Velas: An AI-Powered Blockchain Ecosystem, with Secure and Scalable Wallet Functionality

The blockchain scene has really been very interesting, most especially with new developments that have been coming up lately. All the new and genuine innovations are geared towards making cryptocurrency adoption possible. Just as cryptocurrency is gradually moving towards the mainstream, several actors in the scene, particularly those who are tech-driven have created different cryptocurrency wallets for the different blockchains, while some have invented wallets that have multichain functionality. One of the main reasons behind this is because many crypto enthusiasts believe that sooner than later cryptocurrencies will be accepted and be used as payment gateway in stores, marketplaces (both offline and online) and as payment for different services.

Creating a wallet might be quite very easy, but providing a wallet that solves the lingering problems encountered in the use of several blockchain wallets is very important. The problem encountered mostly in this area is security and scalability. No one would want to store his/her crypto assets in an insecure or less scalable wallet if there is a better one. I personally found an innovative project, which provides cryptocurrency wallet that is secure and scalable and I have decided to introduce it to you my ever amiable my audience. This is no other than VELAS.

What is Velas?
Velas is an AI-powered blockchain ecosystem startup, which was founded in the year 2019. It is a virtual spending learning autonomous system. The idea is to create a blockchain that navigates, scales and learns to optimize its own blockchain, in its own consensus over time. It is well secure and has the ability to quickly respond to scalability, which makes its performance better than any other cryptocurrency wallet.

Velas Team
The team of Velas is headed by a man who has been one of the major players in the crypto scene and one of the pioneers of cryptocurrency. He is prominently known as the founder of CoinPayment and one who founded Velas in the year 2019. HE is no other person than Alex Alexandrov. This man has worked tirelessly to build a 15 man strong team of astute professionals from across the world. They are well united and it depicts how accommodating this project is. Little do I wonder why this project keeps succeeding.

Velas Token
VLX is the native token for the Velas ecosystem, which is used to interact on the Velas Wallet. This token is listed on several top exchanges and more exchanges are in the pipeline.

Velas Wallet
One of the key functionalities of the Velas ecosystem is its wallet. Several developments have been ongoing and till date, new developments are being unveiled. Which means you should always expect more in the near future. Some of the recent updates on the Velas wallet are as follows:

Delegate Staking
‣ Updated terms of use in the wallet
‣ Continuation of the wallet USUI improvement
‣ Development of the mobile application on android
‣ Development of IOS mobile wallet

Velas Blockchain
Velas is a blockchain-driven project, so this calls for developments on the blockchain side of the project. In this area there have also been new developments and updates, which are as follows:

‣ Fixed bugs on explorer
‣ Continuation of migration
‣ High tech security addition
‣ Initiation of the development of the monitoring system
‣ Fixed bugs in the old desktop wallet, MacOs

Velas is an open-source wallet. So no one, not even the team can access your wallet because you, as the user holds the private key to it and you have total control over it.

Useful Resources:
Website: https://velas.com/
Twitter: https://www.twitter.com/VelasBlockchain/
Telegram: https://t.me/velascommunity
Facebook: https://www.facebook.com/velasblockchain/
Instagram: https://www.instagram.com/velas.blockchain/
Medium: https://medium.com/@VelasBlockchain
LinkedIn: https://www.linkedin.com/company/velas-ag
Github: https://github.com/velas
Discord: https://discord.gg/CTcKpPc

Author: Denreal
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1946802

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