PowerShell folder version

In Windows 10 with Creators update I see that PowerShell resides here:
C:\Windows\System32\WindowsPowerShell\v1.0

This seems to tell me that this is V1.0 of PowerShell.

However:
$PSversiontable
shows:

Name Value


PSVersion 5.1.15063.608
PSEdition Desktop
PSCompatibleVersions {1.0, 2.0, 3.0, 4.0…}
BuildVersion 10.0.15063.608
CLRVersion 4.0.30319.42000
WSManStackVersion 3.0
PSRemotingProtocolVersion 2.3
SerializationVersion 1.1.0.1

Is it common practice to install every new version in that olf V1.0 folder??

The short answer is yes.

OK. Thx!

No problem.