Proof of Authority 2. 0 going live tomorrow.

16 Nov 2022, 18:58

Proof of Authority 2.0 going live tomorrow After many years of hard work, VeChainThor's most significant mainnet upgrade is ready for deployment following the successful vote on VIP-220, or 'Finality with one Bit' (FOB). Proof of Authority 2.0 (short PoA2.0) is game-changing for VeChain. Here is what you need to know: ℹ️ The final phase of 'Proof of Authority 2.0' (POA2.0), the integration of finality with VIP-220, goes live at block height 13815000, expected 17 Nov., 8:10am UTC+0. ℹ️ As an VET or VTHO holder on any exchange or wallet - no action is required. The hard fork will take place with no user impact. ℹ️ As an Economic or X Economic node holder - no action is required. The hard fork will take place with no user impact. ℹ️ For developers and projects running Thor Nodes of your own, please upgrade your node software to v.2.01 before the Mainnet upgrade to avoid any issues with your dApp. You can find all information, including the software itself, on our GitHub: ℹ️ For those managing Authority Masternodes (AM), upgrading your node software ahead of the PoA2.0 hardfork is mandatory, per section 3.2 of the AM handbook. Please upgrade your node software ASAP! ℹ️ Binance deposits and withdrawals of VET will be suspended approximately starting from 2022-11-17 07:10 With this implementation, VeChain takes a big leap towards our goal of facilitating global MassAdoption of our blockchain technologies, our objectives to become the de-facto platform for Sustainability & spearhead economic DigitalTransformation.

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VeChainVET #38

17 Nov 2022, 08:47

Proof of Authority 2.0 is live!! At 8:10 GMT, the final stage of PoA2.0 seamlessly hardforked from mainnet, adding Finality to VeChainThor. With it, VeChain technologies provide the perfect platform for sustainability, both in energy consumption & real-world change

Proof of Authority 2. 0 is live. At 8:10 GMT, the final stage of PoA2.