VeChain Foundation Announces Vote To Implement Upgrade, Bullish For VET?

VeChain Foundation Announces Vote To Implement Upgrade, Bullish For VET?

Via their Twitter handle, the VeChain Foundation announced the start of the voting process that will allow the community to decide to implement or reject a major update to their network: Proof-of-Authority (PoA) 2.0. This upgrade could usher a new wave of blockchain “mass adoption”, the announcement said. As NewsBTC reported, the PoA 2.0 upgrade will eliminate the tradeoffs of the Nakamoto Consensus and Byzantine Fault Tolerance (BFT) consensus implemented on cryptocurrencies such as Bitcoin. Related Reading | VeChain And DNV Launch First Blockchain-based IVF Service App If approved....


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