Vite (VITE) Blockchain - Rating and Details of Vite ICO (Token Sale) - Rating: All In

Vite is a generalised decentralized application platform that meets the requirements of industrial applications for high throughput, low latency and scalability while taking into account security. Vite uses DAG ledger structure, and transactions in ledgers are grouped by accounts. The Snapshot Chain structure in Vite can make up for the lack of security of the DAG ledger. The HDPoS consensus algorithm, through which writing and confirming of transactions are asynchronous, provides high performance and scalability. The Vite VM is compatible with EVM, and the smart contract language extended from Solidity, providing more powerful ability of description. In addition, an important improvement in Vite design is the adoption of a asynchronous Event Driven Architecture, which transmits information through messages between smart contracts, which greatly improves system throughput and scalability. In addition to built-in native tokens, Vite also supports users to issue their own digital assets, and also provides cross chain value transfer and exchange based on Loopring Protocol. Vite realizes resource allocation by quotas, and light users do not have to pay transaction fees. Vite also supports contract scheduling, name service, contract update, block pruning and other features.

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Team Members

Charles Liu

CEO

Veteran Blockchain Entrepreneur and Technical Expert. Standing Director at Blockchain Application Research Center of China. Graduated from University of Science and Technology of China and the Institute of Software...

Richard Yan

COO

Seasoned Wall Street Professional. Graduated with a B.A. from Dartmouth College and an MBA from New York University. Previously held roles as a Structured Product Trading Strategist at Goldman Sachs...

Frank Deng

Director of Vite Foundation

Seasoned expert in Digital and Mobile Marketing. Graduated from Tsinghua University. Previously held a strategic position for Google Ad Operations. Former CEO of Suizong Technology. Co-founder of Yunke Technology.

Leo Chang

Co-founder

Seasoned Blockchain Investor and Senior Technical Expert. Previously led engineering efforts at Meituan-Dianping and Coinport.

Allen Liu

Silicon Valley Technical Director

Senior Technical Specialist. Graduated from University of Science and Technology of China and Fudan University. Former HP Tech Lead. Former IBM Senior Architect and Product Manager...

Daniel Wong

Advisor

Seasoned blockchain entrepreneur. Graduated from China University of Science and Technology and Arizona State University. Founder of Loopring, former Google America Tech Lead, Co-founder and VP of Yun Yun Wang...

Li Zhang

Advisor

Senior blockchain practitioner, investor. LinkVC Capital Partners, former CMO of F2pool , former business officer of Huobi.

Terence Lam

Advisor

Veteran investor. Graduated from Harvard Business School. Partner of Zhizi Blockchain Investment Fund. Adjust professor of SPACE China business school at Hong Kong University. 20+ years’ experience as senior technical...

Ivan Golovko

Advisor

VP Strategy and Investor Relations of LegalThings One. Co-founder of Distributed.Fund and Distributed Alliance. Former CMO of ICODrops.

Michael Gasiorek

Advisor

Michael is a founder, writer, and community builder. He's the founding partner of Truth Cartel, a marketing & product agency distributing emerging technologies. Michael was Editor in Chief at Startup Grind...