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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 Hyperledger Besu?

Hyperledger Besu is an Ethereum client designed specifically for enterprise-level applications that operate within both public and private permissioned networks. It can function on several test networks, including Rinkeby, Ropsten, and Görli, which facilitates extensive testing and development. This client offers support for a variety of consensus mechanisms, such as Proof of Work (PoW) and Proof of Authority (PoA), incorporating options like IBFT, IBFT 2.0, Ethash, and Clique to meet different operational needs. Its strong permissioning frameworks are tailored for consortium environments, ensuring secure and controlled access. Moreover, Hyperledger Besu aligns with the Enterprise Ethereum Alliance (EEA) specifications, which are designed to create consistent interfaces across a range of Ethereum projects, whether they are open-source or proprietary. This alignment is pivotal in preventing vendor lock-in and promoting standardized interfaces for efficient application development. By integrating its enterprise features with EEA client standards, Hyperledger Besu plays a significant role in bolstering the Ethereum ecosystem. In addition, the implementation of varied consensus algorithms is essential for functions like transaction and block validation as well as the creation of new blocks, thereby significantly enhancing its reliability and performance, which is crucial for enterprise adoption. As a result, users can benefit from a well-rounded platform that addresses both scalability and security in their blockchain initiatives.

Media

Media

Integrations Supported

Ethereum
Bitget Wallet
Bloq
Chainlens
Consensys Quorum
DEX Screener
Hitachi Data Protection as a Service
IBM Cloud
KyberSwap
Precisely
Quant
RocksDB
SAP Cloud Platform
SettleMint
Splunk Cloud Platform
Swapz
Thales Sentinel
Truffle POS
Velas Wallet
Wipro Cloud Studio

Integrations Supported

Ethereum
Bitget Wallet
Bloq
Chainlens
Consensys Quorum
DEX Screener
Hitachi Data Protection as a Service
IBM Cloud
KyberSwap
Precisely
Quant
RocksDB
SAP Cloud Platform
SettleMint
Splunk Cloud Platform
Swapz
Thales Sentinel
Truffle POS
Velas Wallet
Wipro Cloud Studio

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

Hyperledger

Date Founded

2015

Company Location

United States

Company Website

www.hyperledger.org/use/besu

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Categories and Features

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