Review on VeChain by Danh Huỳnh Ngọc Công
VeChain has great potentials and this is early recognized by the mass for its…
VeChain has great potentials and this is early recognized by the mass for its great progress. The solutions VeChain provides is also a big plus. The project is also one of the few exchanges backed by China government. However, it is not truly decentralized. The marketing team has limited ability and there are many competitors in the field
Updated 6 years ago
Rating has not been changed
Positive points: Holding Vechain for the long terms, holders will receive Vthor token in their balance. Vthor price may go as high as GAS token on NEO exchange if there are ordinary developments from the team behind it
Pros
- - VeChain is the leading blockchain project of supply chain management - VeChain has its own consensus algorithm called Proof of Authority, a combination of old world centralization and technological enhancement. - Block time and transaction speed are more advanced than old blockchain. It is reported to reach 10 000 TPS - VeChain blockchain are ready for enterprise purpose - Having great partnership with China government and other big organizations including BMW, Oxford University, Michigan State University, PricewaterhouseCoopers, and DNV GL.
Cons
- - Huge supply - Centralization - PR team has not much experience - Many competitors
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Comments (1)
May 14, 2020
Wao this amazing you make me interested in Vechain by given full explanations on it, mean while the pro and cons enable me to know the limitations of which I can be rest a sure of Vechain thank you for the good messages.
