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About

Scale your DApp to Polkadot with Acala, an Ethereum-compatible smart contract platform optimized for DeFi. Acala is the decentralized finance network and liquidity hub of Polkadot. It’s a layer-1 smart contract platform that’s scalable, Ethereum-compatible, and optimized for DeFi with built-in liquidity and ready-made financial applications. With its trustless exchange, decentralized stablecoin (aUSD), DOT Liquid Staking (LDOT), and EVM+, Acala lets developers access the best of Ethereum and the full power of substrate. Access DOT-based assets and derivatives, Polkadot-native decentralized stablecoin, Polkadot ecosystem assets, and cross-chain assets from Bitcoin, Ethereum and beyond. Acala’s chain is customized for DeFi and can continue to upgrade without forks to integrate new features requested from developers. For example, on-chain ‘keepers’ automate protocol execution to better manage risks and improve user experience, or transaction fees payable with virtually any token.

About

The fork of Solana with embedded EVM integration. Fastest EVM/EBPF hybrid chain inherited best from Solana and applied to EVM world. Supports all smart contracts built on the Ethereum blockchain. Extremely efficient performance at a fraction of the cost. Stake to support decentralization and get rewards. Through the Velas Network users gain access to decentralized services, delegating the security of his passwords, keys or seed-phrases to segmentation algorithms and validators that are interested in data security. Most important, this information will be distributed over the network and not available to any of its participants.

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Supported
iPad Supported
Android Supported
Chromebook Not Supported

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Audience

Crypto users, investors and traders looking for a decentralized finance network and liquidity hub of Polkadot

Audience

Blockchain developers

Support

Phone Support Not Supported
24/7 Live Support Not Supported
Online Supported

Support

Phone Support Not Supported
24/7 Live Support Not Supported
Online Not Supported

API

Offers API Not Supported

API

Offers API Not Supported

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version Not Supported
Free Trial Not Supported

Pricing

No information available.
Free Version Supported
Free Trial Not Supported

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Reviews/Ratings

Overall 5.0 / 5
ease 5.0 / 5
features 5.0 / 5
design 5.0 / 5
support 5.0 / 5

Pros & Cons from Real Users

Pros

  • -Very fast transactions -Almost zero fee -Many ways to buy coins -Wallet is a little complicated at first, but well worth the effort
  • Velas is one of the fastest blockchain in the market with more than 50K TPS which is far better than other major blockchains.
  • Velas is great place for your journey in cryptocurrency and blockchain. What I like from Velas is the cheaper fees and Fast Transaction. With the fastest EVM Blockchain 75k tps and transaction fees are only $~0.00001 per 1 transaction, which is almost free.
  • Good documentation available for developers, the process to move from other EVM chain is very simple and easy to follow. In case of issues they offer support in Telegram. As node operator, we haven´t found any issue, the process is very similar to Solana.
  • Velas is the fastest EVM compatible chain. I can use Metamask for transactions. When I clicked accept , transactions occur in less than 1 second. It has 50-75K TPS capability.

Cons

  • -Can't say anything yet.
  • Nothing much is available to write in this section for now.
  • I don't see any problem with Velas so far, but maybe i expect Velas can be expand and growth up more product and utility that they have in their ecosystem. So with that i think everyone will more like it and convenient to use Velas for anything inside of the ecosystem Velas itself.
  • Is a new chain, so, new stuff as the wallet can improve the UI, the wallet is not directly compatible with hardware wallets.
  • More NFT and Gaming projects can be on that chain.

Training

Documentation Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported

Training

Documentation Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported

Company Information

Acala
Founded: 2019
acala.network/

Company Information

Velas
Founded: 2019
Switzerland
velas.com

Alternatives

Alternatives

Telos

Telos

Telos Blockchain
Karura

Karura

Acala
Cream

Cream

C.R.E.A.M. Finance
Ethereum

Ethereum

Ethereum Foundation

Categories

Categories

Blockchain Supported
DeFi Projects Supported
Layer 1 Protocols Supported

Integrations

DEX Screener Supported
Ethereum Supported
Ankr Supported
Ava Protocol Supported
Bitget Wallet Not Supported
Blockdaemon Supported
Centrifuge Supported
ChainX Supported
Chainlink Supported
Kwikswap Supported
KyberSwap Not Supported
MetaMask Supported
Notifi Supported
OnFinality Supported
Polkadot Supported
PredictKube Not Supported
Telegram Supported
Tres Finance Supported
Velas Wallet Not Supported

Integrations

DEX Screener Supported
Ethereum Supported
Ankr Not Supported
Ava Protocol Not Supported
Bitget Wallet Supported
Blockdaemon Not Supported
Centrifuge Not Supported
ChainX Not Supported
Chainlink Not Supported
Kwikswap Not Supported
KyberSwap Supported
MetaMask Not Supported
Notifi Not Supported
OnFinality Not Supported
Polkadot Not Supported
PredictKube Supported
Telegram Not Supported
Tres Finance Not Supported
Velas Wallet Supported
Claim Acala and update features and information
Claim Acala and update features and information
Claim Velas and update features and information
Claim Velas and update features and information