Bitcoin Forum

Specifications

• Name: Vite
• Symbol: VITE
• Initial Supply: 1,000,000,000 Vite
• Inflation: Less than 3% per year
• Transaction Fee:  Quota Based Resource Allocation Protocol
  
  • 1. A PoW is calculated when the transaction is initiated (Just like Nano)
  • 2. Mortgage a certain amount of vite
  • 3. Destroy a small amount of vite
• Consensus Algorithm: HDPoS Consensus Algorithm
• Snapshot Chain Block Time: 1 seconds
• Ledger: DAG (Block-Lattice) + Snapshot Chain
• Smart Contract: Reactive Contract (Asynchronous Contract)
• Smart Contract Language: Solidity++
• Token Address: 0x1b793E49237758dBD8b752AFC9Eb4b329d5Da016 (https://etherscan.io/token/0x1b793E49237758dBD8b752AFC9Eb4b329d5Da016)
• Private Sale Investor: Bitmain, Node Capital, LinkVC, Genesis Capital, Ok Capital

Test Net 0.1

• Vite Web Wallet (https://wallet.vite.net/)
• Vite iOS Wallet (https://testflight.apple.com/join/3P0mLlhn)
• Desktop Wallet (https://vite.net/)
• Vite Store (http://vite.store)
• Block Explorer (https://testnet.vite.net/)

Exchange

• OKEX (https://www.okex.com/spot/trade#product=vite_eth)

Resources

• White Paper (https://www.vite.org/whitepaper/vite_en.pdf)
• Vite Introduction (https://vite.wiki/introduction/)
• FAQ (https://www.vite.org/faq)

Introduction

Vite is a next-generation Reactive Blockchain that adopts a message-driven, asynchronous architecture and a DAG-based ledger.  The goal for Vite’s design is to provide a reliable public platform for industrial dApps, with features of ultra-high throughput and scalability.


The most important innovation of Vite is its asynchronous architecture.

The following are the main asynchronous characteristics in Vite’s designs:

• Asynchronous model of requests and responses
• Asynchronous model of writing and confirmation of transactions
• Asynchronous model of communications between contracts

In addition, Vite makes use of a DAG ledger structure called block-lattice, which has far better performance than the traditional blockchain structure.  To make up for the inherent security deficiency of the DAG structure, Vite incorporates the Snapshot Chain technology.

Vite's consensus algorithm, called HDPoS, is a hierarchical consensus algorithm with low latency and high scalability.

In order to accommodate the existing ecosystem, the Vite virtual machine maintains maximum compatibility with EVM,  while providing a more powerful smart contract language, which we call solidity++.

Vite's original quota-based resource model and resource-leasing function ensure that system resources get allocated with maximum efficiency. Commercial Heavy users can be guaranteed sufficient quotas, while lightweight users do not have to pay commissions.

Vite's design of token issuing, token exchanging via loopring protocol and cross-chain protocol constitutes a complete closed-loop value system. Users can conveniently issue, store and exchange their digital assets in Vite system.

In the future, Vite’s mobile app will come with an HTML5 engine for creating dApplets (Decentralized Applets).  Smart contracts on the Vite platform and corresponding SDK support will make it easy to develop and deploy dApps on Vite.


The DAG ledger


Vite makes use of a DAG ledger structure called block-lattice. Each account has its own chain. Each transaction refers to the hash of the previous transaction in the same account. Transactions are divided into two types: "request transactions" and "response transactions.”  A response transaction needs to refer to the hash of the corresponding request transaction. This setup creates a grid-like DAG structure.

Such a structure allows parallel writing of individual transactions, reducing the probability of collisions and improving system throughput.

Note that this structure has an inherent deficiency in security.   This is because transactions are grouped by accounts, and each transaction is only attached to the chain associated with the relevant account. Transactions generated by other accounts do not automatically become the subsequent nodes of the previous transaction. Therefore, for some transactions, the rollback probability of their reversion will not drop over time.  To address this issue, Vite makes use of the snapshot chain technology.



The Model of Asynchronous Requests


Transactions in Vite can be categorized as request transactions and response transactions.  Regardless of whether an event is a transfer or the call of a contract, two successive transactions get generated on the ledger.

A transfer can be split into a receive transaction and a send transaction; a transaction to invoke a contract can be split into a contract request transaction and a contract response transaction; the message call within each contract can be split into a request transaction and a response transaction.

After the split, each transaction only affects the state of a single account, and transactions do not interfere with one another, which improves throughput.  In addition, transactions by different accounts are also allocated to different nodes in the network, thereby increasing scalability.


The Model of Asynchronous Confirmation



In the Vite framework, writing transactions into a ledger and receiving confirmations by the system are also asynchronous.  Different users may write transactions into the ledger in parallel., and the snapshot chain will take snapshots of the ledger at a constant rate.  A confirmation happens once a snapshot of a transaction is taken.  As the snapshot chain grows, the number of confirmations will also increase.

The mechanism of asynchronous confirmation will reduce the peaks and troughs of the speed of transaction writing, thus optimizing usage of resources.

Vite employs a hierarchical HDPoS consensus algorithm. Each account chain in the ledger generates local consensus results,  and the snapshot chain at the highest level selects the final consensus result from the local consensus results.


The Model of Asynchronous Communication


Vite's inter-contract communications incorporate a message-driven architecture, where the contracts do not share states but only communicate by sending messages to each other.

If a contract calls another contract, the former needs to send a request transaction first. This is logically similar to producing a message in MQ.  After the node running the target contract observes the request transaction, the node writes a corresponding response transaction in the ledger, and updates the state of the contract. This process is equivalent to consuming a message from MQ.if a return value is needed,  the target contract will send another message to the source contract in the same way.

In this model, Vite's ledger serves the role of the message middleware, and can guarantee the exactly-once semantics of messages.

The message-based architecture features high throughput and scalability.  But on the flip side, the programming models become more complex. Not only is strong consistency not guaranteed, but latencies may become longer.

To address the above issues and reduce the cost of asynchronous programming, Vite will provide a contract language called Solidity++ and a full SDK associated with it. After rigorous research, we found that in actual scenarios , BASE semantics can replace ACID semantics. The increase in delay is still under control since the HDPoS consensus algorithm guarantees completion of the transaction confirmation  within 1 second.


Other Designs


Vite’s design also comes with a few other features.  They are practical solutions to problems and pain points in the realm of decentralized applications. The development of Vite's community and implementation of the VEPs( Vite Enhancement Proposals) will drive continual improvement of Vite protocol.

Vite’s protocol supports multiple tokens. Unlike the ERC20 scheme, user-issued tokens and Vite tokens share the same underlying trading protocol.  This ensures identical level of security between types of tokens, and obviates security concerns due to poor implementation (e.g., those caused by stack overflow).

Vite will have the Loopring protocol built in, enabling exchange of multiple tokens. Therefore, the Vite wallet has functions of a decentralized exchange.

In addition, Vite proposed the VCTP cross-chain protocol that allows the transfer of assets between chains. The Vite team will implement the cross chain gateways with Ethereum.  Cross-chain gateways with other target chains will open to the community.

The resource allocation mechanism in Vite is based on the stake of VITE tokens, the one-time fee, and the difficulty of PoW for a transaction.  The mechanism provides flexibility for users with different needs. Users can choose to stake  VITE for a period, to get fixed amount of TPS quotas. They can also pay a one-time fee to increase quotas temporarily.  They could also lease resource quotas from existing VITE stake holders.  Lastly, they could even obtain quotas by computing  a PoW.

Moreover, the design of Vite includes the naming services, contract updating, timer scheduling, Solidity++ standard library, block pruning, and so on.

The white paper contains more specifics.


Distribution

The financing of the Vite project has been successfully completed, with a total of approximately 60,000 ETHs (including some BTC converted according to market prices).

A total of 400,000,000 Vite was issued, which accounted for 40% of the total circulation. It is expected that the first token will be issued before June 15 .

All token issuance is divided into 5 times, 20% each time, one month apart.

Vite’s investment institutions include: Bitmain, Node Capital, LinkVC, Genesis Capital, etc.

https://cdn-images-1.medium.com/max/1600/1*AlgnTQzfGTFk-LbseKE-8w.png

https://cdn-images-1.medium.com/max/1600/1*5SX1nrR0w1A2Wk5xITXheQ.png

Reserved

Reserved

The new kid on the block! The investors and partners part are just top notch. Teams seems young but has already extensive experience. Seems very high hard cap and I can't find info if there was a public sale? Or it was sold to only private investors? Very interesting project

There is no ICO. We accept fund from capital.

Our team is becoming stronger. We hired 16 engineers and PMs with six of them already on-boarded. The rest are in process of leaving their current positions.

reserve Chinese translation

I see, so are the tokens for all the capitalists already distributed? What was the bonuses given (at least specify the range please). Is your token (as I understand it is still a token on Waves?) available for trading?

Tokens for all the capitalists are not distributed. All token issuance is divided into 5 times, 20% each time, one month apart.

Now it's a ERC20 token on eth not on waves, you can check it at : https://etherscan.io/token/0x1b793E49237758dBD8b752AFC9Eb4b329d5Da016

In private sale, the Subscription Ratio is 1 eth for 7000 vite.

Now vite only can trade on loopring.io. Some of vite was sold on the loopring.io.  

Is there staking or masternodes involved for regular Joe investors?

Cool! Will buy some on loopring.io!  :) :)

This should be interesting. 5% is alot, but wondering how they will distribute. There's already 8500 telegram members. If it grows to 30K+, sure distribution gets larger, but then 5% seems alot smaller. Not like a crowdsale, where public gets much larger slice of overall pie. I hope this doesn't turn into a $10 airdrop.

Good project. But no token sale?

Would like also to know if we can run nodes or stack it for passive income

Awesome...

Interesting Project, congratulations on the funding and your recent newhires.

Top 10 [Suspicious link removed]d work team

Wait airdrop ::)

wait for airdrops

The project will be huge, but it is bit sad seeing all good projects simply ignore public sale (i.e., small players). Even with legal issues, I think the projects should consider allocating at least 20% for public sale. Anyway, good luck for the project !

Famous large-scale investment institutions

Reserved

do u have any translation bounty? i want to reserved malaysian

wait for Aidrop :) Thank you

Good Project, but it is sad to see how the new projects ignoring the public sale and sell it all to whales forgetting that crypto is all about communities

I think we should have one separate forum subgroup for solid projects and ideas like VITE.
Any advantages to many other DAG projects ?

(reserved croatian translation)

sounds promising.
pin!

We have the translation of Chinese. Now we may need other languages, such as Russian, Korean and Vietnamese

Our Snapshot Chain Consensus is similar to DPOS. Only the top 25 voted delegate can get the reward.

Thank you.  ;D

We will make an announcement for a plan for an Airdrop soon! Stay tuned and thanks for your interest!

The private sale is done, my so sorry for that.

We have reserve 5% of vite for airdrop. Just stay tuned.

We can't do a public sell because of legal issues.

We will publish our Bounties and Airdrop plans soon. people can get some bounties for contributing or get free vite for airdrop.

I'm interested in VIte project. ;D and i would like to reserve Vietnamese translations. for more details, kindly check my pm.

Wait airdrop!!!!!!!!!!!!

waiting airdrop

I've been reading about on the description in this thread,but still not really understand about the application platform.
How does the application work? does it means the application is customize able, depending on the company or personal that needing the application?

How many percent of the total number of tokens do you plan to allocate to airdrop?

nice project

Hi, I want to translate into Russian.

wil you do any bounty program?

wait for airdrop ;)

Are you programmer？If you want to translate, maybe you should know some basic technology. If you are not the coder, I don't suggest you to translate.

The application platform is mean dApp platform, is similar to eth dApp. But in Vite, every smart contract is a single chain. Communication between contracts is asynchronous. Every chain can be design for public chain or private chain. And we also add some useful tools for developing contracts. you can check it from https://www.vite.org/whitepaper/vite_en.pdf

The translation bounty is on the way, but I don't know if you can handle the technology word in the white paper.

Yes, there will be some bounty program, but the detail have not decided. Please stay tuned.

ok, thank you,

reserved for  translate to russian!

my major is CS at the university, so i can do it. ;)

Which exchange will you list this token. When is the airdrop ?

I'm still don't really understand about the concept of this project and the dAPP that it created.
How will the people utilize this dAPP?

The dApp is similar to eth. Each smart contract is a single chain, but in eth, there is only one chain. In eth, contracts may affects each other. 

In Vite contracts don't affects each other, If one contract make too many transactions it won't block other contract.

The core concept of Vite is: asynchronous architecture, the transaction is asynchronous, the contract is asynchronous.

Ok, I see.

The layout is broken in english version white paper.

Check this.

 > Definition 1.2 (Semantics of Transactional State Machine)

Thank you, I will check it.

Interesting project, I'm currently waitting for the airdrop!

There's a lot of dag project coming in the market, but it seems that VITE can achieve their plan, roadmap looks good.
Nice project .

Good project. I wait airdrop>

Hi, Is there any newsletter where we can subscribe to get notifications from Vite.

i think you can join their telegram group (https://t.me/vite_en) to update latest news, or try with Discord (https://discordapp.com/invite/CsVY76q) channel

good project, I wait airdrop  8)

When will airdrop start?

I guess community us still small and developing.
I went to Vite Discord ans saw little activity there.

Maybe more people on Telegram ?

Wait anounment

Noted

Good project but no ICO!
Btw,waiting for airdrop  :)

Interesting Project, congratulations on the funding and your recent newhires.

Stay tuned.

Yes, there are about 18000 people in  English Telegram Group.

------------Update-----------

A Series of Questions from our thoughtful fanbase, and our Answers to them.

We received a number of very well thought-out questions from our fans, and are publishing answers to them below:

https://medium.com/@viteofficial/a-series-of-questions-from-our-thoughtful-fanbase-and-our-answers-to-them-2b7e0458e28f

There's a lot of dag project coming in the market

I look forward to updates and additional information on the upcoming ICO

there is no public sale. only airdrop and private sale

+ bounty program

I read your preview, and very interested. Quite succinctly and clearly all described. Tell me whether you will have more open information on solidity++ and what will be the fundamental difference from smart contracts based on Eth.

This looks like an interesting projoct. Whats the best way to get on the airdrop?

Yes thanks,I also found the information here

https://i.imgur.com/z5NzATM.png

https://icodrops.com/vite/

I am waiting for bounty campaign  ;D ;D ;D this is the great project.

Reserved

Great project, congratulations on financing! We follow your news.

Perhaps, subscribe to this topic, like strong projects without public sales.
So I hope that the latest announcements from the team are on the way and will not take long to wait..

Excellent team, strong project!Good luck!

I can't wait airdrop from this project, "high performance DApps platform".
I will follow this project.

Interesting Project

Awesome Project !!

great idea. when will the airdrop?

Sorry, vite won't do a ico. The private sale is closed, you can buy some form loopring.io or get some from airdrop.

Yes, just wait, there is some update: https://medium.com/vitelabs/a-series-of-questions-from-our-thoughtful-fanbase-and-our-answers-to-them-84b6ae6bf509

Could you tell me, the tokens are sold in Bilaxy this is the original tokens Vite?

https://bilaxy.com/exchange#symbol=44 (https://bilaxy.com/exchange#symbol=44)

DO you need someone for german translation or prove-reading?

Yeah! waiting for airdrop!!! 8)

I'm waiting for an update on holding an airpoop! Probably not only me, I want to get coins of this project

I did not find the announcement, but judging by the Bilaxy - Ethereum Accounts https://etherscan.io/tokentxns?a=0xf7793d27a1b76cdf14db7c83e82c772cf7c92910
it's the same VITE

Good project) I am waiting airdrop

Can this be confirmed ?

Personaly I like this project. and this is a bit sad that there won't be any public sale and everything was sold on privat. Hope at list airdrop will be fair.

 ;D VITE, another dag project! there are too many cryptocurrency about this technology existed by now. in my survey, more than fifteen ones have died, and more than forty ones are still alive, so in this field, it's competitive extremely. For these ones, Iota,nano,fancom&Rchain maybe famous for public, especially iota. DAG as a creative consensus other than chain, have another future. many professional teams aim to it to make some great work ! maybe Vite,is just the one which has a strong technology team and a clear roadmap. in a short word, VITE is a decentralized  application platform connecting the nano's block lattice DAG with ehtereum smart contact concept, is compatible with ehtereum Dapps, and better than fantom. Hope it to arrive it's great goal!

Yes, it's the same vite. Our token address: https://etherscan.io/token/0x1b793E49237758dBD8b752AFC9Eb4b329d5Da016

It's the same vite.

But we don't suggest you to trade there, we suggest you to trade on loopring.io, the decentralized exchange is more safe.

Thank your encourage. ;D

It's the same vite.

I'm also very sorry that private sale is closed, now, you can buy from loopring.io or waiting for airdropping.

We will open more info about solidity++, please stay tuned.

The most difference between eth and vite are:

• Communication between contract is asynchronous
• In solidity++, it's more like a asynchronous programming

For example:

In solidity:


In solidity++:

what a great project, i'll get coins in exchange and from airdrop  ;D

Vite is a next-generation Reactive Blockchain that adopts a message-driven, great project with new concept i am very interesting
hopefull this project will be succes

I really hope that the airdrop will not have to wait long, and the participants will receive a fair number of coins. It's very bad if they give out coins for 1-2 dollars. We believe and hope.

Looking for airdrops  ;D

A Series of Questions from our thoughtful fanbase, and VITE Answers to them.
https://medium.com/vitelabs/a-series-of-questions-from-our-thoughtful-fanbase-and-our-answers-to-them-84b6ae6bf509
oh, that's interesting:
Q: Will the Name Service be protected from a homograph attack?
[http://www.analyticsedge.com/2016/11/heres-a-secret-%C9%A2oogle-com-is-not-google-com/]
[https://en.wikipedia.org/wiki/IDN_homograph_attack]
If yes, how?

A: We will limit the character set to ASCII and provide a library to hash the name to a pixel image like this: https://github.com/ethereum/blockies. The text of names may look similar but the profile pictures look completely different.

Q: Contract Update. Hackers or malicious owners of the contract (aka, scammers) can change the internal structure of the smart contract — and users will think that everything is ok. How will this problem be solved? (If keyword static is purposefully not used.)

Will the delegation of a consensus group proxy node be mandatory to avoid the falsification of a smart contract?

A: We don’t think delegated nodes consensus is a good idea. Critical contracts should be defined as static. The non-static contracts play the role of the backend of dApps. The owner of the contract is responsible for the correctness of the contract.

I wait airdrop 😍

This is an interesting project and since there will no more be an ICO I am then happy to receive some airdrops. I now see that there are many project using the DAG platform...and there can be more based on the fact that DAG is serving well. With a good and young team behind the project, the energy and excitement is quite easy to detect in here. I am wishing VITE all the success that it deserves.

It seems to me that there is no Airdrop. maybe I missed this information. but I can not find it at all.

thats on their english telegram..
"We will make an announcement for a plan for an Airdrop soon! Stay tuned and thanks for your interest."

i am waiting for airdrop rules as well..

Is there any bounty? Looking forward to the airdrop.

Good project, I bought VITE on bilaxy

for those who need it https://bilaxy.com/exchange#symbol=44

HI! Awesome project!!! And I ready to translate on Russian!!! I am Waiting PM from you!

I'm always impressed with DAG.. I think it's the future and more practical

reserved! :))

how to participate in airdrop?

The project is looking good. Is there no ICO? What is the token price? And why there is no bounty ? I would like to more about this project.

This project looks promising

When start airdrop ?
I waited

https://t.me/vite_ann/13
Vite will have major news release this coming week (the week of Jun 25). Stay tuned!
Maybe it will be some news about airdrop )

Amazing project !

As far i understood the crowdsale is canceled.. funds like bitmain, node capital, etc. got all allocations, it's a pity, i wanted to enter.

Hope that i will get at least airdrop.

And i wanted to ask, seems like some small stake of tokens already tradeable, can you clarify what amount is circulating right now?

excellent project . professional developers . thanks

Reserved

i think they mean this:
Vite Labs is pleased to announce that it has entered into a long-term strategic partnership with OK Blockchain Capital (“OK Capital” below), a blockchain-focused investment fund under OK Group.
https://medium.com/vitelabs/vite-and-ok-blockchain-capital-enter-into-strategic-partnership-38a1ad9c5b37


 

Yes. You are right.

The Token been sold at private sale is 40%.  Token will be released for 5 months, every month will release 20%. So in the first month the circulating is: 40% * 20% = 8%.

Just stay tuned, AIRDROP is coming soon.

I think this project very good. But I want see more, and when airdrop?

I'm waiting for the airdrop. I really believe in your project.

https://twitter.com/Aurora_dao/status/1010661816018432001
correction if i am wrong, is it true this is a VITE token added by IDEX, if true i want to be part of this thread see what is interesting in this project, if i see the contract address it seems not wrong

The vite is true vite, but idex is not official exchange. We have not contact with idex.

Thanks  ;D

Will you have bounty campaigns?

Just stay tuned.

Got it ,thank you for this clarification. Seems like is too dangerous to buy it now... but who knows, maybe the demand will cover all this my fears.

;D You are welcome.

Stay tuned, Please join our telegram, we will make a announcement on telegram when airdrop plan is ready. https://t.me/vite_ann

Hi, guys! I wish your plan runs successfully.
Watchful website,  good results.

so for now it's clear that Vite will be listed at Okex. And this rpoject begin to look much more interesting  for investment )

Hello, first of all when and how are you going to inform us about the airdrop. Second, is there a bounty program?

There is a bounty program.

The airdrop is on the plan. Stay tuned.

There are bright prospects lying ahead.

Can you tell me where I can read the information about the bounty campaign? I can't find her by myself. Thank You!

The bounty program is not come out, stay tuned, when bounty program is ready, I will make an announcement in telegram.

This is good decision to make not just airdrop but also a bounty. Coz many people abusing airdrops today by making tones of fake accounts.

oh yeah airdorps  8) 8) 8)

Where is your bounty program and which campaigns does it include? I didn't see any announcement about it, but i would like to participate if you have any such program.

any exchange to buy vite?

Any bounty program and how could I participate in ICO?

wait airdrop, vite very good

No ICO?From this point on, I am very interested in it.I have added your telegram. I will know more about the development of your project. :)

If there is no token sale, how to become your investor? Airdrop? or is there a direct opportunity to participate in the investment?
How do you get on the white list? if he will of course.

There will not be a public sale man, all tokens were sold to private investors and funds and we expect an airdrop, and may be a bounty in addition.

this project is perfect. the way can be long but idea is great!

"The bounty program is not come out, stay tuned, when bounty program is ready, It will make an announcement in telegram."

An excellent and promising project in my opinion. We are waiting for news and the most important is airdrop

We will prevent people abusing airdrop.

Stay tuned, by the way, there is a news, we are now open source the go-vite. Here is the link: https://github.com/vitelabs/go-vite

I read that you would be using a separate blockchain for each account. Is this similar to Nano in some ways? Any key differences?

You can find more in our whitepaper, we have listed our some problems. Nano adopts a voting based consensus algorithm, transaction is signed by a set of representative nodes selected by a group of users.  We provide Snapshotchain.  We can regard the voting results as a snapshot of the status of the ledgers. This snapshot will be distributed in the local storage of each node in the network. In order to have the same tamper proof ability with the block chain, we can also organize these snapshots into chain structures, which is one of the kernel of the Vite design - the snapshot chain

I also see great prospects for this project. I believe in the team's success. they are pr-professionals and they must achieve their goals.

Hello, guys! What is the tps of Vite?

This number hasn't been released at the moment. TPS is a headline number that doesn't capture other key characteristics such as the scalability and security of a public blockchain.

great project

This project is perfect....Wait airdrop   ;)

I thought airdrop would be before hitting exchange. I know this has been asked a lot. But can you tell when you plan to share more about the airdrop? Can we expect anything this month?

their COO said definitely, they are about to make an announcement

When we finish the core development, we will make a test. Now we don't know how much tps vite can touch.

When airdrop ??

Hey, guys. Is bounty not included in the plans of developers? High ratings put services to the project, I would like to earn a piece of cake  ;)  I have heard That the coin is already trading, but I did not find where. Can you tell?

We have a plans for developers. We like genius developers, and want more developers to join vite. This is our code: https://github.com/vitelabs/go-vite

Hello, guys! Are there any interviews with the founders?

yes, check this one:
https://youtu.be/hho-kjHNIKs

Wait for the airdrop !

i'm not a tech specialist but as i know, Tps is not the main indicator of blockchain, there are a lot of other important characteristicks...

https://image.ibb.co/bCaZ1d/photo_2018_07_06_22_08_04.jpg

Vite will soon launch its airdrop campaign and advises to closely monitor announcements. Judging by the highlighted letters there can be puzzles...

can anyone give me some information within regards to when the tokens will be released and is there a lock on them? How much was raised in private sale? what was the highest discount for private sale tier?thanks  :)

So regarding to the latest announcements now we need to w8 untill monday and watch AMA on youtube )

I understand you, unfortunately, I'm just a hunter. But a hunter with strong beliefs I'm more a holder than a speculator. Currently, there are very few cool projects that allow you to participate in the promotion. As a rule, they do not need it.

Very interesting project, from what I could see from the ANN. I'm now waiting for the announcements which are supposed to start from monday, and they should also relate to airdrops, if I have understood correctly.

This is a top notch project from a world class team. I am really excited about Vite and what they aim to accomplish.

What's your github?

:D

Hey guys ! Does somebody watched the AMA  ? was there anything interesting and any information about airdrop maybe  ?

You have to answer questions during the AMA to get rewared.The result of the AMA has not yet to announced,  keep an eye on https://t.me/vite_en (https://t.me/vite_en)  ;)

One of the few projects that has real value. Impressive.

What will he give you? I'm not a developer. I just collect coins promising in my opinion projects. It is natural that with hope to receive a profit in the future) ;)

Vite is the true gem.

This looks like a hidden gem.Will follow up on telegram
BWT when is the ICO scheduled ?

really great project. I want to stick with this vite.

Sorry, there is no ICO. The private sale is closed.

I wait for airdrops

I have overflown the whitepaper and I very like the idea. As an early investor of other successful DAG based projects I regret I have not found the project earlier.

It's not too late to join vite.

Hi . I'm interested on this project. I'll wait for this to look what is going to originate!

Wait for Airdrop.

 VITE  (https://cryptochartindex.com/currency/vite)is now listed on CryptoChartIndex , Now you can get all information regarding VITE on CryptoChartIndex (https://cryptochartindex.com)!

listed on CMC,IDEX,CoinEX

When mainnet ?
thank...

am i alone think that this AMA airdrops are not efficient and unfair? i was trying that during the very first ama with crypto zombie and i was really disapointed about how it is going and how many people get airdrop. i think that the team could come up something better, they need hype, it happens when you sell all allocation to investment funds and a common people don't even know about the project, and it happens more often last times...

Thank you. ;D

It should be at Jan 2020. Maybe we will make it ahead of schedule. The deadline is Jan 2020.

New Update:


VITE Progress Report (July 1–15 2018) (https://medium.com/vitelabs/vite-progress-report-july-1-15-2018-5ed13c36635b)

Recently, unfortunately, it is, I agree with you. Most of the coins are sold to private funds, and ordinary users are left out of work...Well, or they will allocate 2-5% to everyone. So the question arises-where is the true decentralization when almost all the coins are concentrated in several wallets?

I agree. I've read on this thread that a private sale has been done - and that's it, if I understand well. This is NOT decentralisation, and sooner or later this could provoke the project's failure. Tech is not everything - at all! Adoption is the key. An airdrop has been announced, but then never confirmed. Some good news would be appreciated.

is here any plan for comunity airdrop or only watching videos etc? and lot of promises?  tell something constructive or what is this all about? we all can see no airdrop happened here. all is about some 20 people that win some tokens after see video. lot of peopme waiting for airdrop and nobody from u can tell some valid information so i want to know ( because like this is a waste of time)  if will be normal regular airdrop or u just tell me stay tuned.... 
thanx...

Curious, too.
Shilling your own coin makes a shady light on it btw, saw many dev doing this in the past, you can guess where the coins are nowadays. I also hope you are not related to the scam coin vites, which has very similar name and similar logo.
Besides of that, vite is looking quite interesting, I will observe this.

We are now at okex.com.

Please check it at: https://www.okex.com/spot/trade#product=vite_okb

All 40% for token sale was sold on private sale or they had public sale as well? They have 25% of total tokens for "Ecology funds". what this means?

All 40% token was sold on private sale. There is no public sale. The Ecology funds is for building our Vite ecology. Now we have invest some dapp project. Such as payment project. Latter, we will put out the news.

Sorry but I can't understand. What this means "Vite ecology"? This is for development or for mining of for what? What price was at private sale?

Looks like a really promising project. Really like the list of investors and strength of team. Only concern is lengthy roadmap.

Vite ecology is for build vite dapp ecosystem. We will use this fund to invest and support some dapp on vite. Such as payment app, game app.

The price at private sale is: 1:7000, So the price is 0.00014286 eth/vite. But most people get vite above 0.00014286 because some people is get vite from investment organization. So these people get the higher price.

We are considering to put forward process. Maybe in Q1 2019. 

But it have not been decided yet.

YOUR PROJECT LITTER BIT MORE AMAZE ME THAN OTHER PROJECT BUT WHEN IS ICO DECLARED.

Sorry, there is no ICO. There is a private sale, but it is closed.

Greetings! What will you do next, after the private sale?

We are now working hard to develop the first version of vite. You can check the github: https://github.com/vitelabs.

https://cdn.discordapp.com/attachments/425845491478298624/475251908244799489/unknown.png

https://cdn.discordapp.com/attachments/425845491478298624/475252019901497344/unknown.png


The first version of go-vite have been finish which include basic function of transaction. You can check it at: https://github.com/vitelabs/go-vite

The vite-wallet is going to internal test process.  You can check it here: https://github.com/vitelabs/vite-wallet

The first version of block-explorer have been finish, you can check it at: https://github.com/vitelabs/vite.net

 

Thank you. I understand now. So price fixed in BTC? What min amount for private sale and how much hardcap in total?

Sorry, it's my fault. The price is 0.00014286 eth/vite. The price is fixed in ETH. The private sale is over. We have sold about 40%.

Preview version is coming. This version only include basic transaction in DAG with Snapshot-Chain.

Next step, multi-token, basic smart-contract, HDPOS.

Vite is on the road.

https://cdn.discordapp.com/attachments/425845491478298624/475966069295677440/WechatIMG28.jpeg

Good update, Wait for more and airdrop ;D

perfect!

Wonderful UI and color choice, looks like Vite is ahead of roadmap.

I understand that getting all the money in one shot is something difficult to refuse, but I'm pointing to your attention that the key of value in crypto is decentralisation (=adoption, which is what is creating value according to Metcalfe's law), and you have just centralised 40% of the tokens by selling them to just a few players, which added to 25% of tokens reserved for your needs + 20% reserverd for you pockets means that 85% the network is actually not a network, but just a couple of nodes. I don't know how this will play out, but surely it doesn't sound good. Even though the project on paper seems (or seemed) to be a good one.

We've added Vite to our voting list on which users are able to vote on their favorite coin. The top 10 of those coins will be listed in our brand new exchange in the beta phase.
If you'd like to contact us please do so via our contact form system on https://Xiphos.exchange/help.
Vote now at https://xiphos.exchange/vote.
We wish you good voting and the best of luck.
Yours sincerely,
Xiphos Team

I have never heard of this exchange  ??? lol

I remember that this guys were announcing big giveaways or airdrops. Is any information about any stuff like that ?

VITE an interesting project
My rationality in the project has just been strengthened after I bought a lot of VITE

We recently started, the alpha is going live soon (0% fees) we're going to release more info about this soon. After the alpha is done (2-3 weeks) we'll start the beta and list the winners

I am so depressed, i came to this post almost every few days, and every time i saw it, the airdrop plan still do not begin.

Bitcointalk Profile:
ETH Wallet:0x18a994A3CFF10C1eb9207DA3048033e3e928C7e7
Telegram username:@np696969
Twitter username:@99mlinton
Youtube profile link:https://www.youtube.com/channel/UCsg9eOM1aF_eUhplPvOwL3A?view_as=subscriber
Youtube user: UCsg9eOM1aF_eUhplPvOwL3A

The concept of Snapshot Chain is created by Vite. How does this idea come from? This article was originally written by the founder and CEO of Vite, Charles (Chunming) Liu. Check it on our official channel now!
https://medium.com/vitelabs/snapshot-chain-an-improvement-on-block-lattice-5c1897e0cc89 …
https://twitter.com/vitelabs/status/1034211403018645504
https://i.imgur.com/7qtoOih.jpg

@eli_lyd1: Can you already give some information about the community airdrop?

Is there a future for this coin?
In the near future, not a very long time

Hi team. This is so much guaranteed, all the legendaries on the forum are supporting, celebrities are supporting it! You can not hesitate now, 100X investment returned is just around the corner.

About the airdrop. We will do an airdrop after our test net 1.0 is public. We will issue a assets on our testnet which will convert to real vite on mainnet.

During the test net, everyone can running a node to get reward.

The test-net 1.0 is under developing which will come out on 2018.10.

Test-net 1.0 will contain many features:

• Support HDPOS
• Support Simple Smart-Contract
• Support Quota Calculation
• Reduce The Block Time To 1 Second

Hi, any news about progress?

Vite has a team of 38 people already, I believe. Here’s hope for more product releases and sooner main net launch

Performance of the coin on the market is not great at the moment. Are you guys waiting for a big technology break?

I remember the same. They have still 2/3 of all tokens to distribute, so I really hope there will be an airdrop.

Waiting for that too

Hi everyone,
We are happy to announce this big thing!
After more than one-month of R&D, we are grateful to announce that  five products of Vite team are launched on Sep 30, which can be named:
Vite Web Wallet, Vite iOS App (which includes a wallet function), Vite Block Explorer, Vite Store, and Vite Pay!

1. Vite Web Wallet Address: https://wallet.vite.net/
2. Vite iOS App, point your browser to the following link: https://testflight.apple.com/join/3P0mLlhn (steps are informed in the below Medium link)
3. To download Vite Block Explorer, visit https://testnet.vite.net.
4. The Vite store is at http://vite.store.
5. Vite Pay

More information to be found here: https://medium.com/@viteofficial/51133ef9a01c
Please feel free to add comments/ feebacks with us.

Visit us at website vite.org for more information.
Thanks!

great news and great progress for the team. it can be seen that finally launched the work as it should. have you tested all the updates and bugs and no problems? just my antivirus warn problems after downloads and do not really understand why.

Careful with this guy, doubt he is from official vite team. Very likely that this links contain malware

The links is right.

Yes, the main net may launch in 2019.02.

There will be a give away in our 0.0.3 test-net.  If you running supper node in 0.0.3 test-net, you will get some vite as reward which will convert to real vite after main net is launch.

That's a great idea for a airdrop. I would like to set up a node for testnet as soon as it is possible. I have two idle VPS available.
Can you already say when I can set up the node? Is there any tutorial?

Ecosystem of blockchain technology - will Vite labs beat its own R&D timeline again?
https://medium.com/vitelabs/ecosystem-of-blockchain-technology-2c36c161adb6
Comment here!

What advantages you have before tons of other new similar project which creating platform for dAaps? What speed you have in your testnet? Do you have comparison with other blockchains?

Firstly, Vite applies an asynchronous architecture to the message-driven of smart contract. Nano (a DAG project) divides the transfer into two actions: billing and recording. Meanwhile, Vite draws on Nano and extends it to the smart contract. Transactions are divided into accounts. A call transaction has two parts: a request and a respond transaction. In Block-lattice, there are a independent chain for each account, while DAG (Directed Acyclic Graph) usually says a tangle structure which does not support the mentioned feature. Transactions in DAG could refer to multiple blocks while in Vite the transaction pair only happens between sender account chain and receiver account chain. In Vite, the transaction is written onto the ledger and is asynchronous.

Secondly, in Vite, users can write a lot of transactions to the ledger within limit TPS, but the throughput is confirmed asynchronously, which smooths the confirmation of transactions, maximizes the use of the system resources, and improve the throughput of the whole system. In the meantime, transactions are sent in one account, leaving those in other accounts unrecognized for a longer periods.

Last but not least, Vite is expected to use the asynchronous design for inter-contract calls. With an event-driven architecture, every smart contract is viewed as an independent service. Contracts communicate via messages without sharing state. Vite adopts message-driven architecture. There is no state sharing between contracts. Users only communicate by sending message to each other.

Transactions in Vite are grouped by accounts. That is, each transaction only changes the state of one single account. Sending transactions are separated from receiving transactions, which obviates waiting for a transaction to be completed before the initiation of another one. The hierarchical design of the consensus algorithm allows horizontally scale in consensus groups.

I believe with those criteria, Vite is a technical coin, and expected to be the most promising blockchains project of 2018.

Vite TestNet Online Notice
Major Milestones about Our TestNet

https://medium.com/vitelabs/vite-testnet-online-notice-81d06cf7d463

Further Details about Vite TestNet
https://medium.com/vitelabs/further-details-about-vite-testnet-9856ea31a40f

Very active project.. Hope Mainnet coming soon after Testnet launch next month.

waiting for testnet

Vite Bi-weekly Report
October 1–15 2018

https://medium.com/vitelabs/vite-bi-weekly-report-f51f1ad5511c