Velas TM is a self-learning and self-optimizing blockchain platform that facilitates secure, interoperable, and highly scalable transactions and smart contracts. The Velas blockchain leverages an AI-optimized neural network to enhance its consensus algorithm, ensuring decentralization, high scalability, and security. VELAS serves as the backbone of the entire ecosystem, including exchanges, multi-signature wallets, and business platforms. Today, companies like Mind AI have already developed on VELAS, enabling developers to integrate AI technology into their projects and allowing businesses to swap VELAS tokens for other tokens similar to Ethereum’s ERC-20 tokens.

Project Vision

The Velas blockchain platform utilizes an AI-optimized neural network to strengthen its consensus algorithm. Velas aims to address and correct the problems and challenges faced by most existing blockchains.

The neural network is used as a reward for running computational nodes and block formation times. Matrix computation servers (neural network weights) are located on the nodes of network members to receive rewards. Similar to Bitcoin miners, nodes require substantial computational power to compute matrices, such as installing powerful dedicated graphics cards (GPUs).

To train the neural network, a genetic algorithm is employed before training, utilizing the backpropagation of errors method to find the minimum value of the target function.

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