Understanding Velas with CTO Roman Cherednik

29/04/2022 51 min Temporada 1 Episodio 1

Listen "Understanding Velas with CTO Roman Cherednik"

Episode Synopsis

AMA with Roman Cherednik, Chief Technology Officer at Velas

In this episode we discuss...

- Brief history and origin story
- The architecture and algorithm of consensus for Velas
- Transaction costs of Velas being around $ 0.001, and how does Velas serves such high TPS at such low cost
- Ecosystem for applications and how that involves the native token
- 3 of the most successful projects on Velas
- Velas tokenomics, specifically around inflation
- Current infrastructure of the network (wallets, bridges, decks etc.)
- What infrastructure projects the network needs at the moment
- Grant programs for developers
- Node validators incentives and how much does a validator have to spend to have a Velas node from hardware perspective

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