The coin is used for transactions, payments, commissions and Proof-of-Stake consensus support. Stacking allows block producers (validators and their delegates) to provide consensus on transactions and receive incentives for block production.
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Cryptocurrency | |
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Short title | VLX |
Official website | |
Social network | |
Date of foundation | 1970 |
Head Office | Dammstrasse 16 Zug, ZUG, 6300, Switzerland |
Types of support | |
Communities | |
Languages | English, Indonesian, Spanish, Russian, Korean, Vietnamese, Chinese, Turkish |
Founder | Alex Alexandrov |
Company owner | Velas Network AG |
Manager | Alex Alexandrov |
Features of cryptocurrency | Token for transactions, payments, commissions and Proof-of-Stake consensus support |
How many coins | 2124380663 |
How to get | Buy on the exchange, Stacking |
Number of exchange destinations | 22 |
Crypto exchanges | |
Purses | |
Transaction Control | Decentralized access control system |
Growth factors | Support for all smart contracts and decentralized applications, Account without password, Multi-currency wallet with steaking function |
Age restrictions | From 18 years |
Additional features | Cryptocurrency wallet, Porting a decentralized application to a platform, Cloud storage, Starting the validator node, Blog, App Store, Grants, Voting and discussion |
Advantages | Blockchain Proof-of-Stake (AIDPOS) based on artificial intelligence A large-scale ecosystem of decentralized products Support for all smart contracts and decentralized applications built on Ethereum Instant and inexpensive transactions Passwordless account, making it easy to interact with blockchain applications High transaction throughput |
Adjustable | No |
API | |
Source code | |
White Paper | |
Company requisites | Legal name: Velas Network AG Legal address: Dammstrasse 16 Zug, ZUG, 6300, Switzerland |
Overall assessment | 4.1/10 |
Date of update | May 19, 2023 |
Address
Dammstrasse 16 Zug, ZUG, 6300, Switzerland
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