BlockchainBrad conducts a detailed interview with Richard Yan into VITE: A Next Generation High-performance Decentralized Application Platform. Why? Think DAG Ledger + SMART CONTRACTS. The reactive contracts. Think about real world ties to Wall Street smarts and a plan to meld Finance and Distributed Technology.

Core Features:

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.

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.

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15 COMMENTS

  1. I like how VITE is shaping up, however your interview style is frustrating. At the end of each segment the interviewer asserts something and leaves no time for a response before the next question – whenever this happens I'm left a little frustrated as it could be masking an assumption made by the interviewer.

  2. I do not know ,what you guys are thinking..you want cryto go to mainstream.there is actually less people in cryto..you guys are cutting to elite people by selling token only to them..shame on you guys.. If it goes like this for few months ,all the people will fed up and go out..piss off

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