This week on The Encrypted Economy, my guest is Richard Yan, COO of Vite Labs. Vite Labs is a technology company that seeks to innovate decentralized systems and create solutions for developers. Designed to bridge the gap between blockchains while remaining decentralized, Vite Labs utilizes a toolkit that emphasizes the roles of universality and trustlessness in data transfers.
Topics Covered:
· Richard Yan Background
· Vite Lab’s Mission
· Vite Lab’s Consensus Algorithm
· Decentralization Tradeoff
· Flavors of Nodes
· Incentives for Full Node Operators
· Smart Contracts and Contract Law
· Concerns Regarding Network Nodes
Resource List:
· Richard Yan’s LinkedIn
· Richard Yan’s Twitter
· ViteLabs Website
· Vitebridge
· Asynchronous Smart Contracts
· Public Blockchain
· Trustless Transfers
· Usage Mining
· Proof of Stake
· Light Nodes vs Full Nodes
· Super Nodes
· Quadratic Funding
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