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).

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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

Phenomenal outcome seeing 10k builders learning how to build on #vechain.

We can’t wait to see the cream of the crop joint us for the Harvard Hackathon, supported by Boston Consulting Group, and witness some incredible solutions being built.

Let’s go, VeFam! twitter.com/sarah_nabaa/st…

Twitter

Fresh off smashing through 10,000 devs completing our @vechainofficial challenges, we just awarded our challenge 5 winners with 200k $VET to get your projects to mainnet! 🚀

Get ready to put that knowledge to use at Harvard for our #60Daysofvechain hackathon together with @BCG !

Fresh off smashing through 10,000 devs completing our @vechainofficial challenges, we just awarded our challenge 5 winners with

I am really really really proud of our tech team in Dublin! Epic, Epic, Epic! twitter.com/vechainofficia…

The Dublin team is just awesome! Collaborative, hardworking and full of great ppl … not to mention their inspiring leader … The mythical, one and only @Bacco1977Dublin

The Dublin team is just awesome.

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