There appears to be some confusion surrounding the VeChain network. Ever since the project underwent changes earlier this year, there is some uncertainty as to how the two native currencies of the network will operate. On the one hand, there is the VET token, but there is also a THOR token. This article will give an overview on VET vs THOR and go over the differences between them.
We are getting pretty accustomed to seeing newly released cryptocurrencies themed after familiar names, such as politicians, movie stars, comic book characters, etc.
ThorCoin is no different in that regard, but that doesn’t mean it isn’t innovative!
ThorCoin is a Scrypt-Jane cryptocurrency, with a total supply of 15 billion ThorCoins. The block reward is fixed at 200,000 per block, but these rewards will halve every three weeks. The minimum block reward will always be 500 ThorCoin.
ThorCoin has a 1.5% premine, which will be used for bounties,giveaways,development,
maintenance and support. Nothing out of the ordinary there.