Vite describes itself as a public chain designed to provide a fast and feeless payment network and low-cost dApp platform for use in enterprise-grade applications. Vite uses a Directed Acyclic Graph (DAG) architecture with delegated Proof-of-Stake consensus algorithm. To reduce the security risks associated with DAG, Vite incorporates its Snapshot Chain technology.
The core of Vite's platform features asynchronous architecture, which reportedly allows for the (i) separate writing of requests and responses, (ii) transaction writing and confirmation, and (iii) communication between contracts. For dApp development, Vite utilizes the Solidity++ smart contract language.
Vite aims to provide a complete ecosystem of products to accommodate everyday users, traders, and developers. Currently, its product suite includes a wallet, DEX (currently in beta), and a payment network. Vite is working on a comprehensive set of SDKs that will allow developers to easily build dApps on its platform.
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