Fantom claims it is world's first DAG based smart contract platform.But i can see VITE already has smart contract in testnet and in the developmental side fantom is behind in comparison to VITE.Although both project's roadmap says mainnet will come in Q3.Does vite have plans to gain the first mover advantage(DAG+Smart contract)?
We don’t really follow other projects and with what speed they move, we prefer to look after ourselves and fulfill our goals and objectives. Vite builds its ecosystem and development in all directions is important for us.
I love the concept.
The only thing that worries me is an architecture that is based on EVM. How much does this make the project dependent on development of Ethereum?
Thinking about business, it's never very good to depend on the development on a competitor and VITE is a competitor of Ethereum.
Can someone from the team give some feedback on this?
Vite also has a virtual machine, however, we are very different from Ethereum. First, we have a asynchronous architecture, whereas Ethereum is synchronous. Second, we use DPoS algorithm, which is very different to Ethereum's proof of work but more similar to EOS. Our smart contract programming language is called solidity++, which is 90% competible with solidity. The resaon of having solidity++ is Ethereum has the biggest developer community. We want to eliminate barriers for developing Dapps on Vite.