Vite Bi-Weekly Report

Jan 1–15, 2021

Blackey Hou

Published in

Vite Labs

3 min readJan 19, 2021

Project Updates

ViteBridge

ViteBridge, as the keystone in the Vite 2.0 framework, will be our next focus in the 2021 roadmap. ViteBridge is a universal decentralized cross-chain transfer protocol that builds bridges between different blockchains and allows the free flow of value across boundaries, thereby breaking the barriers between various closed ecosystems and in order to build a more open system.

ViteBridge makes Vite “Not just yet another blockchain”, but a freeport providing decentralized cross-chain services for all existing blockchains.

At present, the high-level technical plan of ViteBridge has been completed, and some details are still being confirmed.

Activities

The ViteX New Year Campaign

As of 12:00 on January 10 (UTC+8), the 2-week ViteX New Year campaign is closed. Users who have traded, placed orders, invited new people, or staked on the ViteX exchange during the time will receive New Year gifts from ViteX. All rewards have been distributed on January 11th.

Link to the campaign: https://medium.com/vitelabs/vitex-campaign-for-ringing-in-2021-be0b048fcdbf

ViteX opened XRP/BTC trading pair 5 times pending order mining

From January 6 at 3:00 pm to January 13 at 3:00 pm (UTC+8), market-mining for XRP/BTC will see a 5x boost in mining rewards

The Blockchain Debate Podcast

Vite Labs COO Richard Yan is planning a new episode of “The Blockchain Debate Podcast.” This episode is about whether Ethereum is a sound investment or speculative instrument. This is particularly relevant as Ethereum’s price is now near an all time high. And this debate will be relevant for evaluating smart contract platforms in general.

The guests of the debate will be Qiao Wang and Lyn Alden. Qiao is a crypto entrepreneur, trader and angel investor; and Lyn is an asset management professional, macroeconomic researcher, and Bitcoin supporter.

This podcast also serves as a channel for Vite Labs to connect and brainstorm with thought leaders in the industry. Listen here: https://blockdebate.buzzsprout.com and follow the show on Twitter: https://www.twitter.com/blockdebate

Also, follow Richard on Twitter: https://www.twitter.com/gentso09