VeChain Thor Mainnet reaches 10 million blocks with no downtime: should you invest?

VeChain Thor Mainnet reaches 10 million blocks with no downtime: should you invest?
фото показано с : invezz.com

2021-9-4 20:58

VeChain VET/USD is a blockchain platform created with the goal of improving supply chain management. It wants to streamline these processes, and flow of information to complex supply chains through distributed ledger technology.

The 10 million block milestone as a catalyst for growth 

On September 1, the VeChain Foundation announced that the mainnet reached 10,000,000 blocks without downtime, an event that marked a high milestone that is a testament to their public blockchain’s scalability, security, and stability.

As a point of comparison, we can look at Bitcoin, which recorded a 99.98% uptime since January 2009.

According to the foundation, there are also major updates throughout the pipeline, including Proof-of-Authority 2.0 and many other partnerships and use-cases and community dApps.

This is important because VeChain uses Proof-of-Authority (PoA) to enable the network to process high-speed transactions based on identity and reputation through the usage of 101 authority nodes through which it reaches consensus.

Should you invest in VeChain (VET)?

On September 3, VeChain (VET) had a value of $0.141.

Let’s take a deeper dive into the growth patterns of VeChain (VET) by taking a look at its all-time high value as well as its performance in August.

VeChain (VET) had its all-time high value on April 19, worth $0.280. This makes the all-time high value 98% higher than the value on September 3.

VeChain (VET) saw its lowest point on August 3, where the token dropped to a value of $0.083.

The highest point of the month was achieved on August 16 where the token rose to $0.143 in value. Here we can see that the token grew in value by 72% throughout the span of the month.

Given this exceptional milestone, we can see that the VeChain mainnet is extremely stable, which can drive the value of the token up even further as more people as well as investors transition to it.

As the world adapts to blockchain technology, supply chain management will play an essential role in the growth of the VET token, and as such, we can expect its price to grow to $0.183 by the end of September, which makes it a worthwhile investment.

The post VeChain Thor Mainnet reaches 10 million blocks with no downtime: should you invest? appeared first on Invezz.

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supply vechain wants streamline management chain these

Источник: invezz.com

supply vechain → Результатов: 87


Фото:

VeChain (VET) and Avery Dennison Intelligent Labs Showcase “Blockchain + IoT” Supply Chain Solutions

In a Medium post published on July 30, 2020, supply chain-focused blockchain project VeChain (VET) announced it had joined forces with Avery Dennison Intelligent Labels to attend the 14th International Internet of Things Exhibition 2020 (IOTE) held in Shenzhen, China to showcase a jointly developed blockchain-enabled food supply chain solution.

2020-7-31 21:00


Фото:

German Government Recognizes VeChain’s Drive to Improve Traceability and Supply Chain Management

Considering the massive strides VeChain has made in the last few years, the recognition by a Germany’s Federal Office for Information Security (BSI) in a recent report is a major shot in the arm.   VeChain, EOS, Corda Stand Out The BSI is Germany’s national cybersecurity authority in charge of managing computer and communication security inRead MoreRead More.

2020-6-10 19:00


Фото:

VeChain (VET) Partners U.S. Startup to Verify Authenticity of 200K KN95 Masks

Real Items, an online marketplace focused on promoting supply chain transparency and consumer protection with VeChain’s (VET) blockchain technology, has announced that it is collaborating with Tricol Group, makers of protective masks, to integrate VeChain NFT into over 200,000 KN95 masks to enable buyers to prove its origin and authenticity, according to reports on AprilRead MoreRead More.

2020-4-9 19:00


Фото:

VeChainThor (VET) v1.3.0 Upgrade Launches with Better Performance and Efficiency 

VeChain (VET), a distributed ledger technology (DLT) project that claims to be focused on enhancing supply chain processes, has announced that it’s version 1. 3. 0 update is now live. VeChain says the latest release is the most significant update since the launch of its mainnet and it offers users better performance, efficiency and more, according toRead MoreRead More.

2020-2-19 18:00


Фото:

BMW Presents Blockchain-Based Odometer Fraud Prevention App VerifyCar Developed With VeChain

At the VeChain Summit 2019 on April 18, 2019 in San Francisco, Cihan Albay, the IT leader at BMW Group Asia’s Tech Office in Singapore, presented the firm’s VerifyCar app, a “vehicle digital passport on the blockchain” which it developed in collaboration with VeChain, a blockchain startup focusing primarily on supply chain management.

2019-4-27 16:47


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