Not in competition but fastest and cheapest Blockchain. Here are few other things to know about velas - Fork of Solana with full EVM compatibility built on top - Competitor of Ethereum 2.0 in performance; - Fast optimistic finality (1.2 sec); - Highest throughput; - Ultra-cheap transactions (you can make thousands of transactions for $1); - Bridges with all liquid EVM chains. -High throughput. More than 50,000+ transactions per second. -Resistance to various types of attacks. -DPoS consensus based on VLX tokenomics. -Support for applications written for the Ethereum ecosystem. In other words, support for Metamask, Solidity Language and Ethereum Virtual Machine. -New level cross-chain interaction. Fully decentralized custodian and management of assets of different blockchains like Bitcoin, Ethereum, ZCash. -Decentralized and autonomous storage of user secrets and secrets managed by smart contracts.
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