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LUIS RIVERO R photo
Venezuela
1 Level
1191 Review
4270.25 Karma

Review on VITE by LUIS RIVERO R

Revainrating 4 out of 5

In general Vite, is a cryptocurrency that tries to enter a saturated market…

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 active. there are other cryptocurrencies that lead you with this type of projects.




Updated 5 years ago
Rating changed from 3 to 4
Your platform is already active.
Among the current news is that the Vite wallet will be compatible with Grin, development and improvement of the wallet.
Optimization of the mainnet's performance and update of intelligent contracts.
  Your wallet in the last update, is currently compatible with the erc20 tokens of the etherium network.
The decentralized exchange is currently in its Beta phase.
In general this platform has interesting updates of its network, which make it compatible with other side chains, in beta version the exchange.



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.