All Systems Go: VeChain Announces Exact Dates for Network Launch and Ledger Integration
It’s all systems go for VeChain.
The ambitious blockchain platform recently revealed that hackers have been unable to find any critical bugs in its software. Now, the company has released a detailed roadmap on exactly when it plans to leave the Ethereum network and launch its own blockchain.
The VeChainThor Blockchain is days away from being unleashed. Please review the following timeline and be prepared to witness Blockchain X! pic.twitter.com/kxlQkcc6PI
— VeChain Foundation (@vechainofficial) June 21, 2018
The platform’s mainnet called VeChain Thor will go live on June 30th.
At the same time, a snapshot of all ERC20 tokens will be taken to ensure token holders receive their coins on the new blockchain.
Then, on July 9th, VeChain will release its new mobile wallet, which will give token holders whose coins are not on an exchange a way to swap their ERC20 tokens. You can find out more information on the token swap here.
The token swap is set to happen sometime after that, in mid July.
The blockchain launch will then proceed, with Ledger integration set to happen in August. VeChain cautions that the new schedule is a rough outline and is subject to change.
VeChain is well-known for its goals of revolutionizing the supply chain industry, but the team has even greater ambitions.
The platform recently released a revamped whitepaper, showing it’s also targeting IoT, cars, government affairs, blockchain IDs and more.
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.