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.
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?”
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?
— Cryptosaur ⓥ (@Cryptosaur5) February 5, 2021
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.
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.
well said. https://t.co/hnpfYY5ZzA
— Sunny LU, VeChain Ⓥ (@sunshinelu24) February 6, 2021
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.
HeraldSheets.com produces top quality content for crypto companies. We provide brand exposure for hundreds of companies. All of our clients appreciate our services. If you have any questions you may contact us. Cryptocurrencies and Digital tokens are highly volatile, conduct your own research before making any investment decisions. Some of the posts on this website are guest posts or paid posts that are not written by our authors and the views expressed in them do not reflect the views of this website. Herald Sheets is not responsible for the content, accuracy, quality, advertising, products or any other content posted on the site. Read full terms and conditions / disclaimer.