VITE Price Chart Update [VITE]

Vite's Definition

VITE is a smart-contract platform that utilizes a unique structure called Snapshot Chain, which is based on Directed Acyclic Graph (DAG). By implementing this structure, Vite is able to facilitate zero-fee transactions and optimize transaction speed, reliability, and security. Vite achieves network consensus through Hierarchical Delegated Proof of Stake (HDPoS), with supernodes receiving staking rewards instead of transaction fees. Furthermore, Vite's virtual machine is compatible with the Ethereum Virtual Machine (EVM) and uses the Solidity++ asynchronous smart contract language.

Key Features of VITE

The Project's Objective

The main objective of the VITE project is to enable zero-fee transactions and improve transaction speed through the innovative Snapshot Chain structure. Additionally, Vite is known for being a platform based on Directed Acyclic Graph (DAG).

Moreover, Vite is compatible with the Ethereum Virtual Machine (EVM) and supports the use of the Solidity++ asynchronous smart contract language. Vite also offers various products such as its own mobile application, ViteX (decentralized exchange), Vite App (wallet), and VitePay (payment solution).

Unique Aspects of VITE

• ViteX is a decentralized exchange that features an on-chain orderbook and matching engine. Currently, it supports over 20 digital assets.
• VitePay is a fast and feeless payment solution. It is currently available for use in Singapore's Ce La Vi Sky Bar and taxi services under the Midwest Global network. Users can make payments to merchants using the Vite wallet, and merchants receive payment with zero fees and near instant settlement. VitePay is also integrated with the e-commerce platform OpenCart, and it can be utilized at the official Vite store.
• VitePlus is an enterprise blockchain solution based on Vite. It is specifically designed for governments and enterprises. Vite has developed a pilot app called SyraCoin for the Syracuse government, allowing city housing fund donors to receive blockchain-based coupons that can be redeemed for goods and services within the city.

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