What is VITE?

Answer: Vite is a Directed Acyclic Graph (DAG) based smart-contract platform. It has Snapshot Chain structure to facilitate zero-fee transactions and optimize transaction speed, reliability, and security. The Snapshot Chain of Vite uses Hierarchical Delegated Proof of Stake (“HDPoS”) to achieve network consensus, while supernodes take only staking rewards and no transaction fees. 

About VITE Token

The VITE token is currency for simple token transactions and smart-contract executions on the Vite network, with users staking VITE for transaction quota instead of consuming gas. VITE also used to vote for Snapshot Block Producers (aka supernodes). In addition, a VITE staker with unused transaction quota can lease such quota to dApps in exchange of tokens. For instance, users can stake VITE in exchange of ViteX’s native decentralized exchange token, VX.

Latest News: We will give alerts on VITE Token from 1-31 May 2023.................  

How to Buy Vite Token?

Guys its very easily, please follow given steps: -

Open a Wallet or Open your Account With any of Crypto Exchanges

Buy Directly with your money or you can swap also

Vite Coin in Circulation

The total supply of the VITE token is 944,307,178.19.

Main Features of VITE

  1. It is decentralized exchange with on-chain orderbook and matching engine, and supports currently 20+ digital assets.
  2. Vite App is a mobile application that allows trading (ViteX), asset management (wallet), dapps (e.g Vite-based games) at one place.
  3. VitePay is very fast and feeless payment solution, currently available to use in Singapore’s Ce La Vi Sky Bar and taxi services under the Midwest Global network - Users, who can pay for merchants with Vite wallet, who in turn receive payment with zero fees and instant settlement. 
  4. VitePay integrated with the e-commerce platform OpenCart, and one can utilize VitePay at the official Vite store.
  5. VitePlus is Vite-based enterprise blockchain solution for governments and enterprises. 
  6. Vite also developed a pilot app, SyraCoin, for the Syracuse government, allowing city housing fund donors to receive blockchain-based coupons that are redeemable for goods and services within city bounds.

Conclusion

We try to cover more information on vite coin in near future. But we hope you can understand about VITE. One more thing we have to say, we make this article only for knowledge purpose only.

 

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