The VeChain team announced via X on Wednesday that its tokens, $VET and $VTHO are now supported on the Ledger Live application. Thanks to this latest development, VeChain users can now send and receive VET and VTHO tokens within the secure confines of Ledger's ecosystem.
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 1% so far today and is currently trading at $0.04292.