Meta-transaction features native to VeChain Thor blockchain’s core protocol, such as multi-party payment, multi-task transaction, controllable transaction lifecycle, transaction dependency, make the development more user-friendly for enterprise adoption.
With transaction field Clause, applications can easily carry out multiple tasks in a single transaction.
With transaction field DependOn, applications can swimmingly set the dependency to ensure the execution order meets the business need
PROOF OF AUTHORITY
Authority Masternode Operators, with the aligned interest in the development of VeChain ecosystem, maintain the VeChainThor protocol according to the Foundation's governance policy. PoA addresses enterprise' common concerns of inefficient upgrade and waste of energy.
Low computation power required to achieve the network security and consensus integrity
Controlled via the built-in smart contract, hard forks can be avoided in case authority mastemodes fail to upgrade
All Authority Masternode Operator identities are strictly verified by the Foundation
A few of the Authority Masternode Operators
The unique two-token system (VET+VTHO)significantly helps separate the cost of using blockchain from market speculation. Due to the correlation with the blockchain resource utilization, the cost is more predictable with the monitoring of the VTHO supply and demand. In addition, Foundation's governance mechanism further stabilizes the cost.