Review on Vitae by Sheila Cova
Vitae
Vitae is founded and directed by many enterprising people who work in their respective departments, in order to build a new generation of cryptocurrencies capable of advancing technology.
Launched in 2018 by a Switzerland-based team, Vitae Token is a PivX fork. Use a network of Masternodes / Supernodes for decentralized governance and increased transaction privacy.
Vitae continually monitors trends in the social media industry while building its own state-of-the-art social media platform.
Project Vitae is created in a legal and regulated environment. Vitae AG is an established company based in Switzerland under Swiss law. Registered under the name of Vitae AG Bahnhofstrasse 16 6300 Zug Switzerland CHE190216158.
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Pros
- Content quality: Vitae actively filters content. The most popular topics (lifestyle, health, sports, ...) are encouraged.
- Becoming a Vitae user is by invitation only, hindering the wild growth of users and contacts.
- First coin with BIP38 encryption and decryption of private keys that does not require a dedicated centralized server to work.
Cons
- Users must pay a small amount of money to share content.
- Currently it is not possible to exchange Vitae to other currencies directly in the wallet.
- Currently not available for Android
