Velas Flashlight #11 — Deep-dive into AIDPOS and Staking, the heart of Velas Ecosystem

The eleventh summary of everything that has happened with Velas these past two weeks!

Velas Official
Velasblockchain
7 min readJul 6, 2021

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What is Velas FlashLight?

It’s all in the name — the latest and greatest news behind Velas across the globe, broken down into fast, digestible bites (Flash) illuminating the hard work our team has delivered in the past few weeks or so (Light).

Velas FlashLight is a bi-weekly roundup of Velas in the news and across social media, from videos and mentions from your favorite YouTubers and Twitter influencers, to waves Velas is making in traditional media and articles. All in one place.

Velas AIDPOS: The Consensus Algorithm That Automatically Scales Blockchain

Velas AIDPoS, a consensus mechanism that we have fully developed to adapt the Velas blockchain automatically, preserving throughput of transactions and maintaining network stability in the optimal ranges. Read here the full article.

Farhad Shagulyamov, co-founder of Velas interview with Arabian Business

Farhad Shagulyamov, co-founder of Velas, outlines his vision for how the blockchain can revolutionise every economic sector and explains how Velas is building an ecosystem that brings together the best aspects of centralised and decentralised solutions.

Read here the full interview.

Deep dive into Staking

Video created by https://eon.llc/

One of our community members has created this incredible video that explains the 4 most important points to keep in mind when staking in Velas.

Link to the video

Happy Father’s day to everyone!

To all our dads and father-like figures, Happy Father’s Day from all of us at Velas 💙🍺

Roman Cherednik on PKI, blockchain technology and Velas — The White Spaces Show

Roman and Pavel talked about public key infrastructure: what it means and how it works in our everyday life. He shared his experience and insights as CTO for 4+ years in a startup environment. We also talked about key tech priorities for Velas. How would Velas look like in the next 5–10 years and what strategy they follow to attract developers to the network?

Check here the the full interview.

Happy Birthday VELAS!

Velas has turned 2 years old, and what a journey it’s been so far. Our developments, our community, our team and our vision has evolved so much and we’re so proud of where we are now.

Here’s to the next year — it’s going to be a wild one packed with incredible products 🎉

Velas Launches $5 Million Funding Program
Velas is proud to announce the launch of a $5 million funding program to support the growth of the Velas ecosystem and expand our reach in the new Web 3.0 epoch:

Weekly Digest 14.06–20.06

Catch up on our latest Velas digest, and let us know what you’re excited for with the week ahead: http://velas.com/digest

Weekly Digest 21.06–27.06

Catch up on our latest Velas digest, and let us know what you’re excited for with the week ahead: http://velas.com/digest

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Velas Official
Velasblockchain

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