Because of the correlation with blockchain resource utilization, the cost is more predictable with the monitoring of the VTHO supply and demand. Vechain has a two-token system(VET+VTHO), which helps to separate the cost of using blockchain from market speculation. Transaction Dependency: Set dependencies to ensure the execution order meets the business need, transactions that specify a dependency will not be executed until the required transaction is processed.Multi-task Transaction (MTT): Multi-function atomic transactions allow developers to batch payments, add multiple calls to different contract functions into one transaction and determine their sequence.Fee Delegation: Flexible transaction fee delegation schemes (Multi-party Payment and Designated Gas Payer) enable a freemium model within a decentralized application to onboard users without friction.
Controllable Transaction Lifecycle: With BlockRef and Expiration transaction fields, users can set the time when the transaction is processed or expired if not being included in a block.Jay Zhang in charge of global corporate structure, governance, and financial management. Sunny Lu is an IT executive, formerly CIO of Louis Vuitton China. VeChain is co-founded by Sunny Lu and Jay Zhang. VEN has changed to VET at a rate of 1:100, VET is to serve as a value-transfer medium, to enable rapid value circulation within the VeChainThor ecosystem. VeChainThor blockchain is built on existing proven blockchain innovations and novel technologies, such as 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. The VeChainThor is a public blockchain, aims to help all enterprise users to adopt blockchain technology. You can find Vechain Price at . CoinCarp(CC) provides Crypto Price Tracking, Exchange Ranking, Crypto Wallet Ranking, Crypto Data Analysis, and Crypto News & Information. In order to explore addresses and transactions, you may use block explorers such as It has a circulating supply of 72.51Bil VET coins and a max supply of 86.71Bil. VET price is down -5.27% in the last 24 hours. Vechain price today is $0.0238 with a 24-hour trading volume of $79,116,082.