Too Long; Didn't Read
Distributed Ledger Technology (DLT) has been through several iterations over the years and currently exists in several forms. Developers often find they are coming up against the same problems - lack of decentralization, slow transactions speeds, or inconveniently large nodes. A new startup based in Switzerland has developed the first AI-enhanced distributed proof-of-stake (AI-DPoS) blockchain network, VELAS. The idea is that'swarms of artificial intuitions constantly evaluate every potential block producer on the network, running all necessary data through an algorithm.