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Review on VeChain by Vo Thu

Revainrating 4 out of 5

VeChain has quickly risen to the upper rungs of the cryptocurrency ladder by…

VeChain has quickly risen to the upper rungs of the cryptocurrency ladder by market capitalization and newsworthiness.
VeChain foundation introduced a two-coin system, namely, VET and VeThor. This has been done to provide stability, longevity, and flexibility. VeChain has quickly risen to the upper rungs of the cryptocurrency ladder by market capitalization and newsworthiness.

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Pros
  • Vechain (the VEN symbol) is a platform that allows chain expansion with special capabilities to enhance processes related to supply chain management. It differentiates itself technologically both by having a centralized, top-down development process as opposed to the open contribution model favored by other cryptocurrencies and by using Proof-of-Authority.
Cons
  • Over a roughly 3 year history, needless to say, VeChain, through its various iterations, all of which include some participation of Sunny Lu, VeChain has proven itself a valid and likely candidate for more stringently regulated companies as well as government agencies considering blockchain ventures. Strong competition in both supply-chain and enterprise dApps fields. ( WTC, TRAC, WABI, NEO, ETH, EOS, QTUM ), VET also benefits from an active and creative user community, where users come together and discuss ideas, Great team and community no problems.

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