Ratings and Reviews 6 Ratings
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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 Monad?
Monad is a formidable Layer 1 blockchain that offers seamless compatibility with the Ethereum Virtual Machine (EVM). Boasting a remarkable ability to handle up to 10,000 transactions per second, it ensures rapid block confirmations within a second and achieves finality in a single slot. The platform is meticulously designed to require minimal hardware, promoting the efficient scaling of decentralized applications while upholding security and the core tenets of decentralization. Its cutting-edge architecture features sophisticated capabilities such as optimistic parallel execution, asynchronous processing, and a unique state database called MonadDB, all of which significantly boost its performance and scalability. As a result, Monad emerges as an appealing option for developers looking to create high-performance blockchain solutions, making it a strong contender in the competitive blockchain landscape. Its emphasis on innovation and efficiency positions it well for future growth and adoption.
Integrations Supported
Ethereum
Bitget Wallet
DEX Screener
KyberSwap
PredictKube
Swapz
Velas Wallet
Integrations Supported
Ethereum
Bitget Wallet
DEX Screener
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
Monad
Date Founded
2022
Company Location
United States
Company Website
www.monad.xyz/