This portrait is made from available online data and is information only. Please read the disclaimer*.

What is Velas ?

Velas Velas is a Switzerland-based blockchain project claiming to have the capacity to process up to 30,000 tps, without lacking security or decentralization.

Velas is a self-learning and optimizing blockchain platform using artificial intelligence for secure, interoperable, extremely scalable transactions and smart contracts. Velas uses AI operated DPOS (AIDPOS) consensus algorithm to secure the blockchain.

Each network node forms its own dataset (training sample) from the blockchain data. From this data, a layered training of the genetic algorithm occurs and each additional layer learns from the preceding layer, according to the principle of an autoencoder.

Velas multi-currency wallet allows to store, stake and transfer your digital assets with the highest security available today.

The mainnet is planned to be launched in Q3/2020.

architecture: platform
blockchain: own / public
consensus algorithm: delegated proof-of-stake
usability: platform
launch date: Oct 2019
supply: VLX / 2,084,603,049
wallets: own wallets


Velas on recommended exchanges*

Where to buy and trade Velas. VLX is available on Probit and BW. This is a small choice of some of the leading crypto exchanges:

BW Probit Bittrex

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Multi currency wallets

Multi currency wallets can store different kinds of coins and tokens, mostly all the leading coins, Ethereum ERC20 token, Neo NEP5 and Binance BEP2 token and many other coins and token.

The most advanced wallets offer staking and exchanging or swaping too.

Atomicwallet Trust wallet Coinomi wallet
Atomicwallet Trust wallet Coinomi wallet

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