Vitecoin - Performance Decentralized Application Platform
Vite is the Next Generation Decentralized High Performance Application Platform [1]. Vite is based on the Directed Acrylic Graph (DAG). "DAG will be used for applications that require scalability in thousands of transactions per second. The launch of CryptoKitties clogs the Ethereum network which results in slow transactions and high costs. Ethereum has a solution for this sharding, but it has been 5 years. The application will soon, I think, will switch to DAG for scale. "[2] Vite is a general decentralized application platform that meets industry application requirements for high throughput, low latency and scalability while considering account security. Vite uses the DAG ledger structure, and transactions in ledgers are grouped by account. The Snapshot Chain structure in Vite can replace the lack of security of the DAG ledger. The HDPoS consensus algorithm, through which writing and confirming transactions is out of syn...