Tech update - Velasphere

I am happy to announce that our Dev Team has started the initial development of our new ecosystem functionality, VELASPHERE! — Disk space, CPU, and GPU staking. We are incentivizing anyone who stakes their available hardware resources to the Velas network.

When launched, this will present an additional opportunity to generate rewards and be a part of the Velas ecosystem, a viable option for those who don’t have enough VLX for Masternode staking.

The staked resources will be useful for other Velas ecosystem users and in turn, will provide things like:

• Decentralized cloud storage
• Distributed AI applications
• dApps

Calling all developers

Very shortly, we will launch the new Velas wallet allowing third-party developers to integrate their applications through our API.

At this time, we would like to share the draft API for potential developers. We are eager to hear any feedback from you.

To review the API, please follow the link:

https://gist.github.com/askucher/1255aede5b26d418ada5a08cbd021110

Stay tuned for more details on this, and as always, thanks for supporting Velas!

Cheers,

Andrii Stehno

CTO of Velas

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