VeChain will lead the blockchain market in 2022 and beyond – P | Apecoin_VeChain_Elrond
VeChain will lead the blockchain market in 2022 and beyond – Proof of Authority 2.0
Blockchain technology is completely revolutionizing the way in which data transfer happens in a secure and decentralized manner. However, as more and more users onboard on the blockchain, the technology faces challenges in terms of scalability and instant settlements. One of the major trade-offs with the traditional blockchain architecture is to maintain a balance between high throughput/scalability and having instant finality. With Proof-of-Authority (PoA) 2.0, VeChain seems to solve this issue once and for all. In their latest announcement. VeChain noted that the PoA 2.0 protocol upgrade is a significant step in making “it the preeminent smart contract platform for enterprises.
