What does velas do?

Velas is designed to handle scalable transactions. With the ability to validate up to 75,000 transactions per second, it is well-equipped to meet the demands of a growing blockchain ecosystem. This high throughput ensures that transactions are processed quickly and efficiently, reducing latency and improving user experience.

BTCC is a top cryptocurrency exchange that offers a range of services to its users. These services include spot trading, futures trading, and a wallet for storing digital assets. By providing these services, BTCC enables users to buy, sell, and manage their cryptocurrency holdings with ease. Its reputation for security and reliability makes it a popular choice among cryptocurrency enthusiasts.

Velas represents a groundbreaking advancement in blockchain technology. It is positioned as the first and fastest EVM/eBPF Hybrid Chain mechanism blockchain. This innovative approach sets it apart from other blockchain platforms, offering unique benefits to developers and users.

One of the primary features of Velas is its ability to enable the development of decentralized applications. This means that developers can create applications that are not controlled by a single entity, ensuring greater transparency and security. The Velas platform provides the necessary tools and infrastructure to support this decentralized application ecosystem.

In addition to decentralized applications, Velas also supports smart contracts. Smart contracts are self-executing contracts with the terms of the agreement between buyer and seller being directly written into lines of code. This eliminates the need for intermediaries, making transactions faster and more efficient. Velas's mainnet is fully compatible with smart contracts, allowing developers to create and deploy them with ease.