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VITE Review

15

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Followers 1

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Average

Revainrating 3.5 out of 5  
Rating 
3.7
Crypto Projects, ERC20

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Description of VITE

VITE (VITE) is a cryptocurrency launched in 2018. VITE has a current supply of 1,063,291,803.2371864 with 967,314,814.6671865 in circulation. The last known price of VITE is 0.02254748 USD and is down -2.03 over the last 24 hours. It is currently trading on 54 active market(s) with $1,078,494.61 traded over the last 24 hours. More information can be found at https://www.vite.org/.

Reviews

Global ratings 15
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Type of review

Revainrating 4 out of 5

Very successful project but insufficient advertising work

Vite is a project that promises high efficiency and speed for applications running on blockchain technology. This project, which has been in service for 3 years, has attracted the attention of users. In Vite, transactions are developed by smart contracts. However, these smart contracts are different from the usual. They are advanced smart contracts. With the "dag" algorithm, the efficiency of the contracts is increased. Very low cost transactions, high processing speeds and high productivity…

Pros
  • It is open source and open to continuous improvement
  • Instantly cross chains are established, contracts are created and transactions are executed
  • Minimizes transaction restrictions of different blockchains
  • There is no request for any credentials. Can be processed without being a member
Cons
  • Not popular enough

Revainrating 4 out of 5

About VITE

VITE (VITE) is a cryptocurrency that can be mined and has been introduced as the native token of the Vite platform. VITE Coin is a crypto currency used for simple token transactions and smart contract applications. Vite users can also perform staking with tokens. VITE can also be used to vote for Snapshot Block Producers. In addition, a VITE staker with unused transaction quota can lease such quota to dApps in exchange for their tokens. Especially, we see that the team working behind it works…

Pros
  • Vite serves as the first public chain to implement smart contracts within a DAG structure.
  • Vite enables transactions to be sent / received asynchronously, providing high transaction speeds with transaction confirmation in seconds and low-cost smart contract creation.
Cons
  • not listed in most exchanges
  • the project must be developed and supported

Vite is one of the most influential blockchain-based newsletters, including excellent engineering and DAG-based writing.  The exchanges I made on Vite were too quick to finish late in the execution. V  You can use the open source multi-chain progressive wallet app, which supports ERC20 numbers, BNB, and there is a sky limit, the app has decentralized money trading for additional exchange and mining. To win VITE, you can run Snapshot Block Manufacturer at Vite, and you can get block…

Pros
  • Utilizing enterprise innovation
Cons
  • No flaws

Vite is a task that provides high efficiency and speed for applications running in blockchain development. This assignment, which seems to be a permanent help, caught the attention of customers. Vite is traded through meaningful contracts. After all, these wonderful behaviors are not the same as normal. Leading smart contracts. With the “mountain” calculation, the usefulness of the measures expands. Excellent cost savings, high planning speed and high convenience are all around. There are…

Pros
  • Quick chains are being built, contracts are being made and trades are being made
Cons
  • Not enougheterlik

Revainrating 3 out of 5

Fruitful task however lacking promoting work

Vite is a task that guarantees high proficiency and speed for applications running on blockchain innovation. This task, which has been in help for a very long time, has drawn in the consideration of clients. In Vite, exchanges are created by savvy contracts. Nonetheless, these brilliant agreements are not the same as the standard thing. They are progressed savvy contracts. With the "dag" calculation, the productivity of the agreements is expanded. Extremely minimal expense exchanges, high…

Pros
  • It is open source and open to constant improvement
  • Quickly cross chains are set up, contracts are made and exchanges are executed
Cons
  • Not well known enough

Revainrating 2 out of 5

Everyone liked the VITE tag.

Vite is a program that promises the highest efficiency and speed for blockchain applications. The 3-year-old plan was of concern to users. Vite is developing operations with smart contract support. However, these smart contracts are different from conventional ones. Smart contracts have been developed. The effectiveness of contracts increases with the "mining" method. Very cheap operations, highest processing speed and highest performance. My operations at Vite ended very soon. Vite has 3…

Pros
  • Heartfelt source code and not closed for continuous improvement.
  • Cutting chains are formed immediately, contracts are concluded and transactions are made.
  • The VITE platform can still be used for online voting.
  • The locking app is available online, on iOS and Android devices.
Cons
  • Popularity is weak.

Vite is a decentralized digital currency blocking software that provides extensive offices and notes for crypto financial backers. This application is very simple to use and learn, whether it is a web browser or a multifaceted application that is available on iOS and Android OS. The exchanges I made with this program ended quickly at the time of execution. In addition, Vite has 3 local labels called VITE Coin, Vite Public Points i.e. VCP and ViteX Coin VX. You can also distribute VITE coins…

Pros
  • Sources in the ViteX-app are made with customers ’personal keys, not trades.
  • The VITE platform can also be used for network voting.
Cons
  • Popularity is low.

We believe in the future of many blocks to meet different needs. The simple exchange of information and resources between blockchains will gradually become important. Vite is designed to connect each block in a decentralized manner. ViteX includes decentralized trading innovations by combining chain request, settlement, mining, and revenue sharing through Vite's blockchain deals. Sources at ViteX are made not by trade, but by the private keys of the customers. There is no reason to freeze…

Pros
  • Providing various passive income sources through mining.
  • VITE has emerged to serve a variety of needs and to have practical conditions.
  • Available on iOS and Android devices.
  • You can use VITE in an emergency cross-chain, stabilcoins cross-chain exchange and cryptocurrency control.
Cons
  • The program can be difficult for new users.

The Vite app is a decentralized cryptocurrency blockchain application platform that provides a wide range of facilities and features for crypto investors. The app is very easy to use and navigate through, whether it is the web platform or the mobile application which is available in iOS and Android OS. The transactions I performed on Vite were very fast to be completed without delays in performance. The Vite app has 3 native tokens known as the VITE coin, Vite Community Points (VCP), and ViteX

Pros
  • The blockchain app is available on web, iOS and Android devices
  • The blockchain is secure
  • It provides a variety of ways to earn passive income through staking and mining
Cons
  • The app may be a bit confusing to navigate for new users

Revainrating 4 out of 5

VITE

VITE is a decentralized unifying platform of multiple chains into one cryptocurrency ledger an idea born out of the many blockchains serving different needs and for the possibility of inter operational terms VITE has surfaced. You can enjoy working between two chains with trustlessness. You can make use of VITE in an instant cross chain transfer, stablecoins cross chain exchange and cryptocurrency custody. You as a developer can make use of VITE network to develop dapps at a low cost for…

Pros
  • It offers universality
  • It is trustless
  • It gives instant cross chain transfer
  • It allows stablecoins cross chain exchange
  • It ensures cryptocurrency custody
  • It is accessible on iOS and android devices
  • Its app supports multi coins
  • It is open source
Cons
  • Need for partners to fuel its idea

Revainrating 3 out of 5

VITE Network Revolutionary Tech

Vite is a DAG based smart contract cryptocurrency platform that is built with a structure to facilitate zero-fee transactions and optimize transaction speed, reliability, and security. As can be expected, there is an in built token called the VITE token. VITE is the native currency mostly used for simple transactions and smart-contract executions on the Vite network. I discovered that users can stake VITE for transaction quota instead of consuming gas. VITE can also be used to vote on the…

Pros
  • Use of Innovative technology by the project
  • Zero transaction charges
  • Faster transaction speeds
  • Vite ecosystem plans to expand
  • VITE tokens are available on Binance, OkEx and other popular exchanges
Cons
  • VITE is not very popular

HISTORICAL BACKGROUND Vite was launched in June 2018, and has it's mainnet in 25 September, 2019. Vite has Charles Liu as CEO, Leo Zhang as co founder and Richard Yan as COO. Vite was formerly registered in Beijing and later in Silicon Valley. The name Vite come from french word which means 'Fast'. ABOUT VITE Built on Directed Acyclic Graph( DAG) based smart contract platform. The way it's snapshot chain structure was built makes zero fee transaction possible, it also enhanced optimization of…

Pros
  • Transaction on the vite network is free, fast, secure and reliable.
  • The language used to write the smart contract is simple being the language accustomed to by many developpers, which is Solidity++
  • There are many ways by which you can earn from the project and it's ecosystem.
  • It is legally registered in Silicon Valley.
  • Dapps can be built on it's smart contract developpers.
  • It has a native token called Vite coin.
  • It has a good team both in Beijing and Silicon Valley.
  • Has good presence on various social medias like telegram, twitter, medium, reddit, facebook etc.
  • Has friendly, responsive and good support team.
  • It is available in many languages
Cons
  • Still a young project, so many people have not come to know about it.
  • The maximum supply is not available.

In general Vite, is a cryptocurrency that tries to enter a saturated market since its strong point is the processing of payments between people and applications. However, it has a few novelties in the design of its network, such as the asynchrony in transactions where communication is independent of the entire network, preventing it from being overloaded, something like sending a text message and receiving, nevertheless, this network It is still in development and the beta version is not…

Pros
  • Interconnection between applications asicronia in transactions somewhat similar to what happens with other cryptocurrencies and make it fast. The network will allow the realization of multiple transactions, since according to the book branco solve a problem that takes tienmo and is the increase in transactions.
Cons
  • His only endorsement is his white paper, and his documentation. No trial version is yet available. There are other cryptocurrencies that have a similar system and this gives them some delay.

It uses already known practices and advantage to improve existing technology. The list of investors and support from advisors looks quiet fascinating, therefore i believe this support will definitely help the team successfully accelerate through their roadmap goals. Overall, i feel that it has a high chance the bring impressive multipliers in the short-term mostly due to the fact that all of the capital will be raised during private and strategic rounds, therefore leaving a lot of room for…

Pros
  • It uses DAG architecture in order to provide fast, scalable, and secure cryptocurrency and a high-end network that support DAPPs. I seen how fast and scalable DAGs can be with examples such as Nano, and i’ve seen how well Decentralized Applications run on platforms such as NEO & Ethereum. Slam those two together and they solve each others problems to an extent.
  • The Team behind Vite is very fascinating. Charles is a Veteran blockchain entrepreneur and technical expert. Former senior architect of JD(dot) com, co-founder of Coinport, and engineering director of Meituan Dianping. Ming Wu is a Seasoned scientist. Senior research director at the Microsoft Research Institute, Asia PhD, Adviser of China Science and Technology University.
  • The roadmap is showing the significant moves in development of the platform, the release of the mainnet in Jan 2020 and ends in Feb 2020 with the plan for the ecosystem development. I feel that the roadmap is a document that can be elevated, as it is absence important fact such as how the business plan will reveal or details about the token economy.
Cons
  • In point of fact don’t have a lot of concerns for Vite. I could point out a few things but we can’t see anything that actually concerns us in regards to the projects viability.

Revainrating 4 out of 5

Vite is an interesting project

I have Vite wallet installed on my android. The project is very interesting. The Vite token is listed on several exchanges. I am sure that the Vite price will rise as soon as possible, mainly if happening some partnerships

Pros
  • Multi-token wallet (iOS/Android app): currently supports VITE, ETH, ERC20 tokens and GRIN. Block explorer Vite merchandise store: a blockchain payment use case in which items can be purchased by VCP (Vite Community Points). Vite decentralized exchange (ViteX): secure asset management, seamless trading experience, and VX (ViteX native token) mining capabilities. The current trading markets are: VITE, BTC, ETH, and a stablecoin.
  • High-Performance Decentralized Platform
  • Decentralized Exchange
  • Low-Cost
  • VITE TOKEN is listed on Bittrex, Okex, Upbit, Hotbit, Bilaxy an Idex at the moment
  • Vite is the first public chain to implement smart contracts within a DAG structure.
  • users can receive daily airdrop rewards of 10-1000 VITE everyday ON vITE WALLET
Cons
  • Vite is in a saturated crypto market. The project has great ideas, but it needs to find great partners