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
Transactions Per Second
Transaction Finality (sec)
SPACE ERA VELAS 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