projects and set rewards during its meeting. VDC will encourage participation from community developers in building out the ecosystem together.Original announcement:Vite Developer Committee — We are Looking to Fund New Projects!Submit your suggestions here:https://medium.com/media/202da300ea6094de16faedf65da0c5d2/hrefVITE Token Listed on the StealthEX ExchangeOn December 21st, VITE tokens were listed on the StealthEX exchange, and users can purchase VITE tokens and exchange other cryptocurrencies.New Year Campaign from ViteXAs a thank-you for our community users, from December 28 at noon to January 10 at noon (UTC + 8), users that participate in trading-as-mining, limit-order-as-mining, referral-as-mining, and staking-as-mining on the ViteX exchange will receive additional rewards, from a pool of 80,000 VITE.ViteX Campaign for Ringing in 2021!ViteX Burn, Staking, Dividend dataA reminder that holders of VX can receive ViteX exchange dividends (BTC, ETH, USDT), and the community is welcome to actively participate in VX mining.Check out the ViteX Exchange here: ViteX, Exchange By the Community, For the CommunityActivitiesThe Blockchain Debate PodcastVite COO Richard Yan will release a new episode of “The Blockchain Debate Podcast” on the topic “Tether has always been operating in bad faith.” In the current bull market, BTC/USDT volume has far exceeded that for BTC/USD. This has invited public scrutiny on Tether’s black box operations. Simultaneously, the voices defending Tether’s legitimacy have also become louder. In this episode, our debaters will shed light on this controversial stablecoin and help market participants make informed decisions.The guests of this episode are Bennett Tomlin, a blockchain anti-fraud research commentator, and an analyst from the blockchain news outlet “The Block,” Larry Cermak.The Blockchain Debate Podcast is a channel for Vite Labs to connect and brainstorm with key thought leaders in the industry. Check out all the episodes here: The Blockchain Debate PodcastYou can also follow Richard on Twitter: https://www.twitter.com/gentso09Also, don’t forget to follow The Blockchain Debate Podcast on Twitter: https://www.twitter.com/blockdebateOfficial: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enVite Bi-Weekly Report was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

21. 01. 19

Vite Bi-Weekly Report

Dec 16–31, 2020Project UpdatesVite AppVite iOS App v3.9.0 (supporting native BTC wallet) is in the final testing stage and will be released soon. In this release, users can use the same mnemonic phrase to store BTC, ETH, and Vite, all in the Vite app.Vite Android App v3.8.0 (new Asset tab) has been released last week. We have received many feedbacks including good reviews as well as bug reports. In the next version, we will focus on code refactoring, product experience improvement, and comprehensive security testing.Recent MilestonesVite Labs CEO Charles Liu Releases Letter to the Vite CommunityOn December 30th, Charles wrote plans for Vite 2.0 in the year 2021. With this future upgrade, the Vite network will become more decentralized, open, and transparent.For more details on Chuming’s letter, check the following link on Medium here: A (Technical) Letter to the Community from Vite Labs CEO Charles LiuVite App Version 3.8.0 Released on AndroidOn December 23rd, Vite App Version 3.8.0 was released on Android, with a key improvement: Asset View. This upgrade further streamlines the user experience and makes the trading experience on Vite app on par with centralized exchanges.Download the latest version of the Vite App on Android here: Vite walletVite Developer Committee Seeks Feature/Project Requests from the CommunityOn December 30th, the Vite Developer Committee (VDC) released its inaugural feature/project request to our community.After collecting said requests, the VDC will finalize projects and set rewards during its meeting. VDC will encourage participation from community developers in building out the ecosystem together.Original announcement: Vite Developer Committee — We are Looking to Fund New Projects!Please submit your suggestions here: https://forms.gle/q3giXQN2k3ZxkZb67VITE Token Listed on the StealthEX ExchangeOn December 21st, VITE tokens were listed on the StealthEX exchange, and users can purchase VITE tokens and exchange other cryptocurrencies.ViteX ExchangeVX Distributed More Than $2.3M in DividendsAs of December 22nd, VX issued dividends of more than $2.3M. VX has a current circulation of 14,314,536 VX, with a mining volume of 12,858,266 VX. VX’s mining rate is 89.8%. Holders of VX can receive ViteX exchange dividends (BTC, ETH, USDT), and the community is welcome to actively participate in VX mining.Check out the ViteX Exchange here: ViteX, Exchange By the Community, For the CommunityViteX New Year’s ActivitiesAs a thank-you for our community users, from December 28 at noon to January 10 at noon (UTC + 8), users that participate in trading-as-mining, limit-order-as-mining, referral-as-mining, and staking-as-mining on the ViteX exchange will receive additional rewards, from a pool of 80,000 VITE.Details: ViteX Campaign (80,000 VITE) for Ringing in 2021! | by Vite Editor | Vite Labs | Dec, 2020ViteX Burn, Staking, Dividend dataA reminder that holders of VX can receive ViteX exchange dividends (BTC, ETH, USDT), and the community is welcome to actively participate in VX mining.Check out the ViteX Exchange here: ViteX, Exchange By the Community, For the CommunityActivitiesVite COO Richard Yan will release a new episode of “The Blockchain Debate Podcast” on the topic “Tether has always been operating in bad faith.” In the current bull market, BTC/USDT volume has far exceeded that for BTC/USD. This has invited public scrutiny on Tether’s blackbox operations. Simultaneously, the voices defending Tether’s legitimacy have also become louder. In this episode, our debaters will shed light on this controversial stablecoin and help market participants make informed decisions.The guests of this episode are Bennett Tomlin, a blockchain anti-fraud research commentator, and an analyst from the blockchain news outlet “The Block,” Larry Cermak.The Blockchain Debate Podcast is a channel for Vite Labs to connect and brainstorm with key thought leaders in the industry. Check out all the episodes here: The Blockchain Debate PodcastYou can also follow Richard on Twitter: https://www.twitter.com/gentso09Also, don’t forget to also follow The Blockchain Debate Podcast on Twitter: https://www.twitter.com/blockdebateOfficial: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicIndonesian: https://t.me/vite_indonesianDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enVite Bi-Weekly Report was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

21. 01. 15

Vite Developer Committee — ...

Vite Developer Committee — We are Looking to Fund New Projects!On December 3, 2020, Vite community developers from all over the world first connected to a Zoom video conference on the formation of the Vite Developer Committee (VDC), the election of the first batch of committee members, and the allocation of the developer funds. After the meeting, the list of first committees are announced at https://twitter.com/vitelabs/status/1337523902428299264 (Global) and https://forum.vite.net/topic/4416/vite (Chinese)The conference video can be found here: https://www.youtube.com/watch?v=r_J7ZqkHRD4Announcement of Vite Developer Committee Formation: https://forum.vite.net/topic/4346/viteVite Developer Fund Address: https://vitescan.io/address/vite_92a5e2d145d09de390bfae01aac4357ea0bcc0d241ecf91ee9According to the schedule, the VDC will formally start to solicit the development tasks/requirements that you believe the best suit, or the most urgent features/functions you would like to see on Vite. In the next committee meeting, the committee members will discuss the development tasks and allocate reasonable rewards to encourage the engagement of capable community developers into the construction of the Vite ecosystem.Here is an initial list of projects:Build a new Vite block explorer that supports transaction history export (to txt, csv, etc.)Develop a browser extension wallet such as MetaMask for Ethereum.Add a “Switch Node” function to support using a 3rd party node in the Vite app.Add a “Nonce” option when sending Ethereum transactions in the Vite app.More languages support in the Vite app.Build a go-vite version running on ARM.Implement a “Viswap” like of liquidity pool and frontend UI that satisfies the demand for swapping digital assets on ViteX.If you have any ideas or suggestions please feel free to let us know by filling in the following form.https://forms.gle/q3giXQN2k3ZxkZb67Your Telegram ID:Feature-to-add:Detailed description:Example (if any):Official: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enVite Developer Committee — We are Looking to Fund New Projects! was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

20. 12. 30

A (Technical) Letter to the...

Looking forward to 2021Dear Vite Community:The Vite team was established in June 2018. Over the last two years, we delivered a number of high-quality products and services, and successfully created a high-performance, zero-fee public chain. The Vite chain now powers many real-world applications such as decentralized exchanges and payment, and has accumulated a wide range of global users.Does this mean that it’s “mission accomplished” for Vite? On the contrary, and in my humble opinion, our work is just getting started. We have long-term goals, and we are excited about the work ahead of us.Vite 2.0If we call our work up to this point Vite 1.0, then we are now officially entering our next phase, Vite 2.0.Vite 1.0 focused on solving the contradiction between the efficiency and cost of blockchain; Vite 2.0 will focus on how to make Vite a more decentralized platform.DecentralizationThe core value of blockchain technology lies in decentralization. The essence of decentralization is mainly manifested in the following three aspects:Trustlessness — People’s trust does not need to be built based on human nature and law but based on mathematics and code. This new type of trust relationship will not be shaken by individuals, groups, or governments doing evil. The cost of trust is also lower.Competition — To maximize commercial profit, traditional business organizations instinctively pursue monopolies, and monopoly means centralization. The world of blockchain must allow competition and games to achieve the goal of decentralization.Openness — Any closed and exclusive competition will eventually lead to centralization. This is an important point and will be elaborated further in the section below.OpennessIn the world of blockchain, users should be allowed to choose freely, and value can flow freely between different networks, protocols, and ecosystems. This is because blockchain technology is still in the early stages of development. Different projects will explore in-depth in different fields. Some projects focus on value storage, some projects are more suitable for high-frequency transfer of value, and some projects focus on privacy protection. and there are many other projects in development. At this stage, there will not be an exclusive, monopolistic agreement that will replace other agreements. Ethereum will not replace Bitcoin, and Cosmos and Polkadot will not replace Ethereum, because each platform has its unique value.In summary, openness means that users are allowed to choose freely, without being forced to abandon one blockchain to use another. Therefore, the design of agreements, products, infrastructure, and governance systems in Vite 2.0 should fully follow the requirements of openness. Vite should not become a substitute for other blockchains but should become a “Free Port” in the world of blockchains, a hub of blockchains between all blockchains.Specific GoalsTherefore, what steps should we take to increase the decentralization of Vite and create a more open blockchain ecosystem?TechAt the technical level, we will need to improve the Vite protocol to achieve cross-border asset transfer capability.Firstly, unlike a notary mechanism based on private keys or multiple signatures, this improved, “bridge” protocol (which is tentatively called the Vite Bridge protocol) is completely decentralized. If this goal is successfully achieved, ViteX will become the safest and most open DEX in the industry. Users can freely trade any asset, whether it is a token on the Vite chain or assets on other public chains. The safety of these assets will not be threatened by any team or individual.Vite Bridge differs from other “cross-chain” projects in that it is a completely open protocol that focuses on establishing connections with all blockchains. As long as Vite Bridge is implemented, any public chain can realize the cross-border asset transfer through Vite and other public chains.Cosmos and Polkadot are representatives of such cross-chain projects. They provide mechanisms for interactions between chains within their respective protocols, but they cannot support interactions across protocols. For example, a Cosmos ecosystem cannot interact “cross-chain” operations with a PolkaDot ecosystem.Technically, the essence of the decentralized bridge protocol lies in how to implement the consensus algorithm of another blockchain on one blockchain, to determine whether transactions on another blockchain are legal within one blockchain.Specifically, the core technology of Vite Bridge is how it runs Vite’s “micro node” on all blockchains, and how it runs other blockchain micro nodes on Vite.Our current thinking, although this is subject to change as our design evolves, is that Vite Bridge is divided into two layers: Transport Layer and Protocol Layer.Transport Layers are responsible for the bilateral transmission of transactions on Vite and transactions on other blockchains through a set of relay nodes;Protocol Layers use smart contracts running on Vite and other blockchain virtual machines to lock assets, issue additional assets, and verify the legitimacy of cross-chain transactions.The technical challenge of Vite Bridge mainly comes from how to adapt to the specificity of different blockchains.Furthermore, becoming compatible with some weak virtual machines, or even blockchains without virtual machines is also a difficult task in designing Vite Bridge.ProductAt the product level, we will work to open the entire technology stack, service stack, and product stack to the community.The products and services we currently provide, including Vite nodes, SDKs, block explorers, wallets, Vite Connect, ViteX exchange APIs, and ViteX.net will be fully open-sourced to the community with helpful documentation and proper tech support.The main tasks include:Decoupling between different components of the protocol stack to reduce their dependence on each other, so they can mix and match more freely.Optimize the design of basic services and reduce the cost of deployment and maintenance.Encourage product diversification and interchangeability to reduce the risk of single-node failure. In other words, even if the official API, website, or mobile app is unavailable, users can still utilize other third-party products.GovernanceAt the governance level, we will expand the scope of community governance and establish DAO. Soon, Vite’s major decisions will be decided by a token holder vote. Major updates to the ViteX exchange will also be decided by token holder vote.Of course, community governance is not as simple as leaving all projects solely up to the community. As an important member of the community, the Vite team will continue to shoulder our responsibilities in infrastructure innovation, product development, market operations, and business expansion.Our VisionThe competitiveness of Vite will come from creation of real applications and the growth of real users. Vite must continue to meet the real needs of users and provide core values ​​that other projects cannot replace. It cannot be just a “fun project,” and definitely not an “over-hyped” project.Vite’s positioning is not to replace other blockchains and create a closed value system. On the contrary, Vite will remain committed to inter-chain value flows, user sharing, and ecosystem openness with any other blockchain projects, and become, as mentioned earlier, a free port in the blockchain world.2021 RoadmapIn summary, the key goals for the Vite team in 2021 include the following:Vite Bridge — An Open Cross-border Asset Transfer Protocol.Vite DAO — Community governance of Vite’s public chain and the ViteX exchange.Open Product Stack — Open all Vite and ViteX services and products to the community and encourage third-party products and services participation.Vite Protocol Updates — Public chain protocol optimization and upgrades.Vite App Updates — Major revisions and upgrades to the Vite mobile wallet.Vite Techies Club and Vite Developer Committee — Hackathon and Grant opportunities.Thanks for your support, and happy new year!Best regards,Charles LiuOfficial: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enA (Technical) Letter to the Community from Vite Labs CEO Charles Liu was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

20. 12. 28

ViteX Campaign for Ringing ...

ViteX Campaign (80,000 VITE) for Ringing in 2021!In celebration of the new year, Vite Labs will be giving away a total of 80,000 VITE as a present to the entire Vite community!RulesFor two weeks, users who have mined VX through trading-as-mining, market-making-as-mining, referral-as-mining, or staking-as-mining on ViteX are eligible for receiving our giveaway.Campaign periodFrom December 28, 12:00 to January 10, 12:00 (UTC+8)Trade as MiningTotal giveaway: 16,000 VITE (equally shared by all eligible addresses)Eligibility: Traded at least once during the campaign periodMarket-Making as MiningTotal giveaway: 16,000 VITE (equally shared by all eligible addresses)Eligibility: Mined at least 100 VX through market-making during the campaign periodReferral as MiningTotal giveaway: 8,000 VITE (equally shared by all eligible addresses)Eligibility: Invited at least one new user with referral code during the campaign periodThe new user must complete a trade before the end of the campaign periodStaking as MiningTotal giveaway: 40,000 VITE (equally shared by all eligible addresses)Eligibility: Mined VX through staking (received mining rewards) before the end of campaign periodNotesNo limitation on trading pairs. You can perform trading or market-making on any qualified trading pair (for mining) on ViteX.Your reward will be distributed within 7 working days after the campaign ends.Vite Labs reserves all rights of interpretation.Thank you, and happy new year!Official: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enViteX Campaign for Ringing in 2021! was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

20. 12. 28

Vite Biweekly Report

Dec 1–15, 2020Project UpdatesVite AppVite iOS App v3.9.0 (supporting native BTC wallet) is in the final testing stage and will be released in 2 weeks. In this release, users can use the same mnemonic phrase to store BTC, ETH, and Vite, all in the Vite app.Vite Android App v3.8.0 (new Asset layout) will be released next week. A new “Asset” tab is introduced to improve digital assets management.Community DevelopmentA new iOS widget has been developed by a community member named Moe. The tool will check full node status on an iOS device. Moe is also a Vite Developer Committee member.The source code and documentation can be found here: https://github.com/theMoe/vite-Connect to previewRecent MilestonesVite Developer Committee List AnnouncedOn December 3rd, global developers from the Vite community convened for a kickoff meeting of the Vite Developer Committee. The video meeting focused on questions regarding the formation of the Vite Developer Committee, the election of its members, and funding allocation for developers. After the meeting, the Vite community can review the meeting’s contents, developer profiles, and vote to elect members of the first developer committee.List for non-China members of the committee:body[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;} — @vitelabsfunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height);resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}Replay of the kickoff meeting:https://medium.com/media/45efb57abe0282513e5c91e91f07e7e0/hrefVite Developer Committee Formation Announcement:Announcing the Vite Developer CommitteeVITE Listed On The SimpleSwap ExchangeOn December 11th, VITE tokens were launched on SimpleSwap exchange, and BTC/VITE, ETH/VITE trading pairs were opened. Check out the exchange by visiting the link below.SimpleSwap Exchange: https://simpleswap.io/ViteX ExchangeFrom November 26th to December 3rd, ViteX opened the IDNA/BTC trading pair three times pending order mining activity, participation during the event for IDNA/BTC trading pair pending order mining, and under the same conditions, you can get three times the reward of VX tokens.body[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;} — @ViteXExchangefunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height);resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}Second Batch Of Hidden Trading Pairs on ViteXAfter fully communicating with operators, ViteX announced the second batch of hidden trading pairs on December 8th on the ViteX Exchange Official Website. The website and app will hide items with inactive transactions, and hidden trading pairs will not be on the official website and App. Related assets are still controlled by users through their private keys, and security will not be affected.Second Batch of Hidden Trading Pairs Announcement:https://vitex.zendesk.com/hc/en-001/articles/360060486813-ANN-The-second-batch-of-hidden-trading-pairsViteX Burn Rate, Staking, and Dividend DataActivitiesCOO Richard Yan and Director of Engineering Allen Liu hosted a community AMA live video.Attendees shared key topics such as the Vite 2.0 technical structure, the operation of the Vite Developer Committee, and plans for potential VX listing on other exchanges. Check out the full video here:https://medium.com/media/2dd5ba9f3750762f5dca8b68d8290d65/hrefCOO Richard Yan is about to release a new episode of “The Blockchain Debate Podcast.” This episode is about whether Bitcoin will become a store of value. Although this is an old topic, now that Bitcoin has reached a new high and institutional investors are flocking to it, speculation of Bitcoin’s future has once again become a topic in mainstream finance.The guests of the debate are Jorge Stolfi and Lyn Alden. Jorge is a well-known computer scholar in Brazil and voiced doubts regarding Bitcoin; and Lyn is an American asset management practitioner, macroeconomic researcher, and Bitcoin supporter.body[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;} — @BlockDebatefunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height);resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}This podcast also serves as a channel for Vite Labs to connect and brainstorm with thought leaders in the industry. Listen here: https://blockdebate.buzzsprout.comAlso, follow Richard on Twitter: https://www.twitter.com/gentso09Also follow the official Twitter for the Blockchain Debate podcast here: https://www.twitter.com/blockdebateBlockchain accelerator Mouse Belt also interviewed Richard at their “Reimagine 2020” conference. Richard shared a forecast of the blockchain industry and Vite’s recent developments. Check out Richard’s remarks here:https://medium.com/media/8e7d723c3e88eed9883085d2956e35f3/hrefOfficial: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enVite Biweekly Report was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

20. 12. 18

Vite Bi-Weekly Report

Nov 16–30, 2020Project UpdatesVite AppVite iOS App v3.9.0 is under development. In this version, we will support native Bitcoin wallet. We have finished the BTC address derivation module and in-wallet details page, and it is expected to be launched at the end of December. Users can use the same mnemonic phrase to store BTC, ETH, and Vite, all in the Vite app.Vite Android App v3.8.0 has also come into the last development stage. The core functions have been done, and it is expected to start testing next week and be released in early December. The functions of this version are consistent with iOS 3.8.0, which improves the layout of the asset page and add the “Asset” tab.At the same time, we removed the extra H5 trading and asset management page and optimized the text display for automatic staking on the dividend page.Community Development EffortsThe full node explorer developed by the community has been launched. Users can now query full node status including the node name, uptime, IP address and version by entering the Vite address and cycle number. We recommend all node operators to use this tool.Vite Full Node Explorer: http://ekte.pl/greedy/v03/Source Code: https://github.com/GreedyBastard/viteRecent MilestonesVite Developer Committee Begins FormationOn November 25, Vite released the information on the formation of the developer committee, recruiting developers from the community where the committee will jointly manage the Vite ecosystem fund together with the Vite team and community developers to build and govern the Vite developer ecosystem.The Vite Foundation will invest at least 500,000 VITE every month to establish the Vite Developer Fund, which is managed by the Vite Developer Committee and welcomes community developers to actively join.The first meeting of the Vite Developer Committee will be held at 23:00 (UTC+8) on December 3, 2020. Here’s the Discord group for the Vite Techies Club: discord.gg/ND94jnu8cYbody[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;} — @vitelabsfunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height);resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}Technical Articles SharingOn November 18th, we released the technical article: “Detailed Explanation of Vite Storage Layer Design — StateDB System Design,” which described at length the design principle and implementation form of the StateDB system.To support a fast rollback operation, StateDB implemented multiple versions and the kv data of each version will be associated with the corresponding snapshot height so that when the snapshot is rolled back, it can be restored to the target height very quickly.Tech Series #11: An Overview of Vite Storage LayerVITE Listed On Cryptoland ExchangeOn November 27th, VITE was launched on the Cryptoland exchange, opening VITE/BTC and VITE/USDT trading pairs. We invite all users to experience this platform.Direct link to Cryptoland Exchange: https://cryptoland com/en/exchangeCertain VX Trading Pairs Temporarily Reward 10x for Mining by Market-MakingFrom November 16th at 3:00 pm to November 23rd at 3:00 pm (UTC+8), market-mining for VX/BTC, VX/VITE, VX/ETH, VX/USDT trading pairs will see a 10x boost in mining rewards.body[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;} — @ViteXExchangefunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height);resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}ViteX Burn, Staking, and Dividend DataLearn about mining and dividends on ViteX: https://vitex.net/mineActivitiesThe Blockchain Debate PodcastVite COO Richard Yan is about to release a new episode of The Blockchain Debate Podcast. The topic is: Legally speaking, tokens are more like commodity than security. The US Securities Exchange Commission (SEC) proposed the Howey Test for the definition of a token, and some in the industry believe that because the attributes of the token are similar to that of precious metals, it should be regulated by the commodity legal framework, not the security legal framework. The show’s guests are two well-known blockchain lawyers, Gabriel Shapiro and Lewis Cohen.body[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;} — @BlockDebatefunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height);resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}This podcast is a channel for Vite Labs to connect with thought leaders in the industry.You can listen here: https://blockdebate.buzzsprout.com.Follow Richard on Twitter at https://www.twitter.com/gentso09.Follow the podcast on Twitter at https://www.twitter.com/blockdebate.Reimagine 2020 AppearanceOur COO Richard was a guest on the Reimagine 2020 conference for blockchain accelerator Mouse Belt and shared information about Vite’s technology, the characteristics of the ViteX exchange, and the evolution of money.body[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;} — @REIMAGINE_2020function notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height);resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}Official: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enVite Bi-Weekly Report was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

20. 12. 06

Announcing the Vite Develop...

A Vite Labs funded, community-run group to solicit, sponsor and supervise DApp development on ViteSummaryWe are creating a community-run Vite Developer Committee (“The Committee”) that will oversee the proposal, development, and reward of new projects on the Vite chain. Funding (currently set at 500k VITE per month) for project developers will be provided by Vite Labs.Organizing Principles for the CommitteePurpose of the CommitteeThe Committee is responsible for organizing community-based software development effort on the Vite chain.The Committee will consist of core Members of the Vite Techies Club. In case you’re unaware, Vite Techies Club is a group of technically-inclined Vite enthusiasts that regularly hold events discussing technical matters that concern the Vite chain. You may join the Vite Techies Club here: discord.gg/ND94jnu8cYCommittee Meetings and VotesThe Committee will meet at least once a month. The meeting frequency and date/time will be determined by the Committee Co-Chairs (more on this later).Due to timezone differences, it is understandable that a Committee Member may not make every meeting. The Co-Chairs should try to change up the meeting times to maximize amount of attendance.Each time a vote takes place, however, every Member should vote in a timely manner. A Member that fails to do so three times will be removed from the Committee.Initial Committee MembershipsMembers of the Committee will be determined from elections, and are subject to change from time to time per rules below.The initial candidate pool consists of community Members to be invited directly by Vite Labs. These individuals include SBP owners, gateway operators, community managers, other long-time community Members, and a few Members from Vite Labs.A meeting with all the aforementioned candidates will be held, where we will discuss the rules and processes outlined in this document, suggestions for efficiently and effectively running the Committee, and ideas for Developer Bounties.At the end of the meeting, individuals may formally declare their candidacy in joining the Committee. All participants in the meeting will vote for their top 15 choices (criteria: attendees with the best ideas and are the most active in contributing ideas). 15 Members with the most votes will become Members of the Committee. In particular, those with the most votes will become the Co-Chairs. A run-off election will take place in case of ties (e.g., if 10 Members had the same highest votes, and six Members had the same second highest votes. Then a run-off will take place for the six Members).Types of MembersThe Committee will initially consist of 15 Members, including 2 Co-Chairs.The Co-Chairs are responsible for setting meeting times, taking attendance, and leading discussion during meetings, and organizing the Committee to vote. Each Member has one vote. This applies to Co-Chairs as well.The Co-Chairs will be determined via a vote after the initial Committee meeting. To ensure maximal community input, the Co-Chairs may not be a team member from Vite Labs.Terms of MembersAll Members will serve three months. At the end of the three months, all Members, including Co-Chairs, will be up for re-election. Co-Chairs will be able to serve again if they are top two vote winners in the new election.From time to time, the Co-Chairs may host votes to add a Member due to their potential value-add to the Committee, or remove a Member due to their inactivity or lack of positive contribution to the Committee. If more than 2/3 of the Quorum (more on this later) agrees to add/remove, such action will be taken immediately. The motion to add or remove a Member can be suggested by any Member.Quorum for VotingFor any result of a vote to be effective, at least 2/3 of all Members must vote. One exception is the initial vote for deciding Committee Members.Supervision of CommitteeVite Labs will make sure that the Committee is fulfilling its responsibilities by having regular communication with the Committee Co-Chairs. See Disclaimer section for more details.Responsibilities of MembersThe general mandate is to increase the technical ecosystem for Vite: this includes getting new developers to build meaningful projects built atop the Vite chain.Specifically:Recruit software developers for dev bountiesDecide the list of new projects to build for each month, and their associated reward amountsCheck the work of each completed project, and vote to decide compensation for suchDev Bounty Projects and RewardsDev bounty projects are Vite-based projects approved by the Committee to solicit developers for. As will be explained below, the projects may have been suggested from a variety of sources.Scope of ProjectsEligible projects are software projects built on Vite chain. One example is a new block explorer. Another example is the recently completed full node query tool.Source of Ideas for ProjectsThe project ideas may come from Vite Labs, community Members (including the Committee), and developers looking to earn a reward.Rewards for ProjectsThe Vite Labs foundation will contribute 500,000 VITE per month to reward developers in building new projects. For each month, the Committee will decide how many projects to fund and how to allocate the rewards per project. The Committee will solicit developers (or there may be inbound requests from developers) and decide which developers to contract. Un-allocated rewards will roll over to the next month.The reward for each project will consist of two parts: the base reward and the bonus reward. When the Committee deems that a project is satisfactorily completed, the project developer receives the base reward. The Committee then decides how much of the bonus to reward the developer.Example: 10,000 VITE base reward + 5,000 VITE bonus reward has been set as Dev Bounty for a new block explorer. John Smith completes the project and receives the 10,000 VITE base reward. The Committee votes and decides that the quality of John Smith’s work deserves an additional 50% of the bonus reward, or 2,500 VITE.Note that sometimes, certain projects take significant effort to complete and a fair reward amount exceeds the monthly budget of 500,000 VITE, or whatever is remaining after deducting rewards for other projects. In this case, it may take multiple months for the developer of this project to receive his or her full compensation.Submission of Completed ProjectsWhen developers submit a completed project, they must include the following:Link to the most recent version of the productLink to github (the code must be open-sourced)Documentation that allows easy, subsequent developmentMonthly Committee WorkflowDisclaimersThis is an initial draft of the rules and processes for the Committee. It is subject to further discussion and subsequent finalization by the candidates for the initial Committee.Note that Vite Labs reserves rights of interpretation.Official: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enAnnouncing the Vite Developer Committee was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

20. 11. 24

Tech Series #11: An Overvie...

Get to know the magics of Vite storage? You should never miss out.The storage layer is responsible for the persistence of various data on the Vite chain, and providing key functions such as caching and sophisticated query. The data stored in Vite storage layer includes transactions (Transaction/AccountBlock), snapshots (SnapshotBlock), account states (AccountState), and virtual machine states (VmState).Business RequirementsEach type of data satisfies a special use case with unique data reading/writing requirements:TransactionIn Vite’s DAG ledger, a transaction (Tx/Transaction) presents as an AccountBlock. Except in some rare situation, a transaction is always initiated by a FromAddress and sent to a ToAddress, and called SendTx. When the account of ToAddress receives the transaction, a ReceiveTx will be generated and linked to the SendTx. Similar to other blockchains, it is possible to use the Tx hash to query the transaction, or find all transactions belonging to a certain account by the address on Vite. Additionally, querying based on the relationship between SendTx and ReceiveTx must also be supported.SnapshotThe snapshot chain is a special blockchain on Vite. Each SnapshotBlock in the snapshot chain stores the basic information of all transactions in the snapshot, and a link relationship is established between the SnapshotBlock and each Tx that has been snapshotted. Therefore, in addition to the query and traversal demands of the SnapshotBlock, SnapshotBlock and Tx must also be queried based on the indexed relationship between SnapshotBlock and Tx.Account state and virtual machine stateThe account state and the virtual machine state are very similar. They are both storage data structures used to indicate the state of an address. The difference is that the account state is associated with a common account, while the virtual machine state belongs to a contract. The state keeps changing during the execution of a transaction, so the state storage must be versioned to satisfy the update, traversal and revert. In addition, in order to have the external applications being aware of the state change in time, Event/VmLog should be supported for the convenience trace of changes.System DesignConceptual designThe general design purpose is to provide support for upper-layer business modules and improve reusability and system reliability by following the subsequent guidelines.Small file storageUsing small files of fixed size for both temporary storage and permanent storage of blocks. The performance of incremental writing and batch reading of small files is highly efficient, and it also takes into account the needs of random reading. It is very suitable for storing the massive blockchain transactions.IndexingUsing LevelDB to implement index storage. LevelDB has an excellent performance in batch incremental writing, which is very suitable for blockchain that has more writes but fewer updates. LevelDB supports endianness that facilitates the read/write of multi-version states through customized keys. It can also perform K-V based random reading and writing.CacheUsing cache to store hot data to make full use of the performance advantage of memory to speed up reads. Cache can be implemented to align with certain strategies.Asynchronous flushIn order to improve I/O performance, the persistent storage of data is flushed asynchronously. Two-phase commit is introduced to ensure data consistency, while ‘redolog’ is used to avoid the loss of uncommitted data.Data compressionUsing data compression to reduce the amount of data stored.Engineering implementationVite storage layer is implemented as the following three modules.blockDBblockDB realizes the storage of AccountBlock and SnapshotBlock. Considering that the data format is fixed, most blocks have a fixed size, and storing in small files. Multiple blocks are allowed to store in one file to reduce fragments and facilitate indexing.indexDBindexDB is used to index the location of blocks, and it also stores the relationship between various blocks.stateDBstateDB is used to store account states and virtual machine states. By carefully designing the byte positions of the LevelDB key, it can support multiple versions of data.SummaryThis article briefly introduces a high-level perspective on how the Vite storage layer has been designed in alignment with actual business needs. In the next article, we start to introduce the design details of the three modules mentioned above. Stay tuned!Tech Series #11: An Overview of Vite Storage Layer was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

20. 11. 18

Vite Bi-weekly Report

Nov 1–15, 2020Project UpdatesVite AppVite Android App v3.8.0 is expected to be released in early December, with a major reorg of the asset page and the app.The native BTC wallet will be supported in Vite iOS App v3.9.0, with which users can store native BTC, ETH, and Vite with the same mnemonics phrase in the Vite app. Vite iOS App v3.9.0 will be released in December.Developer ToolsTo facilitate developers to debug and deploy smart contracts on Vite, the Soliditypp VSCode extension has been upgraded, with the following updates:One-click contract deployment. Developers do not need to write additional deployment scripts any more;Multi-network support. Choose the local dev environment, the Vite testnet, or the Vite mainnet to deploy your contracts;New browser UI;ViteConnect supported when deploying onto the Vite mainnet.Installation link: https://marketplace.visualstudio.com/items?itemName=ViteLabs.solidityppRecent MilestonesVite Developer Committee to establish soonOn Nov 4, Vite CPO Blackey Hou announced on the Vite community livestream AMA that, Vite Labs will provide at least 500,000 VITE every month to reward software development by community members.The Vite Labs foundation will set up a Developer Committee responsible for collecting suggestions from the community, create plans for development, decide allocation of budgets, and supervise project outcomes. Members of this Committee will comprise mostly of the Vite community, following the decentralized and global ethos of the Vite project. The Committee will be organized around the principles of fairness and transparency.Look out for more information on how to join the Vite Developer Committee!ViteX ExchangeOn Nov 6, the ViteX operator VGATE listed Idena (IDNA), and opened the IDNA/BTC trading pair.Idena is a blockchain that proves a user’s human identity by running an AI-resistant test, without using personally identifiable information. The Idena blockchain uses a Proof-of-Person (PoP) consensus.ViteX rules for suspending the display of certain trading pairsOn Nov 4, ViteX released rules for hiding certain trading pairs. The ViteX website and app will no longer display non-active trading pairs. As mentioned in the previous biweekly report, relevant assets are still safe and custodied via users’ own private keys.Per our communication with gateway operators, we released the first list of hidden trading pairs: https://forum.vite.net/topic/4315/ann-the-first-batch-of-hidden-trading-pairsFor more information, see this announcement of decision to hide trading pairs: https://forum.vite.net/topic/4296/announcement-rules-for-hiding-trading-pairsViteX DataActivitiesChinese Community AMAOn October 21, Vite CPO Blackey Hou ran a livestream AMA in the Chinese community.The replay: https://www.yizhibo.com/l/XWpTDJaNkd3TNHJg.htmlThe Blockchain Debate PodcastVite COO Richard Yan hosted a new episode on ”The Blockchain Debate Podcast.“ The topic was security/performance tradeoff of Zero Knowledge Rollup vs Optimistic Rollup, with John Adler (co-founder of Lazy Ledger and Fuel Labs) debating Alex Gluchowski (co-founder of Matter Labs). James Prestwich, co-founder of the cross-chain solutions company Summa co-hosted. Rollups are a class of second-layer scalability solutions used by certain public blockchains.Via this podcast, Vite Labs team interacts with thinkers and pioneers in the global blockchain ecosystem.Past episodes may be found here: https://blockdebate.buzzsprout.comYou are welcome to follow the Twitter account of Richard and the podcast at: Twitter.com/gentso09 / Twitter.com/blockdebateOn Oct 11, COO Richard represented Vite Labs in Futurist Conference, where he discussed blockchain scalability, security and decentralization with Evan Shapiro, CEO of Mina (previously Coda).The replay: https://youtu.be/dgc4iwT4KEg?t=31358Vite Labs COO’s Richard Yan will be releasing a new episode of The Blockchain Debate Podcast. The topic for this episode is about the future of Tether. As the first stablecoin, Tether provides the blockchain ecosystem with a solution in pegging crypto value to fiat. Tether has also been the target of multiple lawsuits (under-collateralization, bitcoin price manipulation). The guests on this episode are Matthew Graham, CEO of Sino Global Capital, and CasPiancey, an independent investigator and reporter of Tether and other crypto projects.This podcast is a way for Vite Labs to stay connected with thought leaders in the crypto space. All previous episodes are available here: https://blockdebate.buzzsprout.comYou are welcome to follow Richard here: https://www.twitter.com/gentso09You are welcome to follow the show here: https://www.twitter.com/blockdebateOfficial: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enVite Bi-weekly Report was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

20. 11. 17

Major upgrade on DApp devel...

Since the launch of the smart contract function of the Vite blockchain in January 2019, many community developers have been attracted to develop DApp on the Vite blockchain. At present, some DApps have been launched on the Vite network, and users can find them in Vite App.In order to make it easier for community developers to deploy and debug smart-contract on the Vite chain, we have made a major upgrade to the development tool Soliditypp. The main contents are as follows:One-click deployment of smart-contractMultiple networks supportDebug UI upgradePreview of new Soliditypp:Welcome to experience the new version of the development tool, there are more new features waiting to unlock, click the link to download.Download Address:https://marketplace.visualstudio.com/items?itemName=ViteLabs.solidityppOfficial: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enMajor upgrade on DApp development tools of Vite blockchain was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

20. 11. 16

Vite Bi-Weekly Report

Oct 16–31, 2020Project UpdatesVite AppOn October 29th, we released Vite iOS App v3.8.1 and Vite Android App v3.7.7. The new release fixes a number of problems and improves the stability of the App.Fixed the bug that app crashes occasionally when scanning the QR code;Optimized request/response speed ;Support iPhone 12;Fixed the problem that FaceID/TouchID cannot be turned off in the App after biometric identification is turned off in the system;Fixed the precision of liquidity mining;Added new function of hiding trading pairs with low liquidity/volume. The hidden trading pairs can still be accessed through the operator’s page.ViteX ExchangeThe website of ViteX Exchange (https://vitex.net/) has been updated with the following changes:Display the APY of VX staking to facilitate users to check the annual yield of VX staking at the moment;Display VX emittance curve and the current release progress;Added VX dividend calculator. Users can input a number to see the estimated dividend earns on an annual/semi-annual/monthly/weekly/daily basis.Recent MilestonesOver 2.5 Million VITE Have Been BurnedAs of Oct 26, a total of 25,119,585 VITE have been burned. Here are the major sources of burns:Token issuance fees on the Vite chainTrading fees on ViteXFees for creating invitation code on ViteXListing fees on ViteXbody[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;} — @ViteXExchangefunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height);resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}Vite Developer Bounty LaunchThe Vite Labs foundation will publish new developer bounty tasks from time to time, and provide rewards in VITE. The goal is to encourage our global community to partake in developing the Vite ecosystem.The first bounty is related to a search function for full nodes. Click below for more details!body[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;} — @vitelabsfunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height);resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}ViteX ExchangeOn October 20, liquidity mining for the HTR/BTC trading pair received a 3x reward boost. Traders that make HTR/BTC resting orders will receive three times the VX reward as they would normally get.body[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;} — @ViteXExchangefunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height);resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}On October 28, ViteX API package underwent a significant upgrade that increased the quota for API usage as an incentive to attract and retain liquidity from quantitative market makers.​body[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;} — @ViteXExchangefunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height);resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}ViteX to Suspend Display for Certain Trading PairsThe ViteX team is always looking to provide users with a better trading experience and protect the rights and interests of investors. As such, we recently worked with operators to limit the display of certain trading pairs. In general, operators should monitor activeness of projects after their listings. When an operator sees that a project is no longer actively developing, it should suspend the display of relevant trading pairs for such project.Note that since ViteX is a decentralized exchange, the trading pairs still live on the Vite chain. The ViteX team is merely making changes to the user interface to disable the display of these trading pairs. Therefore, undisplayed trading pairs are not “delisted.” Users may access them via either a third-party community-built website, or entering URLs on vite.net (example: https://x.vite.net/trade?symbol=XYZ-000_ABC-000). Also, since users custody their own tokens (Vite-wrapped), the security of these assets are not affected.ViteX DataActivitiesChinese Community AMAOn October 21, Vite CPO Blackey Hou ran a livestream AMA in the Chinese community.The replay: https://www.yizhibo.com/l/qS2-rqEvsnU4uR9A.htmlThe Blockchain Debate PodcastVite COO Richard Yan hosted a new episode on ”The Blockchain Debate Podcast.“ The topic was security/performance tradeoff of Zero Knowledge Rollup vs Optimistic Rollup, with John Adler (co-founder of Lazy Ledger and Fuel Labs) debating Alex Gluchowski (co-founder of Matter Labs). James Prestwich, co-founder of the cross-chain solutions company Summa co-hosted. Rollups are a class of second-layer scalability solutions used by certain public blockchains.Via this podcast, Vite Labs team interacts with thinkers and pioneers in the global blockchain ecosystem.Past episodes may be found here: https://blockdebate.buzzsprout.comYou are welcome to follow the Twitter account of Richard and the podcast at: Twitter.com/gentso09 / Twitter.com/blockdebateFuturist ConferenceVite COO Richard was invited by the Futurist Conference to partake in a discussion about blockchain scalability in November, to be joined by the CEOs of Solana and Mina (previously Coda).Official: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enVite Bi-Weekly Report was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

20. 11. 04

Vite Ecosystem Incentive Pr...

In order to incentivize capable teams and developers to build the Vite ecosystem together, the Vite Foundation has launched a support plan to encourage outstanding developers to participate in the development of the Vite ecosystem.How to participate in the Vite Ecosystem Incentive Program?The Vite Foundation will release development bounty tasks from time to time. Developers may apply for the tasks by submitting the application form and start development after receiving formal approval.The 1st Dev Bounty Task: Vite Full Node QueryUse case:Search for a certain address to view the status of all nodes under this address (number of nodes, status, uptime rate, version, etc.)Development scope and description:After entering the Vite address, click ‘search’ to jump to the details page.Vite address onlyAfter entering a correct address, click ‘search’ to jump to the details page.For wrong addresses, display “Please enter a proper Vite address”Node details page should have the following functions:Display a Vite logo and the total number of nodes on the top of the page;Show node name, online status, uptime rate, version and registered address in search results;Provide a search box to search for a different address;If no node is registered under the current address, the result list will be empty;Hitting the ‘Back’ button of the browser will return to the homepage.Requirements:All functions described above must be provided;The mockup UI can be customized in developer’s preferred style but should be kept neat with a good looking;Must support English language;Support both PC and mobile device;Bounty: 10,000 VITENote: Necessary API interface will be provided by Vite Labs once the task is assigned.Application Process & Bounty Rules:Submit the application form at https://forms.gle/pmgxuF9aT4nqydkp6;Only one application will be accepted;Selected applicant will be announced in one week (by Nov 9);The task should be completed in the next two weeks;Qualified result of work must be provided, including the open-sourced code on GitHub and a URL link to the deployed application;10,000 VITE will be granted by Vite Foundation after the result of work is confirmed and accepted.Official: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enVite Ecosystem Incentive Program: Dev Bounty was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

20. 11. 02

Tech Series #10: Explain th...

This article will explain the asynchronous architecture of Vite, one of the most important innovations of Vite.Synchronous v.s. asynchronousIn synchronous architecture, when a process executes a request, it waits until the execution is complete and then returns the result. The process pauses during the time. After the request is sent, the asynchronous process (usually a thread) runs in the back and the main process goes ahead to handle other executions. When the asynchronous process completes, the main process will receive a notification with the return result.The advantages of asynchronous architecture are obvious — it will be much faster when running a batch of executions. Vite adopts a DAG-based ledger, where each account has a separate chain. A transaction only changes the state of one account chain, so transactions of multiple accounts can be executed in parallel to achieve higher throughput.Asynchronous in ViteVite’s asynchronous design mainly lies in three aspects.Asynchronous request and response;Asynchronous transaction writing and confirmation;Asynchronous communication between smart contracts.Here we focus on the third — the asynchronous communication between smart contracts.The following is a simple example to introduce both the asynchronous syntax in Solidity++ and the execution process of VVM (Vite virtual machine).As the name shows, VoteContract is a voting contract. Let us take a look at the fields.voteMap is used to store voting records; invalidAddrs is a map to save all invalid voting addresses; checkAddr is the address of another contract that verifies voting address.CheckContract performs voting address verification. It has a check function that performs verification and returns checkResult.Asynchronous syntax in Solidity++Unlike Ethereum, smart contracts on Vite are asynchronous. The message listener of a smart contract will listen to incoming messages from other contracts and perform business logic.In the above example, VoteContract has defined two message listeners: vote and isValid. In the voting process, a user triggers the message listener vote to vote for a specified address addr. vote is payable, which means the user should transfer an amount of voteNum tokens to the smart contract when calling. isValid listens to address check results and puts invalid addresses into map invalidAddrs.CheckContract has one message listener, checkVaild, which will perform address verification and send results back to isValid. It is also payable.Solidity++ allows messages to be passed through between smart contracts via message listeners. Therefore, to start writing a smart contract you should declare the message first.The message must have the same name with a corresponding message listener. In our example, VoteContract declares a message checkValid, which will be sent to the checkValid CheckContract for processing. CheckContract also declares a message isValid to send the verification result to VoteContract.The syntax for sending a message is send(address addr, message msg, tokenId token, uint amount). Here addr is the contract address, msg stands for the message to be sent, and token and amount specify the amount of token transferred in the message. Please note token and amount are optional; no transfer will be made by default. You can also use addr.transfer(tokenId token, uint amount) to send tokens to another address in the smart contract.Message listener has no return value. The calling contract will not wait for the result of a message call. As in the above example, VoteContract sends a message checkValid to CheckContract to check the address in message listener vote. When the message is sent, the rest execution will continue. It needs to be pointed out that the message listener is different from an Ethereum function that has no return value. On Ethereum, even if a function call has no code to run, it will still return a result to indicate whether the execution is successful or not. Therefore, function calls on Ethereum are synchronous.Asynchronous Vite virtual machineIn this section, let’s take a look at the implementation of asynchronous contract execution in the Vite virtual machine.Here are some concepts I would like to introduce first:Transactions on Vite are classified into request transactions and response transactions. Either sending a transfer or calling a contract will create two separate transactions on the blockchain. When the request transaction is complete, it will return immediately without waiting for the completion of the response transaction.GAS is charged on Ethereum as transaction fees. The EVM will calculate the consumption of GAS and deduct it in the execution of the transaction. Unlike Ethereum, Vite does not charge GAS but replaces it with a different resource called Quota. Because a transaction on Vite is split into a request transaction and a response transaction, the request transaction does not know the quota that will be consumed by the response, quota will be calculated and consumed separately in the request transaction and response transaction.In the Vite virtual machine, the execution of the request transaction and the response transaction are separated. A request transaction is usually a message sent by the user, in the form of either transfer or contract call. As in the example, the vote message sent by the user to VoteContract is a request transaction. There is also a passive way to initiate request transactions, which will be introduced later.In the first stage, the Vite virtual machine starts to handle the request transaction. Assuming that there is no exception thrown during the execution, the virtual machine will first calculate the quota consumed by the request transaction, then deduct the corresponding amount of quota from the sender’s account, and finally, update the request transaction block and return.In the second stage, when the block producing node of the delegated consensus group of VoteContract receives the request transaction, it starts to construct a response block, and the virtual machine will perform a few operations like depth inspection, quota calculation, and balance increment, etc., then execute the code of the message listener in the response transaction. In the example, a checkValid message is sent to CheckContract, in this case, the virtual machine needs to initiate another request transaction to CheckContract after all the business logic in vote is complete. Let me explain in detail.First, the request transaction (to CheckContract) is generated in the response transaction of VoteContract. To handle this situation, the Vite virtual machine keeps a list of request transactions in the response and will send them when the response transaction is complete. Here in the example, a checkValid message is sent from the listener method vote, the latter will continue to run regardless of whether CheckContract sends back a response or not.Second, VoteContract initiates a request transaction within the contract. Please note this internal request transaction does not require quota. In addition, because it carries token transfer, the corresponding amount of token needs to be deducted from the balance. In the example, when more than one users vote, VoteContract will initiate multiple transfers to CheckContract and deduct the balance to reflect the changes.Third, regardless of when and in what order these request messages are received by CheckContract, the final amount received by CheckContract must be equal.In the third stage, CheckContract will respond to the request sent by VoteContract in a response transaction. More precisely, in the checkValid message listener. The execution process is similar to the second stage, and an isValid message is sent to VoteContract in a new request.In the fourth stage, a response transaction is initiated by CheckContract to perform the logic in isValid. This is what we mentioned at the beginning of the article: when a request returns a result, the process receives a notification and starts processing.In the above entire execution process, if an exception occurs in the request, the request transaction will be reverted; if the request transaction is successful and an exception occurs in the response, the response transaction will be reverted, and if the request transaction has changed the balance, a separate request transaction will be initiated by the contract to send the tokens back. For example, the balance of VoteContract will be deducted after checkValid is initiated. If the response of CheckContract fails, a refund will be initiated in another request back to VoteContract.getterAsynchronous message listener has no return values. So in order to get contract states, we introduce the getter method.In the example, the getter method getVoteNum is provided to query the contract state in the contract. It has a return value. However, you should remember the following two p when using getter methods.First, you should only use the getter method to query the state of the contract and cannot modify it;Second, getter methods are not allowed to access the data on the blockchain.Therefore, getter methods are also called off-chain query methods. Actually, they are more like the public method for off-chain queries in Ethereum.SummaryThis article briefly introduces the asynchronous design and the related implementation in Vite by studying a real example. If you have more questions, don’t hesitate to raise them in Vite’s Telegram group or on Discord. I will be very happy to answer.Official: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enTech Series #10: Explain the Vite Asynchronous Architecture with Example was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

20. 10. 23

Vite Bi-weekly Report

Oct 1–15, 2020Project UpdatesVite AppWe received a lot of feedbacks since Vite iOS APP v3.8.0 was released last month. Most are positive, but also having a few issues. For example, scanning QR code may cause the App to crash, and some pages load slowly. All these issues will be fixed in the next release.In addition, we found the text description in some pages may cause confusion. One example is the label associated with the “Enable Automatic Staking” checkbox. This will be improved too.At last, the “Discovery” page will add the logo of the airdrop project to increase brand exposure.ViteX ExchangeIn the next milestone, we plan to upgrade the ViteX smart contract for a better deposit/withdrawal experience. By the time users can directly deposit/withdraw assets to/from the exchange without going through the wallet first.In the meantime, ViteX will start to support Market Order, a key function for both users and trading bots.The development work to integrate ViteX into Hummingbot has been completed. ViteX users can conveniently run their high-frequency trading bots to perform market making, cross-exchange market making, and arbitrage. In the follow-up, we will keep improving the user experience, documents/tutorials, and finally, submit a Pull Request to the project.At present, the source code can be found at a forked branch (hummingbot: feat/vitex-connector ). We humbly invite the community to download and have a trial use.Recent MilestonesBAN Airdrop with trading on ViteXOn September 30, we started the BAN airdrop campaign. Traders that have used on ViteX between Aug 8 and Oct 8 are allowed to claim from a pool of 2 million BAN.All rewards have been distributed as of Oct 15.body[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;} — @ViteXExchangefunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height);resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}Referral Campaign for VX Mining One-Year AnniversaryOn September 9, in celebration of the mining anniversary, we launched the campaign for free referral as mining on ViteX. From Sep 9 to Oct 9, users may claim referral codes (worth 1000 VITE) and invite others to trade on ViteX. Referrers will on a permanent basis receive 5% of the transaction fees and 2.5% of the liquidity mining rewards from the referred traders.On Oct 15, the VIte team has officially published all qualifying addresses for this campaign.body[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;} — @ViteXExchangefunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height);resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}ViteX ExchangeOn October 13, AR/USDT trading pair becomes eligible for trading mining and market-making as mining (“liquidity mining”). In particular, market-making as mining for AR/USDT receives a 3x multiplier for reward distribution.ViteX has listed Privacy coin (PRV)On October 14, the Vite Labs gateway has listed Privacy Coin (PRV), and PRV/USDT trading pair began trading.The associated project Incognito builds technology to allow coins on other chains to transact privately. PRV is Incognito protocol’s native coin and is used for paying for transactions on the Incognito chain.ViteX DataActivitiesOur COO Richard ran a new AMA for the international community, where he covered topics such as exploration of automated market makers on ViteX, improving Vite discussions on social media platforms like Reddit, and withdrawal fees on ViteX.You may read the transcript of the AMA here: https://forum.vite.net/topic/4236/vite-labs-leadership-ama-oct-13-2020-reviewOur COO Richard has been invited to moderate a debate between Mina (blockchain with small footprint) and Solana (performant blockchain without sharding) on the Futurist Conference. The content will become an episode of The Blockchain Debate Podcast. All past episodes are available here: https://blockdebate.buzzsprout.comYou are welcome to follow Richard’s twitter accounts: Twitter.com/gentso09 / Twitter.com/blockdebateOfficial: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enVite Bi-weekly Report was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

20. 10. 17

Review: End of Q3 2020 & Ma...

Letter from Vite Labs CEO Charles LiuDear Vite Community:Time has flown by. As 2020 has been a whirlwind of a year for many people around the world, I hope you are in a place of safety and peace. In this letter, I would like to provide an update on Vite’s progress in Q3.Overall, I am very proud of our team’s achievements. Let me review each item on our roadmap in turn.Stablecoins FunctionalityViteX released the first-of-its-kind, zero-fee stablecoin swap feature with Vite’s fifth hardfork. As of now, three stablecoin pairs (USDC/USDT, DAI/USDT, BUSD/USDT) can convert at no cost. The rapid growth of stablecoins this year (standing at north of USD $10Bn) reflects a real need for storing fiat-pegged value in crypto form. In introducing this feature, we heard and answered our users’ needs. This is a big step towards fulfilling our original vision of an Open Finance ecosystem.body[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;} — @vitelabsfunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height);resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}Vite Ecosystem GrantsWe started the Vite Techie Club, a social group for community members interested in developing apps on Vite’s tech. The purpose is to educate our community on technical matters, brainstorm useful projects to be deployed on Vite, and discover new tech talent to contribute to the ecosystem. Any interesting application created from interactions within the Vite Techie Club will receive support from the Vite Foundation. Our successful kickoff event in September focused on decentralized gateways for ViteX, an important component of our plans for Vite 2.0. To participate in future Vite Techie Club events, join our Discord here.body[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;} — @vitelabsfunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height);resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}ViteX SDK ImprovementWe released ViteX SDK (Java). This enables easy development of trading bots and deployment of trading strategies on ViteX. This is another crucial step towards our Open Finance vision that democratizes access to financial resources and systems. Check out the API in our github here.body[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;} — @ViteXExchangefunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height);resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}Vite App Major UpgradeThe Vite app has undergone a facelift to provide a more smooth experience for ViteX users (iOS). We created a new DEX Assets page that focuses exclusively on Vite-native assets. On this new page, we also separated out the functions of asset management and trading. Experience the new app for yourself here.body[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;} — @vitelabsfunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height);resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}Continual Coin Listings on ViteXIn Q3, our various gateways continuously added a total of ten new coins. As explained in this article, our gateways tend to look for coins with an active community, few listings on major exchanges, and a consistent pace of software development. We also launched a ViteX ambassador program, where we initially recruited three members. They will be conducting in-depth video interviews with project teams for coins listed on ViteX.body[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;} — @ViteXExchangefunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height);resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}Initial Upgrades of DApp Development ToolsVarious improvements have been made to an Integrated Development Environment (IDE) for Vite’s solidity++. These changes will make it easier to develop DApps on Vite. See a screenshot of the IDE here.body[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;} — @chunming_liufunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height);resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}New Operator RecruitmentOperators are an important component of the ViteX ecosystem. As such, we continue to onboard and support new operators. As of today, we have seven operators in total. The level of listing and trading activities on all operators varies. We are hopeful that as the awareness of ViteX increases (with more listings of gems, and inductively attraction of traders), more independent entities will apply to become operators.Other AccomplishmentsIn Q3, we became more aggressive in raising awareness of our brand via various ways — partnerships (example — Banano), podcasts (example — The Blockchain Debate Podcast), and events (example — Silicon Valley Bitcoin Meetup mining panel). In addition, we continued to educate the public about our tech (see our series of tech articles), published the thoughts of our leadership via Vite Insights articles, ran regular leadership AMAs, and solicited community input for coins to be listed by ViteX gateways.Vite Insights: How to Effectively Lead a Decentralized TeamWe just celebrated our one-year anniversary since the launch of Vite Mainnet. As mentioned in our tweet thread here, I would like to enumerate our very worthy accomplishments with statistics:We now have six products, including the multi-chain Vite App that has been downloaded over 300,000 times and is being used in over 180 countries.Our network consists of 900 full nodes. Over 130 Vite-native tokens have been issued. About 109,878 active addresses live on Vite, transacting over 127,810,946 times.49 supernodes have mined an accumulation of 29,530,000 VITE. Note that more than 23,900,000 VITE have been burned, offsetting the aforementioned increase in circulation.Cumulative trading volume on ViteX has exceeded 50,808 BTC. Over 100 BTC have been distributed to VX holders as dividends (for a comprehensive guide of using ViteX, check here)body[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;} — @vitelabsfunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height);resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}As I have always said, our achievements would not have been possible without you. Vite is not just about the solidity++ smart contracts, its open source golang code, or our white paper. Our ecosystem is only powerful because of activities of our users, developers, investors, and enthusiasts. Thank you all for your support.#letscreatesomethingcool,Charles LiuReview: End of Q3 2020 & Mainnet One-year Anniversary was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

20. 10. 01

Vite Bi-weekly Report

Sep 16–30, 2020Project UpdatesVite AppOn September 25, Vite iOS APP released version 3.8.0, mainly focusing on the re-org of asset views.Features and enhancements:Introducing the new DEX Assets page. The Wallet page is now used only for deposits and withdrawals, exchange asset transfers are completed on DEX Assets page.Exchange functions have been completely separated from wallet functions. The Homepage now displays only wallet assets, users can go to DEX Assets page to view exchange assets and transfer assets for trading.My [Account] has been moved to the upper left corner of the Home page, click to enter Account Settings.Due to the massive changes, the Android App will be released later.ViteX ExchangeOn September 29, the ViteX Java SDK was officially released. This is a lightweight SDK based on ViteX API, which facilitates the community to integrate the functions of ViteX exchange in Java projects.Download link: https://github.com/vitelabs/vitex-java-sdkViteX-Hummingbot integration is done. The source code will be opened shortly. https://github.com/CoinAlpha/hummingbotRecent MilestonesVite Insights SeriesOn Sep 17, we published the 4th article of the Vite Insights Series, which outlined characteristics of projects that ViteX gateways often look for when selecting coins for listings. Submit a listing recommendation if a project meets the standards!Read here: https://medium.com/vitelabs/vite-insights-4-what-types-of-coins-are-vitexs-gateways-looking-for-c24e9a52cb48Vite Techie ClubOn Sep 22, Vite Techie Club held the first online discussion centered around Decentralization of ViteX gateways. Our Vite Techies had active conversations with Vite core developers, putting forward questions and new ideas.Vite Techie Club will continue to host regular tech discussions. We look forward to chatting with more Techies in the future!Session Recap: https://forum.vite.net/topic/4194/vite-techie-club-1?_=1601363645141Binance Enabled Isolated Margin Trading for Vite Trading PairsStarting Sep 22, trading pairs VITE/BTC & VITE/USDT are enabled with Isolated Margin trading on Binance. Users were able to borrow VITE with 0 interest for trading.Details:https://www.binancezh.com/en/support/announcement/8b56bdc50b154385acec2af652b4ad10Vite Mainnet One-Year Coin Giveaway CampaignIt’s been one year since Vite Mainnet went live on Sep 25, 2020. In celebration of the anniversary, we are rewarding $100 Vite total to 5 winners with the most retweets of our achievements on Twitter!View Details: https://twitter.com/vitelabs/status/1311337618785759232?s=20ViteX ExchangeViteX Listing Permission (ASK)On Sep 24, ViteX Operator VGATE listed Permission (ASK) and opened trading pair ASK/BTC.Permission.io is the leading provider of permission advertising for eCommerce. The Permission Coin (ASK) was created to give individuals back ownership of their time and data. Powered by the Permission blockchain, ASK is a payment coin that enables individuals (“Members”) to securely grant permission and monetize their time and personal data across global e-commerce platforms and myriad advertising verticals.On Sep 27, the Permission team conducted an AMA in ViteX Telegram and rewarded $500 ASK to participants.ViteX Listing Hathor (HTR)On Sep 29, ViteX Operator VGATE listed Hathor (HTR) and opened trading pair HTR/BTC.Hathor(HTR) is a transactional consensus platform comprised of an entirely novel architecture, based on concepts from both Directed Acyclic Graph (DAG) and blockchain technologies combined.Data on ViteXActivitiesVite Labs COO Richard has planned a new episode of ”The Blockchain Debate Podcast“ where he invited British author David Gerard (Attack of the 50-foot Blockchain) on the show. The topic is, “Motion: Libra is not too different from Paypal.”Libra is one of Facebook’s most heavy-weight announcements in recent years, and is a fitting strategic prerogative for a company with 2B+ install base. Libra inspired discussions of central bank digital currencies at various countries, some of which already began rollout of the new money system. Criticism of Libra has been on its overly centralized design and regulatory hurdles across many jurisdictions. This episode will focus on whether Libra can overcome these challenges in reaching its original goal.This show is a window to export Vite Labs’ thoughts on the industry. It is also a way for the Vite team to build relationships with other movers and shakers in the space.All episodes are available here: https://blockdebate.buzzsprout.comYou are welcome to follow Richard and the podcast here: Twitter.com/gentso09 / Twitter.com/blockdebateVite Labs COO also participated in a “Virtual Conversation on Emerging Technologies” hosted by former US Presidential candidate Andrew Yang. The talk focused on how advanced tech can upgrade public sector services, such as improving their transparency, timeliness and immutability (e.g., via tech such as distributed ledger).Official: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enVite Bi-weekly Report was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

20. 10. 01

Vite App BAN Airdrop Live A...

Vite Labs has entered an official partnership with Banano since Aug 25, 2020. Find out more details about the partnership here: https://medium.com/vitelabs/vite-labs-x-banano-partnership-announcement-a17ef704695dTo encourage experience with DAG technologies and further connect both communities, Banano will be distributing BANANO through an ongoing airdrop through Vite App, where you can store and trade BAN coins one-stop using our wallet+exchange 2-in-1 mobile client running on the DAG-based Vite chain.Starting Oct 1, you will be able to claim up to 19 BAN per day. Login to your Vite App and follow instructions on the Discover page to claim your airdrops.Download Vite App: https://app.vite.netA Little Surprise for ViteX Supporters!Team Banano has prepared a little surprise for our valuable traders. 2 Million BAN will be shared among all traders that executed at least one trade between August 8 to Oct 8. All BAN rewards will be send directly to eligible Vite addresses by Oct 15.Message to users:We have received complaints in the past regarding failing to claim airdrops, which, depending on the error code showing, may due to different reasons.iOS users should have no problems claiming airdrops. If encountered any problem claiming airdrops while using an iOS device, please contact us at info@vite.org for support.For Android users, however, as Android system has security vulnerabilities that potentially allows malicious behaviors, we have to take actions against cheating for fairness of Airdrop distribution. If you have clone applications installed on your phone, using a rooted device, or your Android version is older than Android 6.0, you will unlikely to successfully claim airdrops through our App. We apologize for this inconvenience and hope for your understanding.About BANANOBANANO is a DAG-based next-generation cryptocurrency with ultrafast and feeless transactions. BANANO has ongoing 100% free and fair distribution in line with gamification and crypto education since 2018 and is used heavily through intuitive apps and easy interfaces within the expanding BANANO ecosystem.Check Out BANANO:Website: https://banano.ccTwitter: https://twitter.com/bananocoinMedium: https://medium.com/@bananocurrencyRead about how to set up your Vite App here:How to Set Up Vite AppOfficial: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enVite App BAN Airdrop Live Again was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

20. 09. 30

Vite Bi-weekly Report

Sep 1–15, 2020Project UpdatesVite AppA major Vite App update, v3.8, is under development and will be released soon. The new release will have a significant user experience improvement close to centralized exchanges.Vite App v3.8 will have the following new features and enhancementsImprove the layout of asset page. Replace “My Account” with “Exchange Asset”, which is sub-categorized into “Wallet Account” and “Trading Account” to facilitate users to check asset portfolio;Move the “Account” page to the upper left corner of the app;Separate “Wallet” and “Exchange” to avoid confusion. In the previous version, users can view “Wallet Asset” and “Exchange Asset” on the homepage, and switch through in a secondary tab opened. The new version will only display “Wallet Asset” on the homepage and “Exchange Asset” will not show up anymore;Enhance connection performance. Improve the data loading speed on slow internet.Desktop walletNew Vite desktop wallet version 1.4.2 was released, with security optimizations.Compared to the web wallet, the desktop wallet has more strict security settings and is recommended for use.Installation link: https://github.com/vitelabs/vite-wallet/releasesViteX ExchangeNew features and enhancementsHummingbot (https://github.com/CoinAlpha/hummingbot — Connect to preview ) integration. After the integration is complete, you can run a trading robot through Hummingbot for strategic trading or liquidity mining on ViteX.Network OptimizationRecently, we have carried out an important network upgrade to Vite’s websites and API services under vite.net and vitex.net, to improve connection performance and prevent large-scale DDoS attacks. The optimization includes:Optimized network routing and improved the access speed from major countries in the world;Deployed CDN services to improve the loading speed of static resources;Enabled caching to reduce API latency and prevent from DDoS attack;Added firewall rules against DDoS attack.Recent MilestonesViteX Launching One-Year Anniversary Dual CampaignIn celebration of mining on ViteX reaching its first-year anniversary, we launched two mining-related campaigns on Sep 9. Users will receive 10X mining rewards during the event and have a chance to get a free ViteX referral code.As of Sep 9, total amount of mining exceeds 10 million VX, and users have received proceeds of 96 BTC, or roughly 1 Million USD.https://medium.com/vitelabs/vitex-launching-one-year-anniversary-dual-campaign-aa4956b5d77fVite Techie ClubTo expand our global tech community, we have launched a “Call For Vite Techies” campaign. We humbly call for community developers to work with the Vite dev team and participate in all aspects of development in the Vite ecosystem, including the Vite public chain, wallets, ViteX exchange, SDKs, tools, and more.We are absolutely delighted to welcome the 20 developers from our global community that have joined the Vite Techie Club so far.Vite Techie Forum will be held regularly online for everyone interested in Vite tech. The Opening Forum, discussing the decentralization of ViteX gateways, will live on Sep 22. Let’s create something cool!https://medium.com/vitelabs/call-for-vite-techies-c64201090a9cVite Tech SeriesOn Sep 9, we published another educational material of ViteX tech explorations, also the 9th article of our Tech Series, that focused on the execution process and interactions of ViteX smart contracts and the user.https://medium.com/vitelabs/tech-series-9-five-charts-to-understand-how-vitex-works-61541a1364d7ViteX ExchangeViteX Launched Minable, Feeless Stablecoin ConversionStarting Sep 3, users can trade USDC/USDT, DAI/USDT, BUSD/USDT pairs with 0 trading fees, mining eligible.ViteX Listing Arweave (AR)On Sep 9, ViteX Operator Vite Labs listed Arweave(AR) and opened trading pair AR/USDT, market-making as mining eligible.Arweave is a new type of storage that backs data with sustainable and perpetual endowments, allowing users and developers to store data, preserve valuable information, apps, and history indefinitely.Data on ViteXAs of Sep 14, 23,091,652 VITE have been burned through ViteX, accounting for 2.23% of total issuance.119,910,726 VITE are staked on ViteX, accounting for 11.99% of total issuance.11,183,727 VX have been mined, of which 9,405,217VX (about 84.09%) are being staked for dividends.To-date, 101.2 BTC worth of dividends has been distributed. The pool of undistributed dividends stands at 31.6 BTC.ActivitiesOn September 9, Vite CPO Blackey Hou held a live video AMA with the Chinese community, where he discussed the one-year anniversary of the launch of mining on ViteX.You may watch the replay here: https://www.yizhibo.com/l/viJfuCApPOf4Xts2.htmlCOO Richard ran a new AMA for the international community. Main questions answered include: the types of coins suitable for listing on ViteX, proposals regarding VITE un-staking, how ViteX can maintain its advantages, and comparison of ViteX against other DeFi projects.You may read the AMA summary here: https://forum.vite.net/topic/4173/vite-labs-leadership-ama-sep-10-2020-reviewCOO Richard’s show ”The Blockchain Debate Podcast“ has published 15 episodes since it was started at the end of 2019. Topics include digital gold attribute of cryptos, practical use cases of smart contracts, usability of enterprise blockchains, sustainability of liquidity mining, and so on. This show is a way for the Vite team to build relationships with other thought leaders in the space.Some topics being planned include central bank digital currencies, central bank policies such as Modern Monetary Theory, and legitimacy of stablecoins. Recommendations of topics from the community are welcome.All episodes are available here: https://blockdebate.buzzsprout.comYou are welcome to follow Richard and the podcast here: Twitter.com/gentso09 / Twitter.com/blockdebateOfficial: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enVite Bi-weekly Report was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

20. 09. 18

Vite Insights #4: What Type...

Our gateways constantly receive recommendations of prospective coins from our community. We hope this article will shed some light on the types of coins these gateways find interesting.TL;DR: The best coins for the gateways tend to meet four criteria: no presence on major exchanges, loyal community, active github, and the “it” factor.Lack of Presence on Major ExchangesThis one should be quite obvious. If a coin is already on Binance or Coinbase, it is generally difficult to attract liquidity away from these major platforms.But these exchanges do not have a monopoly on the world’s worthy coins, simply because large exchanges don’t have the bandwidth to be fully aware of the vast number of quality projects out there. Indeed, some projects refuse to be listed on these major platforms for a variety of reasons (Digibyte initially declined to list on Binance, for example).Active OTC trading is a great area to look, because this implies high interest in trading.Loyal CommunityThe number of followers/subscribers in the various social channels (Telegram/Twitter/Discord) is not as important as the quality of the community. To get a sense of the true following of the project, one must look at the activity of the users (are they asking meaningful questions?), the experience level of the users (are there whales showing interest? Endorsement by legitimate industry players?), and the speed at which the community is organically growing.If a project has a miner community, that’s a positive sign because these stakeholders have incurred considerable sunk cost and will likely continue to support the ecosystem.Older projects also have communities. The fact that they were delisted by major platforms exposes an opportunity for smaller exchanges. For example, PASC got delisted by Poloniex, and Gridcoin got delisted by Poloniex and Bittrex.Active GithubThere should be at least some software commits in the last two months. Here, the commits must be indicative of serious, not symbolic development efforts. The more developers, the better. Developers with frequent media exposure would also be a plus. The amount of forks and stars are also indicative of developer interest in this project.“It” FactorSome projects have a distinctive concept or model, are well related to current trends, or have connections with well-established projects. For examples, see some recent DeFi projects.We hope this article provides some insight into the coins ViteX gateways are particularly interested in. We look forward to your continued recommendations.Submit a Listing Recommendation: https://forms.gle/krgsR48AfMRNpkD17ViteX Official: https://vitex.net/Telegram: https://t.me/vitexexchangeTwitter: https://twitter.com/ViteXExchangeVite Forum: https://forum.vite.netVite Insights #4: What Types of Coins are ViteX’s Gateways Looking For was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

20. 09. 17

Shape the Future of Vite!

The First Vite Techie Forum EventDear Community,Vite is two years old now. Thanks for your accompany and support so far. Since Vite’s earliest days, we have developed a reputation for our strength and innovation in tech. We have been asked so many times by enthusiastic community members and developers to participate in the tech discussions with Vite core devs, so they can contribute great ideas and even write code. As such, we are pleased to announce the launch of Vite Techie Forum, a series of regularly-held, text-based online discussion events, where we invite all technocrats to incubate Vite’s future plans!The topic of the first Vite Techie Forum will be Decentralization of ViteX gateways. We are glad to invite two core dev members, Viteshan and Wills Lee, to join the discussion. Here are details:What will the next generation of ViteX gateway look like? What are some existing solutions to learn from, or should we create something largely from ground up? Will this be a multi-sig or atomic swap solution? Will smart contracts be used? How about relay chain and witnesses?Meet us, at 15:00, September 22, HKT, on Discord.Channel: #vite-techie-forumVite Discord Link: https://discord.gg/f8G5ah7Rules:The forum will begin at the scheduled time. The length is 1 hour. You can post questions/comments in the channel prior to the start time, but the content should be aligned with the topic.Do not spam. Unrelated content is disallowed and will be removed.Be polite. Show respect to others.Shape the Future of Vite! was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

20. 09. 15

Tech Series #9: Five Charts...

In the previous articles, we have introduced ViteX from many perspectives of contract design, matching engine, backend service, decentralization, etc. As one of the following educational material of ViteX tech explorations, this article will focus on the execution process and interactions of ViteX smart contracts and the user. Enjoy.1 Functional ModuleThe ViteX decentralized exchange includes the on-chain data source vDex and the off-chain data service DexServer. As shown in the figure below, Wallet Gateway, Token Issuance, and DEX Manager are on-chain modules. Users can either map cross-chain tokens to the Vite chain through gateways or issue Vite-native tokens directly, then transfer the tokens to the exchange for trade. DEX Data Processor and Data Collection are off-chain modules. They collect data from full nodes, conduct data processing and indexing, and provide aggregated data service to the user. Specifically, DEX Manager handles deposit, withdrawal, trading, new trading pair opening, Data Collection crawls the chain to capture on-chain events, and DEX Data Processor is responsible for providing the service.Assets traded on ViteX have two types. One is token issued on the Vite chain, such as VITE, VX, EBLX-000; another is cross-chain tokens like ETH-000, BTC-000, USDT-000. The cross-chain tokens are native coins of other public chain and need to be mapped to Vite tokens before they can be traded on ViteX.2 Functional DetailsFunctional details are explained in the following sections.2.1 Contract DesignViteX adopts a multi-contract scheme, which is helpful to build a clear business model and avoid the potential performance bottleneck of single-contract, especially taking into account the large trading volume in the future. In addition, this design also facilitates data pruning.The design consists of two built-in contracts. Contract Fund is responsible for asset deposit, withdrawal, settlement, lock, unlock, mining, dividends, etc., while the orders are actually matched in Contract Trade. The interaction flow is as follows:User A sends 1 BTC-000 to the exchange account in Contract Fund. This is represented as a function call to the contract;User A signs an order placement transaction and sends to Contract Fund. The contract verifies the transaction and locks the BTC-000 if the verification has passed. Otherwise, the order placement fails;Contract Fund calls Contract Trade to place the order;Contract Trade puts the order on the order book;Step 5 to 8 repeats the order placement process for another User B. In step 8, the order placed by User A will be taken if the price has matched. We will look into the matching process in next section.2.2 Order MatchingThe order maching process is shown in the following diagram.User A first sends 1 BTC-000 to Contract Fund;User A sends a function call to Contract Fund to place an order to buy 10,000 VITE with 1 BTC-000;After the order placement transaction is verified, Contract Fund calls Contract Trade to place the buy order;Contract Trade actually places the order on the order book;User B sends 5,000 VITE to Contract Fund;User B sends a function call to Contract Fund to sell the 5,000 VITE to 0.5 BTC-000;Contract Fund calls Contract Trade to place the sell order;Contract Trade matches the order with the buy order of User A. When it completes, 5,000 VITE and 0.5 BTC-000 are respectively sent to the accounts of User A and User B in Contract Fund (Trading fees are not taken into account in the example). At this time, B’s sell order is fully filled and removed from the order book, while A’s buy order is partially filled and will remain on the order book at the moment.2.3 Order CancellationOnly pending (unfilled or partially filled) orders can be canceled. Attempt to cancel a filled or canceled order will cause an error.Steps 1 to 4 represent the order placement process of User A;In step 5, User A signs an order cancellation transaction and sents to Contract Fund;After the order cancellation transaction is verified, Contract Fund calls Contract Trade to cancel the order, the latter will remove the order from the order book;Contract Trade unlocks the assets and returns to the account of User A in Contract Fund.2.4 SettlementOn ViteX, wallet balance and exchange balance are different. Trading is related to exchange balance. When you transfer assets to another user or withdraw through a gateway, you should move the assets from the exchange account to the wallet first.In step 8 of last chart, User A signs a withdrawal transaction and sends to Contract Fund;After the withdrawal transaction is verified, the assets are moved to the user’s wallet from the exchange.Official: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enTech Series #9: Five Charts to Understand How ViteX Works was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

20. 09. 10

Updated List of SBP Who Pay...

Earn the best voting returns!At Vite, voting for SBP is one of the most important methods to earn VITE. Unlike the other means, voting does not lock your assets and is easy to operate. By September 8, 2020, there are a total of 114,172,380 VITE coins voted for the 37 SBPs in the Vite MainNet, taking more than 10% of the total supply, approximately 20% of the circulating supply.However, not all the SBPs pay voting rewards to their supporters, and not every SBP pays the same. Since the list will be updated from time to time, it’s necessary to watch the latest list of SBP with rewards to achieve the best ROI for your investment.As of September 8, the following SBPs pay voting rewards (in alphabetical order). Please be kindly noted we don’t provide ROI details. You should reach out to the SBP (they usually have representatives in our Telegram groups) or ask the group admin to get the latest payback rate.Beauty.ViteElegance.ViteN4Q.orgN4YSwissVite.orgvite.bi23vite.NO1V666.funThanks to the above SBPs and all Vite voters. You do contribute to the notable decentralization of Vite!Official: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enUpdated List of SBP Who Pay Vite Voters was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

20. 09. 09

ViteX Launching One-Year An...

ViteX, our decentralized exchange, went live on July 30, 2019. It is a truly decentralized exchange with on-chain matching engine/trade settlement and dividend sharing via its platform coin, all implemented as smart contracts on the Vite public chain. And it solves the problem of non-transparency of both trading data and operations characteristic of centralized exchanges. Within a month of going live, mining was turned on. Users are able to mine VX via trading, making orders, staking, inviting other users, and listing coins. And VX owners are entitled to 100% of listing fees and trading fees from ViteX.At Sep 9, 2020, mining on ViteX has reached its one-year anniversary. Total amount of mining exceeds 10 million VX, and users have received proceeds of 96 BTC, or roughly 1 Million USD.As a thank-you for our users, and in celebration of the anniversary, ViteX is holding two mining-related campaigns.Campaign 1: Mining reward 10x multiplierDuring the campaign period (7 days), users will receive 10x the regular reward for market-making-as-mining (aka liquidity mining) on certain trading pairs. Rewards will be distributed the same way as the current method.Applicable trading pairs:VX/BTC, VX/VITE, VX/ETH, VX/USDTCampaign period: 7 days — Sep 9, 2020 12:00-Sep 16, 2020 12:00 (UTC+8)How does one participate in market-making-as-mining?https://forum.vite.net/topic/3569/how-to-mine-on-vitex-advancedCampaign 2: Free Referral as MiningUsers may obtain ViteX QR codes for free. Users that sign on via these QR codes will receive permanent benefits in mining.Campaign period: 30 days — Sep 9, 2020 12:00-Oct 9, 2020 12:00 (UTC+8)How does it work?During the campaign, the Vite team will reimburse selected individuals the 1,000 VITE payment used to generate a referral code.By inviting a friend with a referral code, you will be rewarded, for unlimited time, 5% of your friend’s trading as mining proceeds and 2.5% of your friend’s market-making as mining proceeds.What are the rules?1,000 VITE each will be sent to the top 50 users with the most number of valid referrals. Note, to qualify, users must make at least five valid referrals (defined below), and must also retweet the campaign rules tweet and tag at least three contacts on twitter.A referral is valid when the invited friend has trading volume greater than 0.05 BTC on trading mining-eligible trading pairs (Trading volume at other base markets must be equivalent to 0.05BTC, rates fixed at 4 am UTC Sep 9).Only new referrals invited during the event will be counted.Users may create the referral code any time during the campaign. Partakers of previous similar campaigns can also participate.The user with the most like’s in his or her retweet of the campaign post will also receive a Vite t-shirt as souvenir.Terms and Conditions:Only volume of trading Trading as Mining eligible trading pairs will be calculated.Trading volume counts both buys and sells, excluding any wash trades.ViteX reserves the right to disqualify trades that are deemed to be wash trades or illegally bulk registered accounts, self-dealing or display attributes of market manipulation.Rewards will be distributed within 2 weeks after the campaign ends.What is VX?ViteX Coin, VX, is the coin native to the ViteX platform. It is mined exclusively by the ViteX community and is used to allocate rewards back to the community.What can I do with VX?You can ​trade ​it on ViteX with the following trading pairs: VX/BTC, VX/ETH, VX/USDT, and VX/VITEEven better, you can ​hodl ​it to receive daily dividends in BTC, ETH, USDT. Trading fees collected by the ViteX platform are put into a shared dividend pool that is distributed ​back​ to traders at a daily rate of 1%. All accounts staking at least 10 VX in the exchange are eligible to receive dividends.How do I mine VX?https://vitex.net/mineLearn Morehttps://vitex.zendesk.com/hc/en-001/categories/360002942294-Guides-TutorialsViteX Launching One-Year Anniversary Dual Campaign! was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

20. 09. 08

Call for Vite Techies

We want you!Want to build something cool on the Vite public chain? Want to discuss and study Vite’s tech in real projects used by thousands? Want to meet Vite’s core developers? Want to explore Vite 2.0 with the team? This is the opportunity that you should never miss out.We humbly call for community developers to work with the Vite dev team. You will have the chance to participate in all aspects of development in the Vite ecosystem, including the Vite public chain, wallets, ViteX exchange, SDKs, tools, and more.We are looking forCore members, having insights into the blockchain industry and in-depth technical knowledge of blockchain projects and the trend. Core members will attend the discussion of Vite’s tech prioritization, feature enhancements, protocol upgrade, new technology adoption, and complete prototype design/development as per the discussion.Key developers, working closely with the Vite dev team to finish the development of new requirements and tasks. The key developers should have strong technical skills and responsibilities to complete the development on schedule.Solid contributors, willing to contribute to the long-term benefit of Vite, and having sufficient time to work on the assigned task for a period.You will be eligible if you areSeasoned blockchain developer.Skilled in software development. Blockchain development experience e.g. Solidity, web3, browser extension wallet like MetaMask is a plus.Proficient in at least one of the following languages or frameworks: Go, Java, Python, Javascript/Typescript, Node.js, Vue, Solidity. Knowledge in C/C++, Swift, Android, encryption algorithms is a plus.Kindly note this is NOT a paid task or a campaign. A Vite techie shall be awarded for the high-quality work, but in principle we do not make a commitment for rewards or payment a priori.You are not a Vite Techie if you areLooking for a job, including a part-time job.Bounty hunter.Non-technical.Join us, and let’s create something cool!In the meantime, Vite will soon launch Vite Techie Forum, an event regularly held online for everyone interested in the tech aspect of Vite. You are welcome to participate and share your thoughts! Please pay attention to our following announcements.Join https://t.me/vite_en and shoot a message to the admin to be involved!Official: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enCall for Vite Techies was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

20. 09. 08

Vite Bi-weekly Report

Aug 16–31, 2020Project UpdatesVite AppReleased v3.7.5 for Android device and v3.7.7 for iOS.New features and enhancementsAdded “Transaction Status” to the ETH transfer page. Currently, three transaction statuses are supported: Unconfirmed, Pending, and Confirmed.Support unconfirmed transactions on the ETH transaction details page.Ethereum gas price estimation enhancement.Vite App full-scale optimization started.In the next couple of months, we will fully optimize the Vite App, including code refactoring, user experience upgrades, and comprehensive security testing. During this period, we will reduce unnecessary minor version updates to ensure the optimization is correctly conducted.The Vite’s fifth hard forkThe fifth hard fork, named “Jupiter”, will be performed at 16:00 HKT on September 2nd. This hard fork contains a significant functional upgrade. After the hard fork, ViteX will support zero-fee conversion of stablecoins.At present, the hard fork is complete successfully. We thank the Vite community for their awesome supports, especially the Vite SBPs and exchanges such as Binance and OKEx.Scheduled height: 39694000Estimated fork time: 14:00, September 2, 2020 (HKT)Go-vite version: V2.10.0GitHub link: https://github.com/vitelabs/go-vite/releases/tag/v2.10.0Desktop walletNew Vite desktop wallet version 1.4.1 was released.New features and enhancementsSupport zero-fee stablecoin conversion.Improved UI style for multi-times liquidity mining.Download link: https://github.com/vitelabs/vite-wallet/releasesRecent MilestonesViteX Releasing Zero-fee, Mine-able, Decentralized Stablecoin ConversionViteX will soon debut its zero-fee stablecoin transfer service between four initial stablecoins USDT, USDC, DAI, and BUSD. This service is based on ViteX, the completely decentralized exchange protocol. The service not only secures users’ digital assets, but also requires no account registration or complex KYC process. In addition, to stimulate liquidity and reduce slippage, stablecoin transactions will come with liquidity mining (aka “market-making as mining,”) where limit order providers will earn VX.Read here: https://medium.com/vitelabs/vitex-releasing-zero-fee-mine-able-decentralized-stablecoin-conversion-87a7190c1982Vite Labs Forms Official Partnership with BANANOOn Aug 15, Vite Labs announced an official partnership with another DAG based project BANANO, where both projects will cooperate on exploring possibilities of DAG technologies and developing an open financial ecosystem. The two communities will engage in higher level of interactions through events such as hosting joint campaigns and distributing airdrops.Read here:https://medium.com/vitelabs/vite-labs-x-banano-partnership-announcement-a17ef704695dViteX ExchangeOperator VGATE Listed SparkPoint(SRK)On Aug 24, ViteX Operator VGATE listed SRK SparkPoint, and opened trading pair SRK/ETH.SparkPoint aims to fast track mainstream adoption of blockchain and cryptocurrency. From mobile payments, remittances, exchanges, gaming, etc., SparkPoint believes innovations can reinvent digital payments and build a better future.On Aug 27, ViteX enabled market-making as mining for trading pair HNS/USDT and participants can receive 3 times VX rewards for providing liquidity to HNS/USDT trading pair for one week.VX Mining One Year AnniversaryVX mining will soon have its first anniversary on September 9, 2020. As of now, an accumulative of more than 10 million VX have been mined on ViteX, over 100 BTC have been distributed to VX holders as dividends, and the left-over amount to be distributed in the dividend pool exceeds 30 BTC. To thank our users for your continuous support and in celebration of the anniversary, ViteX will be holding mining-related annual events in the upcoming days, all welcome to participate.Data on VITE and VXAs of August 31, 22,293,579.31 VITE have been burned through ViteX, accounting for 2.22% of total issuance.116,437,303.78 VITE are staked on ViteX, accounting for 11.64% of total issuance.10,691,550.89 VX have been mined, of which 9,610,710.87 VX (about 89.89%) are being staked for dividends.To-date, 101.04 BTC worth of dividends has been distributed. The pool of undistributed dividends stands at 32.66 BTC.ActivitiesOn August 20, Vite CPO Blackey Hou held a live video AMA with the Chinese community, where he discussed Vite’s next major plans.You may watch the replay here: https://m.yizhibo.com/l/VHxZ3Cn9hh_aHvEM.html?fro=weibo&from=singlemessageCOO Richard has planned a new episode of ”The Blockchain Debate Podcast“ where he invited managing partner of Dragonfly Capital, Haseeb Qureshi, as well as Chief Strategy Officer of the invest firm Coinshares, Meltem Demirors. The topic is, “Motion: Yield Farming is innovation.”Yield farming is one of the hottest topics since second quarter of this year. This debate will touch upon the mechanism and sustainability of this new paradigm.This show is a window to export Vite Labs’ thoughts on the industry. It is also a way for the Vite team to build relationships with other movers and shakers in the space.All episodes are available here: https://blockdebate.buzzsprout.comYou are welcome to follow Richard and the podcast here: Twitter.com/gentso09 / Twitter.com/blockdebateVite Labs has restarted the coin listing recommendation campaign and we welcome your participation. The community member that recommends a coin that gets listed will receive 1000 VITE. Please enter the contest here: https://twitter.com/ViteXExchange/status/1299295768142966784Official: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianSpanish: https://t.me/vite_spanishPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enVite Bi-weekly Report was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

20. 09. 04

ViteX Releasing Zero-fee, M...

Stablecoins experienced explosive growth in the first half of 2020, attaining market cap of over USD 10Bn. Due to their very nature of stable value against fiat, many users hold them for preservation of value. Among the many stablecoins in the market, the main ones are USDT, USDC, TUSD, BUSD, and DAI. Different stablecoins are useful in different scenarios. Note that the risk of holding only one type of stablecoin is high, thanks to operator risks that cause potential depreciation or inability/inconvenience to off-ramp. As such, users typically hold multiple kinds of stablecoins, and this creates a growing need for conversion between stablecoins.Traditionally, stablecoin conversions can be done via off-ramp/re-on-ramp, or trades on centralized exchanges. These processes entail bigger risks, higher transaction fees, and low liquidity. With the development of DeFi and Open Finance, decentralized stablecoin conversion protocols will gradually replace these older channels, by removing the centralized party and facilitating more secure transactions at lower costs.ViteX will debut its zero-fee stablecoin transfer service in the coming weeks. This service is based on ViteX, the completely decentralized exchange protocol. The service not only secures users’ digital assets, but also requires no account registration or complex KYC process.Also, due to the nature of Vite chain’s free transactions, there will be zero fees in the exchange process. To be clear, there will be zero fees both at the exchange transaction fee level, and at the public chain level (typically understood as “gas”).In addition, to stimulate liquidity and reduce slippage, stablecoin transactions will come with liquidity mining (aka “market-making as mining,” where limit order providers will earn VX). Market makers can therefore simultaneously arbitrage from stablecoin markets, earn additional mining rewards, and remit zero fees to the trading platform.Initially, we will open three stablecoin pairs for zero-fee conversion — USDC/USDT, DAI/USDT, BUSD/USDT:Deposit will open for USDC and DAI at 15:00 on Sept 3, 2020 (UTC+8)USDC/USDT and DAI/USDT begin trading at 15:00 on Sept 4, 2020 (UTC+8)Deposit for BUSD and USDT is already available. Pair BUSD/USDT is currently traded on the exchange, zero-fee conversion will available after the hard forkAs a pioneer and practitioner of the field of Open Finance, ViteX will always explore and implement features by thinking from the users’ perspective. We’re proud to release the zero-fee, mine-able, decentralized stablecoin transfer function; It will not only satisfy real needs from customers, but further enhance the DeFi ecosystem and propel the development of the blockchain industry at large.Official: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enViteX Releasing Zero-fee, Mine-able, Decentralized Stablecoin Conversion was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

20. 08. 26

Vite Labs x BANANO Partners...

We are excited to announce that Vite Labs has engaged in an official partnership with another DAG-based crypto project BANANO. Both Vite and BANANO have long been committed to, through different approaches, delivering real-usable ultrafast feeless blockchain use cases powered by DAG technology, and creating a truly open and transparent finance network.Since BANANO listing on ViteX, we have collaborated on several rounds of BAN airdrops through the Vite App. We are deeply impressed by the team’s pursuit for fairness and broadness of distribution, and the inclusiveness of the BANANO community. In order for both projects to learn more from each other and to increase visibility of DAG technology in the blockchain industry, Vite Labs and BANANO have decided to form an official partnership.The partnership includes but is not limited to the following:The Vite App will become a long-term designated channel for BAN AirdropsFunding of specific joint activities and campaigns with VITE or VX tokensMore mutual interactions on respective social channelsIncreasing visibility and awareness of DAG technologiesFurther connecting both communitiesAbout BANANOBANANO is a DAG-based next-generation cryptocurrency with ultrafast and feeless transactions. BANANO has ongoing 100% free and fair distribution in line with gamification and crypto education since 2018 and is used heavily through intuitive apps and easy interfaces within the expanding BANANO ecosystem.Follow BANANO:Website: https://banano.ccDiscord: https://chat.banano.ccTwitter: https://twitter.com/bananocoinMedium: https://medium.com/@bananocurrencyAbout Vite Labs and ViteXVite is a feeless, high-performance public chain and the world’s first DAG-based smart contract platform, well suited for commercial dApps with performance rivaling their centralized counterparts. Vite’s capabilities are made possible by its unique asynchronous architecture, hierarchical consensus, and snapshot chain. Vite has a steady record of deploying practical applications on its platform, with products including a decentralized exchange, a public-financing dApp for the American City of Syracuse, multiple game dApps, and micropayment platforms.ViteX is a decentralized exchange built on the Vite public chain. It is an open exchange run by the community, with its income passed through to the community. ViteX has a platform token VX, VX holders enjoy the right of receiving daily dividends of transaction fees and other revenue of ViteX exchange.Official: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enVite Labs x BANANO Partnership Announcement was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

20. 08. 25

Vite Bi-weekly Report

Aug 1–15, 2020Development AchievementsVite AppThe latest version 3.7.5 was released.New features and enhancementsAdded “Transaction Status” to the ETH transfer page. Currently, three transaction statuses are supported: Unconfirmed, Pending, and Confirmed.Support unconfirmed transactions on the ETH transaction details page.For ETH transactions sent to oneself, the amount is changed to gray color for users to recognize.New token-switch dropbox on the asset transfer page, simplifies the steps of switching tokens.Bug fixesRemoved the two redundant “-” in candlestick charts.Fixed mnemonic phrase restore error when using uppercase letters.ViteX ExchangeThe new feature of “friction-less stablecoin conversion” is in progress and will be launched in early September.The eligible trading pairs will be identified with a label of “0 Fee” on both the Vite App and the web wallet. Tradings on these pairs do not charge any fees. In the meantime, users can even mine VX by providing liquidity.ViteX is the first DEX to provide decentralized stablecoin conversion with zero fees. Three stablecoin pairs are expected to be present in September, stay tuned.Desktop WalletNew desktop wallet version 1.3.27 was released.New features and enhancementsImproved user experience of Vite Connect. In the case of reloading the wallet by a user, the connection will be auto re-established if the Vite App is still connected.The cumulative depth is displayed when user moves the cursor over a placed order.Recent MilestonesViteX ExchangeOperator VGATE listed Robonomics Network(XRT)On Aug 3, ViteX Operator VGATE listed XRT Robonomics Network, and opened trading pair XRT/BTC.Robonomics Network is a set of open-source packages for Robotics, Smart Cities and Industry 4.0 developers.Operator VGATE listed Flama (FMA)On Aug 7, ViteX Operator VGATE listed FMA Flama, and opened trading pair FMA/ETH.Flama is the first deflationary token on the market which is ready right now to build decentralized applications with enhanced features such as staking.Operator Vite Labs listed Handshake (HNS)On Aug 13, ViteX Operator Vite Labs listed HNS Handshake, and opened trading pair HNS/USDT. The trading pair is eligible for market-making as mining on ViteX.Handshake is a decentralized, permissionless naming protocol compatible with DNS where every peer is validating and in charge of managing the root zone with the goal of creating an alternative to existing certificate authorities.Technology SeriesOn August 7, we published the 7th article of the Tech series which explains how ViteX achieves decentralization.Read here:Tech Series #7: ViteX’s Decentralization ExplainedVite Ecosystem Incentive PlanIn order to further motivate and incentivize participation of both existing and new capable teams from our community to build together a more decentralized Vite ecosystem, Vite Labs is releasing Ecosystem Incentive Plan 2.0. The plan is designed to support developers in various ways such as staking for SBPs, voting, and allocating VITE rewards. We are currently finalizing details of Plan 2.0 and designing specific tasks, suggestions and opinions are encouraged and much appreciated.Data on VITE and VXAs of August 14, 21,543,910.32 VITE have been burned through ViteX, accounting for 2.15% of total issuance.113,836,785.95 VITE are staked on ViteX, accounting for 11.38% of total issuance.10,076,046.26 VX have been mined, of which 9,056,767.81 VX (about 89.88%) are being staked for dividends.To-date, 95.5 BTC worth of dividends has been distributed. The pool of undistributed dividends stands at 31.8 BTC.EventsChinese Community AMAOn August 5, Vite CPO Blackey Hou held a live video AMA with the Chinese community, where he discussed Vite’s fifth hard fork, the future positioning of Vite in the area of Open Finance, and comparison with other projects in the DeFi space.You may watch the replay here:Vite Labs-一直播International Community AMAVite COO Richard ran a new Telegram based AMA for the international community. Members of the community asked questions regarding our marketing strategy, plans for coin listings on ViteX, and development of dApp on Vite. Detailed responses to all these questions can be found here: https://forum.vite.net/topic/4110/vite-labs-leadership-ama-august-13-2020-reviewViteX Ambassador SelectionAll candidates for the ViteX ambassador contest have submitted their videos where they each interviewed a project listed on ViteX. The community voting is now underway. You may vote here:https://medium.com/media/2506adaf4cc6718b51a715914e7fc007/hrefThe three videos may be watched here:Interview with EpicCash by Alex (https://twitter.com/AlexandreRaffin)https://medium.com/media/0d58ccd30f1f2d6158fd3656d64394d0/hrefInterview with PegNet by Sichen (https://twitter.com/SichenHuo):https://medium.com/media/016debf094b5c95ee1468af8bd68c79b/hrefInterview with TurtleCoin by Amec (https://twitter.com/amec_nation):https://medium.com/media/1ba745d1bfdeeb72bf18c8b235764fc1/hrefThe Blockchain Debate PodcastVite COO Richard recorded a new episode of the Blockchain Debate Podcast. The theme of the debate is: “Blockchain analysis firms are bad for Bitcoin.” The guests this time include Alex Gladstein, Chief Strategy Officer of Human Rights Foundation, and Dave Jevans, CEO of CipherTrace, a blockchain analysis firm.Blockchain analysis firms assist the government in tracing on-chain money flows of criminals, and help financial institutions such as digital asset exchanges build out internal management systems that are compliant with local laws.This podcast helps Vite Labs export its brand to the world, and provides fruit for thought for the industry.All podcasts can be found here: https://blockdebate.buzzsprout.comYou’re also welcome to follow Richard’s Twitter account here: https://twitter.com/gentso09Official: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enVite Bi-weekly Report was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

20. 08. 21

Tech Series #8: An Introduc...

Tech Series #8: An Introduction to Vite ConnectBackgroundAs more third-party gateways are integrated into ViteX, an increasing security risk has been posed due to the increasing number of third-party services. Storing mnemonic seeds (or private keys) in browser becomes insufficient. An urgent need has arisen to find a remote signing solution in order to separate mnemonics/keys from web client. As an alternative of hardware wallet, it should use the private key saved in Vite mobile app to sign transactions sent from Vite web wallet. The final solution must be safe, convenient, and easy to implement.Let’s see two existing solutions first:https://github.com/MyEtherWallet/MEWconnecthttps://github.com/WalletConnect/walletconnect-monorepoThe major difference of the two solutions is the connection type between peers. Hereinafter I borrow some terms and diagrams from WebRTC architecture on https://developer.mozilla.org for illustration.MEWconnectMEWconnect implements a similar STUN (Session Traversal Utilities for NAT) server. The server detects the NAT type of two peers and exposes the public network address of each other to both parties (Note: this cannot be achieved under some NAT types).After knowing the public network addresses of each other, the two peers communicate directly.MEWconnect has no relay server. No one has access to communication data except the two peers. However, since most 3/4G network is under symmetric NAT where P2P communication cannot be realized, MEWconnect does not meet our requirement.WalletConnectWalletConnect implements a relay server like TURN (Traversal Using Relays around NAT). Once registered, the two peers are able to find each other and communicate through the relay server, so communications can be normally conducted in 3/4G network. This is the design we finally adopted in ViteConnect.Let’s take a deeper look at the handshake process of a web client and a mobile app — the typical use scenario of ViteConnect.Handshake Process in WalletConnectThe web client generates a key and a handshake topic, then displays in the form of QR code, which also includes server’s internet address.The web client sends a session request to handshake topic on the server, carrying a webclient topic, and then subscribes to the webclient topic for incoming messages.The mobile app scans the QR code, connects to the server, and takes the session request from the handshake topic. After decrypting the message with the key, the mobile app is able to get the webclient topic. Subsequent messages to the web client will be published through the topic. At this time, the mobile app will send an approveSession message, carrying a mobileclient topic.The web client receives the approveSession message, retrieves the mobileclient topic. Subsequent messages to the mobile app will be published through the topic.FeaturesAll messages are encrypted. The encryption key is only known by the two parties and transparent to the server.During session establishment, private topics (webclient topic, mobileclient topic) are exchanged in secure and will not be disclosed.Session request is sent and consumed only once, thus ensuring that even if the contents of handshake topic and encryption key in the QR code are leaked, the attacker cannot access the private topics of the two parties.Existing Problems of WalletConnectThe encryption key is not updated during handshake. If the QR code and encrypted message are exposed, a third party can read the message.Private topic is generated only once and cached locally in device. Once leaked, encrypted message can be intercepted by a third party.Peers cannot see each other, further the server does not know the corresponding relation between topics. The decoupling between peer and server may reason for security purpose. However, this also brings difficulties for implementing reconnection.Both server and web client use socket.readyState===1 to determine if it is ready to send the message. However, in our testing after the connection is broken, socket.readyState still keeps valid in next 5–7s. Messages during this time may be lost.Overall, the handshake process is cleverly designed. However, lacking of reconnection mechanism, server-side message storage, and topic recycling still leaves improvement space.Our workBecause ViteX’s users are globally located, one single server would cause high latency to some users and poor stability, thus multiple distributed servers should be set up.To solve the state agnostic problem between two peers, a heartbeat mechanism is introduced in ViteConnect. If the heartbeat of one party is not detected within 10s, the other party will send a disconnection message and then close the connection.To recycle unused topics, ViteConnect guarantees there is only one topic for every session. Long-term (1h) unused topics will be recycled.A basic monitor has been employed.After the first version of ViteConnect was released, the peak topic number in the first day was around 3700, serving more than 1200 users at the same time.Optimizations in V2According to feedbacks, in the first version messages were sometimes lost, and connections were dropped when screen lock.This is a stability/real-time tradeoff. In a poor network environment, whether to wait for the message to arrive or disconnect connection immediately for liveness is not always easy to decide. Considering the difficulty of liveness preservation in mobile app and measuring the impact of network delay, we chose to implement the reconnection mechanism in ViteConnect.Add a unique sequence number to each message, so that peers can re-subscribe from the last index after reconnecting.Introduce new message types:a. Session related messages. The messages should only be consumed once for security reasons.b. In the purpose of connection optimization, messages between peer and server should not be encrypted.c. Private messages should be kept on the server for a certain period of time, in case of topic re-subscription after reconnecting.d. Topics are recycled when idling for a certain period of time.3. Support version control. Version of message/peer should be detected by server. The server should select different processing methods when dealing with different versions of peers and messages.Reference materials:https://developer.mozilla.org/en-US/docs/Web/API/WebRTC_API/Protocolshttps://github.com/MyEtherWallet/MEWconnecthttps://github.com/WalletConnect/walletconnect-monorepohttps://github.com/WalletConnect/node-walletconnect-bridgeHttps://www.jianshu.com/p/a6713687bc1dHttps://www.jianshu.com/p/ecde412d2eebOfficial: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianSpanish: https://t.me/vite_spanishPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enTech Series #8: An Introduction to Vite Connector was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

20. 08. 19

Tech Series #7: ViteX’s Dec...

Generally speaking, if one certain sub-system of exchange is implemented in a decentralized approach, it can be categorized as a decentralized exchange in a sense. If we look at the existing decentralized exchanges from the perspective of decentralization degree, we can find that some of them are more decentralized, and some are less. In regards to what components should be decentralized, and to what degree of decentralization an exchange should achieve, there is no common understanding in the industry, and the actual implementation of the exchange reflects the architect’s view of decentralization, flexibility, performance, and trade-offs between them. As a firm practitioner of DEX, ViteX’s mission is to build an exchange of the best decentralization, leading to a hybrid approach of fully decentralized core components and, in order to take into account flexibility and user experience, a few centralized non-critical sub-systems. Let me explain in detail below.Decentralized ImplementationSub-systems of asset management, order placement, order matching, settlement, mining, and dividends are decentralized on ViteX.1. Asset ManagementAsset management involves deposit, withdrawal and asset storage. In deposit, a user initiates a transaction in his account to call the built-in contract of dexFund to lock the deposit assets in the exchange. Except for the withdrawal interface, there is no other place to transfer assets out of the contract. In withdrawal, the user calls dexFund to initiate an asset transfer from the contract to the user’s account. The dexFund contract will create a key-value record in contract storage for each user to track asset balance. The cumulative balance of the accounts should be exactly the same as the asset balance held by the dexFund contract on the Vite chain.2. Order Placement, Matching and CancellationWhen placing an order, the user initiates an order placement request to dexFund. The dexFund contract will verify the request, lock passed-in assets, and, if complete, call dexTrade contract to fill the order or fail otherwise. The matching engine in dexTrade adopts the Taker-Maker model on the basis of price-time priority. Let’s see an example.For a newly submitted order A, if another order B in the order book can be matched, A becomes taker, and the order will be executed at the price of maker B. If A is not fully filled, it will attempt to match the next order on the order book until there is no further order to match or fill. In this case, A becomes the maker waiting for others to take.Cancel an order is similar to order placement. It looks up the order id in the order book, and remove the order and unlock assets if the order id is found.On ViteX, the process of order placement, matching, and cancellation are performed by two smart contracts (dexFund, dexTrade), and the order book is implemented in the dexTrade contract. It is a completely decentralized design.3. SettlementOn ViteX, order matching and cancellation, mining, and dividends may involve assets settlement. Since the assets are secured in the dexFund contract, the settlement process is simplified by updating the balance of each account in the contract. For order matching and cancellation, the dexTrade contract initiates a request transaction containing a list of [address, token, change of amount] triples to dexFund, so the contract can look up in the key-value based storage and update the balance accordingly. For mining and dividends, since they are executed in dexFund, the settlement can be processed in the contract independently. Mining activities raise the circulating token supply, while dividends lock VX in the contract and distribute fee income to the accounts.4. MiningMining on ViteX is related to VX minting, destuction, transfer, VX emittance curve, mining metrics and algorithm.VX has no inflation. After minted, all VX tokens are transferred to the dexFund contract and locked. The emittance of VX is strictly following the release curve. The smart contract guarantees that no VX will be released ahead of schedule.In December 2019, over 70m VX were burned according to the new emittance curve, through a special interface of the contract. The new mining curve is determined by an algorithm written in dexFund, which uses a base cycle and the distance of a given cycle to the base cycle to calculate the release quantity of the day, so no one can tamper with or interfere.ViteX supports multiple mining methods, including stake mining, trade mining, referral mining, and liquidity mining. In stake mining, the balance change caused by staking or un-staking is tracked in the dexFund contract. Similar to stake mining, trade mining tracks the change of transaction fees while referral mining will calculate the cumulative rewards of both inviter and invitee in the contract too. At the end of a mining cycle, the dexFund contract executes the relevant mining algorithm to calculate the proportion of mined VX in total for each mining account and credit VX to the account.The total mined VX of liquidity mining in each cycle will first be sent to a temporary account in dexFund, and then an off-chain service will call the dexFund contract to distribute VX from the temp account to individual mining accounts. Liquidity mining is not fully decentralized. Except for liquidity mining, all mining activities on ViteX are completely decentralized.5. DividendsDividends on ViteX involve VX locking, unlocking and dividend algorithm.Locking and unlocking are initiated by the user, through a transaction call the dexFund contract. The contract tracks the locked VX of each account for the current cycle and calculates dividends at the cycle end. At present, the dividends distributed is 1% of the cumulative dividend pool, which is composed of 99% of the pool in the previous cycle plus the total trading fees collected in the current cycle. On ViteX, both dividend calculation and distribution are completed in dexFund, which makes it decentralized.6. Trading PairsOn ViteX, anyone can send 10,000 VITE to dexFund to open a new trading pair for the token owned and obtain operating right. The token ownership and operating right can be transferred. With operating right, one can set trading fees, and suspend or lift trading for the trading pair. All steps are completed by calling the corresponding interfaces of the dexFund contract, making trading pair operating decentralized.Centralized Implementation1. Market TrendThe various market-related data, such as price change, trading volume, candlestick chart, and order depth, are generated from the on-chain order matching results by a centralized crawler service.2. Advanced Order QuerySimilar to market trend data, the order query on ViteX is supported by a centralized service too. Users can call the service API to look up historical orders, query unfilled orders according to different conditions, and cancel orders as needed.3. Liquidity MiningCompared with stake mining and trade mining, liquidity mining has too complex rules to be implemented in the contract. Therefore we put it in a centralized service. We will introduce liquidity mining in a following article.SummaryIn this article, we have introduced the implementation details of the ViteX sub-systems from the perspective of decentralization. As a highly decentralized exchange, ViteX fulfills the commitments of traceability, transparency and security.Tech Series #7: ViteX’s Decentralization Explained was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

20. 08. 07

Vite Bi-weekly Report

July 16–31, 2020Development AchievementsVite AppThe latest version 3.7.4 was released on July 30.New features and enhancementsAdded a “0 Fee” icon to the markets page to highlight trading pairs that support zero-fee stablecoin conversion.New liquidity mining icon to strengthen the visual effect, more clean and focused.Improved Ethereum gas price auto-detection, ​to avoid the problem that transactions may not be confirmed in time when Ethereum network is jammed.Transaction list auto-refresh. The new transaction can be displayed in the record immediately after it is sent successfully.Bug fixesFixed long operator name overlap when switching trading pairs.Other minor bugs.ViteX ExchangeA major upgrade of ViteX is being scheduled to support the function of “friction-less stablecoin conversion”.According to the previous survey in the community, many users have the demand to exchange stable coins. Given that currently there is no exchange supporting free exchange between stable coins, ViteX will be the first DEX to launch the feature, providing a safe, convenient, and low-cost stablecoin conversion solution to users.Desktop walletNew desktop wallet version 1.3.25 and 1.3.26 have been released.New features and enhancementsNew “Reload” function added to the main menu to support wallet full refresh.Enabled right-click menu to facilitate fast copy/paste.A new entry added to the lower-left corner of the main page for switching themes.Bug fixesFixed a problem that may cause a crash after running for a long time.Recent MilestonesVite Chain Upcoming Fifth Hard Fork “Jupiter” for Stablecoin ConversionThe Vite chain is estimated to undergo a fifth hard fork, code name “Jupiter”, in September 2020. After this hard fork, ViteX will support “friction-less stablecoin conversion.” As such, users will be able to convert between stablecoins with zero transaction fees.This fifth hard fork is yet another step forward for Vite, in our effort to realize our original vision of “Open Finance.”Read Announcement: https://medium.com/vitelabs/ann-upcoming-vite-fifth-hard-fork-insights-sharing-building-an-open-finance-application-674c40b4fb4aVite was Selected as Top 10 Best Performing Altcoins with Market-Cap by CryptoDepartmentTechnology SeriesOn July 28, we published another article of the Tech series which explains why is it a lot more cost-efficient to deploy a smart contract on Vite than on EOS.Read here: https://medium.com/vitelabs/tech-series-6-the-economics-of-smart-contract-vite-v-s-eos-5481a170af38ViteX ExchangeIn order to improve ViteX user experience, especially with deposits and withdrawals, operator Vite Labs has started a 24/7 rotation shift schedule. Currently, 10 members from the Vite Labs team are involved with the shifts, ensuring that at least 1 person is responsible for handling timely issues with deposits/withdrawals and monitoring smooth operation of the exchange at all times. Since the implementation of the new shifts, we have observed significant improvement in user experience and reduction in tickets submitted. In the future, we will continue to optimize and iterate ViteX’s standard operating procedures to ensure that user experience at our decentralized exchange meets the standards of the mainstream exchanges.Data on VITE and VXAs of July 30, 20,957,474.5 VITE have been burned through ViteX, accounting for 2.09% of total issuance.120,908,799.10 VITE are staked on ViteX, accounting for 12.09% of total issuance.9,516,204.37 VX have been mined, of which 8,428,345.87 VX (about 88.56%) are being staked for dividends.To-date, 80.91 BTC worth of dividends have been distributed. The pool of undistributed dividends stands at 29.09 BTC.EventsVite AppVite COO Richard held an AMA with the Chainlink community, where he focused on ViteX. Topics included high performance and mining capabilities on ViteX, ambassador selection process, and zero-fee stablecoin conversion as part of ViteX’s plans to implement Open Finance.Replay available here: https://www.youtube.com/watch?v=IAOVcYnGETcVite CPO Blackey Hou held a livestream with the Chinese community, where he discussed ViteX’s future plans, including those targeted at implementation of Open Finance.Replay available here: https://www.yizhibo.com/l/ET6lRiQU419Tt-au.htmlViteX Ambassador selection process has entered its final phase. We have narrowed to a pool of three candidates. They each have selected one ViteX-listed project to interview. After the release of their videos, the community will vote and make a final determination.Relevant Twitter announcement:https://twitter.com/ViteXExchange/status/1288327636788289536?s=20COO Richard hosted a discussion panel on crypto mining as an event for the well-known Silicon Valley Bitcoin Meetup. The guests included Genesis Mining and Great American Mining Co.Replay here: https://www.youtube.com/watch?v=tVIhRq6QZRMCOO Richard published a new episode of ”The Blockchain Debate Podcast“ where he invited CEO of Solana, Anatoly Yakovenko as well as Director of Business Development Emre Tekişalp at Coda. The topic was, “Motion: Blockchains of today cannot increase TPS without sacrificing decentralization.”This show is a window to export Vite Labs’ thoughts on the industry. It is also a way for the Vite team to build relationships with other movers and shakers in the space.All episodes are available here: https://blockdebate.buzzsprout.comYou are welcome to follow Richard and the podcast here: Twitter.com/gentso09 / Twitter.com/blockdebateOfficial: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianSpanish: https://t.me/vite_spanishPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enVite Bi-weekly Report was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

20. 08. 05

Tech Series #6: The Economi...

Tech Series #6: The Economics of Smart Contract — Vite v.s. EOSCosts of smart contract on ViteOn Vite, the costs of smart contract depend on the resources used, including CPU, memory, network bandwidth, storage space, etc, and the resource consumption is measured in terms of quota, which can be obtained by staking VITE coin. Quota is refilled every snapshot block during the stake period. The staking size is proportional to the actual resources that are used by the contract. The more resources used, the more VITE coins should be staked.Note: Apart of staking, Vite also supports another method of solving PoW puzzle to get free quota. It will be discussed below.In general, the costs can be split into two parts: — Cost of creating a contract: To create a smart contract, the contract developer needs to pay a 10 VITE deployment fee, which will be destroyed. In the meantime, a small amount of quota is consumed from the developer’s account to trigger the deployment transaction. — Cost of calling a contract: Due to the asynchronous architecture adopted by Vite’s smart contract, both transactions of request (triggering the contract) and response (executing the contract) consume quota. The former spends quota from the user’s account, while the latter is usually secured by quota staked for the contract account by a contract developer.Costs of smart contract on EOSThe cost of an EOS contract is measured in three resources: RAM, CPU, and NET. RAM is on-chain storage, including account balances, public keys, staking and voting entries, contract states, etc. For example, creating an ordinary EOS account requires 4KB of RAM to store the related information. For a smart contract, RAM is used in storing contract’s code and states. Specifically, contract states are the data saved through EOS’s DB interface. This part of cost can be covered either by the contract developer or by the user, counting on how it is specified in the contract. RAM must be purchased in the secondary market, and can be recovered after the resource is released. The selling price of RAM follows Bancor Algorithm.CPU and NET stand for CPU resource and network bandwidth on EOS. They are both obtained by staking EOS coins, and the amount of resources retrieved depends on the proportion of the stake amount of an account to the total amount of all current stakes. The amount of CPU and NET resources specifies the CPU cycles in microseconds the account is able to execute and the size of network capacity in bytes the account can leverage in the current window (a window is equivalent to 24h according to the EOS’ specification). CPU and NET are consumed for each EOS transaction, and will be restored in the next window.The cost of an EOS contract can also be split into two parts: — Cost of creating a contract: To create an EOS contract, the contract developer must pay RAM for storing contract states, as well as CPU and NET to launch the contract creation transaction. — Cost of calling a contract: To call a contract, the user needs to spend CPU and NET in executing the contract call. If the contract has new contract state to store, RAM is also charged. In most cases, it’s the user who pays the RAM.Cost ComparisonAn ExampleLet’s see a simple quiz contract.The contract has a guess function, which takes a number ranging from 0–9. The function generates a random seed, and if the last digit of the random seed is the same as the input parameter, it prints “win”, otherwise prints “lose”.On Vite the contract code is as follows:To create the contract:The contract developer pays 10 VITE as deployment fee, and at least stakes 400 VITE or calculates a PoW with a difficulty of 147722953 to launch the contract creation transaction. The quota consumption is 45956.To call the contract:The user should stake at least 267 VITE (in this case, one call request can be triggered every 75 snapshot blocks, approximately 75s) or calculate a PoW with a difficulty of 75164738 (in this case, one call request can be triggered per snapshot block, approximately 1s). The quota consumption is 23448.The contract developer should stake at least 267 VITE for the contract to execute a contract response for every 75 snapshot blocks, approximately 75s. The quota consumption is 22288. Ideally, the contract can process up to 3455 calls in three days.On EOS the contract code is as follows:To create the contract:The contract developer should create a contract account that consumes 200 bytes of NET and 214 μs of CPU;He also needs to update the contract code and ABI, consuming 704 bytes of NET and 4664 μs of CPU.After the contract is deployed, a total of 10873 bytes of RAM are used, which costs 0.578 EOS.To call the contract:The user triggers a contract call transaction that consumes 96 bytes of NET and 1665 μs of CPU. To perform 3455 calls within 3 days, at least a stake of 0.338 EOS for NET and 63494.205 EOS for CPU is required.Note: On June 11, 2020, the RAM price was approximately 1 EOS buys 18.81 KB RAM, the NET price was approximately 1 EOS gets 0.98 MB NET, and the CPU price was approximately 1 EOS gets 90.6 μs of CPU.Comparison of staking costs between Vite and EOS under different transaction volumes (0.1 TPS means that the contract is executed once 10s):Note: 1 VITE = 0.01538 USD,1 EOS = 2.6601 USD,1 EOS = 5167.98 EOS loan for 30 daysAccording to the table, to deploy the same smart contract on the two platform, the staking cost on EOS is 77240.85x of that on Vite. If the contract serves 5 requests per second, the staking cost reaches a ridiculous amount of $63,354,138.23 on EOS, with the comparison of $819.37 on Vite.Considering the huge gap of staking cost between the two platforms, instead of staking for resources, the user can choose to borrow resources from EOSREX to reduce cost. In this case, to borrow sufficient resources for 30 days, he must pay 4608.637 EOS as rental, equivalent to $12258.97, which is still 14.96x of the staking cost on Vite.SummaryCosts are much, much lower on Vite than on EOS for smart contract;Compared with EOS, Vite is extremely suitable for scenarios like high-frequent execution.Referenceshttps://developers.eos.io/https://eospark.com/https://vite.wiki/tutorial/contract/contract.htmlhttps://vite.wiki/tutorial/rule/quota.htmlOfficial: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianSpanish: https://t.me/vite_spanishPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enTech Series #6: The Economics of Smart Contract — Vite v.s. EOS was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

20. 07. 28

[ANN] Upcoming Vite Fifth H...

[ANN] Upcoming Vite Fifth Hard Fork & Insights Sharing: Building an Open Finance Application PlatformThis article is written by Vite CEO Charles Liu (https://twitter.com/chunming_liu).It is both an announcement for hard fork, and a part of our Vite Insights series.As a new digital model for finance, DeFi became a hot blockchain topic in 2020. The difference between DeFi and traditional finance is that the former mechanism removes third-party from transactions, by leveraging protocol and code. This makes the financial process more open and transparent, prevents opaque practices by operators, and allows for easier programmatic access and usage.Up to this point, DeFi as typified by applications in the ethereum ecosystem, has exceeded expectations of many. This is the case from the perspective of number of useful scenarios, project market cap, amount of users and total value locked. We’re now closer to mass adoption, thanks to the proliferation of decentralized exchanges, stablecoins, and lending businesses.Simultaneously, we see that, there are many problems DeFi still faces today. Every Defi project has achieved some degree of decentralization from a protocol and code level. And yet, there is a huge disconnect of usage between these projects. It is difficult to transfer value and trust between different public chains; the competition between many stablecoins segments the market, and carves up liquidity; different protocols and applications have their own economic and governance models, thereby creating “islands of value” that disallows interoperability.For example, if a user holds assets (e.g., Bitcoin) on a certain public chain other than Ethereum, it is difficult to obtain a loan via an Ethereum-based DeFi application; also, if someone borrows USDC from a certain platform to pay off a DAI-denominated loan on another platform, this necessitates the hassle of a conversion; lending platforms are unable to rely on pricing and liquidity on third-party DEX for collateral liquidation; in terms of protocol audit, rule changes, interest rate adjustments, and attack mitigation, current DeFi platforms still rely upon centralized governance.As we look to the future, DeFi will become more open, from the phase of “Decentralized Finance” to “Open Finance.”The keyword “Open” in Open Finance can be seen in the following ways:Borderless transfer of value. In this new system, value such as assets and credit can move freely between different public blockchains and different applications.Composability of protocols. In the entire ecosystem, protocols for asset insurance, borrowing, decentralized exchange and stablecoin conversion can inter-operate and be composed on top of one another.Open ecosystem and governance. The community can participate and share proceeds. Anyone can make use of existing protocols and products, participate in the development and audit of protocols, freely compose protocols or types of assets, and affect decisions in a decentralized way.Vite is one of the earliest proponents and practitioners of Open Finance. Before the term “DeFi” was born circa 2018, we had included “ecosystem of values” in a core goal of Vite chain. The idea is to create basic infrastructure and practical applications around asset issuance, decentralized exchange, stablecoins, payment, and cross-chain asset transfers.So far, we’ve been able to complete the foundational layer of public blockchain, decentralized exchange, wallet, and payment technologies. And we are upgrading and operating these products. As a next step, we will continue to lead the industry in the area of Open Finance.Our DEX ViteX became live in July of 2019. Its ability to do on-chain settlements, order-matching, and dividend distribution all owe to the high performance and low transaction cost with Vite chain. ViteX is already completely decentralized and we will look to decentralize governance in the future as well.ViteX is one of our applications in Open Finance. It provides decentralized financial service via blockchain, creates a more open and transparent financial system, and protects user assets. In the future, ViteX will continue to evolve, and make more contributions to the realm of Open Finance.In September 2020, the Vite chain will undergo a fifth hard fork, with the code name “Jupiter.” After this hard fork, ViteX will support “friction-less stablecoin conversion.” As such, users will be able to convert between stablecoins with zero transaction fees.Block height: 39694000Estimated fork time: Sep 1, 2020 13:00 UTC+8go-vite version: V2.10.0Github link: https://github.com/vitelabs/go-vite/releases/tag/v2.10.0Why does ViteX support zero-fee conversion for stablecoins?In 2020, the coronavirus has caused severe movement in traditional finance markets and crypto markets. Investors’ needs for stablecoins have exploded. By July 23, the total stablecoin market has exceed 12 Bn USD. In the first half of 2020, total market cap of stablecoins went up 140%, daily transaction volume rose to 1.5 Bn USD, and total buy-order amounts increased by 50%.Due to their low volatility, stablecoins are suitable for payment and store of value. The rise of DeFi stimulated the use and demand for stablecoins. More than 2 Bn USD of stablecoins have been locked, including USDT, TUSD and DAI. As DeFi continues to heat up, there will be more different types of stablecoins, thereby boosting the need for inter-stablecoin transfers.Per our research, there are very few exchanges that enable stablecoin transfers. ViteX will be the first exchange to enable zero-fee stablecoin conversion.This fifth hard fork is yet another step forward for Vite, in our effort to realize our original vision of “Open Finance.”Official: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianSpanish: https://t.me/vite_spanishPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=en[ANN] Upcoming Vite Fifth Hard Fork & Insights Sharing: Building an Open Finance Application… was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

20. 07. 27

Vite Bi-weekly Report

July 1–15, 2020Development AchievementsVite AppVite App v3.7.3 is released on July 14.New features:Two more order entries added to order book from 10 to 12.Address indexes added to “My Address” for Vite and Ethereum assets to facilitate address distinguishing.Reminder of trading suspension. If the operator suspends a certain trading pair, users can see a message on the trading page and cannot place new orders. Canceling existing orders is still allowed.ViteX ExchangeNew features and enhancements:Decimal place display optimization for order price and quantity, to avoid some rendering errors on the trading page and improve order book aggregation.New function to exchange stablecoins with zero fees. This feature will be launched in August.The source code of ViteX Open Gateway is released to facilitate third-party gateway development by operators. The open gateway is implemented on top of Spring Boot and MySQL, and provides the cross-chain mapping function of assets on Vite and on other blockchains. The current version is 0.1.0. Stay tuned for more upcoming improvements in subsequent releases. (Repository link: https://github.com/vitelabs/open-gateway — Connect to preview)Desktop walletVite Desktop Wallet v1.3.25 is released, in which most enhancements are complete according to comments and feedback received from the community since the desktop wallet launched last month.Installation link: https://github.com/vitelabs/vite-wallet/releases/tag/v1.3.25-0Recent MilestonesVite Roadmap UpdatesBased on our evaluation of the industry, experience of exploration and practice, also in combination with results of the community survey, we have made several adjustments to the Vite roadmap that will shift our focus to better expansion of Vite ecosystem and large-scale application of Vite public chain in real-world use cases. The new roadmap will build around the public chain, the App, and the decentralized exchange, with Open Finance and DeFi application scenarios being the points of penetration and focuses of product development and operation promotion. The key is to make the Vite public chain a commonly used chain and make Vite products easy-to-use products so that the Vite ecosystem will carry greater value, satisfy a wider range of needs, and attract more users. Find out more here: https://medium.com/vitelabs/vite-roadmap-review-and-adjustments-e14592c15ae4Vite and Binance Collaboration on “Register and Trade” CampaignFrom July 3 to July 10, Vite and Binance collaborated to hold a “Register and Trade” campaign on Binance.com with prizes of 380,000 VITE and 5,000 USDT in Futures Vouchers.Vite COO Featured at Binance Off the Charts Virtual ConferenceVite COO Richard Yan spoke at Binance Off the Charts Virtual Conference on July 14th as one of the panelists. The discussion was on Emerging Applications for Blockchain and Crypto.Watch the panel discussion:https://www.youtube.com/watch?v=sJinPymuWJ0VITE Burn Over 20,000,000Since the community voted to burn VITE coins in the dividend pool in October 2019, as of July 8, a total of 20,028,050 VITE coins have been burned.Sources of VITE coins for burning:Token issuance fee on Vite ChainViteX trading fees in VITEViteX referral code paymentsFees to open trading pairs on ViteXViteX ExchangeOperator VGATE listed XMV MoneroVOn July 13, ViteX Operator VGATE listed XMV MoneroV, a fork of Monero, and opened XMV/BTC trading pair.MoneroV fulfills the long overdue desire for a truly anonymous, decentralized, finite peer-to-peer electronic currency. Individuals and businesses can transact securely, reliably and anonymously with low fees using MoneroV.Data on VITE and VXAs of July 15, 20,315,862.55 VITE have been burned through ViteX, accounting for 2.03% of total issuance.120,765,820.98 VITE are staked on ViteX, accounting for 12.07% of total issuance.8,940,185.73 VX have been released, of which 8,193,988.99 VX (about 91.65%) are being staked for dividends.To-date, 75.4 BTC worth of dividends have been distributed. The pool of undistributed dividends stands at 30.1 BTC.ActivitiesOur COO Richard published a new episode of the Blockchain Debate Podcast, with the topic “Scaling is impossible without sharding or layer-2 solutions.” The guests were Solana’s CEO Anatoly Yavovenko and independent blockchain consultant Georgios Konstanopoulos. The debate was co-hosted by Tarun Chitra, CEO of the Gauntlet, a blockchain simulation platform.This podcast series helps Vite Labs export our brand and output thoughtful content for the industry. You may listen to all previous episodes here: https://blockdebate.buzzsprout.com. And you are welcome to follow Richard here: Twitter.com/gentso09.Our COO Richard ran a new AMA for the international community. See transcript here: https://forum.vite.net/topic/4024/vite-labs-leadership-ama-july-10-2020-review。The questions followed these themes:New roadmapPlans for listing new coins on ViteXPace of software developmentThe team of core community managers had an internal hangout meeting, and came up with plans for new community campaigns.For instance, ViteX has started a campaign to recruit an ambassador. He or she will run video AMA series with projects listed on ViteX. You may apply here: https://twitter.com/chunming_liu/status/1283907739303817216?s=20The community campaign for coin-listing has also started.Please add your suggestions for new coins here: https://twitter.com/ViteXExchange/status/1281982525414367233?s=20Official: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianSpanish: https://t.me/vite_spanishPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enVite Bi-weekly Report was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

20. 07. 21

Collecting ViteX Listing Re...

It has been a year since ViteX went live. Even though the year 2020 has been tough, we are excited to see ViteX, as a DEX, has come this far, and we are very thankful for the tremendous amount of support and compliments we received along the way from our users, and our operators such as VGATE, Bi23, and so on.ViteX has always been committed to support both new and established blockchains, especially less-known and undervalued altcoin projects, and help drive awareness in the industry. As ViteX is going into an expansion period, we wish to attract more new users through listing projects with high quality and valuable potential, and we’d love to hear your thoughts. Make recommendations of projects you wish to see on ViteX, you will have a chance to win a maximum of 10,000 VITE (~150 USD) if your project gets listed!Rewards Details“Scout” Reward: 5,000 VITE shared by up to two peopleWe will select a project from the recommendations that is most suitable for ViteX. Keep in mind that the hottest projects are not necessarily the best to be listed by us. The selected project will have a pool of 5,000 VITE to be shared by two (2) recommenders at the most. This will be the first person introducing the project, and the person providing the most comprehensive information on the project. It can be the same person!“Liaison” Reward: 5,000 VITE poolAn additional pool of 5,000 VITE will be rewarded to one or more recommenders that successfully lobby the target project to list on ViteX. This set of winners can be completely different from the winners above. Basically, anyone can be our representative, our business development agent, for that project. To be fair, we will not decide who to win this reward, but let the project officials decide. We will ask their opinions on whom to be rewarded at the time of listing.ExamplesScenario 1: Jane Smith discovered a great project called XYZ. She submits the coin recommendation Google form and then contacts the XYZ project team to list on ViteX. The project team agrees to list, and XYZ has been selected by Vite team as the *best* recommended project. Jane happens to be the only person recommending XYZ. So she gets 10,000 VITE.Scenario 2: In addition to scenario 1, Adam Johnson also submitted XYZ and provided extremely comprehensive explanation for why XYZ is a worthy coin. But he is not the first person to recommend the coin. Adam also contacted the XYZ project to list on ViteX, and XYZ project team informs ViteX that both Adam and Jane deserve the “Liaison” reward. So Jane and Adam share the “Scout” reward of 5,000 VITE, and the “Liaison” reward of 5,000 VITE>We will accept recommendations throughout July! Here’s the recommendation form.Selection CriteriaSize of communityScarcity of exchange listingsFrequency and recentness of Github commitsYou will be asked to provide the following information about the project:Name of ProjectCoin TypeTotal and Circulating SupplyCoin InflationCoin Distribution Breakdown (Market, private, team lockup, etc.)ICO or IEO — If yes, please provide details (ex, platform, ICO/IEO size, coins collected).Trading ExchangesSize of Community (if known)Active Social ChannelsEvidence of Active Software Development— Go to Github, select an active repository.— Go to Insights, select Pulse, and change the period to “1 month”— Record the following data:Excluding merges, * authors have pushed * commits to master and * commits to all branches. On master, * files have changed and there have been * additions and * deletions.Example: 12 authors have pushed 100 commits to master and 9 commits to all branches. On master, 56 files have changed and there have been 2 additions and 0 deletions.Links to Official WebsitesExplanation for why you recommend this project (unique concept, hot topic, etc)Other information you wish to provideOnce again, you may find the recommendation form here.We look forward to hearing from you!Collecting ViteX Listing Recommendations was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

20. 07. 11

Vite Roadmap: Review for Q2...

A Letter from Charles LiuDear Vite Community:I am writing about two things regarding our roadmap. First, I will review the milestones we achieved in Q2 2020, which I am very proud of. Second, I will communicate to you some adjustments we are making to the Q3 and Q4 portions of the roadmap. These changes are based on both results of the community survey and a focus on strengthening our flagship product — ViteX.Q2 ReviewLet me run through each item in the Q2 list of milestones.DeFi — Borrowing and Lending: This is discussed in detail in this article. I will only add that, while we are pivoting away from this product, we are focusing on products with much bigger bang for the buck, as you will see in the roadmap adjustments section below.Hardware Wallet — Ledger: Enabled. Command-line installation of wallet app is now available. Ledger app store installation pending approval by Ledger.ViteX in Mobile — Klines: Display of k-lines (aka “candlestick graphs”) has been added to our mobile version of ViteX.One-step DEX Deployment: An initial version of open-source gateway code has been completed. Third-party gateways may now be easily deployed: https://github.com/vitelabs/open-gatewayVite HD Wallet — BTC Support: Wallet app is currently undergoing restructuring prior to commencement of BTC support. We had sent a community survey that is related to the restructuring. (LINK)Vite Web Wallet Upgrade: The main upgrade is interoperability between web wallet and the hardware wallet Ledger.Vite Desktop Wallet: This was released: https://github.com/vitelabs/vite-wallet/releases/tag/v1.3.20Dex Open API: This was released: https://medium.com/vitelabs/announcing-official-vitex-api-and-user-guide-e8ea2db8134e.Q3 and Q4 RoadmapsSee below for the new Q3 roadmap, with explanation:Q3 2020 RoadmapBased on community survey results and internal review, we have decided to delay the release of “Smart contract — scheduling service” and “Vite Naming Service” due to a lack of perceived immediate use. They are no longer included in the 2020 roadmap.See below for the new Q4 roadmap, with explanation:Q4 2020 RoadmapWe are postponing “Vite 2.0 — Alpha Test” and “ViteX on Vite 2.0 — Alpha Test” to allow proper and thorough design for Vite 2.0, and to give room for multiple other new items on the roadmap.For the change to the item “DeFi on Vite 2.0 — Alpha Test,” see earlier discussion on DeFi.ConclusionAs I previously mentioned, I am pleased with our accomplishment in Q2, and I look forward to tackling these challenges as outlined in the new roadmap in the coming months. I am as excited about the future of Vite as ever, and I hope you are as well.If you have any questions, feel free to ask! We are reach-able on our various channels, including our regular AMAs.Regards,Charles LiuOfficial: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianSpanish: https://t.me/vite_spanishPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enVite Roadmap: Review for Q2 and Adjustments for Q3/Q4 was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

20. 07. 10

The Survey Result for ViFi ...

Dear Vite Community,On June 17, we have sent out a survey about ViFi (DeFi on Vite) asking for your inputs, in terms of the actual demand for ViFi, and borrowing/loan rates acceptable under said demand.Here we would like to share the results with you.Use Cases SurveyThe demands mainly lie in borrowing and lending VITE and VX — 61% in TotalBorrowing VITE (and VX)Statistic shows a majority of participants will borrow VITE at a rate under 15%, who take 67.8% in total plus those with no need.Most people wish to borrow low, which is completely understandable.Lending VITE (and VX)In this chart, 62.7% of the participants want to lend with a yield above 15%.People want to lend high. This is reasonable too.Borrowing USDT and Lending USDTThe results are relatively scattered. But still, 67.8% will only borrow USDT at an interest no higher than 6%, while 57.6% of participants will only lend USDT at no less than 6%.Analysis and Our DecisionBased on the survey, we reached the following conclusions:The majority (67.8%) of participants would only borrow VITE/VX at a rate under 15%; in the meantime, the majority (62.7%) of participants will only lend VITE/VX to others with a yield above 15%. This means only a fraction of the total surveyed group would be able to find a match for their borrowing/lending needs.The total number of respondents was not low, but also not high. When combined with the above fact that only a fraction of respondents will participate, we conclude that usage would not be strong.Staking of VITE to obtain VX consistently yields 20%+, and this already satisfies the 70% of the lending demand according to the survey.We made similar conclusion for the cases of borrowing/lending USDT.Many other priorities await our attention, as you will see in our new roadmap.As such, we have decided to suspend ViFi’s development. To be sure, we can revisit this topic at a later time, when there’s strong evidence of more user demand. Vite is like a high-speed train, which sometimes needs to stop during the journey, to refuel, get more people on board, and head for the next stop. We will not stop the research and exploration of DeFi, but will restart the opinion gathering process on ViFi from the community at an appropriate time in the future.In the meantime, our resources are better directed at other efforts, including continual improvement of ViteX (such as integration with more coins on ViteX, open-source ViteX gateway) and Vite App (Major upgrades and third-party development on Vite wallet), as well as other items to be mentioned in our quarterly milestone review letter.Official: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianSpanish: https://t.me/vite_spanishPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enThe Survey Result for ViFi (DeFi on Vite) and Our Decision on this Product was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

20. 07. 10

Vite Bi-weekly Report

June 15–30, 2020Development AchievementsVite AppThe development of Vite App v3.7.2 has completed. It is being tested at the moment, and will be formally released soon.New features and bug fixes:Dividend Notification. A notification message will be sent to app when the daily dividend is distributed.Mining logo when switching trading pairs. In the previous version, mining logo was not displayed when switching trading pairs on the trading page. The new version fixes the issue.Localization optimizations for various languages, making the app more friendly to users of different countries.Other minor bug fixes.ViteX ExchangeNew features and enhancements:Candlestick charts for 2h and 4h, which will be available in Vite App v3.7.2.New API endpoint for visiting real-time trade mining statistics. The new API will return the current VX release data and cumulative trading fees in each market, in order to facilitate mining cost estimation.ViteX gateway technical upgrade with enhanced security and robustness.Desktop walletAs an important part of the Vite ecosystem and wallet product family, Vite desktop wallet has been officially launched.Basically, the desktop wallet is similar to Vite web wallet, including the functions of wallet and ViteX exchange.New features:Stricter security rules in protection of private keys, effectively avoiding potential attacks.New account creation. On Vite desktop wallet, user can login through scanning QR code (via ViteConnect), restoring existing account from mnemonic phrase or local backup file, or creating a new account.Wallet backup. Backup your wallet accounts in a JSON file and restore anywhere!In general, Vite desktop wallet is more secure and easy-to-use. It is highly recommended to install if you need to access your Vite wallet account on your computer.Download desktop wallet: https://github.com/vitelabs/vite-wallet/releases/tag/v1.3.22Recent MilestonesBinance Block101 Live Video AMAOn June 19, in a live AMA program hosted by Binance Block 101, Vite CEO Charles Liu shared with audience the new stories of public chain and DEX (Decentralized Exchange).https://youtube.com/watch?v=TDa3MH98WHs…CEO Letter to the CommunityOn June 24, Vite CEO Charles Liu sent out a letter to the community, along with a survey calling for community ideas on new things to build at Vite. Everyone is encouraged to contribute thoughts and interests.Read here: https://medium.com/vitelabs/a-call-for-community-input-from-vite-labs-ceo-charles-liu-1dc96a657ff1Technology SeriesOn June 18, we published the fifth article of the Tech series which answers to questions related to ViteX’s Built-in ContractRead here: https://medium.com/vitelabs/tech-series-5-inside-vitexs-built-in-contract-945d7bb431893 Million BAN Airdrop EventA third round of BAN airdrop has been started on June 28, with a total of 3 million BAN. Users can claim 19 BAN every day by visiting the Vite App. An additional 23 BAN can be claimed each day upon completing several simple tasks.Download the App: https://app.vite.net/Vite Insights SeriesOn June 30, Vite COO Richard Yan published an article of the Vite Insights Series, in which he shared experience on leading a decentralized global team and behind-the-scenes stories of managing the Vite team.Read here: https://medium.com/vitelabs/vite-insights-how-to-effectively-lead-a-decentralized-team-6d1f76774989ViteX ExchangeOn June 16, ViteX enabled market-making as mining for trading pair CGLD/USDT. CGLD is an asset listed and supported by Operator Bi23. ViteX values its Operators and sees market-making as mining an important initiative in boosting liquidity.On June 18, the Dune project held an AMA with the ViteX community and rewarded 7,000 DUN to participants.On June 23, ViteX enabled market-making as mining for trading pair XGM/BTC. XGM is an asset listed and supported by Operator VGATE.Data on VITE and VXAs of June 30, 19,602,884 VITE have been burned through ViteX, accounting for 1.96% of total issuance.129,955,233.02 VITE are staked on ViteX, accounting for 12.9% of total issuance.8,307,408.55 VX have been released, of which 7,711,809.33 VX (about 92.83%) are being staked for dividends.To-date, 69.5 BTC worth of dividends have been distributed. The pool of undistributed dividends stands at 31.1 BTC.ActivitiesVite Labs COO Richard released a new episode of the podcast series The Blockchain Debate Podcast, with the topic around nation-state attacks on bitcoin. Independent crypto analyst Hasu and London-based payment tech entrepreneur Mike Kelly came on as guests.The episode touched upon the incentives, methodology, aftermath and community resolution in relation to nation-state attack.Through this program, we are able to provide our thinking for the industry. This is also an opportunity for the Vite team to build connections with industry thought leaders.All episodes may be downloaded here: https://blockdebate.buzzsprout.comYou are welcome to follow Richard and the podcast at: Twitter.com/gentso09 / Twitter.com/blockdebateOn June 22, our COO Richard spoke at a virtual event hosted by the San Francisco based crypto saloon Starfish, where he discussed blockchain tech with the local crypto community.Official: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianSpanish: https://t.me/vite_spanishPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enVite Bi-weekly Report was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

20. 07. 08

Binance Block 101 : Exclusi...

Binance Block 101 : Exclusive Talks with Charles Liu — The New Stories of Public Chain and DEXOn June 19, 2020, in a live AMA program hosted by Binance Block 101, Vite CEO Charles Liu shared with audience the new stories of public chain and DEX (Decentralized Exchange).https://medium.com/media/67b412479d7ce6c51b398cde832eedb8/hrefIn the interview, Charles pointed out that in the blockchain space, people often overestimate the short-term benefits, but underestimate the long-term gains. He personally values projects with solid fundamentals and unique innovations.Charles shares that he established Vite when there was no mass adoptions for blockchain. He hopes that Vite can fill this gap and make blockchain “useful.” The mission of Vite is to provide a high-performance public chain for high-frequency, micro transactions at greatly reduced costs.In terms of DEX, Charles believes that the evolution of DEX can be viewed from the two dimensions of technology and governance. In the long term, DEX will dominate, but this will not be achieved in one step. Exchange needs to gradually evolve from a form of centralization, in both technology and governance, to decentralization in the end.Regarding the future of blockchain, according to Charles, those fields related to value, such as payment, will see usage of blockchain sooner. In the future, blockchain can become a carrier of contracts, laws, and mediums of value exchange between people and machines, or solely between machines.Highlights:“My personal feelings about the market is that we are in a transition period from a bear market to a bull market. The worst time has passed, but the bull has not yet come.”“Don’t take shortcuts. They are often traps. Regardless of investing a company or starting a new business, you must insist on doing the right thing, not the easy thing.”“How blockchain will be adopted in specific scenarios, is the new story of public chain.”“How to deal with the tradeoff between cost and security, is the key problem to be solved by public chain.”“In the long run, DEX will dominate. To achieve this goal and create a perfect DEX, many efforts must be done. Instead of going from one place to another in one step, there will be many intermediate processes.”“Always insist on doing the right thing rather than the easy thing. When facing difficulties, choosing to do the easy thing is the weakness in human nature. Over-obsession with shortcuts can lead to great trouble.”---------------------------------------------------------------------------------------------------------Binance Sisi: Hello everyone. Today, I am honored to invite Charles to our program. Now let’s say hello to Charles. Hi Charles, welcome to Block 101. How about giving us a brief introduction first?Charles: Hello everyone, so glad to attend this Block 101 live broadcasting program. I firstly got to know cryptocurrency and blockchain in 2013. In the next year, I started my company in this space, which was a crypto exchange. I established Vite two years ago. That is the public chain project I’m working on now.Binance Sisi: We are also interested in the channels that you usually use to learn about blockchain?Charles: There is no secret. Similar to everyone, I mainly learn from the Internet, including professional media and independent media. My first-hand information often comes from friends or social groups. If I want to know more about a project, I will read the project’s white paper and the code if necessary.Binance Sisi: This is too hard-core, I feel that many people can’t do that. I will bring up a topic that everyone is concerned about. How do you look at the market? Is it a bear market or a bull market for now? If it is the bear market, how long do you think the bull will come?Charles: Everyone has different answer to this question, and there is no standard answer. My personal feeling is that we are in a transition period from a bear market to a bull market. The worst time has passed, but the bull has not yet come.Let me also share more details behind this thinking. Bull market and bear market reflect the group psychology of people used in value assessment. When everyone is in FUD about an industry or investment space, it is a bear market. On the contrary, if everyone feels that the industry has great prospects for development and wealth, people will become excessive optimistic, even greedy. There are over-hyped visions, and bubbles are created in the market. This is a typical bull market. At this moment, just like you can feel, it is neither the worst bear market nor a bull market. The market is in transition, and a bull market is yet to come.Binance Sisi: I have interviewed so many industry leaders. The answers are very close, it is like everyone is optimistic about the second half of this year and next year.Charles: Yes, personally I am cautiously optimistic about the second half of this year. I am more confident that the market will have a better performance in the next year.Binance Sisi: Charles, I’ve read your profile, you graduated from the University of Science and Technology of China. This is too brilliant! Can you please share some thoughts how you were admitted? Do you feel any gap between your original dream and the reality?Charles: When I was a kid, my dream was to be a scientist and change the world with technology and innovations. I wanted to create a better life for the mankind.When I went to middle school, people often asked, “What are your tips for doing so well in school?” My answer was very short, “The tip is there are no tips”. I never thought about finding shortcuts, such as which reference book to read, where to get the exam paper, and so on. What I want to say is that it is the same when we do a business or investment in crypto space. It is very important to not try finding shortcuts, because there are often traps along with such shortcuts. When we want to make money or run a business, just do the right thing, not the easy thing. Do not attempt to make quick money.Binance Sisi: This industry never lacks people who want to take shortcuts. People said blockchain was scam, at the beginning I thought that way too. I am curious for a highly educated man like you, have you been influenced by those thoughts?Charles: My mental journey is similar to yours. I was in doubt when I firstly touched this industry. I was wondering if the whole thing was just another Ponzi scheme. I spent a lot of time thinking about the following questions. Is there any real value to the blockchain? If so, where is it? Why are there a lot of hype and bubbles, and many of them are speculation or even scams? Why is this happening?I recently read a book named “The Great Game”, which tells the history of Wall Street in the early years and how the US financial system was established step by step. What are happening in cryptocurrency today happened in Wall Street before. Pumping, dumping, various Ponzi schemes, speculations, all of these happened in the history of Wall Street, where some people made a fortune. History is amazingly repeating itself in crypto.Speculation and irrational growth are normal phenomena in the early stage of an industry. They do not represent the essence of the industry, however. In today’s Wall Street, the Internet companies listed on Nasdaq are backed by real value, real technology, real business models and real users. It is no longer in the stage of “irrational growth”. In its path of evolution, the blockchain industry will certainly enter and leave this phase of irrational growth.Therefore, I am not surprised by some problems in the blockchain. We should take a long-term view to see if blockchain technology adds real value to the society. We cannot overestimate the short-term value or underestimate the long-term gains.Binance Sisi: According to your work experience, you were a senior architect in JD.com and a technical director in Meituan Dianping. So what made you leave top Internet companies to join blockchain?Charles: I worked in the Internet industry for many years, mainly in technology and management. I have accumulated enough knowledge of this industry. Why leaving an Internet firm to embrace blockchain? It’s not hard to answer. Here I can explain with an analogy. From the perspective of development trends, the traditional industry belongs to yesterday, the Internet belongs to today, while the blockchain belongs to tomorrow, and the future.The development of the Internet has now entered a highly mature stage. The industry is in a red sea. I still want to invest for the future and do something more interesting and cool.Binance Sisi: Why did you establish Vite? What was the original intention?Charles: I think the development of blockchain has made a lot of progress at the technical level. There are many explorations and attempts, but still it has not been adopted by large-scale commercial applications. In other words, it has not really become useful. There must be something missing. I want to fill this gap and create a blockchain that can really be used.、Binance Sisi: Someone said that the story of public chain has finished, what do you think?Charles: I think the story of public chain is not finished. On the contrary, it is just at the beginning. In the past, there were many stories, including the stories of public chain 1.0, 2.0, and 3.0, as well as how to solve security, scalability, decentralization issues and improve performance. These topics were mostly technical, in terms of how infrastructure can provide higher efficiency and lower costs.How to create business models on infrastructure and build useful applications is a more exciting story of the public chain. I call it “Blockchain+”, which particularly specifies usable scenarios that apply to real economy. This is the new story of public chain.Binance Sisi: Any specific story for public chain in the future?Charles: Depending on the specific usability scenarios in the future, we should not only pay attention to the performance of the underlying infrastructure, like consensus algorithm, protocol, new technologies such as sharding. These are all about technology.We should also look at what scenarios or technologies the public chain is able to integrate with, in order to create real value for our daily life. In one word, we should solve the pain points, and turn what we were not doing well into reality.For example, the integration of blockchain with traditional Internet, 5G, artificial intelligence and autonomous driving will bring much imagination and value. I think they could be the future stories.Binance Sisi: Can you comment on the public chains at present, such as EOS and Binance Chain. What are the differences between Vite and these public chains?Charles: The existing public chain projects now have both the similar and different elements. The common problems, such as solving decentralized trust and network cost, must be addressed by all public chains.The goal of each public chain is different. The reason why there are so many public chains is because the demand is diverse. One case is payment. The demand for payment varies in different scenarios. For example, if you buy a house, you have to pay a lot of money. At this time, your demand for the payment is not fast, but safety. But if you buy a bottle of water from a vending machine downstairs, comparing to safety, the efficiency of payment is more important. In this case, if you pay with Bitcoin for the water, you will realize that the cost is very high due to high transaction fees on Bitcoin network, and the efficiency is very low due to large latency. The water may cost you $2, but the transaction fee is $6, not to mention that you have to wait for 10 minutes before you can get the water from the vending machine. Obviously, Bitcoin, as a well-known public chain, is not good at doing this.In most cases, it is common for public chains like Binance Chain and Vite to process frequent micro transactions. One scenario is DEX, where operations like placing order and canceling order are taking place on chain. In this case, even manual operations happen frequently. It will be inappropriate to implement a trading bot on public chain like Ethereum or Bitcoin. This is the reason why Binance Chain and Vite are designed into a high-performance public chain.Unlike Binance Chain, Vite mainly focuses on how to reduce cost. We want to provide a public chain completely free. Whether you’re making a transfer or calling a smart contract, there are no fees. This is the biggest advantage of Vite.Binance Sisi: What do you think matters most for public chain?Charles: The public chain is an open system, and the security is the most important. Actually, prevention from malicious attacks can cost a significant amount. For example, in order to mine Bitcoin, you need to have sufficient hash power which requires ASIC miners of the latest model and a huge consumption of electricity. They are the costs paid for security.How to handle tradeoff between cost and security is the key issue to be solved by public chain. If the security is the only thing we are concerned with, every transaction on the chain could involve a huge cost, and the public chain will be useless in practice. Actually, many applications don’t need extreme security. From another perspective, security cannot be totally abandoned. If a public chain is hacked due to security vulnerability, the blockchain may fork, user’s assets may get lost, and, in the worst case, the entire network may collapse. Therefore, we must look for a balance between security and cost, which is the essence of public chain.Binance Sisi: What is the difference between public chain and consortium chain?Charles: Blockchain has a core concept — decentralization. Everyone has heard of it. In my opinion, “decentralization” can be interpreted in two ways of technical implementation and governance.From a technical point of view, decentralization refers to distributed ledger. Generally speaking, there are many computers in the network, and they must reach consensus according to the algorithm.From the perspective of governance, it means that in an open system, instead of relying on a central authority to make decisions, it is up to many participants to form a mutual system, running under the constraints of certain rules, jointly making decisions and supervising the execution of the decisions.You will see that in the blockchain space, some projects only need to be decentralized in the technology sense, but not in the governance sense. For example, private chains or consortium chains are tamper resistant and traceable, but it is not necessary to implement decentralized incentive models and community governance.In turn, some projects only adopt decentralized governance. Platform coin issued by centralized exchanges is such an example. Before the launch of Binance Chain, the presence of BNB stands for a form of decentralized governance. BNB holders can jointly decide what cryptocurrency will be listed on Binance exchange and can even share the exchange’s revenue, but the exchange is still implemented in centralized technology. Another example is the mining pool. There are many miners in the mining pool. Any miner in the pool who mines a block will share the mining rewards with all miners. In this case, the organization is decentralized, but no decentralized technology is used.Binance Sisi: What is a token-free blockchain? I am also curious.Charles: Let’s think about what role the token or coin plays in the blockchain. Tokens in blockchain are mainly an incentive for decentralized governance. The token of Bitcoin is invented to incentivize Bitcoin miners. In this case, users need to pay miners with Bitcoin as transaction fee. Decentralized governance systems must take incentives into account, and the most widely used method is through tokens.Although the token-free blockchain also uses blockchain technology, it is not a decentralized governance system. It is usually operated by a company or government agency, and relies on strict access control and laws to limit and punish bad actors.Binance Sisi: Someone in chatroom just raised a question to Charles. Charles, can you comment on Loopring and your former partner Daniel Wang? Thank you.Charles: In 2014, Daniel and I co-found a crypto exchange. Daniel was the CEO and I was the COO. We share similar values. We both pay attention to the fundamentals of a project and focus on “doing the right things”, because we have seen too many lessons of others in the crypto space.Meanwhile, Daniel and I both have an “exchange dream” because we believe exchange is a real scenario where blockchain can be truly useful.Binance Sisi: Let’s talk about Vite. Can you tell us the current status of the Vite community? Also for the future plans, what are the goals and missions?Charles: Most of the Vite team is located in China. We have two offices, one in Beijing and the other in Silicon Valley. The development is done in China, however, we have a big international community and users distributed across 190 countries in the world.For example, the top 5 user groups of the Vite mobile app are from the United States, Russia, Vietnam, Indonesia, and China. The DAU is about 20,000.At present, the real transaction volume on the Vite public chain is large. Where does the volume come from? The main reason is that Vite is not an idle chain, and there is a high frequency application — ViteX. The current trading volume on ViteX is around 100 BTC per day, which is a satisfactory number for a DEX.We have also made attempts in payment. Now there are a bunch of merchants in Singapore accepting VITE. In Singapore, you can use VITE to pay taxi fare from the airport. There is a five-star hotel in Singapore called CÉ LA VI, where in the SkyBar on the top floor of the hotel customers can spend VITE for meals. In the long term, we have plans to serve more merchants.In addition, we are also exploring the cooperation with government. We entered into a pilot program with the American city of Syracuse to launch a project naming “Syracuse Coin,” to tackle local housing issues for low-income residents. In China, we created the “Anti-epidemic Materials Tracing Platform”, particularly for fighting with Covid-19 outbreak.Binance Sisi: Recently, the topic of DEX is very hot. Charles, what do you think?Charles: In fact, DEX has been explored by many parties for a long time. For example, Binance has launched Binance Chain and Binance DEX. Vite continues to explore in this space and is doing a great job.Let’s look at the evolution from centralized exchange to decentralized exchange, from the two dimensions of technology and governance. In the long run, DEX will definitely dominate in the future, but this will not be achieved in one step. Exchange needs to gradually evolve from a form of centralization, in both technology and governance, to decentralization in the end.I have seen many DEX projects follow this path to move toward decentralization, in terms of tech and in terms of governance.How does an exchange match orders and conduct settlements on-chain? This is the technical perspective.From the governance perspective — Although the exchange is deployed on the chain, there are still design choices for how to distribute revenue, and how to modify emission rules of platform tokens. These items also need gradual transition from centralization to decentralization.For a DEX, if only on-chain matching and settlement is implemented, but there is no decentralized mechanism to determine listing decisions and dividends, it cannot be called a “true” decentralized exchange.The governance’s transition from centralization to decentralization usually takes a cold start first. Here I highly agree with the ideas of CZ, by starting with a centralized governance model, and then gradually transitioning to community’s governance.In the future, whether a DEX is truly decentralized in both technology and governance, is the new story of DEX.Binance Sisi: Till today, there is no convincing scenario for blockchain to integrate with the real economy. So where do you think the blockchain will most likely fit into the real economy in the future?Charles: Blockchain represents the future. In fact, blockchain is not a technology nowadays. Although today the blockchain technology seems kind of incapable, if you look forward to the future, you will understand that the blockchain really matters, and some jobs can only be performed by blockchain.At present, most of usable scenarios are related to value, in terms of value’s storage, circulation, and exchange. They are represented as payment gateway, DEX, and DeFi in the end products.I have a long-term vision. With the development of AI, our daily life and social organization will change in the future. For example, it is not hard to imagine that there is no taxi driver when the self-driving technology matures, and what are present on the road are all driverless cars. The society is composed of people and machines. Since AI will play a much significant role in the society, the original system of people will not work after the machines join in.In the current society, people are regulated by law, which is entitled by national power. People are not robbing banks and committing murders out of fear for losing their freedom and life. If a society is constituted by machines, the current legal system is no longer effective because machines are not afraid of going to jail or being killed. They will break the law. At this time, the blockchain, as the next-generation social contract across machines, and the value transmission medium between people and machine, must emerge to regulate machine behavior.People take driverless taxis. How is the passenger chosen? Is there a detour made? How to judge the responsibility of traffic accident? Blockchains are best suited to answer these questions. The more the development of science and technology, the more the importance of blockchain.Binance Sisi: Well, today I asked a lot of questions that we want to know. Thank you very much Charles. Thanks for coming to Block 101. We look forward to seeing you again in our future live broadcasting.Charles: Thank you all, and thank you Sisi.Link to Video: https://www.youtube.com/watch?v=TDa3MH98WHsBinance Block 101 : Exclusive Talks with Charles Liu — The New Stories of Public Chain and DEX was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

20. 07. 07

Vite Insights: How to Effec...

This article is written by Vite Labs COO Richard Yan. If you have any comments, please reply to https://twitter.com/Gentso09. All rights are reserved by Vite Labs.It is no secret that Vite Labs is a global team. Our community knows that our R&D team is based in Beijing, and our international operations & marketing team is based in Silicon Valley. In addition, one of our business development managers is in New York City. And our community managers are in Ukraine, Vietnam, Germany, Japan, the Philippines, Brazil, Turkey, Indonesia and China. The recent coronavirus situation requires many in our regional offices to work from home, which further decentralizes our team.The geographical dispersion, timezone difference, along with cultural and language disparities create challenges for effective collaboration. But through careful planning and disciplined execution, we believe we have largely overcome said difficulties. That is, to a large extent, we’ve been able to make sure all colleagues are kept updated of the R&D progress, follow the upcoming marketing roadmap, and feel a sense of belonging in one family.For other projects and anyone working in a global team environment, here are some tips that might be helpful.Infrequent and effective meetings preceded by detailed agenda write-upAt Vite, team members communicate with each other via real-time apps like WeChat Work and Telegram. But we emphasize the importance of writing long-form, thorough pre-meeting plans on our internal wiki’s (Confluence). Writing helps the meeting organizer think through the outcome they want from the meeting and pre-communicates details to maximize preparation from participants. Sometimes, writing such a pre-meeting plan may obviate the meeting altogether, as all key points will have been conveyed in advance. Here, we borrowed a page from Amazon’s pre-meeting memo requirement.The art of asynchronous collaborationAcross different timezones, inter-dependency collaborations could get frustrating. Imagine collaboration on a marketing campaign between two team members, A and B, in Beijing and San Francisco. A sends B raw materials, B adds to them, and then A finalizes the campaign document. All of this is happening asynchronously, which means when A is sending B a message, B is off the clock; and vice versa. If A does not send everything B needs to do her work, B’s progress may be blocked for 24 hours. At Vite, for cross-timezone communications, we encourage each team member to put themselves in the shoes of their remote collaborator, and be thoughtful and exhaustive about providing items the other person needs in such asynchronous communication.Sometimes it’s not about incompleteness of communication. But mis-communication. To combat this, we encourage repetitive communications. This doesn’t mean copying and pasting the same message multiple times. Instead, this means stating the same thing multiple times in different languages (if applicable) and stating clearly the converse (i.e., “this is what I want, and this is what I DON’T want”).For more on this, Basecamp has great insights on communications for remote work.Regular team happy hours, or “hangouts”Culture not only makes work fun and pleasant. Culture also gets the team so fired up about work, that they think about work during off-hours, and make positively surprising contributions (a novel idea, or going the extra mile on a project). One way to strengthen cross-timezone culture is to run regular online happy hours. At Vite, this means community hangouts on Telegram, where Beijing, San Francisco and our global community managers have a long, free-form discussion on Telegram. We do this at different times of the day to accommodate different timezones. Sid Sijbrandij of the all-remote company Gitlab (1300 employees) talks about global pizza parties that serve a similar purpose.Chat room hygiene: Policies to separate work chats from leisure chatsIt may seem trivial, but colleagues’ divergent expectations for chat room behavior can lead to unpleasant outcomes. Our more bubbly and outgoing coworkers love using emoji’s and GIF’s, or are in the habit of discussing crypto-adjacent topics in work chat rooms. Simultaneously, our more engineering-minded coworkers prefer strictly professional talk and dislike sorting through frivolous or tangential materials for essential work items. The easy solution is to create a separate chat room dedicated for fun, and set rules for discussions in chat rooms of a more serious nature.Objective performance reviewsPre-determined and publicized metrics, with proper definitions and weightings, make the review process less arbitrary, and make the results more easily acceptable to reviewees. This is certainly true for non-remote work, but even more so for a remote team. At Vite Labs, our sub-teams each have a review system. In general, teams with daily, in-person interactions have a peer review system; and teams that are largely remote have a manager review system. Regardless, clear objectives are set at the beginning of each review period, and managers have 1–1 with team members to share review results and collect feedback.ConclusionThe future of work may become ever more remote, thanks to the pandemic situation we are in. Indeed, Coinbase, Twitter, Shopify and other major tech firms have announced that all or a substantial portion of their workforce can expect to work from home indefinitely. Effective management of remote teams will become an essential skill for new business leaders. At Vite Labs, we are proud of the way we have led our decentralized and international team so far. And we look forward to perfecting our practice and continuing to deliver on our commitment to the community.Official: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianSpanish: https://t.me/vite_spanishPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enVite Insights: How to Effectively Lead a Decentralized Team was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

20. 06. 30

A Call for Community Input ...

A Survey for New Products/Services for ViteDear Vite community,Time flies! Vite is now two years old since we first published our white paper in 2018.In the past two years, we delivered the Vite public chain, ViteX DEX, Vite app, Vite block explorer, Vite API/SDKs, Vite Pay, Vite Store with many upgrades and improvements along the way. We are particularly proud of the Vite app, a one-stop shop for all things Vite, including a multi-chain wallet and ViteX.Having delivered nearly all key items we originally set out to create, we are now ready to undertake more ambitious missions. And we enter this new phase with a product-first mentality, the idea that we want to build things our community truly needs. We hope this mindset has been clear to you all along. “Making something the community needs” is, after all, aligned with the crypto ethos of decentralized governance.Indeed, in the past, we’ve found that many great product decisions came from the community’s input. Recent examples include VX’s release curve, excellent altcoins to integrate on our gateways, and the stablecoin zero-fee conversion feature.Therefore, today, we are asking you, our community, to share your ideas for what systems/products/tools/features Vite should build next. Please complete this short survey: https://docs.google.com/forms/d/e/1FAIpQLSfF3NWRaxCf2_-gFylvWvZ7P5-KyeZuiL_1icOnv6nTXIV10g/viewform.No suggestion is too big or too small. They can be related to DEX, public blockchain, wallet, or anything else in the crypto universe. They don’t need to be anything on the current roadmap. And indeed, your ideas will be pivotal as we consider next steps in our roadmap.(By the way, watch out for an oncoming review of our Q2 deliverables in a separate note)Now, of course, as a matter of practicality, not every idea will be implemented. But at this stage, we would like to keep our mind as open as possible in hearing your ideas that would shape the future of Vite.Thank you!Charles LiuA Call for Community Input from Vite Labs CEO Charles Liu was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

20. 06. 23

Tech Series #5: Inside Vite...

As a high-performance decentralized exchange, ViteX implements both matching engine and economic model in the built-in contract vDex, satisfying both design simplicity and system robustness. In the previous article “ViteX Contract Design and Implementation”, we have discussed the design details of ViteX. As a follow-up, this article focuses on a few FAQs to further explain the background, issues and solutions.Why vDex is implemented as two contracts, not oneIn ViteX, order matching and economic model are two important but irrelevant functions so that it does not make sense to put them in the same contract, which may cause confusion for developers and API users. In addition, matching engine is a basic function for exchange, it will be easy to upgrade independently after decoupling from the economic model. Based on the thought, we separated the functions as contract dexFund and contract dexTrade. DexTrade implements ViteX’s order book and order matching engine, while DexFund performs functions related to the ViteX economic model such as asset management, mining and dividends.2. Why two types of order id are usedWe studied the structure of order id in the previous article. The order id, referred to here as baseOrderId, is designed to maximize performance boost through on-chain order sorting and efficient matching. In the “Stem” hardfork of Vite, a new order id, hashOrderId, was added too. As the name indicates, hashOrderId is composed of the value of transaction hash in which the order is placed. Unlike baseOrderId is generated by contract, hashOrderId is created when the order is placed by user without waiting for vDex’s response, which makes it possible to be used for convenient order status tracking and perform subsequent actions accordingly. In summary, hashOrderId is often used by client program like trading bot while baseOrderId is designed for improving matching efficiency.3. Why two order cancellation interfaces existBecause the ViteX’s order book is stored in dexTrade, and to cancel an order only the order book has to be accessed, so in early version of ViteX the interface of order cancellation is in dexTrade. However, order placement is based on the dexFund contract in the purpose of locking up funds, which leads to inconsistent design for order placement and cancellation. In the actual execution of the contracts, an order, after placed, may immediately be cancelled before it is written into the order book in dexTrade due to on-chain consensus delay. At this time, the cancellation fails since the order does not exist in the order book. To address the issue, we have added a cancellation interface in the dexFund contract in recent fork “Mars”. In the new design, for an given order, the guarantee of sequence of requests on user’s account chain ensures that the cancellation request will definitely be processed by the smart contract after the order is placed. Comparing the two interfaces, the new one produces deterministic execution result at a cost of introducing an additional step to pass the cancellation request from dexFund to dexTrade, and is recommended for automated trading tools to use.4. How to improve the performance of order matchingTo improve the speed of order matching, the common practice is to put the best orders or all orders into memory for efficient access. However, for smart contract, due to the limited ability to access the storage provided by the blockchain, the order book cannot reside in memory. At this time, one way to consider is to make full use of the underlying storage to ensure that the order book is stored in an orderly manner, so that the matching process only requires sequential iteration. By using price as part of order id and using order id as the storage key of levelDB, the matching process can be completed by a simple key sequence traversal. This solution is simple and highly efficient.5. How to reduce storage occupationThe cost of on-chain storage is extremely high. In order to minimize data storage, we have adopted the following approach. First, serializing objects through Protobuf to reduce the size of data. Second, avoiding redundant data storing. It is mainly reflected in the processing of indicators related to mining and dividends. If an indicator has not changed for a time, only the earliest value is stored. Third, using both real-time cleanup and regular cleanup. For the multi-version indicators accumulated in mining and dividends, old data are deleted in real time for the indicators have been updated. Regular cleanup applies to order book. In order to avoid unlimited expansion of the order book, a timeout timestamp is set for each order and expired orders will be recycled regularly.6. How to increase the reliability of vDexAs built-in contract, each line of code of vDex is written protocol. Simplicity and reliability must be fully addressed. Over-design would increase the code size unnecessarily, as well as the number of bugs and errors in the end. Based on the principle of simple design, the data structures of vDex are as simplified as possible. Only core data that usually won’t change are stored on chain and other non-related information is stored off-chain. ViteX’s off-chain data service supports sophisticated query and data display. At the code level, we restrict the number of lines of code for a single function. By splitting functions, naming function with meaningful name, code duplication is also reduced. The target is to make the code clean and easy to read. Finally, the built-in auditing function will regularly verify the correctness of contract execution result, ensuring the safety of user’s assets.Official: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianSpanish: https://t.me/vite_spanishPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enTech Series #5: Inside ViteX’s Built-in Contract was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

20. 06. 19

Vite Bi-weekly Report

June 1–15, 2020Development ProgressVite AppVite App v3.7.1 has completed development and was submitted to App Store (iOS) and Google Play (Android) separately on June 10 and 15. The new version has the following updates included:Bug fixes. In version 3.7.0, Vite Android App may get stuck on trading page under slow internet connection, the problem is solved in 3.7.1. In addition, the new release also fixes repetitive popup notifications in trading page and unexpected app crashes during candlestick chart rendering.New enhancements:a. In the previous version, after a transaction is sent, a “Success” message is displayed on screen and the user has to manually close it. In order to improve user’s experience, in the new version the message box will show up for one second, then automatically closes.b. A new “limit of single withdrawal” hint is added to app’s withdrawal page. Users can hit on the “!” icon to view the maximum and minimum withdrawal limits for the selected cross-chain token.ViteX ExchangeAccording to user’s feedback about the excessive long loading time of mining page and dividend page, special optimizations have been conducted to significantly improve the loading speed. Currently, cycles of 1 minute, 30 minutes, 1 hour, 6 hours, and 12 hours are supported in ViteX’s candlestick chart. We’ve added 2-hour and 4-hour as well. The new cycles will be available soon. In addition, we have upgraded the ViteX API service. In the upgrade, database schema and index are optimized, effectively reducing the latency of order querying and increasing capacity for large visits.New vite.orgThe product design and visual design of the new official website have been completed. After development is done, vite.org will be present in front of everyone with a new look.Recent MilestonesVite Labs Partners with OKChainOn Jun 4, Vite Labs announced an official partnership with OKChain in building together a decentralized trading ecosystem. As an ecosystem partner, Vite and OKChain will cooperate in the following aspects:Vite Labs will participate in the OKChain Supernode Plan, and OKEx will continue to operate the SBP(Supernode) of Vite.The two parties will jointly develop an open decentralized trading ecosystem, and share DEX operation and governance experience.Vite Labs will list OKChain’s native token OKT on ViteX exchange and support OKChain in Vite App.The cooperation aims to build a more open and fair-for-all cryptoasset trading ecosystem, which will contribute to the development of the entire blockchain industry.VITE listed on OKEx KoreaOn June 6, VITE got listed on OKEx Korea and pair VITE/BTC is actively trading in the market. VITE listing on OKEx Korea will further boost market liquidity and help the project to reach a larger global audience.ViteX Operator Bi23 Listed CGLDOn June 9, ViteX Operator Bi23 listed CGLD (Celo Gold) and opened trading of pair CGLD/USDT. Celo is an open platform that makes financial tools accessible to anyone with a mobile phone. CGLD (Celo Gold) is a utility and governance asset for the Celo community, which has a fixed supply and variable value. With CGLD, you can help shape the direction of the Celo Platform.Data on VITE and VXAs of June 15, 18,932,417 VITE have been burned through ViteX, accounting for 1.89% of total issuance.137,740,453 VITE are staked on ViteX, accounting for 13.7% of total issuance.7,737,734 VX have been released, of which 7,100,355 VX (about 91.76%) are being staked for dividends.To-date, 64.9 BTC worth of dividends have been distributed. The pool of undistributed dividends stands at 31.8 BTC.ActivitiesOur COO Richard released a new episode of the Blockchain Debate Podcast. The latest debate topic is “Motion: Corporate bailouts and capital market rescues make sense, Part 2.” The guests are Nick White, co-founder of Harmony and Jonathan Padilla, head of Blockchain from Paypal. The discussion is around the legitimacy of QE by global central banks and bailouts of essential businesses by governments around the world. Cryptocurrency was born out of concerns for currency debasement and invisible tax as a result of these policies. As such, this debate is directly related to the existential reason for cryptocurrency.Our COO Richard also ran a new regularly-scheduled community AMA. The purpose of the AMA is to increase our transparency and quickly iterate product features upon the community’s suggestions. As such, we will continue to conduct these AMA sessions.We provided detailed response to questions from the community. See transcript here: https://forum.vite.net/topic/3936/vite-labs-leadership-ama-jun-10-2020-review. The questions fall in these three categories:Status update of Q2 roadmapMarketing and evangelism of ViteXDetails of partnerships with other projectsVite had an internal community manager hangout with participation from our core community managers (English, Russian, Vietnamese, Arabic), where we jointly planned on multiple marketing campaigns. These campaigns include AMA with the communities at well-known exchanges and contest for coin-listing recommendation.We sent a survey to the community in regards to local economies. 104 members from 30 countries responded. Per this research, we saw a positive correlation between interest in crypto from high net worths and the deterioration of economic situations. A whopping 30% of respondents are highly suspicious of the integrity of local banking systems. Venezuela, Nigeria, Russia, Turkey and Ukraine are experiencing severe inflations. In particular, daily groceries in Venezuela are quoted and settled in USD, and local residents regularly convert from fiat to crypto. Here’s the summary of the research: https://medium.com/vitelabs/vite-insights-vite-survey-on-global-economies-e32948f25894Recently, members of our international community created multiple social media accounts to help Vite with marketing, for which we are deeply thankful!Here are a few examples:twitter.com/blogvite tweeted a video celebrating two-year anniversary for Vite. Members of many partner companies of Vite made an appearance in the video: https://www.youtube.com/watch?time_continue=4&v=QH2ueuHWZZw&feature=emb_logotwitter.com/vitenews collects and distributes Vite-related content (from Telegram AMAs, videos from Youtube content creators, GIFs from fans).Official: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianSpanish: https://t.me/vite_spanishPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enVite Bi-weekly Report was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

20. 06. 18

Vite Bi-weekly Report

May 16–31, 2020Recent MilestonesVite Labs Plans to Integrate Chainlink OracleOracles are important for Vite’s ecosystem development. High-quality oracles ensure reliable, diverse and decentralized off-chain data feeds. Chainlink is one of the longest-running and best-known oracle technology providers. After integrating Chainlink oracle, Vite will bridge the on-chain and off-chain data gap, more efficiently integrate decentralized systems with traditional centralized systems, further expand the function of the Vite gateway, and lay the foundation for building and improving applications such as decentralized derivative trading, VitePlus, VitePay, crypto ATMs, blockchain-enabled IoT, and more.Technology SeriesOn May 27, we released the technical article Design and Implementation of ViteX Back-End Service. This article explains built-in smart contracts within ViteX, from three angles: design, performance and system reliability.Vite Community Star ElectionOn May 20th, we released the Vite Community Star Global Election Campaign. The selected “Community Stars” will be displayed on the new version of vite.org.Vite Mentions on Twitter SoaredPer XTrading, Twitter mentions of Vite increased by 331% over the last month. This growth rate ranked #2 among all cryptos tracked.Data on ViteXAs of June 1, 18,042,819 VITE have been burned, accounting for 1.8% of total issuance.138,435,458 VITE are staked on ViteX exchange, accounting for 13.83% of total issuance.7,110,327 VX has been released, of which 6,563,963 VX is being staked for dividends.To-date, 58.4 BTC worth of dividends have been distributed. The pool of undistributed dividends stands at 32 BTC.System DevelopmentsVite AppVite App V3.7.0 has been finished developing. On May 28, we submitted iOS version to the App Store for review. On May 29, we submitted Android version to Google Play for review.V3.7.0 mainly solved the following problems:Rewriting the transaction detail page in native code. In previous versions, when users viewed the detailed information of Vite transaction records, it jumped to H5 page of the block explorer, which took a long time to load, and cannot copy fields such as address and transaction hash. In V3.7.0, when users click on transaction record, the transaction details will be displayed directly in the App. The user can also copy address, transaction hash, and other fields with a smoother experience.Optimization of the exchange page. After the V3.6.0 was released, users provided us with suggestions for improving the exchange page experience. We have optimized it in V3.7.0. These optimizations include:No prompt of quota consumption will be displayed before the order is placed or cancelled.Users will be asked to confirm the pending order about price and quantity after clicking “buy” or “sell” in order to avoid mis-operation of placing an order.Display of order positions have been added to the candlestick page and the trading page.Maximum quantity limit has been added at the amount of buying/selling. A prompt of “insufficient balance” will no longer be displayed.“+” and “-” buttons have been added to the price and quantity input area, which is easier for changing price or quantity.A prompt of effective market-making order ranges has been added.Renamed Comment in English. Recently, there were feedbacks about where to fill memo when transferring VITE to Binance or OKEX exchange. Therefore, we renamed Comment to Memo for the habits of our community.We have fixed some bugs in V3.7.0. For example: the missing of candlestick subscription data; incorrection of price automatically filled when the order page is switched to buy/sell.ViteX ExchangeOn May 27, Vite Mainnet successfully completed its fourth hard fork. ViteX built-in contract has also been upgraded. As of now, Vite Mainnet is stable and has a normal block production rate. New functions have all been effective. After this upgrade,ViteX order operation logic from clients and API will remain consistent, and the result of order matching will also be deterministic.In the previous version, the candlestick data needs to be calculated locally on the client side, resulting in data out of sync among different clients. In the new version, we have optimized the candlestick service by calculating data on the server side to secure data consistency.In addition, the official ViteX Python SDK and Java SDK have been developed and will open source soon.Official Website UpgradeAfter the community vote, the design style of the new official website has been determined. At present, we are revising according to the selected design style, and optimizing the content of the website.ActivitiesOn May 22, our BD Director Isda, core developer Jie, and Marketing Manager Christy participated in the “Pizza Day Carnival” organized by Jinse Finance and Huobi, and commemorated the “festival” with many Chinese blockchain practitionersOur COO Richard hosted Messari’s advisor Qiao Wang and Bitcoin maximalist Jimmy Song on a new episode of The Blockchain Debate Podcast. The topic was on corporate bailout and capital market rescue. This is on the back of unprecedented amount of quantitative easing from the US Fed. The crypto-native narrative is that such actions would enable growth of bad debt fueled by excessive liquidity and rob the people of their wealth by increasing prices of goods and assets. As such imprudent monetary policies created the need for crypto, this debate topic is apt for the crypto community. As previously mentioned, this podcast is one way for us to expand our brand recognition and network with industry thought leaders.All episodes are available at: https://blockdebate.buzzsprout.comYou’re also welcome to follow Richard (https://twitter.com/gentso09) and the podcast (https://twitter.com/blockdebate) on Twitter.On May 21, our COO Richard conducted an AMA in Vite telegram group, answering over 20 questions from the community including suggestions for product improvement and marketing plans. Our development team has made targeted developments on these improvement suggestions. The AMA record can be viewed here: https://forum.vite.net/topic/3856/vite-labs-leadership-ama-may-21-2020-leave-your-questions-here/1Official: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianSpanish: https://t.me/vite_spanishPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enVite Bi-weekly Report was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

20. 06. 05

Vite Community Star Global ...

As we have mentioned, Vite.org will have a new look! We are rebuilding the website to make a better display of the project.The community section has also been re-designed and we have therefore conducted a 2020 Vite community star election.We would like to thank those who participated for your support and decided the following winners upon our careful selection.Winners of 2020 Vite Community StarHere’s the winner list of 2020 Vite Community Star (telegram ID, ranked in no particular order):@huydo @moneyvore @aumi121 @Moony127 @Greek1313 @NRZelenskiy @id_daniel @makesushi @ThinksLikeYouSouldWe have made a certificate for each of the winners. Please contact our community managers on telegram to claim your certificate!We will reveal their contributions on our new website, congratulations to our community stars! Thanks to everyone for participating in this campaign. See you in our groups!Official: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianSpanish: https://t.me/vite_spanishPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enVite Community Star Global Election Winners was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

20. 06. 02

Vite Insights: Vite Survey ...

This article is written by Vite Labs COO Richard Yan. If you have any comments, please reply to https://twitter.com/Gentso09. All rights are reserved by Vite Labs.Cryptocurrency at its heart is an economic phenomenon. Cryptocurrency’s ethos of sound money and disintermediated financial system were born out of a world of irresponsible currency debasement and inefficient and corrupt banking. We at Vite recently conducted a survey among our global community, to check the temperature on economies around the world, where Vite enthusiasts dwell.This survey confirms our view that interest in crypto as an asset class is positively correlated with declines in economic conditions. Our questions are about local economic conditions and how people are making decisions regarding their wealth allocation. The responses show that the world economies are in shambles, public trust in banking institutions is extremely low, and there is significant interest in moving assets into crypto by each country’s wealthy citizens.Survey DemographicsThe survey was completed by 104 members of the Vite community across 30 countries. The top five most represented countries are: Nigeria, the Philippines, USA, Turkey and India. About 30% of the respondents’ countries are from G7 countries.Countries represented in the surveyHere is a quick glimpse of their backgrounds. The top five professional categories are students, engineers, freelancers, unemployed, and sales.Professions represented in the surveyAbout two-thirds are currently required to stay home due to local lockdowns. Let’s not forget that the coronavirus has been the nail in the coffin for many deteriorating economies, a sentiment reflected in many comments from the survey takers.Survey takers required to stay home due to coronavirusConfidence in the EconomyWe asked about prospects of jobs and sentiment regarding local economy, real estate, and stock market. Unsurprisingly, the results are quite bleak.Upward mobility is not strong. About one third said it would take them more than six months to find a job with a higher salary.Time it takes to find another job with higher payAlarmingly, a whopping 37% believe their countries are facing imminent default of national debt.Opinon on countries facing imminent default of national debtInterestingly, this view is not too different between G7 and non-G7 nations. Below is the same chart for G7 nations only.Opinion on countries facing imminent default of national debt, for G7 onlyAbout 40% feel pessimistic about their country’s future economy. Below, 1 = very pessimistic, 7 = very optimistic.COnfidence in economy, 1 = very pessimistic, 7 = very optimisticAlmost 50% believe that real estate market (for the most developed city in their country) will decline in the next twelve months. More than one-fifth believe the market will be down by more than 20%.Survey on local real estate market in next twelve monthsAbout 56% believe that the stock market will drop in the next twelve months. About 28% believe the market will tank by more than 20%.Survey on local stock market in next twelve monthsThe respondents’ detailed accounts of their local and personal circumstances are illuminating. The complaints about local economies at non-G7 nations are especially severe. Here is an example from a Brazilian community member, who keeps 100% of their wealth in crypto, as she feels completely disillusioned by the failure of the state. Here’s her comment, lightly edited for clarity:I think (the Brazilian) government will disappear. Most basic services in Brazil have been halted or are offered at a minimum due to imprudent fiscal management…That is why I am 100% in crypto.In a separate discussion between her and the survey organizer, this person offered other details:Regular local protests are disrupting traffic, hence preventing timely re-stocking of inventory at supermarkets and provision of petrol at gas stations. The under-funded postal service has been reduced to only twice a week. Hospitals are understaffed or have strike-induced closure, which was a big problem for her when she had an allergy emergency.Confidence in Banking & MoneyWe asked about inflation, corruption in banks, and how people are allocating their wealth.15% sees strong inflation. Venezuela, Nigeria, Russia, Turkey and Ukraine have the highest percentage of reports of strong inflation.In survey comments, we see that in Venezuela, due to hyperinflation, the currency is so untrustworthy that even groceries are priced in USD. And in Ukraine (and in Venezuela), real estate prices are quoted in USD.Current inflationTrust in banks is extremely weak. 30% think their banks are very corrupt. Of the respondents that consider their banks trustworthy or have no comment on corruption, about 10% indicate extremely high fees or interest rate at these banks.Opinions on local banking systemWealthy citizens are eager to move their assets into safer stores of value, such as reserve currencies, precious metals or crypto. A whopping 62% of respondents think their nation’s wealth class is moving assets into crypto. Otherwise, USD is the top “traditional” safe-haven asset, with 44% of the respondents agreeing that the wealthy are moving their net worth into USD. Note that allocations to these different stores of values are not mutually exclusive.Interest of wealthy individuals in moving assets to various stores of valueWe then asked each respondent for their own asset mix. About 90% own some crypto, and about a third allocate at least 40% of their net worth in crypto.Assets in crypto by survey takersAs previously mentioned, respondent comments with details are especially eye-opening.Here is the input from someone in France, who keeps 30% of their net worth in crypto (lightly edited for clarity):On banking: If I could, I wouldn’t use banking system anymore. The fees are way too high for simple tasks.On asset allocation: I am also Lebanese, and my second country (Lebanon) is the perfect example of inflation. People there are trying to get rid of Lebanese Pound since it lost its value more than 2 times. Everyone is trying to convert to USD (second official currency) but banks don’t have enough of it. USD is getting rare. So a few relatives of mine are also investing in gold to prevent a major crash.It’s worth noting that, amid the mostly gloomy answers regarding inflation, government debt and banking corruption, we do see very positive responses in these areas for two countries: Germany and Japan. But these two are exceptions than the rule.ConclusionThis survey confirms our prior about the state of the world’s economy and the extent of public interest in their respective countries’ future development. The coronavirus induced economic crisis will accelerate the accumulation of national debt, spur further money printing that debases fiat currency. This will also expedite the movement of assets into new kinds of money: Money that is provably scarce, has transparent and modest inflation schedules, and that will bring about efficient and cost-effective financial systems.What do you think of the survey results? Does anything stand out as surprising? Do the results jive with your local situation? We’d love to hear from you. Feel free to DM or reply on Twitter (twitter.com/vitelabs).Official: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianSpanish: https://t.me/vite_spanishPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enVite Insights: Vite Survey on Global Economies was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

20. 06. 01

Tech Series #4: Design and ...

ViteX, a built-in decentralized exchange on the Vite chain, plays an important role in Vite’s ecosystem. ViteX is composed of a built-in contract (vDex) and an off-chain service (DexServer). Orders are matched in vDex, fully leveraging the benefits of blockchain — decentralization, safety and reliability. However, storing all the data on the chain is very expensive, and is not a good practice. In order to provide users with fast and efficient data query service, we designed the off-chain service DexServer, which is responsible for synchronizing open/historical orders, matching results, operational statistics and other metrics on the chain, and provides the query service.According to responsibilities, DexServer has four sub-services: Dex-API, Dex-Crawler, Dex-Push and Dex-Task. Among all the services, Dex-Crawler is the most important, providing data sources for the other three. The entire system flow is shown in the figure.Dex-APIDex-API provides the query interface for outside system, based on the final aggregation of the data generated by Dex-Crawler and Dex-Task.Dex-CrawlerThe Crawler service is the cornerstone of the entire system. Data crawled from the chain is formatted and stored in database, for subsequent use by other services. vDex consists of two separate contracts — dexFund and dexTrade. dexFund is responsible for operations such as deposit, withdrawal, opening trading pairs, mining, dividends distribution, referrals, etc. dexTrade completes order placement, cancellation, and matching. Dex-Crawler crawls the two smart contract chains separately, processes data, and stores in multiple forms as needed.The Crawler service completes three major functions — fork resolution, order book aggregation, and statistical indicators. There is an essential difference from the centralized trading system — rollbacks and forks naturally reside in the blockchain. Therefore, one of the primary tasks of the Crawler service is to determine whether the contract chain is forked. If it is, according to the height of the fork, some persisted data must be deleted in order to maintain synchronized with the state on the chain. Dex-Crawler uses the “previous block” of the blockchain and the database to detect whether there is a fork in the contract chain. If yes, it rolls back all the data at the height in the database to ensure consistency and correctness.Order book aggregation is the second focus of the Crawler service. When an order is placed, canceled or matched, the order book will change accordingly. Typically, it is represented to users as the order book’s depth has changed. The reason why order book aggregation is complicated is because it needs to group the order’s quantity and amount at the given (0 to N) decimal place in price for each trading pair. In order to improve performance, we employ the methodology of “in-memory modeling” to implement the aggregator. In this way, all processing is performed in memory, and then the output data is sent to Kafka for consumption by Dex-Push.Statistical indicators are the third focus. Whenever a new matching is completed, the indicators of Kline, Trades and Tickers will change. Since additional data sorting for different periods is required, Kline is the most complicated to implement. At present, the time periods supported in ViteX are [minute, hour, day, minute30, hour6, hour12, week]. All the indicators will subsequently be sent to Kafka for Dex-Push service’s consumption.Dex-PushThe job of Dex-Push is to display the data produced in the Crawler service to users in time. Cluster deployment is adopted to ensure the service is highly reliable and stable. In addition, in order to reduce server’s load, the client should initiate a ping request to the server once per minute to declare that it is alive, and the server will only send data to living clients.Dex-TaskThis service is used for operational statistics calculation and aggregation. Statistics of trade mining, market make mining, referral mining, dividends distribution, exchange fees and others are processed offline by scheduled tasks.This article introduced DexServer and its four sub-services. Asynchronous communications are performed between the sub-services to reduce coupling and improve robustness and maintainability of the system. In next article, I will introduce more technical details about Dex-Crawler and Dex-Task. Stay tuned.Official: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianSpanish: https://t.me/vite_spanishPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enTech Series #4: Design and Implementation of ViteX Back-End Service was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

20. 05. 27

Celebration of Vite Two-Yea...

Vite two-year anniversary is coming up on June 1, 2020. To celebrate the birth of Vite, we plan to hold a community campaign with the theme of “Vite Two Years” — post a picture or short video of your story with Vite in the past 2 years.Get creative! The possibilities are endless, we can’t wait to see what you guys come up with!DurationThis campaign will start from May 22 and end by May 31, 2020.RulesCreate a picture or short video with the theme of “Vite Two Years”Post your picture or video on Twitter with the following tags: @Vitelabs or @ViteXExchange, and you must use #Vite2YearsSubmit entry here: https://forms.gle/mfnMQChtdLEt3jaw5At the end of the campaign, the Vite Labs team will choose their favorite top 10 submissions. The result will be announced within 7 days after the campaign ends.All entries will be judged by the Vite Labs team. Vite team reserves the right to interpret all final results.Reward DistributionTotal reward allocation: 260,000 VCP + 1,000 VITE1st place: 50,000 VCP + 500 VITE2nd place: 40,000 VCP +300 VITE3rd place: 30,000 VCP + 200 VITE4th-10th places: 20,000 VCPMake sure you fill out the information collection form!Official: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianSpanish: https://t.me/vite_spanishPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enCelebration of Vite Two-Year Anniversary | Vite Community Campaign was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

20. 05. 22

Vite Labs Announces Plan to...

SummaryVite Labs is excited to announce our plan to integrate with Chainlink, the market leading decentralized oracle network. Chainlink’s vast array of oracle features and services will be critical for launching various products that require off-chain data. Our initial planned focus will be on augmenting the value of ViteX and VitePlus.ViteX is a decentralized exchange built on the Vite public chain, a DAG-enabled smart contract platform. As examples, introduction of index and derivative products on the exchange would require off-chain data feeds. The second avenue of interest is for VitePlus, Vite’s blockchain-as-a-solution for government and enterprises. VitePlus will require a variety of “real-world” data feeds that are not native to the blockchain. Chainlink can provide the aforementioned data feeds.The Purpose of Oracles, and Why ChainlinkAn oracle is a piece of middleware that allows off-chain data to be consumed by a dApp and for a dApp to send commands/data to an external system. Off-chain data includes valuable datasets such as market data, health records, weather reports, and so on.Quality oracles are characterized by reliable data feeds with sufficient decentralization in both the oracle mechanism and the data sourcing. Insufficiently decentralized oracles create single points of failure and are subject to data manipulation attacks, especially as the value of the smart contract they secure rises. Having a fully decentralized blockchain using a centralized oracle compromises the end-to-end security of the smart contract application.Chainlink is one of the oldest and best-known decentralized oracle networks. Chainlink is the only oracle network that’s been battle-tested in production by a large number of projects that rely on its oracles for off-chain data.About Vite Labs and ViteXVite is a feeless and fast public blockchain. It is the world’s first DAG-based smart contract platform, well suited for commercial dApps with performance rivaling their centralized counterparts. Vite’s capabilities are made possible by its unique asynchronous architecture, hierarchical consensus, and snapshot chain. Vite has a steady record of deploying practical applications on its platform, with products including a decentralized exchange, a public-financing dApp for the American City of Syracuse, multiple game dApps, and micropayment platforms.ViteX is a decentralized exchange built on the Vite public chain. It is an open exchange run by the community, with its income passed through to the community. VX is the platform token of ViteX. VX holders enjoy the right of receiving dividends of transaction fees and other revenue of ViteX exchange.About ChainlinkIf you’re a developer and want to connect your smart contract to existing data and infrastructure outside the underlying blockchain, reach out here. The Chainlink team can help you quickly and securely launch your data-enabled application or Chainlink Price Reference Data Contract on mainnet today. You can also visit the developer documentation or join the technical discussion on Discord. Learn more by visiting the Chainlink website or follow its Twitter or Reddit.Chainlink is a decentralized oracle network that enables smart contracts to securely access off-chain data feeds, web APIs, and traditional bank payments. It is well known for providing highly secure and reliable oracles to large enterprises (Google, Oracle, and SWIFT) and leading smart contract development teams such as Polkadot/Substrate, Synthetix, Loopring, Aave, OpenLaw, Conflux, and many others.Official: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianSpanish: https://t.me/vite_spanishPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enVite Labs Announces Plan to Use Chainlink for its Decentralized Oracles was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

20. 05. 21

ViteX Mining Guide

BackgroundViteX, developed by Vite Labs, is the world’s first DAG-based decentralized exchange. ViteX Coin, VX, is the coin native to the ViteX platform. It is mined exclusively by the ViteX community and is used to allocate rewards back to the community.VX holders can receive daily dividends from a shared dividend pool which aggregates all trading & listing fees accumulated by ViteX and redistributes back to VX holders.Overview: 5 Mining MethodsI. Trading as MiningTrade in BTC, ETH, VITE and USDT markets and receive VX rewards.II. Market-Making as MiningHelp improve order book depth by placing buy and sell orders and receive VX rewards.III. Staking as MiningStake VITE to help ViteX obtain higher level operational quota and receive VX rewards.IV. Referring as MiningGenerate a referral code to invite friends to join the ViteX platform and receive VX rewards.Inviter will be rewarded with 5% of all invitees’ trading as mining proceeds and 2.5% of their market making as mining proceeds.Invitees will enjoy 10% off platform trading fees, and receive an extra 2.5% of trading rewards and extra 1.25% of market-making rewards.V. Listing as Mining (Operators Only)Become a ViteX operator and list trading pairs to collect user transactions fees and receive VX rewards.Mining DetailsI. Trading as MiningMines approximately 60% of daily released VX. Currently, users are able to trade in four markets: BTC, ETH, VITE and USDT and receive VX rewards accordingly.Allocation: As mentioned above, ViteX is currently divided into four different markets: BTC, ETH, VITE and USDT. By trading in these markets, users are able to receive VX mining rewards. Each market will receive 15% of daily distributed VX.How to participate: By executing trades on eligible trading pairs and paying the corresponding trading fees, users mine VX (Trading as Mining).Mining reward calculation: VX rewards are calculated based on the proportion of a user’s daily accumulated trading fee to the total accumulated fees in each market. For example, for a given day, if a trader accumulates 5% of the total BTC market trading fees, then that trader will receive 5% of the 15% of VX rewards allocated to the BTC market.II. Market-Making as MiningMines 10% of daily released VX; BTC market at 5%, ETH and VITE market equally at 1.5%, USDT market at 2%.Placing orders on ViteX will also earn users VX rewards. The amount of VX earned depends on three factors: 1) the amount of order, 2) the amount of time your order remains on the order book, and 3) the amount of deviation from the best bid and best offer in the order book spread.Allocation: 10% of daily released VX; BTC market at 5%, ETH and VITE market equally at 1.5%, USDT market at 2%.How to participate:Only eligible trading pairs will be considered for market-making as mining rewardsBoth buy and sell orders are considered for market-making as mining rewardsOrders must not deviate from the designated mining range in the order bookMining reward calculation:The VX mining reward for market-making has a linear relationship with the order amount and order duration (i.e. amount of time the pending order stays on the order book). However, the mining reward has an exponential relationship with the order distance (i.e. the deviation from the best bid offer).For example, if Alice and Bob both place two separate orders for the same amount of token X. Both orders remain on the order book for the same amount of time. However, Alice prices her order on level 1 (i.e., extremely close to the best bid offer) and Bob prices his order on level 10 (i.e. further away from the best bid offer), the mining reward for Alice will be 100 times that of Bob’s. This system is designed to incentive users to place orders as close to the best bid offer as possible.III. Staking as MiningBy staking VITE to help ViteX obtain operational quota, users receive VX rewards.Allocation: 20% of daily released VXHow to participate: stake VITE with the beneficiary set to the ViteX smart contractStaking amount: the minimum amount of VITE that users can stake is 134 VITE. There is no maximum cap.Staking duration: Stakes can be retrieved after 3 days. There is no maximum number of days for staking VITE. There will be a retrieving period of 7 days, and stakes will not be counted towards staking as mining rewards during this period.Mining reward calculation : the amount of VX rewards will be calculated based on the proportion of VITE staked by a user’s account to the total amount of VITE staked that day.IV. Referring as MiningUser can request invitation codes to invite friends to join the ViteX platform.Inviter will be rewarded with 5% of all invitees’ trading as mining proceeds and 2.5% of their market making as mining proceeds.Invitees will enjoy 10% off platform trading fees, and receive an extra 2.5% of trading rewards and extra 1.25% of market-making rewards.How to participate: Spend 1,000 VITE to generate a referral code, of which 100% will be burnedNote: If you are a ViteX VIP (users who have staked 10,000 VITE to obtain a 50% reduction in trading fees) AND joined ViteX via a referral code, your 10% discount will be applied after the reduction.V. Listing as Mining (Operators Only)For each trading pair listed, the issuer’s VX reward is then calculated as if he/she executed a trade involving a transaction fee of 1,000 VITE.Operators can list trading pairs, customize transaction fees, and generate profits from users that choose to trade on their Zone.VX Distribution ScheduleThe total supply of VX will be 29,328,807.8 with no inflation. The total supply of VX will be fully distributed in two phases.Phase 1: Buffer phase that has ended on December 6, 2019. A fixed amount of 10,000 VX was released daily.Phase 2: Standard Phase. In this phase, all un-mined VX will be released according to below schedule:Sub-phase 1: Starting at 10,000 from December 7, 2019, daily release will increase for 90 days at a fixed rate until reaching 50,000 on March 6, 2020Sub-phase 2: Starting from March 7, 2020, annual release will decrease by half each year until fully distributed after 8 years.VX Mining AllocationAllocation of VX daily release by proportion:Trading, Referring and Listing: 60%BTC market: 15%ETH market: 15%VITE market: 15%USDT market: 15%Staking: 20%Market-making: 10%Vite team: 10%VX Holder DividendsAll fees collected by the ViteX platform will be collected into a shared dividend pool and distributed at a rate of 1% daily. For any given day, the total fees collected during that day will be fully distributed by the 100th day.To receive your dividends:• A minimum of 10 VX must be staked in the exchange account. Please note that VX held in a wallet or exchange account will not make you eligible for dividends;• Participant is entitled to receive dividends starting with the next distribution immediately after submission of staking request;• Staked VX will be released after the 7-day waiting period once retrieved. No dividend will be received during this waiting period.Users can enable automatic staking. Mined VX will be automatically staked once enabled, purchased VX is not subject to this function.Transaction FeesTransaction Fee FormulaFor all transactions on ViteX, incomplete orders do not incur any fees.Total Transaction Fee = Base Trading Fee + Operator Zone FeeUnlike other DEXes, ViteX does not charge fees for pending orders and withdrawals provided that users have the requisite amount of quota. Related documentation: What is quota.Base Trading Fee: 0.2%This trading fee will be applied to all trading pairs in the ViteX ecosystem. All the fees collected from this will be put into the shared dividend pool to be redistributed back to VX holders.Operator Zone Fee: 0–0.2%This is the fee that will be set by ViteX Operators for their respective Zones. Operators may set fees ranging from 0% to 0.2%. Proceeds from this fee belong to the Operators.Reducing Trading FeesStake 10,000 VITE to become a VIP and receive 50% off basic trading fees(Minimum Staking Duration: 30 days)Use a Referral Code and receive 10% off trading fees(Refer to Referring as Mining section for details)Note: For any VIP user using a referral code, another 10% will be taken off incurred trading fees after the 50% reduction.Official: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianSpanish: https://t.me/vite_spanishPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enViteX Mining Guide was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

20. 05. 21

Vite Community Star Global ...

Being built from scratch, Vite has grown to have a full working ecosystem of products, and we could not have achieved what we have today without the support from our community members.Vite official website will soon have an upgrade to make a better public display of the project. With this opportunity, we would like to improve the community section to honor the great community we have. Vite welcomes applications for Community Stars from any individuals with remarkable contributions to the project and greatly appreciate all your effort on developing together the Vite community.CandidatesMust be a Vite community memberWith notable contribution to the development of Vite project, including but not limited to aspects such as technology development, publicity promotion, content creation, community building, event planning, etc.Selection ProcessesCollect candidatesTeam review and vote internallyAnnounce the resultsVite will issue an official “Community Star” certificate to selected individuals and list the stars on our webpage!How to ApplyFill in this form: https://forms.gle/6CDDNcCpVdxQ7C1F7Submit your answers by May 27Results will be announced by May 31Describe your contributions and how it has helped Vite and in what aspectsYou could either nominate yourself or advocate for someone who you think has helped Vite greatlyWe look forward to seeing our Community Stars!Official: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianSpanish: https://t.me/vite_spanishPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enVite Community Star Global Election was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

20. 05. 20

Vite Bi-weekly Report

May 1–15, 2020Recent MilestonesStrategic partnershipsOn May 7, Vite Labs announced a strategic partnership with KardiaChain. Both parties will jointly explore payment solutions and develop infrastructure for blockchain interoperability. KardiaChain is in partnership with a top telecom company in Vietnam with 60 million users, and it aims to establish Vietnam’s first mobile payment gateway. Vite’s collaboration with KardiaChain will provide more opportunity to expand Vite’s crypto payment network in Vietnam and Southeast Asia.ViteX ExchangeOn April 30, ViteX released DEX API. Users can apply for API Keys on the ViteX website. The launch of the API will further expand the ViteX trading ecosystem, help attract quant traders, and improve liquidity for the exchange.On May 8, KardiaChain coin(KAI) was listed on ViteX via Vite Labs gateway. On May 9, KAI / ETH trading pair was opened, enabling market-making as mining.Users with more than 10 VX in the Vite app received an airdrop of 1,250,000 KAI. This is the first time we rewarded VX users with airdrops, and we received positive feedback. In the future, we plan to run similar campaigns, iterate on best practices for airdrop rules, and coordinate with projects to increase airdrop amounts. We hope these measures will continue to raise VX’s intrinsic value.Technology SeriesOn May 6, we published the technical article “The Design and Implementation of ViteX Contracts”, which briefly explained the smart contracts used within ViteX.Community AMAOn May 9th, KardiaChain ran an AMA in Vite telegram group and rewarded 150,000 KAI to the community.Vite Official WebsiteWe ran a community vote on the new design of vite.org. The result will be published soon. Thanks all for participating!Vite MainnetOn May 27, Vite network will have the fourth hard fork named MARS. The main purpose of this hard fork is to upgrade the built-in contract of ViteX. Details: https://forum.vite.net/topic/3848/important-vite-mainnet-4th-hard-forkData on ViteXAs of May 15, 16,740,658 VITE have been burned, accounting for 1.67% of total issuance.137,756,367 VITE are staked on ViteX exchange, accounting for 13.78% of total issuance.6,377,320 VX has been released, of which 5,957,905 VX is being staked for dividends.To-date, 49.5 BTC worth of dividends have been distributed. The pool of undistributed dividends stands at 30.3 BTC.System DevelopmentsVite WalletVite Wallet 3.6.0 (iOS and Android) has been formally released. This version re-writes the built-in ViteX exchange in native code so as to significantly optimize the trading experience. In addition, Vite Connect, which is relied upon when generating ViteX API Key, was also upgraded. Users can self-generate API Key on the ViteX website by scanning the QR code in Vite Wallet.After the 3.6.0 version was released, we received many valuable feedback from the community. The feedback has been well collected, and will be prioritized and incorporated in subsequent versions.On May 11, we released Vite Wallet 3.6.1 (iOS), solving the problem that some ERC20 token transfers may fail due to gas limit, as well as under certain circumstances the built-in ViteX page may be stuck.On May 14, we submitted Vite Wallet 3.6.1 (Android) to Google Play for review. This version fixes the occasional app stuck problem when switching addresses, and the problem that exchange-related message may wrongly appear on non-exchange pages.We also started the development of V3.7.0. In this version, we will continue to add new features to the exchange, and reduce the size of app package for faster download.Starting from V3.6.0, we changed the app name from Vite Wallet to Vite, meaning that the positioning of Vite wallet has changed from a single-purpose wallet to a full-stack wallet + exchange decentralized crypto asset management tool.ViteX ExchangeViteX API has been formally released. In the past two weeks, we have made additional optimizations, such as checking the minimum order amount and available balance to avoid invalid transactions, and standardizing error code and message returns.We are in the process of integrating ViteX API with CCXT. CCXT (https://github.com/ccxt/ccxt) is an open-source cryptocurrency exchange API adapter library that currently supports 120 exchanges. Through CCXT, users can ignore the differences in API interfaces of different exchanges and simplify the development of trading bots. At present, there are many quantitative trading programs that use CCXT library to access different exchanges. After our integration, these existing programs will be directly accessible on ViteX.In addition, the upgrade of ViteX built-in contract is finished. A new hard fork has been scheduled on May 27, which includes optimizing order cancellation logic, unifying the logic of order flows by raw signatures and delegated orders, and merging order placements and cancellations from the same address into one queue to ensure deterministic matching result.Website UpgradeWe have completed the product design and visual design of the new vite.org. The new version of Vite official website focuses on key information for facilitating new visitors to understand the full picture of Vite.In the visual design, we have selected 6 different design schemes. It’s completely up to our users to choose the final plan through community voting.ActivitiesVite COO Richard released a new episode on The Blockchain Debate Podcast. The guests included Uri Klarman, the CEO of Bloxroute, a Chicago-based layer-0 blockchain company; and Mrinal Manohar, the CEO of CasperLabs, a New York-based public blockchain firm. The debate topic was a technical discussion around public chain scalability. The focus of the discussion was how to achieve scalability via accelerating block transmission at the network’s transport layer.Past interviews are available here: https://blockdebate.buzzsprout.comFollow Richard on Twitter: Twitter.com/gentso09Official: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianSpanish: https://t.me/vite_spanishPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enVite Bi-weekly Report was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

20. 05. 19

Vote for Vite Official Webs...

Our team been prioritizing the development of blockchain technology since Vite was established. In the past two years, we have built together with our community, from scratch, an ecosystem of products that work well together. Since Mainnet has launched, Vite is moving steadily towards the next milestone.To make a better display of what we have achieved so far, Vite official website is ready for a new design!Let us know your opinion by voting for your favorite design among the following options:Design 1Designer NotesThis design uses classic Vite blue as theme color. White and light blue gently separate out different sections, making it easier for visitors to locate important contents.Design 2Designer NotesDesign 2 uses the color of 2020, classic blue, as theme color. Alternation of dark and light adds additional contrast to the webpage.Design 3Designer NotesThis designs has a more conventional approach through the use of black, grey, and white. Black and white create the strongest contrast so that Vite can better stand out.Design 4Designer NotesA Dark theme, complemented by Vite blue. Breaks sections by adjusting the intensity of the dark colours, while visually adding more depth to the webpage.Design 5Designer NotesAnother design using the 2020 classic blue color. Contrast between two types of blue.Design 6Designer NotesSimilar to Design 5 but more subtle. Using a softer blue instead of Vite blue.Click here to cast your vote.Please vote by May 17, 2020. We will announce the result 3 days after voting is closed and design the website accordingly. We are excited to see your opinions or new ideas!Official: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianSpanish: https://t.me/vite_spanishPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enVote for Vite Official Website 3.0! What’s your pick? was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

20. 05. 13

Tech Series #3: The Design ...

ViteX is a built-in decentralized exchange on Vite. As an important component of the Vite ecosystem. ViteX consists of Vite’s built-in contract vDex and the off-chain service dexServer.vDex is designed to perform all of the exchange’s core functions on-chain, such as deposits, withdraws, listing trading pairs, and order matching. However, subsequent on-chain functions like mining of VX coins, fee dividends and operator management have been included as well. Needless to say, all these functions are implemented with high security and full transparency of rules in mind.The following is an introduction to several key points in the design and implementation of vDex.Storage DesignParticular to vDex’s implementation (as compared to that of other centralized exchanges) is the storage structure enhancements and performance of the chain itself. To maximize match efficiency, vDex has adopted multiple optimization strategies for read/write efficiency.Order IDThe method by which orders are stored determines the read/write efficiency, and ultimately determines the order-matching efficiency.At the lowest level, the Vite chain employs a LevelDB-like storage. It supports sequential traversal ordered by byte, which is consistent with vDex’s Taker-Maker matching rules. These rules do matching according to the price order of trading orders. vDex uses an order id format that complies with levelDB’s ordering mechanism, ensuring that Taker matching takes only one iteration to complete.The order structure is presented below:The order id is a 22-byte field composed of subfields as follows:marketId: a unique identifier for each trading pair. This is auto-incremented.side: 0 or 1 for Buy/Sell respectively. It is a 1-byte suffix to marketId. A Taker order will scan all pending Maker orders with the same prefix (marketId + side) during a matching process.price: a 10-byte long fixed-point number. The first 5 bytes correspond to the integer part, and the last 5 bytes to the fractional part. This can support a maximum length of 12-digit integer and 12 decimals. For a sell order, prices are stored normally from low to high, whereas in a buy order, the value is flipped to represent a reversed price order from high to low.timestamp: orders with the same price are sorted by timestamp.serialNo: for orders with the same price and timestamp, orders are sorted according to the sequence by which the orders were confirmed on the chain, ensuring a strict order.This 22-byte long order id serves as a key for levelDB traversal, thus providing efficient order traversal by price.Matching ProcessThe matching engine generates a new prefix from the combination of Taker’s marketId+!side. It uses this prefix to traverse through levelDB in ascending order, thus generating a list of all ranked orders in the market placed by Makers. A Taker’s order is matched when the following conditions are met: !taker.side && bytes.cmp(taker.price, maker.price) >= 0 || taker.side && bytes.cmp(taker.price, maker.price) <= 0. Any unmatched remainder is further processed until either the match fails or the transaction is completed. When a match fails, the taker’s order ID is sent to storage. The entire matching process adopts a simple and efficient way of reading/writing storage.Order Object CompressionTo improve storage efficiency, protocol-buffers are used to serialize the order object. If sufficient compression can be guaranteed, new fields may be added to the order structure to enhance backward compatibility.Storage can further be optimized by nulling the order ID’s four fields (marketId, side, price, and timestamp) prior to deserialization. During deserialization, only relevant fields are assigned.Storage Clean-upTo further reduce the occupation of on-chain storage, space is cleaned for completed matches and cancelled orders. Orders have a set timeout mechanism. Expired orders can be cancelled in batch without verification. To ensure all orders are accessible, cleared orders are persisted in dexServer service off the chain.Mining/Dividend Metrics Storage OptimizationvDex supports on-chain trade mining, stake mining, and handling of fee dividends. At the end of a day-by-day period, mining/dividend results are produced based on relevant metrics for the period.To avoid unnecessary impacts on normal transactions, mining and increase of period are made asynchronous. This requires that the state at the end of each period can be traced back via, in vDex’s implementation, snapshots. To minimize the number of snapshots, state of a new period is recorded only when there is a difference with that of a previous valid period, which minimizes storage duplication.Multi-Contractual CollaborationThe current version of vDex consists of two built-in contracts. dexFund undertakes operations such as deposits, withdraws, listing trading pairs, mining, dividends, etc. dexTrade completes the actual order placement, be it a match or a cancel.The design of two separate contracts facilitates system splitting and maintenance from an engineering perspective, and facilitates subsequent dexTrade sharding for higher throughput.Asset Correctness CheckCorrectness at code level is ensured through both unit testing and integration testing.vDex also verifies asset consistency in real time by comparing all the assets in built-in contract and the actual balance of the contract on the chain. If they are consistent, errors due to internal calculation and logic errors resulting in excessive asset issuance or loss can be ruled out.Asset check is equivalent to performing a full integration test on all the code of vDex’s contracts. This operation can be performed periodically during test phase or after formal deployment to verify the correctness of the contracts.vDex and dexServer CollaborationDuring the execution of the contracts, internal states are modified. Internal state changes are recorded in a eventLog and handled by off-chain service dexServer, allowing for downstream services such as monitoring and data statistics services.Official: https://www.vite.org/ViteX Official: https://vitex.net/Twitter: https://twitter.com/vitelabsVite Forum: https://forum.vite.netTelegram:English: https://t.me/vite_enChinese: https://t.me/vite_zhRussian: https://t.me/vite_russianJapanese: https://t.me/vite_japaneseVietnamese: https://t.me/vite_vietnameseArabic: https://t.me/vite_arabicGerman: https://t.me/vite_germanTurkish: https://t.me/vite_turkishIndonesian: https://t.me/vite_indonesianSpanish: https://t.me/vite_spanishPortuguese: https://t.me/vite_portugueseFilipino: https://t.me/vite_filipinoFrench: https://t.me/vite_frenchDiscord: https://discordapp.com/invite/CsVY76qFacebook: https://www.facebook.com/vitelabs/Instagram: https://www.instagram.com/vite.labs/?hl=enTech Series #3: The Design and Implementation of ViteX Contracts was originally published in Vite Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vite

20. 05. 11

Transaction History
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Binance Short cut
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OKEx Short cut
Security verification

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