VeChain (VET), a distributed ledger technology (DLT) project that claims to be focused on enhancing supply chain processes, has announced that it’s version 1.3.0 update is now live. VeChain says the latest release is the most significant update since the launch of its mainnet and it offers users better performance, efficiency and more, according to a Twitter post on February 18, 2020.
VeChain (VET) Entropy v1.3.0 Now Live
Since the launch of the VeChainThor mainnet earlier in June 2018, the project has continued to grow from strength to strength. However, the team has made it clear it’s not resting on its oars with the release of v1.3.0 of its software.
As stated in its Twitter post, the latest VeChainThor update comes with several improvements designed to provide users with better performance, efficiency and more.
“After months of work, now comes the most significant update since the mainnet launch. This release brings many dramatic improvements, especially in terms of performance and efficiency.”
Key Features of VeChainThor v1.3.0
According to the team, the latest version occupies 80 percent less disk space than the previous software and it also allows users to access the cold VM state 2X faster.
What’s more, VeChainThor v1.3.0 is built to reduce RAM usage by 50 percent, speed up querying of the network and more.
That’s not all, the team says the latest VeChain update comes with an improved VM state error handling, an improved gas limit suggestion algorithm, and it also supports the adaptive gas limit feature for solo mode.
VeChain’s latest development has triggered a lot of positive reactions on crypto Twitter, with many followers of the platform expressing their excitement over the upgrade and commending the team for their dedication and hard work.
VeChain Adoption on the Rise
While VeChain’s native altcoin, VET is the 32nd largest digital asset on the CoinMarketCap top 100 cryptos table, with a price of just $0.007071 at press time, it’s worth noting that VeChain remains one of the most active blockchain projects focused on creating real use cases for the nascent technology.
As reported by BTCManager earlier in January 2020, Reebonz, a Singaporean luxury goods firm adopted VeChain for product authentication.