Discover and read the best of Twitter Threads about #vechain

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#VeChain X $VTHO 1/8
Blockchain technology is a certain way to store data.

In order to store data on the VeChainThor blockchain you need VTHO to pay the transaction costs.

The Authority Nodes (“miners”) will receive 30% of these transaction costs, 70% will be burned.
#VeChain X $VTHO 2/8
Walmart, Givenchy, DNVGL, PwC, BYD, San Marino, Deloitte and everyone else who wants to use the VeChainThor blockchain needs to pay the Authority Nodes VTHO to store their data. There is NO way to use the blockchain without paying VTHO.

So where is $VET
#VeChain X $VTHO X $VET 3/8
We need to know the origin of VTHO to answer this question.

Facts
- Every $VET generates a certain amount of $VTHO/block.
- $VTHO has a certain value in Dollar, based on supply/demand.
- So, $VET generates a certain amount of value in Dollar/block.
Read 8 tweets
0/ Before the arrival of the weekend, we had a spate of news related to the #cryptocurrency and #blockchain ecosystem.

Keep reading to get up to speed on the latest goings-ons from the past day or so. You ready?
1/ 🆕 The team over at @ParityTech launched the alpha version of its Parity Fether wallet for the #Ethereum.

Fether uses the Parity Ethereum light client to access the #blockchain, as opposed to most #crypto wallets that are reliant on a centralized node. medium.com/paritytech/par…
2/ 🌊 After 4 full source-code rewrites, @PerlinNetwork [ $PERL ] unveiled the pre-alpha version of Wavelet.

It's the *first* publicly available, open, permissionless ledger that makes use of a DAG-based consensus protocol. Check it! medium.com/perlin-network…
Read 31 tweets
0/ Having trouble staying on top of all the latest in the world of #crypto and #blockchain? I've got you covered. Well, at least for the last 24 hours or so 💁‍♂️

Let's get this thread going shall we.
1/ 📝 @DPRating published the September edition of its #GitHub Audit, rating more than 200 #crypto and #blockchain projects.

Teams that ranked disproportionately well included @Raiden_Network [ $RDN ], @NulsService [ $NULS ], @ParticlProject [ $PART ], and @POANetwork [ $POA ].
2/ ♻️ @PowerLedger_io [ $POWR ] introduced Asset Germination Events (AGEs), furthering the utility of its native #crypto token.

AGEs will allow people to invest in and co-own energy assets. More details to come via a Friday AMA. medium.com/power-ledger/p…
Read 24 tweets
$VET +30% today on a #VeChain announcement about a supply chain vaccine tracing solution for China. Would anyone have a link for the actual announcement and/or confirmation from the relevant government agency?

nasdaq.com/article/vechai…
Blockchain projects generally have a solid track record for rallying on misleading or unfounded announcements.
Even if the VeChain blockchain where used to track every vaccine and medication in China, that may still not suffice to justify a $900 million market cap. Food for thought.
Read 3 tweets
We purchased a box of this Dole sweet corn. 🌽 Very tasty! Got me thinking:

Can #Blockchain technology really help with supply chain traceability & authenticity of goods?
- Is this corn packaged by Dole?
- Is it really from stated country of origin?
- Really non-GMO & organic?
My thoughts about whether the so-called #Blockchain technologies can be applied to #RealWorld activities:

Regarding this box of corn, in terms of it being: genuine, nutritious, organic, non-GMO, from stated country, unspoiled & safe to eat: Who am I solely & implicitly trusting?
A hint for the correct answer? Apply the same questions above & tell me about this @LouisVuitton handbag.

Do I trust the brand, manufacturer, selling merchant, or delivery person?
Can #Blockchain technology actually help with authenticity & supply chain transparency? Not really!
Read 5 tweets

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