@孙权 errrr did you join latest iOS campaign??? So interesting to joinnn
Best posts made by bonita_v
What are the advantages of Vite compared to other public chains?
What are the advantages of Vite compared to other public chains?
There have yet to be many infrastructure chain projects that employ an asynchronous architecture because there are severall downsides, but the performace is like comparing an automobile to an airplane engine.
Vite splits transactions into pairs according to a “request-response” pattern. The writing and verification of transactions are asynchronously decoupled, which results in ultra-high throughput. Inter-contact communicatoins are based on an asynchronous messaging model.
Vite uses the DAG mechanism because its TPS (Transactions Per Second) is much higher than other infrastructure chains. At present, Vite uses the Snapshot Chain to resolve the security weaknesses in DAG.
Let’s go in detail with the innovation of Vite with the following points!
Comparison Table among Bitcoin, Ethereum, EOS, IOTA and VITE
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.
Aug 3, 2018
Vote for official SBPs and get rewarded!!
Vote for official SBPs
Over 8000+ VITE will be distributed everyday with an annual return of 20%
Vite TestNet incentive plan started at 13:30 (UTC+8:00) Nov 23, 2018
In TestNet, Vite Fund is responsible for at least 5 SBPs to ensure the stability of the system. All of the rewards garnered by official SBPs will be given back to our community members
Official SBPs of Vite: Vite_SBP01、Vite_SBP02、Vite_SBP03、Vite_SBP04、Vite_SBP05
The rewards obtained by these five SBPs will be distributed in two ways: 70% will go to users that vote for the official SBPs, 30% will go to the full node operators.
These five SBPs are expected to generate 8000+ VITE as voting rewards. The earlier you vote, the more rewards you collect!
People are earning $Vite by voting for official SBP every single day. What about you??Over 80 Million VITE ERC20 tokens to VITE TestNet.
Dear Vite fans!
Vite Labs is so proud to announce that all of you have migrated over 80
Million VITE ERC20 tokens to VITE TestNet.
Thanks to all of your efforts and participation!
There are still 20 million VITE ERC20 tokens left in the first round of
Please do migrate your ERC20 tokens to the TestNet and Vote!
Earning rate for Voting shall decrease once the first round ended!
Here is the link of web wallet:
Or you can skip to the above link from the home of the official
Vite Labs - Let's Create Something Cool!
Vite would like YOUR opinion on the Vite TestNet experience in our forum
Vite would like YOUR opinion on the Vite TestNet experience in our forum. We are looking for an insightful writeup or helpful comments on how users can take advantage of TestNet’s performance and functions. Here are the guidelines to follow for this campaign!
1.To participate in the Vite forum discussion, you must have a Vite address.
2.The 2 types of submissions Vite Labs will be accepting are (1) individual post submissions or (2) responses to previous forum discussion posts.
3.A post submission must be over 1 paragraph in length and will be rewarded 500 VITE (with visible effort shown).
4.A comment to previous postings will be at least 2 sentences in length and each response is individually rewarded with 20 VITE.
5.Posts and responses will be DILIGENTLY graded and judged by the quality of the writing, thoroughness of explanation, and of course the insight that the text gives to the community about Vite TestNet.
Remember: the topic of discussion is on the TestNet experience.
- No reward will be given for spam posts or to text with no apparent educational value.
- This forum campaign will run for exactly 2 weeks.
- All rights are reserved by Vite Labs.
-Each quality post submission will be rewarded 500 VITE.
-Each insightful comment will be rewarded 20 VITE.
-The BEST post submission and topic on the Vite forum will receive 2,000 VITE.
Read here for more details
Looking forward to your opinions!
Vite Labs is proud to announce that we have been selected by City of Syracuse to design a P2P, low-income micro-loan program with blockchain tech!
Vite Labs is proud to announce that we have been selected by City of Syracuse to design a P2P, low-income micro-loan program with blockchain tech! Blockchain is under-utilized in public services, and we're honored to take a lead in changing that.
More information: https://t.co/9GB36Ix2wL
What’s a Supernode? What does SBP stand for? What does it all have to do with Vite? Let’s go back to basics and introduce our Supernode + Full Node Incentive Programs to any new fans we have out there.
Supernode 101 | Earn Vite Rewards Daily
Everything You Need to Be a Snapshot Block Producer (SBP)
Written by Luke Kim - Vite Labs
Published date: Jan 4
1) What is a supernode?
Supernodes are unique to blockchains with a Delegated Proof of Stake (DPOS) consensus mechanism. Think of DPOS as a representative democracy, wherein the elected officials confirm the legitimacy of individual transactions and the overall public ledger. Below is a summary of incentives for running a supernode:
2) Why are supernodes in Vite called Snapshot Block Producers?
Vite uses a variant of DPOS called Hierarchical Delegated Proof of Stake (HDPOS). This is due to our Block Lattice architecture which is a novel form of Directed Acyclic Graph (DAG). In HDPOS, there are three levels of consensus:
Local Consensus: Happens at the level of user accounts and smart contract accounts. Vite’s Block Lattice DAG ledger means that each user and smart contract has its own chain. Delegated Consensus Groups are hand-picked sets of full nodes who determine the state of smart contracts.
Global Consensus: Global Consensus happens at the Snapshot Chain level, through the Snapshot Consensus Group. The Snapshot Chain is an overall ledger of all chains at the Local Consensus level; though it does not store the whole ledger, it stores key information such as account balances and roots of Merkle Trees of smart contract states.
The relationship between Local Consensus and Global Consensus is captured in the following analogy: a company records its financial transactions (Local Consensus) and an auditor confirms that they are correct (Global Consensus). Supernodes are members of the Snapshot Consensus Group, from which the top 100 are eligible to become SBP’s.
Snapshot Block Producers (SBP) are the top 25 voting supernodes within the Snapshot Consensus Group, who produce blocks for the Snapshot Chain. Vite invented the Snapshot Chain to mitigate security issues posed by DAG architecture, which are well known.
SwissVite is an outstanding example of an SBP. We previously highlighted them in this article. They are a team of five based in Geneva, Switzerland.
3) Why should I become a supernode and SBP?
You get rewards based on performance. Our team will help you grow your community and stand up your supernode!
$) We provide weekly rewards for growing your community and developing your local ecosystem as an extension of Vite. We accept proposals through the Vite Forum. If approved, we double your rewards for the week and we showcase you to our entire community.
$) We select the top two entries for monthly rewards and give these projects additional rewards equivalent to their block producing reward for that month.
$) Submissions are accepted on the Vite Forum until 11:59 PM each Wednesday. Results are announced every Friday. Submissions must follow this format:
Title: [SBP Proposal] [SBP Name] — [Proposal Date] — [Headline of Proposal]
A great submission would be something similar to the recent campaign by SnapSecure. They are another great example of an SBP. In this campaign, SnapSecure had fans guess full node rewards and encouraged their community to explore our Full Node Incentive Program. Vite is happy to co-sponsor community campaigns and competitions with our SBP’s.
4) How can I become a supernode/SBP or full node?
- Set up a full node. This takes 10 minutes maximum. full nodes keep the complete Vite ledger, vote for SBP’s and earn rewards unique to full nodes.
Check out this amazing full node tutorial by SnapSecure!
2. Set up a supernode in order to become an SBP. Be ready to stake VITE through your wallet and start the process of getting votes!
Check out this amazing SBP tutorial by SnapSecure and apply officially through our website!
Vite Labs assists SBP’s in the following ways:
Technical Support: Systems Integration + SBP Server Operation
Marketing Support: Shoutouts + Community Campaigns
- Who are the SBP’s and how many are there?
Take a look at our SBP list online. Many of the teams have interesting personal profiles and they’re based all over the world!
Official: https://www.vite.org/ Telegram: English: https://t.me/vite_en Chinese（中文）: https://t.me/vite_zh Russian: https://t.me/vite_russia Korean: https://t.me/vite_korean Vietnamese: https://t.me/vite_vietnamese Thai: https://t.me/vite_thailand Twitter：https://twitter.com/vitelabs Discord：https://discordapp.com/invite/CsVY76q Reddit：https://www.reddit.com/r/vitelabs/ Vite Forum：https://forum.vite.net
If you want to reward some one, not in annonymous mode, why not try this? Let's try and tell me if it works!
If you want to reward some one, not in annonymous mode, why not try this? Let's try and tell me if it works! Comment here if you want me to send you some VTT You can try sending me a lot of VTT
My wallet address is
Introduction from @plasmo
CHIẾN DỊCH V-DAY (VITE DAY OR VALENTINE DAY?)
Để chuẩn bị cho ngày lễ Tình nhân sắp tới, chúng tôi đã tổ chức chương trình để các bạn có thể truyền tải tình yêu của mình với Vite! Thiết kế một hình đại diện có chủ đề Vite và đăng lên Twittẻ. Người thắng cuộc sẽ nhận được VCP để có thể mua được các sản phẩm của Vite trên Vite Store Quốc tế.
Vite Store quốc tế đã chính thức ra mắt tại: https://global.vite.store
- Tạo một bức hình có chủ đề Valentine và Vite - phải có logo của Vite và đăng lên TWITTER. Chương trình sẽ bắt đầu từ bây giờ tới 15/02/2019 07:00 GMT+7.
- Đính kèm hashtag $VITE và #sweetvite. Các bạn có thể thêm hashtag gì khác cũng được^^
- Upload bức hình của bạn vào mục comment ở đây https://forum.vite.net/topic/784/v-day-campaign
- 1 lần chơi/ 1 tài khoản
Logo Vite tại đây: https://drive.google.com/drive/folders/1bFRO0fTfoqyaQzFSlFt1DEaj3-7Y_1CA?usp=sharing
- Mời các bạn điền form này để nhận thưởng: https://goo.gl/forms/tEUjDRIBuzdOFucf2
Các danh mục các bạn gửi tới sẽ được xem xét và đánh giá bởi các admin Vite cũng như cộng đồng. Chúng tôi đánh giá cao sự sáng tạo của các bạn!
Top 3 bức hình được đánh giá cao sẽ nhận được lần lượt 50.000 VCP
Top 10 bạn tiếp theo sẽ nhận được lần lượt 20.000 VCP
Những bạn tham gia còn lại sẽ nhận được mỗi người 5000 VCP
Những người tham gia khẳng định rằng các bạn sở hữu hoặc có quyền sử dụng tất cả nội dung được sử dụng trong thiết kế của mình. Nếu các bạn sử dụng sản phẩm của người thứ 3, thì phải được sự cho phép từ chủ sở hữu trong việc sử dụng sản phẩm này. Nhiệm vụ xác định xem tài liệu có hoặc không được bảo vệ bởi bản quyền, nhãn hiệu, quyền riêng tư, công khai hoặc bất kỳ quyền sở hữu nào khác thuộc về người tham gia. Người giam gia chịu mọi trách nhiệm đối với bất kỳ thiệt hại nào xảy ra do bất kỳ hành vi xâm phạm bản quyền hoặc quyền sở hữu.
Ngoài ra, những người tham gia cấp cho Vite Labs quyền sử dụng hình ảnh miễn phí, vĩnh viễn, không thể hủy ngang, không độc quyền và cho phép giấy phép cho hình ảnh được đăng tải.
Vite reserves the right of interpretation for the campaign.
RE: Merry Christmas, guys! Here is the details of Vite's Christmas campaign!
@sandunfernando some of the community are banned of Bitcointalk, I believe this forum is the right place for you all!
Vite Labs is holding a conversion campaign, and if you migrate VITE ERC20 tokens to Vite TestNet, Vite Labs will airdrop 1% of your total converted tokens to your address.
[One day more to go]
CoinNess has reported Vite Labs migration https://www.coinness.com/news/199914, which says:
"According to Vite Labs, over 80 million VITE ERC20 tokens have been migrated to Vite TestNet and vote for Snapshot Block Producer (SBP) until Jan. 8, 2018. Vite users can earn bonus by voting for official SBPs and the earning rate reaches over 20%. Presently Vite Labs is holding a conversion campaign, and if you migrate VITE ERC20 tokens to Vite TestNet, Vite Labs will airdrop 1% of your total converted tokens to your address. As the increase of converted tokens to Vite TestNet, VITE ERC20 tokens in the market is decreasing."
Remind: the campaign of airdrop 1% total converted tokens still open till 10 Jan - Airdrop will be sent to your wallet at the end of the campaign.
If you are interested in Crypto news please have a look over their telegram. https://t.me/CoinNessBot?start=5c34a0976e841
Thank you for reading