Whitepapers VITAE White Paper Explained Summary

VITAE White Paper Explained Summary

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VITAE White Paper

Summary:

-Vitae is a PIVx fork that uses PIVx technology
-Vitae is based on Blackcoin PoS 2.0 protocol and Bitcoin core 0.10.x code base
-Vitae utilizes a network of masternodes/supernodes for an openly visible decentralized governance and increased transaction privacy
-Vitae token uses a See Saw effect for rewards distribution
-Instant Transactions: SwiftTX transactions are confirmed and spendable within seconds, guaranteed by the network of masternodes/supernodes, with no need to wait for multiple confirmations to be confident in the validity of the transaction

Explained – Vitae White Paper. Learn in depth about differnet coins on the blockchain by understanding whitepapers.

There is a lot to learn about this futuristic tech, lets get started to dive into the Vitae white paper and start to leverage it to build a more secure and trusted ecosystem for Industry 4.0 applications.

We will deep dive into how the coin works by understanding the whitepaper and its summary. Vitae (VITAE).

Lets understand Vitae (VITAE) after going through the Vitae white paper.

Without wasting any further time lets get started to dive right in and lets understand white paper first.

What is white paper?

A white paper is an informational, influential, well-structured document, usually published by an organization, to provide in-depth information about a specific solution.

A white paper is used to provide a good insight into the challenges for a specific problem and a proposed solution for the same.

Vitae White Paper

Vitae white paper will be going to provide you, all the information that is needed to get started with Vitae (VITAE), including the inspiration for creating, the problem it is trying to solve and the solution proposed by Vitae (VITAE).

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Introduction

Vitae Token is a PIVx fork. Containing PIVx technology. Based on Blackcoin PoS 2.0 protocol and is based on Bitcoin core 0.10.x code base. It utilizes a network of masternodes/supernodes for an openly visible decentralized governance and increased transaction privacy. Vitae token uses a See Saw effect for rewards distribution.

Combining all rewards opportunities including Proof of Stake, Masternodes, and Supernodes. Instant Transactions: SwiftTX transactions are confirmed and spendable within seconds, guaranteed by the network of masternodes/supernodes, with no need to wait for multiple confirmations to be confident in the validity of the transaction.

White Paper Link: Vitae (VITAE) White Paper

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