VITE VITE to Chronobank TIME Exchange

Crypto Pair Details: VITE to TIME

VITE VITE

VITE - A Next Generation High-performance Decentralized Application Platform 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. 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.

Chronobank TIME

'About Chrono.tech Chrono.tech was founded in 2016 in Sydney, Australia with the vision of transforming the way Individuals access jobs and Businesses connect with Contractors. As a Fintech Company focusing on HR-solutions, Chrono.tech reduces & eliminates the barriers to Recruitment and Payment Processes for both Workers and Employers by utilizing Blockchain Technology. Chrono.tech's achievements in development range from successfully launching dApps like the LaborX.io job platform and the TimeX.io cryptocurrency exchange, up to working on its own side chain with custom consensus algorithm.'

SOURCE: COINGECKO

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