Deloitte Ditches Ethereum for VeChain, Brags Beating Bitcoin Transactions

By CCN.com: VeChain, which uses Proof of Authority rather than Proof-of-Work, clocked in more transactions than Bitcoin on Saturday. A Reddit user noticed and raised the celebratory alarm; Deloitte executive Cillian Leonowicz then claimed the activity via LinkedIn, writing: We wrote more transactions than Bitcoin over the weekend by migrating our client work from Ethereum to VeChain – we managed to execute 20+ smart contract transactions per second. Deloitte, BMW, and PwC Choose VeChain &l