VeChain is a blockchain platform that implements distributed registries to reduce entry barriers, is compatible with smart contracts and is designed to improve the supply chain and accelerate the mass adoption of blockchain technology. Using the functions of meta transactions, the method of consensus with confirmation of authority (PoA), the management mechanism in the blockchain and a unique system with two tokens, the VeChainThor blockchain hopes to solve the problem of launching large-scale commercial decentralized applications (dApps).

VET news today, VeChain crypto latest news of token ticker

VeChain

VeThor token is a VIP-180 token, is the cost of using the VeChainThor blockchain and essentially represents the level of smart contracts on the network. Its main goal is to facilitate processes and transactions in the blockchain. VTHO is an integral part of VeChainThor's work.

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VeThor Token

The votes are in! 

Over 99% of voters approved the implementation of VIP-220, AKA PoA2.0, and incorporating the power of finality with #VeChainThor. 

Thank you to everyone who voted, we greatly value your input!

#Blockchain #Sustainability #Crypto #VeChain $VET

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✅ Poa2.0 all stakeholders vote successful ✅

Over 99% of voters approved the implementation of VIP-220, AKA PoA2.0, and incorporating the power of finality with VeChainThor. 

Thank you to everyone who voted, we greatly value your input!

The exact go live date of Poa2.0 will be shared soon. 

https://twitter.com/vechainofficial/status/1585681655108354049

0 all stakeholders vote successful. Over 99% of voters approved the implementation of VIP-220, AKA PoA2.