Velas Blockchain - Fast Transaction, Safe to Use.
NO doubt you love the Stellar and XRP network due to its ability to process the transaction in a pretty fast way. If that is the case, then no doubt you hate queue. Everyone of us notice the evulotion of blockchain network of different project, they are all developing a fast proccess transaction, and one of the reason is the memo tag behind it. But what if I tell you that there is a blockchain that offers a fast transaction without a memo tag?
VELAS BLOCKCHAIN
Velas blockchain adopted the AI-enhanced Delegated Proof-of-Stake Blockchain (AIDPOS) consensus for high volume transaction processing without sacrificing decentralization and security for its users. Velas blockchain was started in 2019, and it surprsingly grows faster compared to some blockchain which needs atleast 3 years to complete. So how this blockchain works and what are the offers for its users? Just like many other coins, its blockchain works with AI enhanced DPOS or Delegated Proof-of-Stake, because it depends of the network. Network can adapt the inputs so that it generate the best possible result of fast transaction this will be possible from layer to layer so it will give us a 5 seconds process per transaction or 30,000TPS, THATS PRETTY FAST. It is also promised a 51% free, its secured its user for no double-spent like what happened to the bitcoin and other blockchain which results lost of funds of its investors. Just like other coin, it offers a high security for its users because even the transaction processing is private, but you can see the transaction history in explorer.
The use of VLX coin in its ecosystem.
Velas coin which is VLX was also pumping since it was available in the market. The project is pretty relevant and its coin is used as a native coin of Coinpayments.net which is a partners of certain online-shop platform and support more than 1500 Cryptocurrency coin. VLX can be stake in different way such as pool staking and delegate staking and 8% annual reward for the total supply of the coin staked. Since it is a blockchain that allows developer to participate on its node, its utility coin can be used as a fuel for future smart contract for those who participated and became the node of Velas network. Currently the Price of the coin is around $0.04, and listed in 5 different exchanges and can be trade with 3 pairs.
NOT YOUR KEYS, NOT YOUR WALLET
Velas wallets are Decentralized and available in Web, Desktop and Mobile. Web wallet can be easily accessable through their website or you may redirect here - https://wallet.velas.com/. From there you can create and generate your own wallet by saving all the phrases they gave and create your pin to log-in. Desktop wallet can also be downloaded from their website, I can say you can download it from their website and be avoided for phishing. Mobile wallet is easy to use too, just like web and desktop, just generate your code to create or enter the phrase to log-in, in the wallets itself staking is avialable and you can stake your coin too easily and accessibility. And dont forget, they are targetting to make a hardware wallet within this year!!
If you take a look into their website and roadmap, exciting thing are waiting ahead! What are you waiting for? Be part of Velas family! Ill be posting the links here for social media and community!
For more information
Read the blue paper : https://velas.com/VELAS-Blue_Paper.pdf
Technical paper : https://velas.com/VELAS-Technical_Paper.pdf
Social media accounts :
Website : https://wallet.velas.com/
Twitter : https://www.twitter.com/VelasBlockchain/
Facbook : https://www.facebook.com/velasblockchain/
Linkidin : https://www.linkedin.com/company/velas-ag
Dsicord : https://discord.gg/CTcKpPc
Telegram : https://t.me/velascommunity
Be updated from : https://medium.com/@VelasBlockchain
Be part of velas github community : https://github.com/velas
Posted by : Jeldzrey16
My BTT profile : https://bitcointalk.org/index.php?action=profile;u=1886308
VLX wallet address : V7J11onwHuEogeKmBeNT6SvfrVCXvWBhKF