Vite
VITE
Vite Feed: Events, News & Roadmap
Vite to Hold Airdrop
Vite will take a snapshot for the VDAO airdrop on May 10th.
Vite to Be Listed on MEXC
MEXC will list Vite (VITE) on February 1st at 14:00 UTC under the VITE/USDT trading pair.
Mainnet Upgrade v.2.13.0
Estimated upgrade time: Feb 28, 2023, at 10:00 AM (UTC+8)
AMA on Binance Telegram
Join to an AMA on Binance Telegram
Listing on BTSE
Listing on BitMart
Listing on Bitrue
Trading Competition on WaxirX
BSC Integration
Full Node Upgrade
Vite Token Update
AMA
AMA
AMA
Committee Meeting
AMA on Telegram
AMA on Telegram
Hard Fork
Continual Upgrades of DApp Dev Tools
Additional Order Types on ViteX
Vite Events on the Chart
What is Vite?
Vite is a smart contract platform based on Directed Acyclic Graph (DAG) technology, employing a Snapshot Chain structure to enable transactions without fees and enhance speed, reliability, and security. It adopts a Hierarchical Delegated Proof of Stake (HDPoS) for network consensus, and its virtual machine is compatible with EVM, featuring the asynchronous smart contract language Solidity++.
The mechanism of operation in Vite involves the use of Snapshot Chain and HDPoS for achieving consensus without compromising on transaction speed and security. Supernodes play a crucial role in this process, receiving staking rewards without transaction fees. Vite’s architecture allows for high-performance, scalable applications while maintaining compatibility with existing Ethereum tools and frameworks.
The VITE token serves as the primary currency within the Vite network, used for basic token transactions and executing smart contracts. Instead of gas, users stake VITE tokens to obtain transaction quotas, which can also be leased to dApps in exchange for their tokens. VITE is also used for voting for Snapshot Block Producers (supernodes) and can be staked in exchange for rewards, such as the ViteX exchange’s native token, VX.