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Anim (ANIM) Token Whitepaper


The Anim token is a reward mechanism and primary currency of the anim.cc platform, specifically designed to be feeless and non-inflationary. Its purpose is to incentivize user engagement and serve as a reliable payment option within the platform.

Features and Benefits

Technical Information

The Anim token is built on the Vite, which is a generalised decentralized application platform that offers high throughput, low latency, and scalability while taking into account security. Vite uses a DAG ledger structure and transactions in ledgers are grouped by accounts. The consensus algorithm used in Vite is HDPoS which stands for Hierarchical Delegated Proof of Stake. This algorithm is designed to provide high performance and scalability by allowing for asynchronous writing and confirming of transactions. In other words, transactions can be processed simultaneously without waiting for each other to be confirmed. HDPoS achieves this by using a hierarchical system of delegating nodes to validate transactions, with each node responsible for a certain level of the network. An important improvement in Vite design is the adoption of an asynchronous Event Driven Architecture, which transmits information through messages between smart contracts, greatly improving system throughput and scalability. Vite realizes resource allocation by quotas, and users do not have to pay transaction fees. The Anim token will leverage these technological features of Vite to offer fast transaction speeds, no transaction fees, and a secure environment for transactions within the anim.cc ecosystem.

Token Specifications