Vite Labs is the creator of Vite, a Directed Acyclic Graph (DAG) based smart-contract distributed ledger network. Launched in 2019, Vite uses a Snapshot Chain structure to facilitate zero-fee transactions and optimize transaction speed, reliability, and security. Within the Vite ecosystem, Vite Labs has developed an order book based Decentralized Exchange (DEX) — ViteX, a multi-functional wallet(Vite App) and a Vite-based payment rail (VitePay). Vite Labs’ next ambition is ViteBridge, a universal cross-chain solution that allows easy asset transfer between any two chains in a decentralized manner.
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