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VECHAIN NEW BLOCKCHAIN 2.0 COULD PUMP THE PRICE



The new testnet started with a changed consensus mechanism. This is intended to scale the VeChain blockchain significantly more. The update is called SURFACE or POA 2.0. During the update, it is important not to allow any data loss and, at the same time, to enable high scaling. This should make the applications accessible to the general public.

Changed consensus mechanism with more efficiency

In detail, two types of consensus were integrated into one. This development is seen as a first in the crypto world. This is intended to benefit from the strengths of the two mechanisms while at the same time eliminating the disadvantages of both. Therefore, the VeChain News from POA 2.0 is to be regarded as an innovative further development of the original blockchain technology.

In the first phase, a kind of safeguard for certain unpredictables is to be implemented. If data were to be lost during the changeover, this function would back up the data. After that, the security of the VeChain blockchain will also be significantly increased. As soon as the approval of all shareholders has been obtained, the testnet will be implemented in the mainnet.

VeChain has already created many different use cases in the real world for VET in the last few months.

VeChain News could boost the price

The VeChain News was first published about a month ago. Now decisive steps have been taken towards the early integration into the mainnet. The price can also benefit from current technical developments. Since the announcement, VeChain's price has risen inexorably.

A clear upward trend can be seen in the last few weeks. This was started with the announcement of the new blockchain with bundled consensus mechanisms. The risk of FOMO development is very likely. If you missed the train, you might not want to buy the top of the course, but wait for cheaper entry points.

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