Vite is the next generation of high-performance and decentralized application platforms [1]. Vite is based on a controlled acrylic chart (DAG). "DAG will be used for applications that require scalability in thousands of transactions per second. The launch of CryptoKitties blocks the Ethereum network, resulting in slow transactions and high costs. Ethereum has a solution for this so-called sharding, but it is almost a 5-year application, I think they are turning to lies DAG.
First we define Blockchain. Blockchain is a decentralized public book. DAG is also a decentralized distributed book. DAG does the same thing with the block chain. The goal of DAG is the same as blockchain, which is decentralized online transaction retention but DAG achieves the same goal through different technologies. Both DAG and Blockchain are different technologies that try to achieve the same goals. There is absolutely no connection between these two technologies, except to try to achieve goals, books that are more decentralized and scalable.
What is asynchronous DAG?
All DAGs are out of sync.
Why is asynchronous DAG important for block technology?
Asynchronous DAG technology is an important and better blockchain technology that can reach more than 100,000 transactions per second, which is far more than doing blockchain at this time.
The difference between synchronic and asynchronous?
If you start something that is synchronized, wait until you finish the job for another job.
When you start something asynchronously, you can go to another task before you finish.
What does it mean for Blockchain?
In a block string, a new transaction is processed only after the previous transaction has been confirmed. For example, all transactions in Bitcoin are placed first in Mempool, and then the miner selects the transaction from there and verifies it. The bank chooses new transactions only after verification of the previous transaction. This is what is meant by synchronization, the miner moves to another job after completing the above task (there is a transaction process), but DAG technology, which is asynchronous, all transactions are processed at the same time before the previous transaction has been confirmed or not. This is what asynchronous means from the validator that downloads to another task before completing the above task (the task here means processing transactions).
Vit strategy is the simplicity, comfort and safety of taxi transportation.
Every one of us at least once in his life goes around a taxi. And if you are in your country or city, there are no difficulties. But if you only cross the border of a foreign country, how many of us panic.
Because, we all know that foreign tourists are often a convenient target for dishonest taxi drivers.
Fans traveling to distant countries have long made "black" lists of countries and cities where people must be very careful and attentive because of these crimes.
Taxi services in developing countries are not so hot, sometimes none at all. To expect public transportation in these countries is not necessary, so it turns out the only means of transportation is a taxi.
Many companies have and continue to promote and improve taxi services throughout the world to make taxi travel cheap, comfortable and safe.
The world's leading countries such as the United States, Britain, Europe and other countries have boasted of achievements in services. But the prospects for market growth still remain.
However, unfortunately, not everyone who lives in developing countries can take a taxi and remain uninjured or not robbed.
Very many of these services are not enough for the African population where city dwellers grow from year to year.
The Vit team offers a model for the development of this business in developing countries in Africa.
This model is simple and easy to use.
Taxis can be called from any area covered by this service. You can do this through an Android or iOS application on your smartphone, just by pressing a button.
And because there are enough free drivers in the network, it will be possible to reduce the waiting time for taxis to a few minutes.
All drivers and all cars before departing will be carefully examined to make travel for passengers safe.
Drivers who will work on this platform too, will be in a better position, because the movement of their cars can be tracked on the map. And they don't need to be afraid of their lives and wallets, because all orders will be fixed.
Payments for travel will be made via bank transfer, Vitoken's unique digital currency, from the client's wallet to the driver's wallet.
Initially, Vit's team offered passengers to buy Vit tokens for cash or credit cards. In the future, because of their convenience, digital money will completely replace other currencies and will be used to pay for transportation trips everywhere.
Customers who will have this application on their mobile can easily book trips at the right time.
Because of the fast and wide spread of the Internet now Africa using mobile money e-wallets can pay bills, transfer money between accounts and more.
To access the Vit application, you must enter a PIN code.
Vit's business model will help drivers get more, with 5-10% of revenue will be transferred to Vite Impact Fund (VIF), to support Vite's technology infrastructure, to address road safety issues in the area covered by this service.
In addition, this system will provide new jobs for drivers and improve working conditions and pay for drivers who are already working.
Vit is a company that will revolutionize Africa's taxonomy. For this purpose, it offers extensive use of the latest Blockchain technology, the use of crypto currencies and directly connecting operators and clients.
Vit has concluded a partnership agreement with the Mauritius Ministry of Transport, which will help popularize the service among the population and will make the Vite brand popular among residents and tourists.
What is special about VITE?
Vite uses Block Lattice DAG as Nano, but there are certain security weaknesses in the Lattice DAG Block. They will make a series of photos to resolve security issues with Nano DAG. And you can make smart contracts in VITE with Solidity ++ (which is compatible with Solidity). There is no big difference in strength and strength, so the Ethereum application is compatible with VITE. Vite competitors are Fantom (DAG + Smart). But Fantom uses Scala language for smart contracts, so Ethereum Dapps is not compatible with Phantom.
In short, VITE uses Nano DAG technology and, in addition to the solid Solidez ++ language, is compatible with Solidez software, adding smart contracts.
Allocation of prize collection is:
Twitter Campaign - 15%
Facebook campaign - 15%
Translator & Moderator - 5%
Content Campaign - 20%
Signature Campaign - 20%
Telegram Campaign - 15%
Reddit campaign - 10%
FOR MORE INFORMATION, PLEASE VISIT THE BELOW:
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