VeChain Upgrades to Delegated-Proof-of-Stake, Enhancing Decentralization
Update: 2025-12-09
Description
VeChain Unveils Major Upgrade: Transitioning to Delegated-Proof-of-Stake for Greater Decentralization and RewardsVeChain, a blockchain platform, has announced a significant upgrade, marking the second phase of its Hayabusa initiative. This update shifts from Proof-of-Authority to Delegated-Proof-of-Stake, opening validator roles to everyone, aiming for increased decentralization. The new system also changes reward distribution, with all VeThor rewards now going to stakers, potentially increasing individual yields and reducing token supply, enhancing long-term value. This upgrade is part of VeChain Renaissance, a larger technical roadmap involving network improvements, developer tools, and updated reward models. VeChain also emphasizes real-world applications, with over five million users engaging with its ecosystem and partnerships with companies like Lululemon and Rekord.
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