Wednesday, May 5, 2021

Can VeChain’s Code Be Replicated by Pirates? VeChain Chief Scientist Answers, Sunny Lu Corroborates

Peter Zhou, the chief scientist at VeChain (VET), has stated that the code of the leading enterprise blockchain platform can be replicated, but may become impossible for pirates to set up a mission for mass adoption in the best way as does by VeChain’s dedicated team of developers.

The question came about after a supposed VeChain community member acknowledged Proof-of-Authority (PoA) 2.0 as a vital headway for the blockchain project.

Read Also: VeChain Is Involved In the Newly Launched Blockchain by the Enterprise Singapore and Singapore University of Social Sciences

The user tweeted, “PoA 2.0 might just be the catalyst”. In turn, Zhou responded as a sign that he agreed with the fact that PoA 2.0 is a huge success for VeChain blockchain, hence the question from another community member.

“Do you think that what Vechain is doing could be easily replicated by others or not? In other words, is there a technical barrier to entry?”

VeChain’s Code Can Be Replicated, Not Its Push for Mass Adoption

As seen above, the community member asked if there is a possibility for pirates to copy VeChain’s code for their personal interests.

Read Also: VeChain (VET) Wins Innovative Green Technology Award at China Green Economy Summit 2020

In response, Zhou pointed out that the code can be replicated by anyone or a group of people because VeChain is open-sourced, but the team’s hard work to push for the mass adoption of VeChain may be difficult for anyone to copy.

Peter Zhou responded, “Good question. VeChain is open sourced. Nothing can stop ppl from replicating our code. What makes it hard is to set up a mission for mass adoption, one of the hardest, find a dedicated team, work hard, and have an amazing community believing and supporting you like #VeFam.”

Sunny Lu Corroborates Peter Zhou’s Response

On 6th February, Sunny Lu, the CEO of VeChain (VET), weighed in, indicating that Peter Zhou’s answer to the important question is appropriate.

Read Also: US-Based Health Firm Adopts VeChain (VET) To Combat Supplement Counterfeiting

VeChain (VET) Would Welcome Proof-of-Authority (PoA) 2.0 In 2021

As reported by Herald Sheets, Proof-of-Authority (PoA) 2.0, the consensus algorithm designed to optimize the VeChain blockchain, is expected to launch this year.

This was shared by Peter Zhou in a tweet on 4th January 2021. In the tweet, Zhou stated that there is now a headway to the implementation of the much-awaited upgrade.

Follow us on Twitter, Facebook, Telegram, and Download Our Android App.

Solomon Odunayo
Solomon has a growing passion for writing, this propelled him to keenly work on Eagles News Media for about two years before delving into the cryptocurrency and Blockchain industry he finds more interesting. He worked as a crypto Journalist and Editor at NewsLogical before joining Herald Sheets, owing to the priceless experience he has accumulated since he became a contributor in the crypto community.

Related Articles

Latest Articles