VeChain, a prominent blockchain platform based in San Marino, Europe, has made a significant announcement regarding its wallet services. According to external sources, from December 31st, the VechainThor Mobile Wallet will enter 'storage-only' mode, transitioning to make VeWorld the primary wallet of the VeChain ecosystem. This move marks a pivotal change in how users will interact with VeChain's offerings.
VeWorld is poised to outshine its predecessor with a suite of advanced features, including a native dApp explorer set to launch within the next two weeks. The platform promises an enriched user experience with a Coinbase-powered fiat on-ramp, an NFT viewing module among other functionalities. With these developments, VeWorld is expected to continually integrate new features throughout 2024 and beyond.
Users are assured by VeChain that no token transfer is necessary for the migration to VeWorld.com. The security of user balances is guaranteed by the blockchain's immutable nature. Detailed instructions and video guidance on importing seed phrases, keystore, and Ledger wallets are available for those requiring assistance during the transition.
The assurance that keystore extraction will still be possible after VechainThor enters storage-only mode provides added peace of mind for users. This ensures that their assets remain secure despite the changes in wallet infrastructure.
On another note, Vechainthorsday has gone live with Spicy.network, which is Vechain's first launchpad and has been introduced on the Vechain blockchain. This development indicates expansion and adaptability within the Vechain ecosystem, embracing innovations and new projects. For additional information on these updates and for future announcements from VeChain, interested parties can visit vechain.org or follow @vechainofficial on various social media platforms.