VITE

by VITE Labs

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IPFS

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Fantom

by Fantom

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VITE

by VITE Labs

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IPFS

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Fantom

by Fantom

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What problem does this service solve?

VITE's goal is to make it easier for developers to issue tokens and create DApps.IPFS is a decentralized alternative to HTTP that can be used to make recording blockchain transactions more efficient.Fantom wants to create a better performing smart contract platform that will based on a directed acyclic graph.

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Company Description

VITE is building a DApp development platform that will allow developers to issue their own tokens that can then be traded on their built-in decentralized exchange. The VITE network is currently powered by the Ethereum-based VITE token.

The Interplanetary File System (IPFS) is a decentralized network protocol for sharing hypermedia in a distributed file system. IPFS can be used to link blockchain transactions This effectively timestamps and secures the content, without having to put the data on the chain itself. Filecoin, an IPFS-based decentralized storage cloud, is closely related with the IPFS protocol, and provides the incentive system.

Fantom is developing a smart contract platform based on a directed acyclic graph (DAG). They hope to address the scalability issues of current decentralized platforms. Instead of a blockchain, Fantom's Lachesis Protocol uses a directed acyclic graph to confirm transactions asynchronously. This transaction history is immutable and cannot be modified. The platform's Opera Chain will consist of three layers: an application Layer, Opera Ware Layer, and Opera Core Layer. Fanotm issued an Ethereum-based token in 2018.

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