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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 DERO?

DERO stands out as a pioneering decentralized application platform that focuses on privacy, scalability, and versatile functionality, allowing developers to build powerful applications while giving users full control and confidentiality over their assets. The platform ensures that account balances and data remain encrypted, granting access solely to the account owners, marking a revolutionary advancement in data privacy. Crafted entirely in Golang, DERO is a unique creation rather than a derivative of any other cryptocurrency and is actively developed by its original team. Its innovative homomorphic encryption protocol serves both individual users and businesses worldwide, enabling swift and anonymous transactions alongside smart contract functionalities and various service models. The DERO Project is committed to cultivating a secure environment where developers can deploy decentralized applications that emphasize privacy and scalability. By prioritizing security and confidentiality, DERO distinguishes itself in the competitive blockchain arena while fostering new opportunities for users who seek high performance coupled with privacy in their digital activities. This unique combination of features not only enhances the user experience but also encourages broader adoption of blockchain technologies across different sectors.

Media

Media

Integrations Supported

Bitget Wallet
DEX Screener
Ethereum
KyberSwap
PredictKube
Swapz
Telegram
Velas Wallet

Integrations Supported

Bitget Wallet
DEX Screener
Ethereum
KyberSwap
PredictKube
Swapz
Telegram
Velas Wallet

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Velas

Date Founded

2019

Company Location

Switzerland

Company Website

velas.com

Company Facts

Organization Name

DERO

Company Website

dero.io

Categories and Features

Categories and Features

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