OKX Banner
BTC $65,146.00 (+0.10%)
ETH $1,920.80 (-0.10%)
BNB $607.45 (+0.70%)
XRP $1.04 (-0.50%)
SOL $77.20 (+1.10%)
TRX $0.33 (+0.30%)
HYPE $54.69 (-0.70%)
DOGE $0.07 (-1.00%)
RAIN $0.01 (-0.30%)
LEO $9.71 (+0.10%)
ZEC $515.38 (+1.60%)
XMR $394.77 (+1.90%)
ADA $0.20 (-0.80%)
LINK $8.32 (-0.10%)
XLM $0.16 (-1.90%)
BCH $216.24 (-0.30%)
CC $0.10 (+5.30%)
GRAM $1.34 (-1.50%)
LTC $46.11 (+0.70%)
USDG $1.00 (+0.00%)

VeChain Says Is VIP-220 Is Live On Private Testnet

Twitter icon  •  Published 4 years ago on June 21, 2022  •  Hassan Maishera

The VeChain team announced via Twitter on Monday that its VIP-220 is now live on private testnet.

VeChain Says Is VIP-220 Is Live On Private Testnet

The VeChain team announced via Twitter on Monday that its VIP-220 is now live on private testnet. The team said VIP-220 is a huge step toward achieving Proof-of-Authority (PoA) 2.0 consensus mechanism upgrade. VIP-220 introduces finality, combining the strengths of the two common consensus types while eliminating weaknesses, VeChain added. 

VeChain Thor (VET) is a blockchain with the posited goal of solving real-world economic problems. VeChain leverages the Proof of Authority (PoA) consensus mechanism. PoA is a Byzantine Fault Tolerant probabilistic consensus mechanism based on HotStuff, which relies on Authority Masternodes (AM) associated with verified identities. VET is up by more than 8% so far today and is currently trading at $0.02398.

KuCoin Lets Businesses Send Stablecoins via Redeemable Gift Cards
Next article KuCoin Lets Businesses Send Stablecoins via Redeemable Gift Cards
OKX Banner

Author

Read Hassan Maishera's articles →
Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.

Editorial Standards Corrections & Retractions Policy About
Follow us on Google News
Cybet Banner
OKX Banner