Secure, interoperable & extremely scalable

Velas blockchain uses AI-enhanced DPOS (AIDPOS) consensus for high volume transactions processing without sacrificing decentralization and security. Get more detailed information from our documentation Blue Paper Blue Paper Blue Paper and Technical Paper Technical Paper Technical Paper

Velas
Donw
About
velas

AI-Operated Delegated
Proof-of-Stake Blockchain

Each node forms its own dataset (training sample) from the blockchain data. On this data, a layered training of the genetic algorithm occurs. Every next layer is learning the previous one: training on the principle of an autoencoder. After the pre-training, the backpropagation method is applied to tighten the weights to a minimum. The network must be trained before the next block cycle.

The nodes form a test dataset prior to the formation of a new block cycle. After the formation of the test sample, the matrices are checked. The matrix with the smallest error wins and gets loaded into the next era. The node of the winning matrix receives Velas (VLX) from the network by solving blockchain network maintenance tasks, each AIDPOS node makes an intellectual contribution by further developing a neural network. This all happens without requiring any understanding programming languages by operators of selected nodes.

Token Swap: Coinpayments Coin to Velas coin (VLX) was done via Coinpayments platform on the 4th of July 2019 and will mark the day of Velas independence from original token. This will also launch first Stage described in Technical Paper:
Stage 1 (Pre-Alpha): Creation of the blockchain system structure, coins, transactions on 4 nodes. Nodes will be run by network organizers during pre-alpha stage. Smart contract in wallet will allow all CPS coin (CoinpaymentsCoin) users to swap 1:1 to VLX (Velas). Creation of tokens or custom digital assets. Each Stage is estimated to take 3-6 months to roll out.

Donw

Stage 1 Pre Alpha Token Swap

July 4th 2019

Private Sale

July 2019

Block Explorer

September 2019

Desktop and Web
Wallets

September 2019

Public Nodes Software

September 2019

Exchange Listings

2019 Q4

Research of A.I

2020 Q1

Mobile wallet launch

2020 Q1

New wallet features: decentralized cloud; multi signature capability

2020 Q2

New exchange listings

2020 Q2

Stage 2 Alpha AI Deployment

2020 Q3

Launch of mind.ai
Main-net on Velas

2020 Q3

Container system: launch of cross-chain TXs

2020 Q3

Stage 3 Beta Decentralized AI & Full Open Source

2020 Q4

Hardware Wallet

2020 Q4

Stage 4 Production.
Full decentralization is achieved

December 2020

Fully functional system

2021 Q1

Donw
News
Two Developer Teams Join Velas Project to Accelerate Its Roadmap Fulfillment
Medium, 31 January, 2020

The developer teams of Web3 Space and Z-Union are joining Velas, the AI-powered blockchain project, to work on research and further development of its core technologies, as well as wider ecosystem applications. This expansion will significantly strengthen the project’s ...

Resources write about Velas

Logo Medium
Read More
Logo Bitcoin.com
Read More
Logo CryptoNewsZ
Read More
All Velas News
Back Next
Donw

Velas Price

0.01924503 USD

0.000002 BTC

Volume (24h)

2,767,547 USD

320.13742039 BTC

Total Supply

2,025,989,243 VLX

BUY VELAS COIN NOW
Read More
Read More
Read More
Explore

Previous hash:

Height:

Size:

Version:

Time:

TXNS:

Join our growing Velas GitHub community, where you can connect with developers and get information!

Donw
PARTNERS