VITE

by VITE Labs

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IPFS

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Hedera Hashgraph

by Hedera Hashgraph

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VITE

by VITE Labs

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IPFS

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Hedera Hashgraph

by Hedera Hashgraph

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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.The Hedera Hashgraph consensus algorithm aims enable DApps where precise ordering and time recording of transactions is important.

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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.

Hedera Hashgraph is a blockchain network that was designed to allow developers to create DApps that require higher throughput and faster settlement. Hedera uses its own consensus protocol that assigns every transaction a consensus time that is calculated as the median of the times at which each node in the network first received it. The network is powered by the HBAR coin.

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