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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 Horizen?

Horizen is built on a secure and resilient public infrastructure that features multiple layers of protection. Its distributed node architecture ensures that the network remains scalable, dependable, and performs swiftly while maintaining high security. To bolster defenses against potential 51% attacks, Horizen employs an advanced consensus mechanism. The groundbreaking cross-chain protocol, Zendoo, empowers developers to design blockchains and applications tailored to solve pressing real-world issues, while also being adaptable for future advancements. The foundation of this system is the Horizen blockchain, which leverages a robust proof-of-work (PoW) public blockchain and is backed by the largest distributed node network, providing exceptional reliability and strength. Moreover, the zero-knowledge enabled cross-chain functionality not only supports auditable transactions but also safeguards user privacy, effectively addressing a critical barrier to the mainstream adoption of blockchain technology. This multifaceted strategy positions Horizen as a leading entity in the blockchain sector, making it an essential contributor to the industry's future progress. Consequently, Horizen's innovative approach paves the way for enhancing user trust and engagement within the blockchain ecosystem.

Media

Media

Integrations Supported

Bitget Wallet
DEX Screener
Ethereum
Koinly
KyberSwap
PredictKube
Swapz
Velas Wallet

Integrations Supported

Bitget Wallet
DEX Screener
Ethereum
Koinly
KyberSwap
PredictKube
Swapz
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

Horizen

Date Founded

2017

Company Location

United States

Company Website

horizen.io

Categories and Features

Categories and Features

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