VITE (VITE)

Vite is a generalised decentralized application platform that meets the requirements of industrial applications for high throughput, low latency and scalability while taking into account security. Vite uses DAG ledger structure, and transactions in ledgers are grouped by accounts. The Snapshot Chain structure in Vite can make up for the lack of security of the DAG ledger. The HDPoS consensus algorithm, through which writing and confirming of transactions are asynchronous, provides high performance and scalability. The Vite VM is compatible with EVM, and the smart contract language extended from Solidity, providing more powerful ability of description. In addition, an important improvement in Vite design is the adoption of a asynchronous Event Driven Architecture, which transmits information through messages between smart contracts, which greatly improves system throughput and scalability. In addition to built-in native tokens, Vite also supports users to issue their own digital assets, and also provides cross chain value transfer and exchange based on Loopring Protocol. Vite realizes resource allocation by quotas, and light users do not have to pay transaction fees. Vite also supports contract scheduling, name service, contract update, block pruning and other features.
Rank 326
Price $0.0164
Market Capitalization $6 788 845
24 Hours Volume $262 641
Available Supply 415 162 655 VITE
Total Supply 1 000 000 000 VITE
Change (1 Hour) -1.14%
Change (24 Hours) 12.34%
Change (7 Days) 12.78%
Cryptocurrency News
February 18th, 2019

Moyee Coffee is going to make all procedures of in the coffee production industry more transparent using blockchain.

February 18th, 2019

The overall cryptocurrency market posts steady recover on Monday with Ethereum taking the lead by surging over 10%. Take a look if today’s surge sets up the base for the long term recovery.

February 18th, 2019

XRP enthusiasts can now store the digital asset as well as spend it using Spend Visa Debit Card in 180 countries.

February 18th, 2019

Brock Pierce wants Mt. Gox creditors to receive 100 percent of whatever they’re owed. He’s also fought with former Mt Gox CEO and majority shareholder Mark Karpelès on Twitter about the feasibility of his plan and whether it’s even legal.

February 18th, 2019

Bitcoin price may have its high at $4,237 in case the demand level of $3,679 holds and the Bulls gained enough momentum. Also, the BTC price will find its low at $3,247 if there is a breakdown of the $3,679 price level.

February 16th, 2019

The new legal framework mandates companies to register their securities offerings over the blockchain before distribution to investors.

February 16th, 2019

The world gets excited when the enormous Rio Carnival seems near. Now, when less then a month is remaining to welcome worlds biggest carnival and festival, let us see what cryptocurrencies, and especially Bitcoin, have to do with it.

February 15th, 2019

Here’s a look into the growing popularity of Security Tokens and the regulatory path for the token issuers lying ahead.

February 15th, 2019

While crypto community expresses kind of ambivalent feelings about newly-created JP Morgan’s JPM Coin, a smaller NY bank – Signature Bank – claims it has actually been doing something like for nearly two months.

February 15th, 2019

As the payment flow of JPM Coin demonstrates several of Ethereum’s core benefits for the finance and banking industry, some are afraid of the impact JPM Coin may have on other coins, including Bitcoin, XRP, and the crypto market in general.