VeChain has started the stakeholders' voting for its Galactica upgrade, which is one of the three major phases planned for VeChainThor this year. The upgrade will introduce improvements to the protocol, including a Dynamic Gas Fee Market inspired by Ethereum's EIP-1559 and a standardized transaction format. It will also bring an up-to-date version of Ethereum Virtual Machine (EVM) to VeChainThor, allowing for cross-chain innovation and deeper blockchain integration. The upgrade is part of the VeChain Renaissance initiative, which aims to optimize VTHO issuance and enhance decentralization.
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