Velas (VLX)

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Velas (VLX) Review

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The nodes form a test dataset prior to the formation of a new block cycle. After the formation of the test sample, the matrices are checked. The matrix with the smallest error wins and gets loaded into the next era. The node of the winning matrix receives Velas (VLX) defi token from the network by solving blockchain network maintenance tasks, each AIDPOS node makes an intellectual contribution by further developing a neural network. This all happens without requiring any understanding of programming languages by operators of selected nodes.
Each node forms its own dataset (training sample) from the blockchain data. From this data, a layered training of the genetic algorithm occurs and each additional layer learns from the preceding layer, according to the principle of an autoencoder. After the pre-training, the backpropagation method is applied to tighten the weights to a minimum. The network must be trained before the next block cycle.

Essential Information

Velas Price $0.040954 USD
Token Name Velas 
Token Symbol VLX
Velas ROI 113.32%
Website Link Home
Market Cap $57,812,304 USD
Circulating Supply 1,411,632,215 VLX
Whitepaper Whitepaper
Market Rank #135

More about Velas (VLX):

Token Swap: Coinpayments Coin to Velas coin (VLX) defi token was done via the Coinpayments platform on the 4th of July 2019 and will mark the day of Velas independence from original token. This will also launch the first Stage described in Technical Paper: Stage 1 (Pre-Alpha): Creation of the blockchain system structure, coins, transactions on 4 nodes. Nodes will be run by network organizers during pre-alpha stage. A smart contract in the wallet will allow all CPS coin (CoinpaymentsCoin) users to swap 1:1 to VLX (Velas). Creation of tokens or custom digital assets. Each Stage is estimated to take 3-6 months to roll out.


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Velas (VLX) Scam or Not?

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