Velas

Velas VLX

$0.0413
Market Cap $ 58.332 MM (#171)
24h Volume $ 3.310 MM
Chg. 24h: 0.39%
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Velas project purpose and description

Velas clarity of purpose

Velas purpose and aspects

Velas is a self-learning and optimizing blockchain platform for secure, interoperable, extremely scalable transactions and smart contracts. Velas uses AI-Operated DPOS (AIDPOS) consensus to secure the blockchain for high volume transactions processing without sacrificing decentralization, stability and security.

Short description

Velas ™ is a self-learning and self-optimizing blockchain platform for secure, interoperable, extremely scalable transactions and smart contracts. The Velas blockchain uses neural networks optimized by artificial intelligence to enhance its consensus algorithm, which maintains decentralization, stability and security.

Abstract

Velas is a self-learning and optimizing blockchain platform for secure, interoperable, extremely scalable transactions and smart contracts. Velas uses AI-Operated DPOS (AIDPOS) consensus to secure the blockchain for high volume transactions processing without sacrificing decentralization, stability and security. Through the use of intelligent AI-operated DPOS consensus algorithm, corruptible human dependencies are removed resulting in a fault tolerance system preventing most major issues like the 51% attack and nothing-at-stake problem.

Link to Roadmap: https://www.velas.com/#roadmap
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