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VeChainThor Completes POA2.0 Upgrade

• The VeChain Foundation announced the successful upgrade of the VeChainThor blockchain to ‘Proof of Authority 2.0’ (PoA2.0) occurred on the 17th of November at 8:10 GMT (block height 13815000).
• PoA2.0 is a protocol-level upgrade that introduces finality as well as additional security mechanisms, to VeChainThor. It combines the strengths of Nakamoto and Byzantine Fault Tolerance (BFT) architectures while eliminating their individual weaknesses to solve scalability or data finality problems in the blockchain industry.

Unleashed XP.NETWORK’s Cross-Chain NFT Bridge Goes Live

• 24th of February, 2022

Signed a Multi-Year Marketing Partnership With UFC

• VeChain Foundation has signed a multi-year marketing partnership with UFC worth nearly $100 million, becoming the UFC’s first-ever Layer 1 blockchain partner. It is reported that VeChain’s brand is incorporated across multiple UFC marketing assets and reaches an estimated 900 million households who watch the events worldwide.

Introduce VeUSD

• VeChainThor’s First Stablecoin 

Announce VeVote for PoA 2.0 Phase 1 

• Official Implementation on VeChainThor Mainnet

Announce One Million USD Grant Program 

• Grant for the VeChain eNFT Ecosystem

Announce VeChain Sync 2

• Designed for compatibility with all mainstream web browsers, increasing accessibility of DApps
• Simplification of DApps and DApp usage through a consistent user experience across different OS and devices

VeChain Governance Charter

• Specified the scope of fundamental subjects that require all stakeholder to vote
• Redefined the categories of stakeholders with voting authority as Authority Masternode, Economic X Node, and Economic Node
• Adjusted the voting authority model according to the new stakeholder categorization
• Streamlined stakeholder voting procedure
• Introduction of the VeVote platform

VeChainThor Mainnet Launch