Velas

Virtual Expanding Learning Autonomous System

What is Velas?

Velas blockchain is based on a high-performance protocol, which implements an innovative time architecture, transaction processing mechanism, and more efficient consensus model compared to other blockchains.

Velas is the first and fastest EVM/eBPF Hybrid Chain  mechanism blockchain based on Solana, that allows building decentralized applications and smart contracts on its mainnet, allows the scalability of transactions with highest security, high performance, 1.2-sec finality and is able to validate up to 75,000 transactions per second, and almost free of cost.

Velas Ecosystem consists of decentralised products built on top of its chain to present the ease of user experience of decentralised, open-source products.

Network in numbers

0
Transactions Per Second
0
Validators
0
Transaction Finality (sec)

Space era blockchain

Velas is first 3rd gen blockchain and one of the first blockchains operating in space above Earth, which will help contribute to enhanced security and increase quality standards for the whole blockchain industry.

Transactions will be conducted via SpaceChain’s decentralized satellite infrastructure, providing a high level of security and decentralization to the Velas network. Suspended in orbit, blockchain infrastructures are protected against physical intrusion and regulatory restrictions.

Velas in brief

  • Fork of Solana with full EVM compatibility built on top

  • Competitor of Ethereum 2.0 in performance

  • Bridges with all liquid EVM chains

  • Resistance to various types of attacks

  • DPoS consensus based on VLX tokenomics

  • Support for applications written for the Ethereum ecosystem (MetaMask, Solidity, EVM)

  • New level cross-chain interaction

  • Fully decentralized custodian and management of assets of different blockchains like Bitcoin, Ethereum, ZCash

  • Decentralized and autonomous storage of user secrets and secrets managed by smart contracts

  • Staking to support decentralization

ajax-loader