Difference between revisions of "Velos"
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* A proposed [[off-chain]], trustless scaling method for [[Tezos (XTZ)|Tezos]]. | |||
* Velos Network is a proposed idea to scale transaction throughput on Tezos, similar to [[Lightning Network|Lightning]] for [[Bitcoin (BTC)|Bitcoin]]. Velos Network integrates a 3rd party "gateway" as a trusted middleman, bound by an [[on-chain]] [[smart contract]] which penalizes bad actors. Read the paper [https://teztech.io/Velos_Paper.pdf here]. | |||
[[Category:Jargon/Various]] | [[Category:Jargon/Various]] | ||
Latest revision as of 06:33, 31 October 2022
- A proposed off-chain, trustless scaling method for Tezos.
- Velos Network is a proposed idea to scale transaction throughput on Tezos, similar to Lightning for Bitcoin. Velos Network integrates a 3rd party "gateway" as a trusted middleman, bound by an on-chain smart contract which penalizes bad actors. Read the paper here.
