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VITE

A Next Generation High-performance Decentralized Application Platform

Ultra High Performance

DAG Ledger

Transactions in Vite are grouped by accounts. That is, each transaction only changes the state of one single account. Send transactions are separated from receive transactions, thereby obviating the need to wait for a transfer to be complete before the initiation of another transaction. The hierarchical design of the consensus algorithm allows horizontal scalability in consensus groups.

Asynchronous Architecture

Vite splits transactions into transaction pairs according to a "request-response" pattern. The writing and verification of transactions are asynchronously decoupled, thereby supporting ultra-high throughput. Inter-contract communications are based on an asynchronous messaging model.

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Reactive Contract

Message-Driven

With an event-driven architecture, every smart contract is viewed as an independent service. Contracts communicate via messages without sharing state.

Solidity++

Solidity++’s syntax is compatible with most of that of Solidity. The new syntax supports asynchronous semantics, contract scheduling, and provides a series of standard libraries, such as string manipulation, floating-point operations, basic mathematical operations, containers, sorting, and so on.

Integrated Decentralized Ecosystem

End-to-end system for value transfer

Vite itself is a decentralized exchange that supports digital asset issuance, cross-chain value transmission, and inter-token transactions based on the Loopring protocol. A quota-based resource allocation mechanism allows light users to pay zero fees and gas. Users can obtain computing resources in multiple ways. Vite also supports quota leasing.

dApp Mini Programs

The Vite client features an engine for creating HTML5-based decentralized mini programs. This engine simplifies the process of dApp development and deployment.

June 2018

Beginning of Vite Core's R&D

Feb 2018
April 2018
May 2018
June 2018
Oct 2018
Dec 2018
Jan 2019
Feb 2019
April 2019
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Jan 2020
Feb 2020

Core Team & Advisors

Charles

Veteran blockchain entrepreneur and technical expert. Graduated from China University of Science and Technology and the Institute of Software of the Chinese Academy of Sciences. Former senior architect of JD.com, co-founder of Coinport, and engineering director of Meituan Dianping. Abundant experience in distributed systems and high concurrency systems.

Richard

Seasoned Wall Street professional. Graduated B.A. from Dartmouth College and MBA from New York University. Previously structured product trading strategist at Goldman Sachs and Vice President of Two Sigma's high-frequency platform and Business Innovation & Growth group.

Ming Wu

Seasoned scientist. Graduated from China University of Science and Technology, and Institute of Computing of the Chinese Academy of Sciences. Senior Research Manager at Microsoft Research Institute, Asia. Ph.D. advisor of China University of Science and Technology. Published 10+ high quality papers in the field of distributed systems and AI.

Daniel Wang

Seasoned blockchain entrepreneur. Graduated from China University of Science and Technology and Arizona State University. Founder of Loopring, former Google America Tech Lead, Co-found and VP of Yun Yun Wang, Senior Research and Development Director at JD.com, and Co-Founder of Coinport.

Frank Deng

Expert in digital and mobile marketing. Graduated from Tsinghua University. Served in Google Ads Operations Group, COO of Suizong Technology and co-founder of Yunke Technology.

Johnston Chen

Expert in financial product operations. Currently COO of Loopring. Previously CIO of Sannuo Group

Terence Lam

Veteran investor. Graduated from Harvard Business School. Partner of Zhizi Blockchain Investment Fund. Adjust professor of SPACE China business school at Hong Kong University. 20+ years’ experience as senior technical manager at Global 500 companies. Started many technology startups.

Our investors