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VITE Stock

VITE

VITE

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VITE Whitepaper

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Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität
BinanceVITE/USDT0546.49498.381.78 M0.01cex592.153/11/2025, 6:26 AM
XT.COMVITE/USDT000303,383.370.01cex14/8/2025, 6:35 AM
PionexVITE/USDT00095,996.550cex14/8/2025, 6:36 AM
MEXCVITE/USDT0334.8219.0255,664.60cex635/30/2025, 9:03 AM
Binance THVITE/USDT015.68154.9140,089.830.16cex254/8/2025, 6:35 AM
BitexenVITE/TRY00037,711.810.42cex07/9/2025, 6:21 AM
BingXVITE/USDT07.7389.3428,541.770.01cex14/8/2025, 6:35 AM
TokocryptoVITE/USDT04.123.428,192.140.14cex4064/8/2025, 6:35 AM
CoinExVITE/USDT00018,592.940cex14/30/2025, 10:00 AM
KoinparkVITE/INR0107.719.912,556.580cex12/26/2025, 9:50 AM
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VITE FAQ

### What Is Vite? Vite is a next-generation decentralized application platform designed to address the complexities and limitations of current blockchain solutions. Known for its high-speed transactions and zero fees, Vite employs a unique Snapshot Chain structure. This allows for efficient asynchronous transactions, catering to a diverse range of decentralized applications. Vite's architecture is underpinned by a high-performance asynchronous architecture. It introduces a new consensus mechanism known as the HDPOS (Hierarchical Delegated Proof of Stake), which ensures scalability and reliability. The platform supports smart contract development in the Solidity++ language, an extension of Ethereum's Solidity, thereby offering familiarity to developers while enhancing functionality. For more detailed and up-to-date information about the Vite cryptocurrency, including its current market valuation, trading volume, and historical price data, please refer to Eulerpool.

Vite has developed a Directed Acyclic Graph (DAG) based smart-contract platform characterized by a Snapshot Chain structure to enable zero-fee transactions and enhance transaction speed, reliability, and security. The Snapshot Chain of Vite employs Hierarchical Delegated Proof of Stake (HDPoS) to achieve network consensus. Supernodes receive only staking rewards and do not charge transaction fees. The Vite virtual machine is compatible with the Ethereum Virtual Machine (EVM) and uses the asynchronous smart contract language, Solidity++. The VITE token serves as the medium for basic token transactions and smart contract executions on the Vite network. Users stake VITE for transaction quotas rather than consuming gas. VITE can also be used to vote for Snapshot Block Producers (also known as supernodes). Additionally, a VITE staker with surplus transaction quota can lease it to dApps in exchange for their tokens. For instance, users can stake VITE to receive ViteX’s native decentralized exchange token, VX. Vite’s current offerings encompass a decentralized exchange (ViteX), a versatile wallet application (Vite App), payment solutions (VitePay), and blockchain applications for governments and enterprises (VitePlus): - ViteX is a decentralized exchange featuring an on-chain order book and matching engine, supporting more than 20 digital assets. - Vite App is a mobile application that consolidates trading (ViteX), asset management (wallet), and dApps (e.g., Vite-based games) in a single interface. - VitePay is a swift and fee-free payment solution, presently operational at Singapore’s Ce La Vi Sky Bar and taxi services within the Midwest Global network. Users can pay merchants using the Vite wallet, with merchants benefiting from zero-fee, nearly instant settlements. VitePay is also integrated with the OpenCart e-commerce platform and is available for use at the official Vite store. - VitePlus is an enterprise blockchain solution based on Vite for governments and enterprises. Vite has developed a pilot application, SyraCoin, for the Syracuse government, which allows city housing fund donors to receive blockchain-based coupons that can be redeemed for goods and services within city limits.

How can you acquire or mine VITE?

VITE can be purchased on prominent exchanges such as Binance, OKEx, and Bittrex. To mine VITE, you can operate a Snapshot Block Producer (also known as a supernode) to engage in the HDPOS consensus process on the Vite network. This allows you to earn block rewards in the form of an annual inflation of 30 million VITE coins. Additionally, you can run a full node and obtain VITE rewards from the Vite foundation.

Supply Distribution

Private Sale tokens account for 40.43% of the total supply. This sale took place in May 2018, distributing 404.33 million VITE at a rate of 7,000 VITE per 1 ETH, and raised a total of 57,762 ETH, approximately $40.43 million, with each token priced around $0.10. This accounted for 40.43% of the overall token supply. - Marketing tokens represent 10.00% of the total supply. - Ecosystem Development tokens make up 23.57% of the total supply. - Team tokens constitute 20.00% of the total supply. - Airdrop tokens form 5.00% of the total supply. - Advisor tokens consist of 1.00% of the total supply.

Investors interested in VITE are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.