VeChain (VET) is a versatile enterprise-grade L1 smart contract platform.
VeChain began in 2015 as a private consortium chain, working with a host of enterprises to explore applications of blockchain. VeChain would begin their transition to public blockchain in 2017 with the ERC-20 token VEN, before launching a mainnet of their own in 2018 using the ticker VET.
VeChain aims to use distributed governance and Internet of Things (IoT) technologies to create an ecosystem which solves major data hurdles for multiple global industries from medical to energy, food & beverage to sustainability and SDG goals. By leveraging the power of trustless data, VeChain is building the digital backbone that will underpin the fourth industrial revolution, which demands real-time and trustless data sharing between many participants.
The platform uses two tokens, VET and VTHO, to manage and create value based on its VeChainThor public blockchain. VET generates VTHO and acts as the store of value and value transfer medium. VTHO is used to pay for GAS costs, separating the need to expend VET when writing data. This has the additional benefit of ensuring costs of using the network can be kept stable by tweaking certain variables such as the amount of VTHO required to service a transaction, or by increasing the VTHO generation rate. Such actions first require all-stakeholder community votes.
VeChain began in 2015 as a private consortium chain, working with a host of enterprises to explore applications of blockchain. VeChain would begin their transition to public blockchain in 2017 with the ERC-20 token VEN, before launching a mainnet of their own in 2018 using the ticker VET.
VeChain aims to use distributed governance and Internet of Things (IoT) technologies to create an ecosystem which solves major data hurdles for multiple global industries from medical to energy, food & beverage to sustainability and SDG goals. By leveraging the power of trustless data, VeChain is building the digital backbone that will underpin the fourth industrial revolution, which demands real-time and trustless data sharing between many participants.
The platform uses two tokens, VET and VTHO, to manage and create value based on its VeChainThor public blockchain. VET generates VTHO and acts as the store of value and value transfer medium. VTHO is used to pay for GAS costs, separating the need to expend VET when writing data. This has the additional benefit of ensuring costs of using the network can be kept stable by tweaking certain variables such as the amount of VTHO required to service a transaction, or by increasing the VTHO generation rate. Such actions first require all-stakeholder community votes.
VeChain is leading the Real World Asset class of cryptocurrency, it is definitely going to the moon ole boy!
by VeThorVendetta December 4, 2024
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Noun
A sentimental longing or wistful affection for a life, experienced in the imagination through the feelings or actions of another person that never existed.
Noun
A sentimental longing or wistful affection for a life, experienced in the imagination through the feelings or actions of another person that never existed.
by Vicariousity_ February 24, 2025
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by Saala May 16, 2025
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Get the Vachan mug.When you didn’t go through a trauma but someone close to you did, so you are traumatized because they trauma dumped on you.
This relates to trauma being a factor of shock or unexpected outcomes, when things are not seen coming, they take more tact to adapt to.
This may or may not relate to people being in narcissistic states after going through a traumatic event initially.
See example:
This relates to trauma being a factor of shock or unexpected outcomes, when things are not seen coming, they take more tact to adapt to.
This may or may not relate to people being in narcissistic states after going through a traumatic event initially.
See example:
Prom is a trap! I heard about Cindy getting dumped after giving up her v-card so I’ll be waiting until marriage, I’m vicariously traumatized!
by anonymous December 6, 2025
Get the vicariously traumatized mug.When you didn’t go through a traumatic event first hand, but someone close to you did and they trauma dumped on you, so now you’re in fear of the same thing happening to you.
This relates to how unexpected outcomes require more tact to recover from than outcomes we prepare for.
This may or may not be related to the narcissist nature the brain is left in from an initial traumatic event- sort of like a ripple impact of trauma until one transmutes the cycle
This relates to how unexpected outcomes require more tact to recover from than outcomes we prepare for.
This may or may not be related to the narcissist nature the brain is left in from an initial traumatic event- sort of like a ripple impact of trauma until one transmutes the cycle
Prom is a trap! Ever since I heard Cindy got dumped after giving up her v-card I’ll be waiting until marriage, I'm vicariously traumatized!
by sound recollection December 6, 2025
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