Congrats to our winner and thank you all for your participation, our Twitter account has now +100 followers!

https://testnet.vite.net/transaction/bb79dc033cbb3246e5beebe41dc87f8fc124abf2f3bf98cb04bd7dec0a0d06a4

@GrowJet22 Do I have to alert the cops?

Wouhou, @SwissVite hits the third place! Thank you vitelabs, the coins will be used for our periodical bounties and giveaways all around the year!

To advertise our Twitter Channel and to get more followers, we offer 500 Vite coins to a random follower.
More info on our Twitter Channel: https://twitter.com/SwissVite/status/1096078288202670080
Do not forget to vote for @SwissVite SBP!
See you on Sunday!
Love & Share

@Leon-Ivan That new generation, 6 yo and still interested in cryptos!
Thank you Sophia!!!!

Community projects and community SBPs will follow VITE marketing and adoption. It is quite normal that for now, at this early stage, SBPs are ran by VCs that hold the supply. There is more than 347m VITE to swap... and the cost to run a SBP is 1m (for the mainnet). To create a SBP, there is no barrier. Imo, no need to reduce the barrier. Big holders still have largest part of their VITE in erc20, because it is the only way to trade it.
We have to wait for the mainnet, when the supply will be more exploded, and when vite products will be live. Community projects will come when project will be more mature.

Until that time, you can vote for SwissVite

Congrats VITE labs!!!

Dear Vite community,

SwissVite has lots of plans and ideas to help Vite grow, but for now, we would like to share our efforts thus far.

• Community building:

To celebrate our two months of activity, we tipped our top 10 voters 10 VITES. Thank you all for your confidence, SwissVite is here to stay!

• Social media channels:

Discord: https://discord.gg/EKYYJv
Twitter: https://twitter.com/SwissVite
Blog: https://swissvite.org/blog/
Telegram: https://t.me/joinchat/IA-JtFOmOPRiPcBgAm_mSQ
Youtube: https://www.youtube.com/channel/UCM_1z4FVCE4yPDqBXo_18Bg/

These channels are used to promote our SwissVite SBP (share our articles, our rewards distribution, answer questions, etc.) and Vite network. We hope that in a near future they will become the main hub for the European Vite community and events.

• Marketing activities:

We extended our convertbot to our Twitter account!!! (https://twitter.com/SwissVite) You can now track VITE erc20 conversion from the cashtag $VITE. Our goal is to promote VITE on twitter, and to propose content linked with VITE keywords.

• Offline activities:

We are spreading the word to educate our crypto communities about vite and tech using our articles, contents and knowledges. We are proud to gather each day new members to VITE and to our community.

We are close to a deal with an upcoming staking platform for a collaboration trough our SwissVite SBP. We are actively looking for partnerships with staking platforms to insure our voters a safe position in the SBP list with a large vote number. Do not hesitate to enter in contact with us if you are interested in a collaboration.

• Reward distribution:

Today for the first time, we operated payouts trough a new and FULLY automatized distribution tool. A safe and convenient tool build by our staff member Pitozzi.

Since November the 28th (2018) SwissVite SBP distributed more than 80k Vite to our voters.
Everyday, we publish on Twitter a spreadsheet showing rewards earned by each backer, and rewards are paid daily.

• Ecosystem building:

SwissVite is the first community SBP to distribute rewards to the Vite users. We are actually the best alternative with the official SBPs, with a daily ROI around 0.045%! We believe this is the least we can do for the community members trusting us with their votes! #ViteCommunity

In the part about compressed storage in the whitepaper, my undestanding is that the only data that is stored in a block is the updated balance of accounts that have transacted since the last block. You explain that the scalability issue is addressed here by the fact that each block does not store the state of the whole snapshot. However, if at each second, all the updated balances are stored in the snapshot blockchain, how different is it than storing transactions data in a blockchain such as bitcoin? If alice sends bob 1 coin, bitcoin would store [tx: alice sent bob 1 coin] in a block ; vite would store [alice: 0, Bob: 1] in a block (supposing the previous balances were alice:1 , bob 0.) On top of that, at each second when there is no transaction in the network, a header of an empty block has to be stored in the chain.
Can you please explain how the snapshot blockchain can be much more lightweight than Bitcoin?

Hard, it was a hack, not an exit scam. I remember this episode.
Bitgrail is based in Italia, so it makes a precedent only in Italia.
It's like 150m xrb stollen, it will be impossible for bitgrail to return...