Review on VITE by Toprak Dere
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 very well and evaluations are made that the platform is strong. For this reason, VITE is thought to rise in the medium and long term.
In addition, some investors state that the VITE coin will increase up to 1,000 times. It will be easier to evaluate investors' comments with current and historical data.
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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
