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VTHO

VeChainThor

$0.002500
0.28%
Open
-
High
-
Low
-
Vol.
-
coindesk-loading-spinner
1H
24H
7D
1M
1Y
All
Market Cap. #194
$222,833,808
Volume (24h) #407
$4,882,972
Supply (Circ. / Total / Max)
89.13B / 89.13B / ∞
Launch Date
2018-09-30
Built On
VET
Token Standard
VIP180
Smart Contract Address
0x0000000000000000000000000000456E65726779
Decimal Places
18

VeChainThor Price Converter

VeChainThor

VeChainThor Information

Resources

WebsitesWebsiteWhitepaperBlog
Code Repositoriesgithub.com/vechain/thor
Hashing Algorithms
Industries
Platform
Cross-Chain Infrastructure
Communitieswww.reddit.com

VeChainThor Supported Platforms

VTHOVIP180VET0x0000000000000000000000000000456E657267792018-08-04

About VeChainThor

VeChainThor (VTHO) is a secondary token of the VeChainThor blockchain, used as “gas” for transactions and smart contract execution. It’s generated by holding VeChain Tokens (VET). The VeChainThor platform, founded by Sunny Lu and Jay Zhang, is a blockchain system for enterprise use and supply chain management. It enhances supply chain processes by ensuring product authenticity, traceability, and quality. The platform features multi-party payments and controllable transaction lifecycles for business flexibility and efficiency. While VET is staked and held for value, VTHO is used for operational activities, decoupling usage cost from market speculation.

VeChainThor (VTHO) Token: VTHO, or VeChainThor Energy, is the native secondary token of the VeChain blockchain. While VeChain Token (VET) is the primary token used for value transfer, VTHO represents the underlying cost of using the VeChainThor blockchain and serves as the "gas" or energy used to power transactions and smart contract execution.

VeChainThor Platform: The VeChainThor platform is a blockchain system tailored for enterprise use and supply chain management. By leveraging blockchain technology, VeChainThor aims to enhance supply chain processes, ensuring the authenticity, traceability, and quality of products. The platform incorporates features like multi-party payments and controllable transaction lifecycles to provide flexibility and efficiency for businesses.

VTHO is intrinsically generated by holding VeChain Tokens (VET) and is consumed as energy or "gas" for transactions and executing smart contracts on the VeChainThor blockchain. This dual-token system ensures that while VET can be staked and held for value, VTHO can be used for operational activities, helping to decouple the cost of usage from market speculation.

VeChainThor (VTHO) is part of the VeChain platform, which was founded by Sunny Lu and Jay Zhang. Sunny Lu also serves as CEO of the company.
VeChainThor (VTHO) Price | VTHO to USD Price and Live Chart