VeChain has announced the integration of VIP-22 with the VeCh | Apecoin_VeChain_Elrond
VeChain has announced the integration of VIP-22 with the VeChainThor (VET) mainnet
VeChain has announced that it will hold an all-stakeholder vote regarding the integration of VIP-22 with the VeChainThor (VET) mainnet. If implemented, the network would upgrade to Proof of Authority 2.0. The vote will take place on the upgraded voting platform, VeVote, on October 20th. Proof of Authority (PoA) uses blockchains to execute transactions relatively quickly through a consensus mechanism based on identity as a stake. As per an earlier announcement, the blockchain’s scalability will allow it to handle increasing demand. Finality will allow the network to quickly protect hashed data.
