Dear ViteX Users:

To support the Ethereum Istanbul Hard Fork, all ETH and ERC-20 token related services were temporarily disabled on Dec 7.

All functions, including cross-chain deposit/withdrawal of ETH and ERC-20 tokens and ETH to VITE instant purchase, are now restored.

We apologize for any inconvenience this may have caused you.

Regards,
ViteX Teams

Dec 8 ,2019

Official: https://www.vite.org/
ViteX Official: https://vitex.net/
Instagram: https://www.instagram.com/vite.labs/?hl=en
Twitter: https://twitter.com/vitelabs
Vite Forum: https://forum.vite.net
Telegram: https://t.me/vite_en

As more than 70% of community members voted for burning of VITE accumulated in the dividend pool in a poll which ViteX initiated on Oct 12, we have completed the VITE burn today, totaling 3,906,447.748393356967799136 VITE, that is currently worth 78k US Dollars.

VITE Burn Hash:
07b323eeb1a5baf41e4b47634b0557104aab17449bb8f27efe07d30712ab874b

Transaction Details:
https://explorer.vite.net/transaction/07b323eeb1a5baf41e4b47634b0557104aab17449bb8f27efe07d30712ab874b

In the future, VITE accumulated in the dividend pool each day will be burned on the second day. Since 3.9 million VITE were accumulated in the past 89 days, it is estimated that about 40-50k VITE will be burned daily in the following days. Details on daily VITE burn will be displayed on ViteX official website. There will only be dividends in BTC, ETH, and USDT from now on.

Team ViteX
Dec 8, 2019

Official: https://www.vite.org/
ViteX Official: https://vitex.net/
Instagram: https://www.instagram.com/vite.labs/?hl=en
Twitter: https://twitter.com/vitelabs
Vite Forum: https://forum.vite.net
Telegram: https://t.me/vite_en

To comply with the community-determined VX release schedule, 70,671,192.1 VX were burned on Dec 7. The new total supply of VX is 29,328,807.8, which will be distributed over the course of 8 years.

Starting from Dec 7, daily distribution of VX will increase continuously for 90 consecutive days, as it rises from 10,000 VX per day on Dec 7 to 50,000 VX per day on Mar 6, 2020. Then Starting March 6, 2020, annual VX distribution will decrease by half each year until the end of the 8th year. Details are shown in the graph below:

You can access information on total VX supply after the token burn here:
https://explorer.vite.net/token/tti_564954455820434f494e69b5

Team ViteX
Dec 7, 2019

Official: https://www.vite.org/
ViteX Official: https://vitex.net/
Instagram: https://www.instagram.com/vite.labs/?hl=en
Twitter: https://twitter.com/vitelabs
Vite Forum: https://forum.vite.net
Telegram: https://t.me/vite_en

As we have announced previously, VX holders now receive dividends only on staked VX. Starting 12:00 pm December 6 HKT, users are able to stake VX through both App and web version ViteX. Staking guidelines and modified reward rules are as follows:

• A minimum of 10 VX must be staked to receive dividends;
• Participant is entitled to receive dividends starting with the next distribution, after submission of staking request;
• If a user revokes the staked VX, those staked amount will be released after a 7-day waiting period. 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.

Staking Guide:

Modified reward rules started 12:00 pm Dec 6

All users that were participating in staking as mining before the upgrade can maintain their stakes. Staking can be retrieved at any time, buy will be refunded after the 7-day waiting period. These 7 days won’t count as participation in staking, and therefore won’t earn dividends.

ViteX Teams
December 6 2019

Official: https://www.vite.org/
ViteX Official: https://vitex.net/
Instagram: https://www.instagram.com/vite.labs/?hl=en
Twitter: https://twitter.com/vitelabs
Vite Forum: https://forum.vite.net
Telegram: https://t.me/vite_en

Dear ViteX Users:

In order to keep up with the upcoming Ethereum Istanbul Hard Fork, cross-chain deposit and withdrawal of ETH and all ERC-20 tokens, also ETH to VITE instant purchase function will be temporarily disabled on December 7 before the block height reaches 9,069,000.

To secure your assets, please make sure all cross-chain transactions are completed ahead of the upgrade. All functions will be restored as soon as the upgrade is completed.

We apologize for any inconvenience this may cause you.

Best Regards,
ViteLabs
December 6, 2019

Official: https://www.vite.org/
ViteX Official: https://vitex.net/
Instagram: https://www.instagram.com/vite.labs/?hl=en
Twitter: https://twitter.com/vitelabs
Vite Forum: https://forum.vite.net
Telegram:
• English: https://t.me/vite_en
• Chinese: https://t.me/vite_zh
• Russian: https://t.me/vite_russian
• Korean: https://t.me/vite_korean
• Japanese: https://t.me/vite_japanese
• Vietnamese: https://t.me/vite_vietnamese
• Thai: https://t.me/vite_thai
• Arabic: https://t.me/vite_arabic
• German: https://t.me/vite_german
• French: https://t.me/vite_french
• Turkish: https://t.me/vite_turkish
• Indonesian: https://t.me/vite_indonesian
• Spanish: https://t.me/vite_spanish
• Portuguese: https://t.me/vite_portuguese
• Malaysian: https://t.me/vite_malaysian
• Filipino: https://t.me/vite_filipino
• Bengali: https://t.me/vite_bengali
• African: https://t.me/vite_africa

Dear ViteX Users,

We have added the referring as mining function in Vite wallet iOS version 3.2.0 that was updated on Nov, 28th. This function is currently available only on iOS devices.

With the latest updated iOS wallet, there are now options to become Mine Owners and Miners.

• Mine Owners build mining teams by inviting friends to become Miners and receive 5% of all mining rewards acquire by team members through trading.

• Miners enjoy 10% off trading fees.

The updated Android wallet will be released recently as well, stay tuned for announcements and future updates.

Download the latest App here: https://app.vite.net

@jdcandio
Twitter: https://twitter.com/vitelabs
here you go.

Hi there,
Thanks for reaching out to us, we will take a look at it.
However, if you were using our wallet App, do check if you made the deposit from Vite wallet to exchange wallet.
Here are some tips on how to make that deposit:
https://forum.vite.net/topic/2332/how-do-i-transfer-assets-from-my-wallet-to-trade-on-vitex
Let us know if the problem persists!
Best Regards

Since the Vite project was established in June 2018, we have received a ton of support from our community. We are excited to announce that, after going through more than a year of development and testing, Vite Mainnet will launch officially on September 25!

In the past year, Vite teams worked long and hard to build the world’s first public chain that implements smart contracts on DAG (Directed Acyclic Graph) architecture. We were finally able to deliver a completely decentralized high performance application platform, featuring our innovative asynchronous architecture, HDPoS (Hierarchical Delegated Proof of Stake) consensus mechanism, and Snapshot Chain. With these features, we were able to build a platform meets the requirements of industrial applications for high throughput, low latency, high scalability and security.

The launching of Mainnet marks a significant milestone in Vite’s development as it signifies that the Vite public chain will now formally support the functions and expansions of the ecosystem built upon it. We have so far deployed several use cases, such as our Syracuse GovCoin pilot project, a Decentralized Exchange (ViteX), and many DApp games. However, with the launch of our Mainnet, we will be actively engaging and involving more users to help us grow our community-driven decentralized ecosystem.

Global First DAG+DPOS Blockchain with Smart Contract Capability

Vite blockchain utilizes a DAG ledger. This architecture solves for speed and scalability, bringing an effective solution for feeless transactions as each account has its own blockchain and payments are separated into two transactions: sending and receiving. On January 18, 2019, Vite public chain completed hard fork “Smart”, featuring support for the creation and calling of smart contracts. We then became the first DAG+DPOS blockchain in the world that offers smart contracts, making it ever easier for developers to develop DApps on such a platform. The introduction of Snapshot Chain brings additional security for our distributed ledger.

Products and Use Cases

Vite is dedicated to developing the full stack of possible technologies on our pubic-chain. From international payments to decentralized exchange platform to public finance, we have built an ecosystem of products that is not only capable of driving a circulating payment system, but also proven to be practical for real world uses.

Vite Wallet
Multi-chain mobile wallet

• One wallet to manage multiple assets
• Secure, stable & open-source
• Endorsed by BTC.com, Luxor, F2Pool & more
• Link to Wallet https://app.vite.net/

ViteX
Decentralized exchange

• Secure asset management and identity protection, KYC resistant
• Transaction processing and on-chain order-book matching in seconds
• Cross-chain support for any coins
• Community-driven coin listing
• Decentralized governance model
• Mining of native coin VX available in 5 methods
• Link to Exchange https://vitex.net

VitePay & ViteStore
Payment platform and storefront

• Confirmations within seconds
• Zero transaction fees
• Support for stablecoin and Vite community points VCP payments
• Ensure user privacy

SyraCoin
DApp for cities

• Contracted by the city of Syracuse
• Public-sector application powered by Vite
• City token to encourage peer- to-peer donation
• Blockchain-enforced transparency of donation pool

Milestones for Mainnet Launch

— May 21, 2019 Pre-Mainnet was launched
The Pre-Mainnet is an important milestone that accomplishes functions consistent with both the upcoming Mainnet and objectives outlined in the white paper.
Vite Mainnet is optimized based on this version.

— Sep 11, 2019 Go-vite v2.6.0 was released
Optimized system performance and synchronizing speed, adjusted SBP staking threshold. Staking amount was increased from 500K to 1M VITE for SBPs registered after Sep 11.

Events and Activities

After Mainnet goes live, we will launch a Vite Public Chain Bug Bounty campaign to verify and ensure the safeness and stability of our technologies. Developers from all around the world will be invited to evaluate the security performance of Vite Public Chain, and whoever discovers a bug will be rewarded.

Here at Vite, we strive to continue making breakthroughs and bringing innovations in blockchain technology. In the future, we will form a tech community that regularly holds technology sharing events such as Hackathons, and invite global blockchain developers to witness the development of the blockchain industry.

Token Swap

Immediately following the launch of Vite Mainnet, we will start a token swap. Currently existing VITE ERC 20 tokens can be converted into Vite native coins at the rate of 1:1 upon completing a token swap.

Deposit ERC 20 tokens to Vite wallet and click “convert” to complete the process. Since the Ethereum public chain charges for withdrawals, a small amount of ETH needs to be transferred to Vite wallet to initiate the deposit.

Vite native coins can be staked to mine VX on ViteX, or receive rewards by voting for super nodes in Vite wallet.

Note:

All VITE ERC20 tokens listed on OKex will be automatically converted to VITE native coins once the Mainnet launches.

Time frame for the token swap is Sept 25, 2019 — Sept 25, 2020

Stay tuned for more updates on Vite Mainnet Launch!

— — — — — — — — — — — — — — — — — — — — — — — —
Official: https://www.vite.org/
Twitter: https://twitter.com/vitelabs
Vite Forum: https://forum.vite.net

Huobi Global App now supports Fast Purchase.
Tutorials (iOS) are as follows:

1. On home page click on Fiat Trading
   

2. Switch to USDT, click “Buy”, enter the total amount of fiat money you wish to buy, then place the order. (First timers need to complete Fiat settings and ID Verification)
   *example is showing BTC, please be aware and switch to USDT
   
   
   

3. Insert payment information, and confirm the payment. (Copy the bank card number and contact the merchant by clicking on “contact”).
   

4. After successful payment, click on “I have paid” and wait for the merchant to release.
   

5. Once the asset is released, you may now transfer the assets to Exchange account to start crypto-crypto trading.

6.1 To transfer your assets, click on “transfer now” on the confirmation page.

6.2 Or go to Balances and click USDT

Click on Transfer at the bottom left

Make sure it is transferred to Exchange account and enter the desired amount to be traded, then click on transfer and wait for the transaction to be completed.