What is VITE?

Vite operates on a Directed Acyclic Graph (DAG) smart-contract platform. While most cryptocurrencies operate on a blockchain, DAGs do away with block-based structures to increase transaction speed and improve scalability. Vite aims to bridge any blockchain with its technology. It facilitates instant cross-chain transfers, zero-fee transactions, and cross-DEX cryptocurrency custody. Vite’s Snapshot Chain feature is recognised as being a novel way to secure DAG-based networks.