VeChain WhitePaper 2.0

VeChainThor is a public blockchain that is designed for mass adoption of blockchain technology by business users of all sizes. It is intended to serve as the foundation for a sustainable and scalable business blockchain ecosystem.

From a technical point of view, the VeChainThor blockchain is built upon existing proven blockchain innovations and novel technologies that are created for achieving mass adoption. These technologies include the Proof-of Authority (“PoA”) consensus algorithm, meta transaction features, protocols of transaction fee delegation, on chain governance mechanism, built-in smart contracts as well as tools for developers.

 

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