UNDERSTANDING HOW TO CREATE AND RESTORE VELAS WALLET ON ALL BROWSERS

in velas •  4 years ago 

FIRST, A brief understanding of VELAS as an entity will help to better consolidate and deepen our understanding of what solutions they represent. The Velas blockchain uses AI-enhanced DPOS (AIDPOS) consensus for high volume transaction processing without sacrificing decentralization and security. See the below picture.

1.png Picture 1: Index page of Velas URL: https://velas.com/

It is equally important to Know that the Velas Desktop Wallet is a highly secure wallet program that runs on Windows, macOS, and Linux operating system. The desktop version of the wallet also uses the same mnemonic seed phrase feature and RSA-256-CBC encryption algorithm as the web version. The Velas blockchain uses AI-enhanced DPOS (AIDPOS) consensus for high volume transaction processing without sacrificing decentralization and security.
2.pngPicture 2:from https://velas.com/wallets-desktop.html

Downloads of Desktop Wallets (Mac, Linus, Windows) will be available SOON.

LET US GO TO WEB WALLET TO CREATE OUR VELAS WALLET

Let us go further to know that Velas Web Wallet is WEB version that enable users to specify cryptocurrency transfers in any currency of their choosing. The wallet is continually updated with the current VLX exchange rates against all fiat currencies. The Velas blockchain uses AI-enhanced DPOS (AIDPOS) consensus for high volume transaction processing without sacrificing decentralization and security.

>>> GO TO https://wallet.velas.com/ <<<<

Click on CREATE button (this is for creating new wallets)
Velax page 1.png

Insert and click ENTER your Password/PIN (Make sure you use alphanumerics as this further strengthen your security in case there is a security compromise)
Velax password page 2.png

CAN YOU SEE YOUR SEED PHASE? These are important keys needed to access your wallet anytime there is need for it. Write this keys down in a save place. Click SAVE

LET ME SOUND A WARNING HERE; ANYONE WHO FINDS THIS KEY HAVE 100% ACCESSS TO YOUR WALLET. CAUTION! CAUTION!! CAUTION!!!
Seed phase velas wallet.png

YOU NEED TO VERIFY YOUR WALLET: This is where you are to provide any three keys as required from you. You get those keys from your ALREADY WRITTEN DOWN SEED PHASES.
Verify wallet velas.png
Click CONFIRM SEED

The Velas blockchain uses AI-enhanced DPOS (AIDPOS) consensus for high volume transaction processing without sacrificing decentralization and security.

READ and click ACCEPT
Term of Use-Velas Wallet.png

HERE IS YOUR WALLET WHERE YOU CAN SEND and RECEIVE VLX coin. You can see your WALLET ADDRESS/PUBLIC KEY which is given generously to people who will pay or send you VLX payment.
Full page-Velas Wallet Last page.png

CAN YOU OBSERVE SOMETHINGS FROM THE WALLET?
This feature allow users to stake their VLX tokens on the right of any particular node to participate in the formation of blocks in the next production era. Nodes that are successful in becoming block producers will distribute 80 percent of their block rewards to the users who correctly predicted their election.
The Velas blockchain uses AI-enhanced DPOS (AIDPOS) consensus for high volume transaction processing without sacrificing decentralization and security.

PART TWO
HOW TO RESTORE YOUR WALLET

>>> GO TO https://wallet.velas.com/ <<<<

The Velas blockchain uses AI-enhanced DPOS (AIDPOS) consensus for high volume transaction processing without sacrificing decentralization and security.
Click on RESTORE button (this is for restoring old wallets)
restore velax wallet.png

Insert and click ENTER your Password/PIN (your store password. Remember you generated this PIN/Password your while creating your wallet)
Velax password page 2.png

Here you will enter all the seed phases you have (12/24 words) and click NEXT. This brings you into you wallet. Remember: The Velas blockchain uses AI-enhanced DPOS (AIDPOS) consensus for high volume transaction processing without sacrificing decentralization and security.
restore velas 2.png

HERE IS YOUR WALLET RESTORED WHERE YOU CAN SEND and RECEIVE VLX Coin. You can see your WALLET ADDRESS/PUBLIC KEY which is given generously to people who will pay or send you VLX payment.
Full page-Velas Wallet Last page.png

CAN YOU OBSERVE SOMETHINGS FROM THE WALLET?
This feature allow users to stake their VLX tokens on the right of any particular node to participate in the formation of blocks in the next production era. Nodes that are successful in becoming block producers will distribute 80 percent of their block rewards to the users who correctly predicted their election.
The Velas blockchain uses AI-enhanced DPOS (AIDPOS) consensus for high volume transaction processing without sacrificing decentralization and security.

For Further Information About VELAS:
LinkedIn: https://www.linkedin.com/company/velas-ag
Telegram: https://t.me/velascommunity
Instagram: https://www.instagram.com/velas.blockchain/
Twitter: https://twitter.com/VelasBlockchain
Facebook: https://www.facebook.com/velasblockchain/
GitHub: https://github.com/velas
Medium: https://medium.com/@VelasBlockchain
Discord: https://discord.gg/CTcKpPc

THE END
Pls this publication is intended for ALL who need to learn to create/restore VELAS Wallet.

Author Description:
Bitcointalk Username: bitcoineers1
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2589420
VLX Address: V8rGoQXLGeutQWVmKK7VJESGU5dvHk7tZa

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