VeChain (VET) Declines 5.3% While It Has Created 10 Million Blocks Without Downtime – Own Snap

Today, VeChain cryptocurrency is at $0.119115, accounting for a 5.3% decrease. This is a far cry from its April 19 peak of $0.260787. This cryptocurrency, on the other hand, has a decent possibility of doing well throughout the remainder of the year. In fact, as of July 19, it appears to have bottomed out at 5.783 cents. It was 1.9 cents as of December 31, 2020. As a result, VeChain coins have gained more than 600% year to date. VeChain crypto was 1.2 cents each token a year ago. That implies it’s increased by a factor of ten from a year ago. VeChain supply chain management platform has reached an important milestone in terms of uptime and processed blocks in the main VeChain Thor network. On September 1, the VeChain Foundation published this achievement in its Twitter feed, adding that it is “an important milestone that testifies to the scalability, security and impeccable stability of our public blockchain”.The VeChain Thor network has exceeded 10 million blocks and at the time of writing was processing block number 10 005 542. By comparison, Bitcoin has recorded 99.98% uptime since January 2009, according to Bitcoin Uptime Tracker on Buy Bitcoin Worldwide.

Finance and Business Reporter

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