• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Market

VeChain Historical Upgrade Launch: Details

189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

The VeChain Foundation announced what they contact a “new era” as the last phase of PoA two., which seamlessly forks from the mainnet and adds “finality” to VeChainThor.

A new era has begun!

At eight:ten GMT, the last phase of PoA2. was seamlessly hardfork from the mainnet, including Finality to #VeChainThor.

With it, #VeChain technologies gives the excellent basis for #Sustainabilitythe two in terms of vitality consumption and genuine-planet variability. #Blockchain $VET https://t.co/3Ida4xVZxR

— VeChain Foundation (@vechainofficial) November 17, 2022

The last phase of “Proof of Authority 2.0” (POA2.), the integration of finality with VIP-220, streamed at block height 13815000 on November 17 at eight:ten a.m. UTC. Likewise, the initially finished block was designed on the VeChain mainnet, marking a historic milestone for the blockchain.

Related articles

Accused of being a Ponzi model, Blast's TVL still exceeds $360 million 3 days after launch

Accused of becoming a Ponzi model, Blast’s TVL nevertheless exceeds $360 million three days just after launch

November 24, 2023
$91 million was transferred to Layer-2 Blast within a day of launch

$91 million was transferred to Layer-two Blast inside of a day of launch

November 22, 2023

With this game-transforming improve, VeChain will now be capable to deliver the excellent basis for sustainability, the two in terms of vitality consumption and genuine-planet improvements, the workforce says. In addition, VeChain will be capable to meet the developing demand thanks to its scalability.

Back in June, VeChain announced that VIP-220 was dwell on a personal testnet, marking the initially phase in direction of a revolutionary POA two. consensus mechanism improve. VIP-220 combines the strengths of two well-known consensus varieties (evidence of stake and evidence of get the job done) even though getting rid of their weaknesses.

More about upgrades

PoA is a Byzantine fault-tolerant probabilistic consensus (BFT) primarily based on HotStuff and it relies on authoritative master tokens (AM) related with verified identities. Some vital improvements also come with the hottest proof of authority.

The PoA two. improve consists of a trade-off in Nakamoto’s consensus versus BFT, amid other enhancements. The VeChain blockchain is anticipated to have a substantially enhanced degree of protection along with a promise of appropriate information high-quality.

At the time of publication, VET, the native token of the VeChain blockchain, has nonetheless to reply to information of the historic improve. VET trading is down five% in excess of the previous 24 hrs to $.019.

Coin Invest

Tags: DetailshistoricalLaunchUpgradeVeChain
Share76Tweet47

Related Posts

Top 3 prominent AI cryptocurrencies in the week of January 4, 2025

by Kishu Inu
January 25, 2025
0

Hive AI (BUZZ), BOTIFY and Freya (FREYA) are the top AI coins this week. BUZZ is up 58% in the...

Top 3 cryptocurrencies AI stand out in January 4, 2025

by Kishu Inu
January 25, 2025
0

Hive AI (Buzz), Botify and Freya (Freya) are the top AI currencies this week. Buzz has increased by 58% in...

The crook attacks the former Brazilian TT account to promote the cryptocurrency

by Kishu Inu
January 24, 2025
0

The hacker has appropriated the social network of Jair Bolsonaro, former Brazilian president, to promote a fake meme coin. As...

The crook attacks the former Brazilian TT account to promote cryptocurrencies

by Kishu Inu
January 24, 2025
0

The hacker has appropriated the social network of Jair Bolsonaro, former Brazilian president, to promote a fake meme coin. As...

Solana price increased by 21%, surpassing Sony in market capitalization

by Kishu Inu
January 24, 2025
0

Solana price (SOL) has increased by 8% in the past 24 hours and 21% in the past week, with market...

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • Total Crypto Trading Volume Reaches $80 Trillion Milestone
  • Hong Kong Legalizes Crypto Derivatives for Professional Investors
  • Record $1.19 Billion Crypto Options Trade Executed
  • Qubetics Gains Traction as HYPE and Tron Respond to Market Shifts: The Next Best Crypto to Buy in 2025
  • ECB Cuts Interest Rates; Bitcoin Prices Surge
  • BlockDAG Hits $287M, AVAX Eyes $300 & BCH Climbs,
  • HYPE Holds Support, PEPE Sentiment Surges; Unstaked Eyes $1 Milestone!
  • BlockDAG, SHIB, Stellar, and TRON: June’s Top Bullish Crypto Picks
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7