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Review on VeChain by Aistel Steven
While most Blockchain projects focus solely on technological breakthroughs…
While most Blockchain projects focus solely on technological breakthroughs (such as scalability, interoperability, etc.) to promote mass adoption, VeChain has identified the barriers to mass adoption as more than just technology, including governance, economic model, an ecosystem, the ability to comply with regulations and changes.
The result of this holistic approach is the VeChainThor Blockchain. Where Bitcoin was the 1st Gen Blockchain, Ethereum was the 2nd Gen Blockchain, and most new platforms are third generation Blockchain projects. VeChain sees itself not only as a 3rd Gen project, but also as 4th, 5th Gen and more Other words Blockchain X.
Pros
- VeChain was the first blockchain project to make a deal with the Chinese government. It is also the first blockchain project to have created the first accredited cryptocurrency disaster recovery plan with the support of its partner PriceWaterhouseCoopers
Cons
- Unlike Neo's GAS , the Thor tokens will have a stable value. So if you have been investing in GAS, you would know that GAS price has risen a lot which makes VET Thor token bad for investment.
