VeChain Blockchain Specifications

A list of key blockchain specifications

  • Blockchain Name: VeChainThor

  • Native Token: VET (VeChain Token)

  • Native Token Digits: 18

  • Gas Token: VTHO (VeChainThor Energy)

  • Gas Token Digits: 18

  • Gas Token Type: ERC-20

  • Gas Token Contract Address: 0x0000000000000000000000000000456E65726779

  • Consensus Mechanism: Proof of Authority (PoA) 2.0

  • Address Format: 0x (same as Ethereum)

  • Transaction Model: Supports Multi-Clause Transactions (MCT) and Multi Task Transactions (MTT)

  • Transaction Finality: 30-60 minutes (deterministic finality)

  • Block Explorer: https://explore.vechain.org/

  • SLIP-44 Coin Type: VET (818)

  • Block Time: 10 seconds

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