Amazing! Such a major milestone. Wishing you all the luck!

Awesome! Good luck!

@Skycrypto2020 Yes. You can store any ERC20 token in the updated Vite wallet.

Awesome job!

This is actually a good suggestion. Though for the initiation, you can check the request transaction to check when it was initiated (using the request transaction hash).

Another related thing that I saw was that if I am in the block explorer and looking at older transactions, it doesn't show the exact time stamp but its age (4 hours or 5 days etc). Maybe it will be useful to show the exact timestamps on when the request was initiated and when the response was initiated.

How Vite Mitigates Centralization over DPoS

The centralization debate on DPoS never stops. As an example, in EOS there are 21 block producers who are responsible for handling transactions or executing smart contracts, then pack results in blocks. In this process, which transactions will be handled and when to be handled relies on block producers completely. Corrupted block producers may collude by returning incorrect execution result on purpose, leading to possible corruption/centralization through a controlling group, cartel, or some whales.

Let’s take a look at the consensus algorithm in Vite first.

Vite’s consensus is HDPoS(Hierarchical Delegated Proof of Stake). In general, it is like a multi-group DPoS algorithm where each group represents an independent DPoS consensus implementation. In Vite system, there are multiple private consensus groups, multiple delegated consensus groups and a snapshot consensus group. Each private consensus group is responsible for the consensus on a specific account chain. Delegated consensus groups handle consensus on smart contracts and logical consortium chains. The consensus reached in private consensus groups and delegated consensus groups should yield to the consensus of snapshot consensus group, which is in charge of the consensus of the entire network. Compared with original DPoS, this algorithm has advantage of flexibility, adaptability and, in essence, better performance.

Now let us move back to the corruption/centralization topic.

In Vite, things are different. Firstly, Vite has 25 SBPs(Snapshot Block Producer) which are merely responsible for creating snapshots of Vite network state at the moment. They neither perform transactions nor execute smart contracts, but just simply snapshot the ledger and broadcast results as consensus. Transactions in Vite will only be processed and packed in blocks by account owners. Similarly, the code in smart contracts will only be executed by a group of elected nodes in delegated consensus group respectively.

Moreover, each smart contract can designate its own delegated consensus group, and each group can register its own delegated nodes. All delegated nodes will be elected in public according to the election rules defined in each group. The number of delegated nodes in each consensus group can be specifically defined by group owner when created. Also, the number of consensus groups in the network is unlimited. Therefore, in theory the more consensus groups are in the network, the more decentralized the entire network is.

The issue of corruption/centralization in DPoS may continue to exist. However, it could be mitigated in practice by advanced developed algorithms. HDPoS is one of the solution.

Written by : Allen Liu

EOS is a top 10 coin. NEO is top 20. Expecting those kinds of returns from these two is a little out there.

VITE and FANTOM are similar in the sense that they are going for the same thing but I believe VITE is doing it the right way. Focusing on the Product more than the hype. The upside to investing in VITE is huge while the risk is as minimal as it can be in crypto (at current prices).

But in the end, the decision is yours.

@felicity said in I want to invest between these public chains, so which one should I choose? I want to make profit like buying back BTC in 2014!!!:

@fonzie do yoi think focusing on Hype is also a way to make the retail holders of Vite increase? *open to discussion

That works in a Bull run whern almost every project gets hyped up endlessly. We're in a bear market and the only projects that will survive this are those that work on their product and deliver. Hype does not work in a bear.

Let the product speak for itself now, the hype will come later.

You can now trade Vite on Bittrex!

The Vite market is open, and trading will begin shortly on https://international.bittrex.com/

@CuBen08101005 The Vite you're getting are on the testnet. Once the mainnet launches, there will be a swap to mainnet tokens. After that you can withdraw to exchanges that support the swap. As per the roadmap, the Mainnet launch is in Q3 2019.

Due to additional security requirements added recently, some phones will get this error. Unfortunately, you cannot do anything for this issue right now. Please wait and we'll update if something changes.

This is a known bug. This is only happening when trying stake from the airdrop page.

You can stake normally through the 'Get Quota' button when you're inside your wallet's Vite asset page.

You don't need the address. Go to the Mining section on the exchange, then go to staking and add your stake there.

Check the FAQs under ViteX section of the forum:

https://forum.vite.net/topic/2332/how-do-i-transfer-assets-from-my-wallet-to-trade-on-vitex

https://forum.vite.net/topic/2333/how-do-i-move-assets-from-vitex-to-my-exchange-wallet

I believe your issue was solved by the operator. Please mark this as solved.

Maybe check the firewall settings? Connection might be blocked.

Also, it is not a great idea to run a full node using a personal PC/laptop. It requires uninterrupted reliable connection. Most who have tried to run using their personal machines have run into connectivity problems.

Can you please provide step-by-step what you did and what happened? Right now, it is not that clear.

Also, please provide the vite address using which you were placing the trades.

Awesome! Good luck!

Can you share a screenshot of the airdrop screen?

Go to the second tab on the app (tap on the middle bottom icon).

More airdrop details at:
https://forum.vite.net/topic/1972/vite-airdrop-rules-update