Vite Labs has ambitious plans for the second half of 2024 and 2025, focusing on technological advancements, community participation, and ecosystem expansion.
Plan for the second half of 2024
Mainnet Upgrade - 'Neptune'
Planned important mainnet upgrade, codenamed 'Neptune', to improve network efficiency and performance. This upgrade will be synchronized with the updates of Vite applications and web wallets to ensure seamless integration.
DAO Treasury Establishment
Vite plans to establish a community-managed decentralized autonomous organization (DAO) treasury to facilitate decentralized governance and resource allocation.
Solidity++ VSCode Extension
Plan to release the Visual Studio Code extension for Solidity++, providing functions such as syntax highlighting and code completion to enhance developers' user experience.
ViteBridge DAO
A DAO is planned to be established to be responsible for community management of ViteBridge, in order to facilitate decentralized supervision of cross-chain operations.
Hackathon Season 2
Plan to hold the second season of hackathon to motivate community developers to develop on the Vite platform.
VITE Wallet Revision 5.0.0
An updated version of the VITE wallet is expected to be released, enhancing user experience and functionality.
Airdrop to VITE holders
We plan to hold an airdrop event to reward VITE holders and further incentivize community participation.
New partnership relationship
Vite actively seeks strategic partnerships to expand its ecosystem and drive adoption.
Vitasensus multi-chain management
Enhancements are planned for Vitasensus to support multi-chain management and improve interoperability within the Vite ecosystem.
By 2025-2026, Vite's roadmap presents its grand vision of consolidating itself as a high-performance, user-centric, and data-driven blockchain platform. With its zero fees and fast network, Vite is able to meet the evolving needs of the Web3 environment. Emphasis will be placed on sustainable growth, ecosystem expansion, enhanced community participation, and product innovation consistent with core principles.
Ecosystem expansion
Vite's main goal is to build a strong and scalable ecosystem, enabling developers and users to thrive in a high-performance blockchain environment. By integrating AI tools, Vite hopes to provide real-time insights for developers and community members, helping them make wise decisions and optimize applications.
Monthly DAO meetings, hackathons, and increased staking incentives will promote a vibrant, actively engaged community. These measures ensure that governance remains decentralized and inclusive. Introducing advanced VITE destruction mechanisms (such as Vurn) will help manage currency inflation, maintain token value, and promote long-term sustainability of the ecosystem.
Marketing and community growth
A user-centric approach will drive Vite's marketing and community engagement strategies, ensuring increased visibility and participation.
Introduce Vurn mechanism
To support sustainable development, Vite will launch the Vurn mechanism, incorporating token burning requirements into various ecological activities. Users will burn VITE tokens when participating in governance, node operations, and obtaining quotas, aligning their behavior with the platform's data-driven growth strategy. By combining burning requirements with governance, Vite ensures that active participants contribute to the sustainability of the ecosystem while also benefiting from it.
Product Innovation
Vite plans to launch multiple new products to enhance user experience and solidify its position as a leading Web3 platform:
Mainnet upgrade for sustainability and performance
Vite's roadmap includes two important mainnet upgrades:
Security is the foundation of the blockchain platform, and Vite protects users and maintains the integrity of the ecosystem through a variety of powerful mechanisms. In a decentralized system, security involves multiple aspects, including data protection, network resilience, transaction integrity, and prevention of malicious activities. Vite adopts advanced encryption technology, rigorous testing procedures, and community-driven initiatives to ensure a secure and reliable environment for developers and users.
Encryption Security
Vite uses advanced encryption algorithms to protect its DAG ledger and transactions, which can prevent unauthorized access, ensure data integrity, and protect user funds.
Snapshot chain ensures finality
The snapshot chain is the core of the Vite security framework, ensuring global consensus and tamper-proof transactions. By regularly recording the state of the DAG ledger, the snapshot chain can resolve conflicts and prevent data tampering.
Hierarchical Delegated Proof of Stake (HDPoS)
Vite's HDPoS consensus mechanism achieves network decentralization by distributing responsibility to Snapshot Block Producers (SBP). This structure reduces the risk of centralization attacks and enhances network resilience.
Asynchronous architecture
Vite's asynchronous design separates transaction confirmation from other network activities, reducing bottlenecks and lowering the risks caused by congestion and single point failures.
Smart Contract Security
Vite's smart contract is developed using Solidity++ language, which has the function of preventing vulnerabilities (such as reentry attacks). In addition, developers are encouraged to conduct comprehensive testing and auditing of their contracts to ensure security.
Multi-factor authentication
Vite's transaction chain operates independently, and its state is verified by the snapshot chain. This multi-level verification mechanism ensures the integrity and accuracy of the data in the network.
Vite Labs has ambitious plans for the second half of 2024 and 2025, focusing on technological advancements, community participation, and ecosystem expansion.
Plan for the second half of 2024
Mainnet Upgrade - 'Neptune'
Planned important mainnet upgrade, codenamed 'Neptune', to improve network efficiency and performance. This upgrade will be synchronized with the updates of Vite applications and web wallets to ensure seamless integration.
DAO Treasury Establishment
Vite plans to establish a community-managed decentralized autonomous organization (DAO) treasury to facilitate decentralized governance and resource allocation.
Solidity++ VSCode Extension
Plan to release the Visual Studio Code extension for Solidity++, providing functions such as syntax highlighting and code completion to enhance developers' user experience.
ViteBridge DAO
A DAO is planned to be established to be responsible for community management of ViteBridge, in order to facilitate decentralized supervision of cross-chain operations.
Hackathon Season 2
Plan to hold the second season of hackathon to motivate community developers to develop on the Vite platform.
VITE Wallet Revision 5.0.0
An updated version of the VITE wallet is expected to be released, enhancing user experience and functionality.
Airdrop to VITE holders
We plan to hold an airdrop event to reward VITE holders and further incentivize community participation.
New partnership relationship
Vite actively seeks strategic partnerships to expand its ecosystem and drive adoption.
Vitasensus multi-chain management
Enhancements are planned for Vitasensus to support multi-chain management and improve interoperability within the Vite ecosystem.
By 2025-2026, Vite's roadmap presents its grand vision of consolidating itself as a high-performance, user-centric, and data-driven blockchain platform. With its zero fees and fast network, Vite is able to meet the evolving needs of the Web3 environment. Emphasis will be placed on sustainable growth, ecosystem expansion, enhanced community participation, and product innovation consistent with core principles.
Ecosystem expansion
Vite's main goal is to build a strong and scalable ecosystem, enabling developers and users to thrive in a high-performance blockchain environment. By integrating AI tools, Vite hopes to provide real-time insights for developers and community members, helping them make wise decisions and optimize applications.
Monthly DAO meetings, hackathons, and increased staking incentives will promote a vibrant, actively engaged community. These measures ensure that governance remains decentralized and inclusive. Introducing advanced VITE destruction mechanisms (such as Vurn) will help manage currency inflation, maintain token value, and promote long-term sustainability of the ecosystem.
Marketing and community growth
A user-centric approach will drive Vite's marketing and community engagement strategies, ensuring increased visibility and participation.
Introduce Vurn mechanism
To support sustainable development, Vite will launch the Vurn mechanism, incorporating token burning requirements into various ecological activities. Users will burn VITE tokens when participating in governance, node operations, and obtaining quotas, aligning their behavior with the platform's data-driven growth strategy. By combining burning requirements with governance, Vite ensures that active participants contribute to the sustainability of the ecosystem while also benefiting from it.
Product Innovation
Vite plans to launch multiple new products to enhance user experience and solidify its position as a leading Web3 platform:
Mainnet upgrade for sustainability and performance
Vite's roadmap includes two important mainnet upgrades:
Security is the foundation of the blockchain platform, and Vite protects users and maintains the integrity of the ecosystem through a variety of powerful mechanisms. In a decentralized system, security involves multiple aspects, including data protection, network resilience, transaction integrity, and prevention of malicious activities. Vite adopts advanced encryption technology, rigorous testing procedures, and community-driven initiatives to ensure a secure and reliable environment for developers and users.
Encryption Security
Vite uses advanced encryption algorithms to protect its DAG ledger and transactions, which can prevent unauthorized access, ensure data integrity, and protect user funds.
Snapshot chain ensures finality
The snapshot chain is the core of the Vite security framework, ensuring global consensus and tamper-proof transactions. By regularly recording the state of the DAG ledger, the snapshot chain can resolve conflicts and prevent data tampering.
Hierarchical Delegated Proof of Stake (HDPoS)
Vite's HDPoS consensus mechanism achieves network decentralization by distributing responsibility to Snapshot Block Producers (SBP). This structure reduces the risk of centralization attacks and enhances network resilience.
Asynchronous architecture
Vite's asynchronous design separates transaction confirmation from other network activities, reducing bottlenecks and lowering the risks caused by congestion and single point failures.
Smart Contract Security
Vite's smart contract is developed using Solidity++ language, which has the function of preventing vulnerabilities (such as reentry attacks). In addition, developers are encouraged to conduct comprehensive testing and auditing of their contracts to ensure security.
Multi-factor authentication
Vite's transaction chain operates independently, and its state is verified by the snapshot chain. This multi-level verification mechanism ensures the integrity and accuracy of the data in the network.