[ccpw id="39382"]

HomeCrypto NewsMarketVeChain Removes Transaction Fees For dApp Users

VeChain Removes Transaction Fees For dApp Users

Date:

Written By:

 

Crypto project VeChain is making upgrades to its platform to drive mass adoption.


- Advertisement -

VeChain, a flexible enterprise-grade L1 smart contract platform, just recently announced that it hit another milestone within its ecosystem. Using VeChain Fee Delegation as a leverage point, the platform has already sponsored over 2 million VTHO, making it possible for artists, collectors, and projects to engage with one another and grow together.

The blockchain platform added that it eliminated the requirement of paying transaction fees for users of decentralized applications (dApps) and solved one of the most significant problems inhibiting widespread blockchain adoption, creating space for widespread adoption.

“We’ve removed the need for dApp users pay transaction fees & tackled one of the biggest challenges facing mainstream adoption of blockchain.”

- Advertisement -

Vechain’s CEO also admired the upgrade.

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

-Advertisement-

Author

Mark Brennan
Mark Brennanhttps://thecryptobasic.com/
Mark Brennan has been active in the cryptocurrency sector since 2014. His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. Brennan, who holds a Masters degree in Business Administration, learned about the potential of blockchain technology. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class.

More from Author

Latest Stories

Guides