VeChain Foundation Reveals Roadmap To PoA 2.0, Major Bullish Catalyzer?
VET has seen a 5.7% profit in the daily chart after the VeChain Foundation (VF) published the roadmap for the Proof-of-Authority (PoA) 2.0. At the time of writing, VET trades at $0,068. A major milestone for the project, the foundation expects to eliminate the tradeoffs from the Nakamoto Consensus and Byzantine Fault Tolerance (BFT) consensus used by Bitcoin and other cryptocurrencies. The new PoA 2.0 consensus will enable the blockchain VeChainThor to leverage a high throughput capability with guaranteed data finality. Thus, the users and companies building on this platform can apply high....
Related News
Up 150.3% over the past 14 days, VeChain (VET) trades at $0,23 with 15.6% and 84.4% profits in the daily and weekly chart, respectively. In addition to the rally, the company celebrated a major milestone that could give a new impulse to its corporate adoption. Via its Twitter handle, the VeChain Foundation announced VeChain was […]
VeChain (VET) is on the move with a 10.3% and 51.4% profit in the daily and monthly charts, respectively. As of press time, the cryptocurrency trades at $0,13 and could further gain due to recent developments. After recording a potential bottom on October 20th, VET experienced a breakout to the upside, as analyst Justin Bennett claimed. Related Reading | VeChain Foundation Announces Vote To Implement Upgrade, Bullish For VET? With the Bitcoin season inaugurated, the first crypto by market cap has been taking liquidity from the altcoin market. In that sense, VeChain could have found a....
Via its official Twitter handle, the VeChain Foundation confirmed a meeting with government officials from three important Chinese districts. Representatives from Shanghai, Changing, and Huangpu visited the organization’s office in Singapore. Per the report by the VeChain Foundation, the representatives from the enterprise blockchain platform and the governments talked about “potential transformative collaborations”. The organization […]
The VeChain ecosystem is expanding at a fast pace. Their first decentralized exchange (DEX) and automated market maker (AMM) called VEX will launch their governance token with the same ticker next week on November 9th, 13:00 UTC. Related Reading | VET Breaks Major Trend Line, Why VeChain Could See Massive Explosion In addition, the team behind the DEX announced that they will rollout a yield farming program. To be deploy at the same time as the governance token, the yield farming program for the VEX/VET pair could offer users a new opportunity to maximize rewards. Launched in 2019,....
The VeChain Foundation has started 2022 with a potential major announcement. Via their official Twitter handle, the organization hinted at the possible released of a new native stablecoin called VeUSD. Related Reading | VeChain Foundation Welcomes New DEX To Its Ecosystem The Foundation little details on this new product but announced its followers that it’ll be “something special (…). Something that will allow us to take VeChainThor to the next level in multiple ways”. The stablecoin VeUSD will be a tool to “unleash” DeFi capabilities for the VeChain ecosystem. The digital asset,....