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Cryptocurrency News Video

Discover the Vethor Token (VTHO)!

Feb 04, 2025 at 06:36 pm Cryptomonnaies Explication Par IA

What is the Vethor Token (VTHO)? The vethor token is one of the two tokens used on the Vechainthor public blockchain. Vechain was launched in 2015, but he was the subject of a brand overhaul process in 2018. While the vechain Token (VET) is the native token of the platform, the vethor token (VTHO) plays a role Essential in the overall functionality of blockchain. The vethor is a token with VIP-180 standards, which represents the cost of using the Vechainthor blockchain. Its main objective is to facilitate processes and transactions on blockchain. It essentially represents the layer of intelligent network contracts. Who are the founders of the vethor token? Sunny Lu is the founder and CEO of Vechain. His professional career was hectic. In 2009, Sunny Lu took the post of computer manager of Bacardi China. A year later, he turned to the fashion world by occupying the position of technical director of Louis Vuitton China. In 2014, he went to the company's IT sector, becoming the IT director of the Chinese division. A year later, in 2015, Vechain's idea was born. Sunny Lu founded the company. At the start, Vechain was a subsidiary of one of the largest pillars in the Chinese Blockchain industry - Bitse. Later, Sunny Lu left Bitse and Vechain became a full -fledged company. In 2018, the company went through an important rebranding process, which gave rise to the creation of the Vechainthor blockchain and the vethor token. What makes the vethor token unique? The vethor token (VTHO) is unique since it is a token with VIP-180 standards. Although the Vechain Token (VET) acts as a main value transfer token, VTHO is also an inseparable element of the functioning of Vechainthor. This Double token Blockchain concept allows traders to participate in the network with the two tokens, thus diversifying their involvement in the project. The Vechainthor blockchain benefits from increased treatment speed and open-source design which allows developers to group their efforts. In addition, Vechainthor has developed meta-transaction features that allow participants to organize multi-partial payments and multi-field transactions. This versatility allows companies of all levels to take advantage of the capacities of a blockchain. The Vechainthor network also takes advantage of its double token design, since transactions and intelligent contracts are executed thanks to the VTHO token, which is not directly linked to the VET market value.
Video source:Youtube

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