VeChain’s long-awaited VIP-220 is finally live on a private testnet, the VeChain Foundation’s official Twitter handle said on Tuesday. The community considers this a massive step towards achieving a Proof-of-Authority 2.0 consensus mechanism. The announcement saw VET, the blockchain’s native token, jump 7% to $0.02414 in the past 24 hours. Why IS VIP-220 A Big
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