Looking at the recent performance of this coin, it fluctuates around 10%. It has been adjusted for a few days, and the second wave may be slightly higher. In addition, there is an expectation of going on the contract. I bought some today to see how it performs. I will take a week to see. I read the introduction, which is all in English. I don’t understand it, so I translated it for your reference.
Vite is a general decentralized application platform that can meet the requirements of industrial applications for high throughput, low latency and scalability while taking security into consideration. Vite uses a DAG ledger structure, and transactions in the ledger are grouped by account. The snapshot chain structure in Vite can make up for the lack of security of the DAG ledger. Through the HDPoS consensus algorithm, the writing and confirmation of transactions are asynchronous, providing high performance and scalability.
Vite VM is compatible with EVM, and the smart contract language is extended from Solidity, providing more powerful description capabilities. In addition, an important improvement in Vite’s design is the use of an asynchronous event-driven architecture, which greatly improves system throughput and scalability through messaging between smart contracts.
In addition to built-in native tokens, Vite also supports users to issue their own digital assets and provides cross-chain value transfer and exchange based on the Loopring protocol [1]. Vite implements resource allocation through quotas, and light users do not need to pay transaction fees. Vite also supports contract scheduling, name services, contract updates, block pruning and other functions.".
