VeChain has introduced its Proof of Authority (PoA) 3.0 upgrade, aimed at enhancing network decentralization and security.
New Features of PoA 3.0
A key feature of the upgrade is the increase of validator nodes to 101, improving network security and resilience. The removal of mandatory KYC for staking participation opens the network to a broader audience.
Economic Nodes: Lower Barriers
The new economic node tier structure reduces staking thresholds, allowing a wider range of users to participate in network security, enabling delegation to validating nodes.
Governance Enhancements and Future Prospects
Looking forward, VeChain focuses on improving user experience and network utility, including the development of the V World wallet and decentralized governance models through the VeBetter DAO.
The PoA 3.0 upgrade strengthens VeChain's position as a secure and scalable blockchain solution, emphasizing commitment to decentralization and user empowerment.
