Veles White Paper

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Hello and welcome to this blog post about Veles White Paper. I am very excited to know that you are interested in this amazing technology, you will be going to amazed by the incredible potential of the blockchain.

There is a lot to learn about this futuristic tech, lets get started to dive into the Veles white paper and start to leverage it to build a more secure and trusted ecosystem for Industry 4.0 applications.

The aim of this blog post is to help you quickly understand about the philosophy behind the Veles (VLS).

I can ensue you that, you will be able to understand every bits and pieces related to Veles (VLS) after going through the Veles white paper.

Without wasting any further time lets get started to dive right in and lets understand white paper first.

What is white paper?

A white paper is an informational, influential, well-structured document, usually published by an organization, to provide in-depth information about a specific solution.

A white paper is used to provide a good insight into the challenges for a specific problem and a proposed solution for the same.

Veles White Paper

Veles (VLS) white paper will be going to provide you, all the information that is needed to get started with Veles (VLS), including the inspiration for creating, the problem it is trying to solve and the solution proposed by Veles (VLS).

Abstract

Veles is open-source software project that aims to help the Internet community to improve freedom of access to information, to prevent Internet censorship, and to improve anonymity of the communications on the Internet. We believe that blockchain technology, introduced by Satoshi Nakamoto and further advanced by many other developers, such as the Dash team which introduced masternode system, can help us to build more fairly distributed, reliable and robust networks.

Existing open-source technologies for providing anonymous connection based on onionnetworking are build upon concept of simple volunteer networks. One of the main ideas behind blockchain is using game theory models to build self-supporting networks, where participants are economically incentivized to support it.

We belive that merging the advantages of this new technological and economical concepts with years battle-proofed foundations for anonymization of the communications over networks already laid by thousands of cypherpunks and hackers could be the right way to achieve the vision of Veles project and to move the technology that helps the Internet community another little step forward.

White Paper Link: Veles White Paper

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