Overall Progress

In late September, as our firm gains more awareness in the tech community, we were lucky to have three more members join us! The team is now 35 members strong. In accordance with our product release plans, five products including Vite Store, Vite Pay, Vite iOS wallet, Vite Block Explorer, and Vite Web Wallet were launched on September 30th.

Recruiting

Three new employees joined as product operations in our Beijing office.

At present, the Vite team has a total of 35 people, including 23 in the engineering team. Of the 35, 31 are in the Beijing office and 4 in the Silicon Valley office.

System & Product Development

Five products were launched on September 30th, including Vite iOS Wallet, Vite Block Explorer, Vite Web Wallet, Vite Store and Vite Pay. The release of these products is an early step toward creating a closed-loop ecology in the areas of payment and e-commerce.

Go-vite

We implemented the built-in smart contract that allows staking of ViteTokens in exchange for TPS quota;

We implemented the built-in smart contract for super node registration and voting;

We implemented the built-in smart contract for token forging in support of staking or burning of ViteToken. Staked tokens can be redeemed once the staking period expires. The token forging process is depicted in the below chart:

Voting and Forging Process

We completed development of the logic for the order of super nodes’ block creation and the production process for the SNAPSHOT block;

We started to research on ewasm;

We began development of a command line tool based on the command line library urfave/cli. We already completed the node startup logic with command line input;

We completed the initial development process for the mid-October version of each module of go-vite, and entered the joint debugging and code review process.

Vite Block Explorer V0.1.0

The Vite block explorer 0.1.0 test is completed and officially launched. Visit address http://testnet.vite.net

Web Wallet V0.1.0

The web version wallet test was completed and went live on September 30th. Visit address https://wallet.vite.net/

Web Wallet V0.1.0

Vite iOS Wallet V1.0.0

(this version is the beta version, the official version will be online in mid-October)

Vite App is a light wallet with HD structure, compatible with BIP44 protocol, and supports Vite test network. The launch of the mobile app marks the completeness of the Vite product line and reflects our determination to promote applications in real-world scenarios.

Scan the QR code below and follow the instructions to install.

Scan to install iOS Wallet

Vite Store & Vite Pay

Vite Store comes online with Vite Pay (http://vite.store/).

Vite Store is an online store that sells Vite-based products based on the Vite test network. It connects Vite, Vite wallet, Vite Pay and fans. The Vite Store currently sells Vite swags such as t-shirts and hats as well as credit for paying mobile phone bills and virtual points cards (for in-game purchases). The store currently accepts VCP tokens (Vite Community Points, issued on Vite’s network), which fans can obtain through Vite Labs’ community rewards campaigns. Please note that due to logistical constraints, all merchandise is currently limited to shipping within China (But we are working to change that).

All products mentioned above are available on Vite portal: http://vite.net.

Operations and Community Building

September 20 — Vite’s official Sina Weibo account (ViteLabs) went online;

Sina Weibo Campaign

September 21 — Our Weibo account released a campaign in celebration of the Mid-Autumn Festival, where our Weibo posts had more than 15,000 views;

September 21 — Jinse Finance released the article “International tourism during upcoming two Chinese festivals — Vite has started the trend of digital asset payment.” As of September 24, the reading volume exceeded 45,000;

September 22 — Fengniao Finance released a bounty campaign where readers get Vite by forwarding the bounty announcement. As of September 30, nearly a thousand people have participated in the activity.

Activities

On September 19th, COO Richard participated in the blockchain technology exchange meeting of Silicon Valley Google to discuss the development of blockchain technology with everyone. After the meeting, China Venture Capital Network reported the conference: http://www.xunjk.com/xinwen/cy/2018/0926/cy091657073.html;

On September 26th, Vite fans participated in an in-store Vite payment test at a popular Tokyo retail chain. A video of the event will be released soon;

Vite Labs held an offline event in San Francisco in conjunction with companies in the US blockchain industry (including: Dispatch Labs, Coral Connect, and Truth Cartel). Our Marketing Lead, Luke, hosted the conference, shared our journey and helped other participating organizations promote the blockchain technology. The theme of the event was: Enter the world of the blockchain;

Event at San Francisco

On September 27th, Vite Labs met with the Business Development Manager at the Office of Economic and Workforce Development in San Francisco. We discussed how to help local governments solve practical problems with blockchain technology;

On September 27th, Business Development Manager Chris represented Vite Labs at the Blockchain Investment Summit organized by Angel Launch in Santa Clara, California;

On September 28th, Jinse Finance interviewed COO Richard regarding Vite Labs’ recent product releases and overseas operations: https://www.jinse.com/blockchain/249215.html;

In late September, our Vite Labs overseas fan club recruited new members through a fan-sponsored short story contest. A total of 26 short articles participated in the competition. The winners were from Romania, India and Germany. Read the short article here: https://tinyurl.com/yd2h22y6.

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Official: https://www.vite.org/

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Twitter：https://twitter.com/vitelabs

Discord：https://discordapp.com/invite/CsVY76q