Veles
1. Summary
Limited data
- 100% of the Veles code repositories are forked (originally copied) from another project.
- Description
-
Description
Description
Veles is a decentralized network that combines VPN encryption security with community-based proof-of-work cryptocurrency payments. Users can rent out their unused traffic or purchase VPN services within the network, ensuring private, nearly instant, and low-fee payment options. The system is built on blockchain technology, utilizing peer-to-peer networking to provide VPN services, rather than relying on a central entity. This approach ensures users participate equally, and there is no single entity controlling or potentially selling user data to authorities.
The project focuses on building a decentralized, open-source network that acts as a marketplace. Users can provide services and receive payments in the native cryptocurrency, maintaining privacy and security. Additionally, Veles aims to expand its platform to include features like decentralized recurring DNS, distributed instant messaging, and trustless software builds.
Key Features
- Decentralized VPN and tunneling services
- Decentralized recursive DNS
- Community-based proof-of-work cryptocurrency payments
- Peer-to-peer networking with blockchain technology
- Open-source and decentralized network approach utilizing Masternodes
- Focus on maintaining user privacy and security
Performance and Scalability
The system is designed for scalability and reliability, leveraging innovative blockchain solutions to overcome common issues. Flexible block spacing, instant mining protection, and dynamic capped block rewards ensure fair and consistent mining opportunities. Adaptive non-linear halving mechanisms tied to the active hashrate protect the ecosystem from inflation and ensure long-term sustainability.
Governance and Funding
Veles operates with a fair and transparent monetary policy, ensuring store of value for the cryptocurrency. Open community funding and a decreasing development fund contribute to the project's growth. Governance is shifting toward decentralized decision-making, empowering network participants to manage and guide the project's progress.
| Price | |
| 52W High price | $0.22 |
| 52W High date | 14th Jun 2022 (2 years ago) |
| All Time High (ATH) Date | 16th Apr 2025 (3 weeks ago) |
| All Time Low (ATL) Date | 16th Apr 2025 (3 weeks ago) |
| Supply & Trading Volume | |
| Trading Volume (24h) | $15.00 |
How does Veles's () performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
%
14.8%
Similar Market Cap
We're monitoring 25 Veles GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.
Weekly Commits (All Veles Repos)
Commits vs. The Market
- Past 4 weeks: 0 commits vs. an average of 0
- Past 12 weeks: 0 commits vs. an average of 5
- Past year: 0 commits vs. an average of 65
Most Active Repos
| Past week | 0 |
|---|---|
| Past 12 weeks | 0 |
| Past year | 760 |
| Past week | 0 |
|---|---|
| Past 12 weeks | 0 |
| Past year | 10 |
| Past week | 0 |
|---|---|
| Past 12 weeks | 0 |
| Past year | 9 |
| Past week | 0 |
|---|---|
| Past 12 weeks | 2 |
| Past year | 2 |
| Past week | 0 |
|---|---|
| Past 12 weeks | 0 |
| Past year | 1 |
| Past week | 0 |
|---|---|
| Past 12 weeks | 0 |
| Past year | 0 |
Top Developers 2025
In total, 4 developers have contributed to Veles over the past year. Who are the most active Veles developers, by commits, over the past year?
Related Projects
Developers working on Veles also worked on these projects.
Tip: Toggle each network by clicking the name above
Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | 0 |
|---|---|
| Active Reddit Users (past 24h) | 0 |
| Discord users | |
| Active Discord Users | |
| Telegram Users | |
| Twitter followers | 645 |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://veles.network |
|---|---|
| Explorer | http://explorer.veles.network/ |
| @velescore |
Has Veles been audited for security?
No security audits found for this project.
Are you the owner of Veles? Edit it here
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