VeChain

VeChain is a Layer 1 enterprise-grade blockchain platform focused on supply chain management, sustainability tracking, and real-world business applications. The platform uses a unique dual-token model: VET serves as the value transfer and staking token, while VTHO is generated by holding VET and is used to pay for transaction fees. VeChain employs a Proof of Authority consensus mechanism with 101 Authority Masternodes selected through a rigorous identity verification process, ensuring high th...

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