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What is Velas?

This innovative fork built on Solana incorporates EVM compatibility, effectively merging the speed of a hybrid blockchain that combines EVM and EBPF while leveraging the strengths of Solana for the Ethereum ecosystem. It facilitates the deployment of various smart contracts initially created for the Ethereum network. Users benefit from enhanced performance levels at notably reduced costs, with the possibility of staking to aid in decentralization while simultaneously earning rewards. The Velas Network provides a suite of decentralized services, empowering users to securely manage their passwords, keys, and seed phrases through the utilization of sophisticated segmentation algorithms and validators committed to safeguarding data. Importantly, this data is distributed securely across the network, making it inaccessible to any single participant. Such a forward-thinking method not only bolsters security but also fosters greater trust in decentralized technologies, ensuring users feel more confident in utilizing the platform for their needs. In this manner, the Velas Network stands out as a significant player in the blockchain space, prioritizing user security and efficiency.

What is Arweave?

Arweave offers a groundbreaking storage solution that ensures data is secured through sustainable and continuous funding, enabling both users and developers to permanently archive information. It operates like a shared hard drive that preserves memories, allowing for the retention of important data, applications, and historical documents without the risk of modification. By protecting our past, Arweave plays a crucial role in preventing the distortion of history by others. Furthermore, the Arweave network features the permaweb, a globally organized, community-oriented platform where individuals can actively contribute and receive rewards for maintaining its infrastructure. Although it mirrors the traditional web, the permaweb guarantees that all its resources—from images to full-fledged applications—are permanently available, quickly accessed, and decentralized. While the original web connected people across vast distances, the permaweb links individuals over extensive periods, addressing common issues like 404 errors, unexpected content alterations, and the degradation of web applications. This innovative approach to data retention and accessibility not only transforms our engagement with information but also reshapes the way we perceive and interact with history. Ultimately, Arweave stands as a testament to the potential of technology to redefine our understanding and preservation of the past.

Media

Media

Integrations Supported

Bitget Wallet
DEX Screener
Ethereum
KyberSwap
PredictKube
Swapz
Velas Wallet

Integrations Supported

Bitget Wallet
Integral
Koinly
Kwil
Mask Network
Meson Network
Metaplex
TProof
Viewblock

API Availability

API Availability

Pricing Information

Pricing not provided
Free Version

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Not specified

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub
On-Site Training

Company Facts

Organization Name

Velas

Date Founded

2019

Company Location

Switzerland

Company Website

velas.com

Company Facts

Organization Name

Arweave

Company Location

United Kingdom

Company Website

www.arweave.org

Categories and Features

Blockchain

Not specified

DeFi Projects

Not specified

Layer 1 Protocols

Not specified

Categories and Features

Blockchain

Not specified

Layer 1 Protocols

Not specified

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