Q1: Scalability problem from ledger bloat lead to lost of performance.
Currently we are producing 80GB of ledger every year. Solution including pruning/archive/sharding/etc. What will ViteLabs do about this issue?
Q2: Allegation of ViteLabs using automated trading bot to keep the dividend pool of VX stable. Is this true? If true, what are the reasons behind this?
Q3: The slow but steady decline of Vite Exchange volumes can be see using statistics page of Coingecko. What will ViteLabs do to elevate this problem?
Q4: Node congestion issue from density of transactions. Community devs and operators are already trying to fix these issues on their side. Will there be some sort of policy or devs effort from ViteLabs to fix this problem?
Q5: Solidity++ v0.8 Upgrade will allows compatibility with EVM, if I understand it correctly. Which allows Vite network to easily deploy existing Dapps. How long will it take for an average community dev to deploy it on Vite? I know there are many factors involve, but let's say is 3-6 months enough to fully deploy an existing Dapps on Vite network?
There are 3 major issues dominant in crypto and blockchain:
Security, Interoperability, and Scalability. so
How does Your Project plan to overcome and solve these issues?
@VITEBIZDEVCOMMS Good afternoon. AMA was great! Many thanks! Can you please tell me if there will be prizes for the participants, whose questions were selected for the AMA?
@Richard_Yan
its a good pr but wont it affect the investors particularly the traders of VX in vitex exchange itself?
this includes losing trading volume in vitex exchange itself.
@Richard_Yan
I actually tried responding in the telegram group about this one. I wasn't asking because I was worried about VX being distributed correctly, I just think it would be beneficial to be able to easily see the VX mined from specific trades and/or market-makers so you can determine if one mining method is working better for you or not.
I understand that. I was actually drawn to ViteX because I was interested in the crypto listings since they weren't on other exchanges.
I appreciate the responses!
@LanceLiu
Hello - We answered your question here. Just search with the text of your question.
https://forum.vite.net/topic/4110/vite-labs-leadership-ama-august-13-2020-review
