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1  Alternate cryptocurrencies / Altcoin Discussion / Liquidity mining on ViteX on: September 10, 2020, 04:34:11 PM
The ViteX exchange demonstrates great income from mining, and now, along with a temporary campaign, this income is growing several times. The numbers are impressive, for example:

In VX/BTC pair, 4000VX I can mine 20 VX

In VX/VITE, if I trade 100000VITE I can mine 10 VX

Given the practically absence of risks, this turns out to be extremely profitable. More info about this camapaign and mining on ViteX can be found here:

https://medium.com/vitelabs/vitex-launching-one-year-anniversary-dual-campaign-aa4956b5d77f

https://forum.vite.net/topic/3569/how-to-mine-on-vitex-advanced
2  Alternate cryptocurrencies / Service Discussion (Altcoins) / How I made 1 BTC in 4 mth on ViteX on: June 12, 2020, 05:01:12 PM
    Hi folks!
    Before I get started, let me tell you in a nutshell what a ViteX DEX is....

    ViteX is a decentralized exchange developed on the top of VITE public chain, which not only its technology is decentralized, but also its ownership, operation and income right. The income right is counted by VX, and all income happened on ViteX will be allocated to VX holders.
    ViteX is a decentralized exchange of community, for community and by community and also the first decentralized exchange on the top of DAG.

ViteX website: https://vitex.net
Vite website: https://vite.org

Also mobile versions of ViteX is available in the Vite Wallet. You can search it in Play Market and App Store.

Before I get started, I want to mention several things:

  • I didnt purchase all my VX in one day, I managed to invest in both Vite and VX over a long period of time. You can though, ofc, and its not a bad deal as I see it. The return I calculated in my last post did take into account VX price variations. As of today my returns has further gone up by quite a bit since BTC ETH price went up, which is why I like ViteX, a DEX that gives you dividends. Im literally making money when I sleep, who doesn’t like that?
  • Purchasing VX directly from the market is definitely the easier way to start earning dividends (which is what I've been doing lately with my daily dividends since im comfortable with the amount of VX I own). If you’re tight in funds or really motivated, however, try mining by yourself since at most times, the cost of mining a VX through trading is lower than purchasing from the market.
  • Purchasing VX directly from the market is definitely the easier way to start earning dividends (which is what I've been doing lately with my daily dividends since im comfortable with the amount of VX I own). If you’re tight in funds or really motivated, however, try mining by yourself since at most times, the cost of mining a VX through trading is lower than purchasing from the market.
  • Market-making as mining, as they call it, doesn’t cost you anything but requires your attention so your mm orders don’t end up actually being executed.
  • I would suggest you to have at least several different assets in ViteX for either mining methods, which will make the process more efficient.
  • Make sure to DYOR and read the basic rules before start mining. They have pairs that may either eligible for trading mining, mm mining or both. You will be able to tell the differences by looking at the mining icon.
  • There have been questions on referral codes, I’ve covered most about it in my last post. You should try to find answers to questions such as how to make and use a referral code on your own..... But since I’m writing this, might as well share these link with you all:
    Referral code: https://forum.vite.net/topic/3884/how-to-acquire-or-use-a-referral-code
    Mining guide: https://forum.vite.net/topic/3708/beginner-s-guide-to-vitex-mining
    General Info: https://forum.vite.net/category/95/user-guides-tutorials
  • I’m sharing these because I believe a project is able to live and succeed only when everyone from the community can benefit from it and support it. ViteX has won me, and I hope it can do the same for you all too.

Going into my strategies, there are two parts to it.

With trading mining, the key is to compare VX mining cost to its current market price as time getting close to 12pm (when VX are released everyday). On ViteX website, the mining dashboard tells you the real-time expected mining cost . If cost of mining a VX is lower, start trading. This is why its better to hold different assets. If market price is lower, you are probably better off just buying it from the market.



With market making mining, the key is to place large orders as close as possible to the best sell/buy order in the order book and spread out your orders as much as they are within the mining range. According to official rules, “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)”.



This graph is just a simple demonstration of how I mine through MM. So, if the order book is empty, fill it up; if there is no sell or buy order close to your orders, make one. Ofc in reality I place larger orders and seize more market shares. Bottom line, mark your presence. Make sure you follow closely on changes in the market so your orders don’t get eaten up.

And a last tip, always check for special mm mining events. ViteX has, from time to time, weekly extra rewards for market making specific trading pairs, usually of newly listed assets.

That’s about it for now. As always, I’m open to messages and discussions. Reply, if you got questions or insights to share with me.
3  Alternate cryptocurrencies / Altcoin Discussion / Which is the best crypto currency in 2020 for online investment? on: May 12, 2020, 11:43:08 AM
I believe the future of cryptocurrency and transactions on the internet is free and fast transactions, not many cryptocurrencies fit in that framework.
 • Vite https://vite.org
 • Nano https://nano.org
 • IOTA https://www.iota.org

Are a few, I can think of right now that fit the model of free fast transactions.
out of the 3 above I am most hopeful for Vite since it has a very small market cap so it's much easier for that one to make a 100x price increase than the other 2.
also, Vite which means fast in french has a very unique system where they burn vite from trading fees on their exchange vitex.net , and at the moment they are burning more than the block inflation so the total supply on 1 billion vite is deflationary meaning that vite will become more valuable as less of them exist.

4  Alternate cryptocurrencies / Altcoin Discussion / ViteX Made Me 1 BTC (70% ROI) in 4 Months! on: March 17, 2020, 02:37:55 PM
In crypto, there are still adequate and honest methods of earning. This exchange was created by a team that builds its ecosystem, their main coin has been recently listed on Binance. Firstly, I want to immediately emphasize that the opportunity which I will write below is not a pyramid, hype or something like that. All profits are objective and justified. I recommend that you familiarize yourself with the Vite and ViteX, and then go on to my story.

Basic links and info:
http://vite.org
https://vitex.net
https://vite.wiki/introduction/
https://explorer.vite.net
https://medium.com/vitelabs/vitex-101-update-489f6e49392
https://medium.com/vitelabs/announcement-vx-mining-official-start-date-e66900b10888

ViteX is a decentralized exchange created by Vite Labs on its Vite-chain. You can view ViteX info on either CMC and CoinGecko. Also you can find VITE there, it is a coin of the whole ecosystem. There are a series of products developed by the team and various ways to make profits, but this article will focus on the DEX ViteX and its mining functions, that’s how I made money!



My acquaintance with ViteX began in the October of 2019. It is a young exchange that’s launched less than a year ago. Now I have over 38,000 VX (still growing) and received 1.09 BTC in dividends so far, that’s about 70% return on investment in less than 5 months and my annualized return is expected to be over 130%. It used to have only 18 BTC in its dividend pool, now this number has grown to 36 BTC.

I won’t say my exact investment but it’s probably lower than you think. To get to where I am today, I took several steps:

#1. Got a referral code (costed 1K VITE) and invited 7 address (mostly mine). Both the main account and the invited accounts will be rewarded with extra VX when the associated accounts trade or market-make. Good to have friends right?



#2. Trade mining eligible pairs.
It’s as simple. Make sure you use a referral code since besides rewarding extra VX it also lowers your trading fee. In addition to my mining proceeds, I also bought VX at times. But I stopped adding direct investment when I had about 20,000 VX and only continues to buy VX with my dividends. There will be surprises for you if you look up current VX price.

#3. Market-make.
I have been playing around this function for some time now, but arrived at a better understanding only recently. I can mine about 2,000 VX each day if I really put in my time and effort, but I’m happy with my proceeds even with less attention.



ViteX has both a web-end exchange ( x.vite.net ) and a wallet + exchange 2-in-1 APP ( app.vite.net ). The APP is a little more complicated to use than the web exchange as it has also a wallet function, but I found both helpful and smooth to operate and they make a good complement for each other.

When you login to the exchange, you will see a notice saying that it doesn’t serve users in many countries. But ViteX requires no KYC so no personal information will be exposed, don’t get scared off by the regional notice. Do know that you will start receiving dividends only when you stake more than 10 VX though.





CHEERS!
5  Local / 山寨币 / C2——让显卡回归游戏的使命 on: March 27, 2014, 10:33:54 AM
                              让显卡回归游戏的使命


                                               [/img][/img]——Coin2首款独立游戏Coin2 FPS首测点评

 

 

作为Coin2虚拟现实战略的一部分,Coin2游戏平台的首部力作,《Coin2 FPS》(正式名称待定)终于在广大玩家的关注下打响了Alpha测试的第一枪。笔者有幸参与了这次不定期封闭测试,在这里介绍一下大致体验。

《Coin2 FPS》是一款使用Unity 3D引擎开发的第一人称射击游戏,这款由Coin2团队自主开发的FPS游戏,其初期规划是免费运营,擂台模式,每一位参与者缴纳C2形成奖池,胜者赢取所有奖金。在游戏的注册界面已经集成了C2的钱包地址,一局结束,奖金将自动转入胜者钱包。(图一)

Coin2 FPS采用了FPS游戏常见的WASD操作方式,使用左键射击、右键瞄准,左Shift奔跑、左Ctrl蹲下、Space键跳跃,而数字1、2键则用于切换武器。玩家不需花时间学习,便可立即上手。笔者使用的测试环境为Windows 7 pro、Intel G840、8G内存、显卡AMD 6670,全开1080p能维持在30fps左右,可见这款游戏的配置要求也比较亲民。

本次Alpha测试开放了四张地图,分别为兵工厂场景Bunker(图二)、异次元风格的Jumper(图三)、沙漠场景Savanna(图四)和Farcry风格的迷人海滨Island(图五)。Island场景的海岸风景令人比较满意,Jumper的像素异次元风格比较特别,但对于开发者来说需要改进的还有很多,比如脚步声和匕首破空的配音,高处掉落无伤害的bug,以及个别武器发射时的贴图错误。

单纯从PC平台游戏来看,Coin2 FPS没有太多出彩的地方,但游戏开发使用了Unity 3D引擎,这让我们对该游戏的扩展性抱有很大期待。对于Coin2这个根植于Facebook的虚拟币社区,创作团队在应用开发上也充分考虑到了移植Facebook、甚至兼容Oculus的可能性。

而最关键的,是Coin2团队通过这款游戏,向世界发出了一种呼声,让显卡回归他本质的使命——游戏!Coin2的创作团队基于节约能源、摒弃无意义挖矿的理念,开创性地建立了第一支完全免费发放的虚拟货币,并以神奇的速度登上了比特儿等几大平台。虽然之后由于投机者的炒作、早期获利者的离场、以及模仿者的冲击,Coin2的市值几经波折,但开发团队的努力和踏实,让我们有理由相信,他们也许真的有能力改变一些东西。

 
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