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Review on VeChain by manhatan davistrue
VeChain foundation introduced a two-coin system, namely, VET and VeThor. This…
VeChain foundation introduced a two-coin system, namely, VET and VeThor. This has been done to provide stability, longevity, and flexibility. It will also help in the prevention of transactional fees being directly exposed to the volatility in the price of VET, and making the VeChainThor blockchain more suitable to conduct financial/business activities in terms of both, government users and ordinary enterprises.
Pros
- VeChain is a blockchain platform with a major focus on supply chain management, smart contracts, and financial services. VeChain is evolving to become a scalable and reliable platform. It aims to build a strong distributed business environment that works without a central authority.
Cons
- I know one of the big cons I see is that the code is closed source. Closed source usually has more bugs/issues because less eyes are able to look at it. This is VERY speculative but I am a bit worried of a hack near main release.
