And if such technology wants to be put into application, the biggest problem is the "impossible trinity problem"
That is, scalability, decentralization and security cannot be achieved at the same time, and the three can only be the second.
Most of the existing public chain projects in the market are difficult to put into use on a large scale.
If there is a public chain project that can solve this problem, it will be a change in the blockchain.
Backed by the world's first and largest encrypted digital currency payment platform and wallet solution with a user base of more than 3 million, Velas (Virtual Extended Learning) is a public chain that enhances its * * * recognition algorithm through artificial intelligence (AI) optimized neural network, which conducts self-learning and self-optimization, and is committed to improving the security, interoperability and high scalability of the transfer process and smart contracts. Velas adopts DPoS *** knowledge enhanced by AI, and completely realizes decentralization without reducing security and transaction speed.
Velas recently launched Velas desktop wallet and online wallet.
Velas network wallet
Velas Web Wallet allows users to handle cryptocurrencies, purchase Velas Pass VLX in their web browsers, and support convenient viewing of the detailed history of all wallet transactions. Login credentials have an additional security layer of two-factor authentication.
In addition to the basic functions of creating and restoring wallets according to mnemonic strings, all data stored in Velas web wallets are encrypted by RSA-256-CBC algorithm to ensure that user data is not stolen or embezzled by system owners or external attackers.
A prominent function of the web version of the wallet is to support the exchange of VLX tokens into other encrypted currencies in the wallet, and the wallet will constantly refresh the current exchange rate of VLX against all legal tender for users' reference.
Velas desktop wallet
Velas desktop wallet is a highly secure wallet program, which is suitable for Windows, macOS and Linux operating systems. Desktop wallet also uses the same mnemonic function and RSA-256-CBC encryption algorithm as online wallet.
Unlike online wallets, Velas desktop wallets allow users to store their wallets directly on their computers, thus avoiding the potential risks of online attacks, including phishing, IP fraud and XSS. It is worth mentioning that both desktop and online wallet provide users with automatic locking options for security issues. If you don't use it for a long time, you need to enter your password when you log in again to access it again.