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Kwara, Ilorin
4 Level
410 Review
3227.25 Karma

Review on VeChain by Killer Bean

Revainrating 4 out of 5

Vechain- the cryptocurrency that aids business processes...

It was started in 2015, launched in 2017 and renamed in 2018, Vechain is a top cryptocurrency platform that is now used by major business to enhance the business processes and even supply chain management. It presently costs 0.02$. By streamlining information flow with the use of distributed Ledger technology, Vechain brings about transparency and efficiency to transactions. It was created from ethereum codebase, it's an altcoin. One aim of Vechain is to combine, businesses, smart contracts with a crypto system to ensure transparent information movement. With the help of advanced technology, Vechain seek to makes lives of users easier. It makes use of the Proof of Authority Protocol. It allows for voting by users by giving it users voting power VET Blockchain. Vechain tokens can be supported and stired on a wallet like Trezor One Hardware wallet. Sadly, mining Vechain token, VET, is not possible it can only be bought through various exchanges platform

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Pros
  • It uses the proof of authority protocol
  • Its gives users voting power
Cons
  • its token can not be mined

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