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About

Decred employs an innovative hybrid proof-of-work/proof-of-stake system that layers security and carefully aligns incentives. This system yields the best of both worlds, making it an order of magnitude more expensive to attack than pure proof-of-work or pure proof-of-stake. Decred’s built-in governance systems empower its community with formal rights to make consensus changes and manage project-level decisions. These systems make Decred adaptable, allowing it to evolve per the will of the stakeholders, resist forks and incorporate new technology over the long run. Decred continuously funds its treasury with 10% of each block reward and employs a flexible contractor model that allows contributors to receive compensation for their work. This makes Decred a sustainable and self-funded decentralized autonomous organization. Use DCRDEX inside Decrediton and vote on four new consensus changes. Upgrade to the 1.7 release now!

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 Not Supported
iPad Not Supported
Android Not 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 and individuals in need of a community-directed digital asset storage solution

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

Decred
decred.org

Company Information

Velas
Founded: 2019
Switzerland
velas.com

Alternatives

Nxt

Nxt

Jelurida Swiss

Alternatives

Telos

Telos

Telos Blockchain
Ethereum

Ethereum

Ethereum Foundation

Categories

Crypto Supported
Crypto Wallets Supported
Layer 1 Protocols Supported

Categories

Blockchain Supported
DeFi Projects Supported
Layer 1 Protocols Supported

Integrations

Bitget Wallet Not Supported
Cointelli Supported
DEX Screener Not Supported
Ethereum Not Supported
HolyTransaction Supported
Koinly Supported
KyberSwap Not Supported
Ledger Nano X Supported
PredictKube Not Supported
Swapz Not Supported
Velas Wallet Not Supported

Integrations

Bitget Wallet Supported
Cointelli Not Supported
DEX Screener Supported
Ethereum Supported
HolyTransaction Not Supported
Koinly Not Supported
KyberSwap Supported
Ledger Nano X Not Supported
PredictKube Supported
Swapz Supported
Velas Wallet Supported
Claim Decred and update features and information
Claim Decred and update features and information
Claim Velas and update features and information
Claim Velas and update features and information