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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
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

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

Audience

Blockchain developers

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version
Free Trial

Pricing

No information available.
Free Version
Free Trial

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
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

Acala
Founded: 2019
acala.network/

Company Information

Velas
Founded: 2019
Switzerland
velas.com

Alternatives

Alternatives

Karura

Karura

Acala
Telos

Telos

Telos Blockchain
BNB Smart Chain (BSC)

BNB Smart Chain (BSC)

BNB Chain (Binance)

Categories

Categories

Integrations

DEX Screener
Ethereum
Ankr
Ava Protocol
Bitget Wallet
Blockdaemon
Centrifuge
ChainX
Chainlink
Kwikswap
KyberSwap
Notifi
OnFinality
Polkadot
PredictKube
Swapz
Telegram
Tres Finance
Velas Wallet

Integrations

DEX Screener
Ethereum
Ankr
Ava Protocol
Bitget Wallet
Blockdaemon
Centrifuge
ChainX
Chainlink
Kwikswap
KyberSwap
Notifi
OnFinality
Polkadot
PredictKube
Swapz
Telegram
Tres Finance
Velas Wallet
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