VeChain Announces New Official Block Explorer And Sync Ledger Wallet Interface | UseTheBitcoin
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VeChain Announces New Official Block Explorer And Sync Ledger Wallet Interface

Avatar · in Crypto News, Breaking
Carlos is an international relations' analyst specializing in cryptocurrencies and blockchain technology. Since 2017, Carlos has written extensively for UseTheBitcoin and other leading cryptocurrency sites; with over 2,000 articles published.

The VeChain Foundation has recently announced the new official block explorer and the VeChain sync ledger wallet interface.

This comes after the VeForge decided to shut down their block explorer and ledger interface. The information was released by the VeChain Foundation on October 20. 

VeChain Announces Block Explorer and Ledger Interface

In a recent blog post, the VeChain Foundation explained that they were committed to the community by partnering and spotlighting the VeForge Explorer and Vault for Ledger Wallet. 

These services were maintained and developed by a developer group called Tonient Labs. The firm received technical support and over $100,000 to push forward with the project. 

In addition to it, the services were also considered the de facto official block explorer and Ledger Integration Interface in a wide range of official channels. 

Totient Labs team has also participated in many events with partners such as DNV GL or Deloitte. 

Now, VeForge informed that they decided to stop offering services due to “lack of interest from the VeChain Foundation.”

About it, VeForge wrote:

“We are saddened to inform you that due to the lack of interest from the VeChain Foundation to support our efforts, we have no choice but to shut down the official VeChain blockchain explorer and Ledger wallet interface.”

In this way, starting on October 21st, they will no longer be offering services for the VeChain community. The company claims that they have talked to the VeChain Foundation requesting for more support but the results were not the once expected. 

In order to solve this issue, VeChain is announcing two new official, in-house developed solutions that will be actively maintained by the core development team. These solutions include the aforementioned blockchain explorer and ledger interface. 

The official blockchain explorer will be integrated with Token Registry and Application Hub so VIP80 tokens issuers and dApp developers are able to add their token. Furthermore, they will add robust APIs for third parties, including exchanges, wallet providers and more. 

This service will be launched by the end of November. Meanwhile, users can now use the VeChain Insight solution. 

The official Ledger wallet interface will be available within two weeks starting from 21 October this year. It is worth mentioning that users will temporarily not be able to have access to their tokens if they are Ledger users considering Totient Labs turn off access to the VeForge Vault Interface. 

The VeChain team has also been working with the Ledger team in order to improve the VeChain app on Ledger. 

The official blog post released by the VeChain Foundation reads as follows:

“The Foundation will continue its numerous monetary and non-monetary grants to aspiring start-ups and community builders as well as offering technical support from the core development team.”

At the time of writing this article, VeChain (VET) is the 35th largest cryptocurrency in the market with a valuation of $185 million and a price per VET of $0.003351. 

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