Nothing here is speculative. All four are in the source, on the chain, and verifiable today.
Every signature is ML-DSA-65 (Dilithium-3, NIST FIPS 204). A shelved quantum computer coming online next year doesn't invalidate a single UTXO. No secp256k1, no migration story, no hybrid bridge.
VeldHash uses a 1 GB dataset, 8 FP registers, and an epoch-rotated seed. ASIC-resistant in the RandomX tradition. Your CPU earns. GPU farms don't dominate — laptop, desktop, home rig, same dataset.
Every block: 50% to the miner, 20% co-mining, 20% vault (stakers), 10% endorsement (validators). Combined multipliers cap at 3.00×. Drive-by extraction earns the floor; the tier ladders only open up when you stay in.
No cross-chain trust surface. No smart-contract VM to DoS. No pause switch, no upgrade multisig, no privileged RPC. Governance is the only protocol lever — and it requires an on-chain validator quorum.
Mining, staking, validating, co-mining, governance, and just holding — they all compound.
Download VeldClient, double-click Start Mining. Your CPU hashes VeldHash (1 GB memory-hard) to find blocks. Winning miner receives a flat 50% of the block reward direct to their address — same dataset on every machine, no gatekeeping, no pool fees.
Lock VELD for 7 / 14 / 30 / 90 days — minimum stake 1,000 VELD, exactly as mainnet will run. Longer lockups earn higher multipliers (1.00× → 1.50×). Every 480 blocks (daily) the vault distributes 90% of that cycle's inflow to all stakers proportionally — the remaining 10% stays as principal so the vault grows monotonically. No validator gate.
Stake the 10,000 VELD validator bond and register your ML-DSA-65 pubkey. Your daemon signs each new block. Every 480 blocks (daily) the endorsement pool pays validators by endorsement count.
Not every hash wins — most are "near-misses" within 4× of the target. Every 100 blocks, the chain runs a uniform lottery over every miner with at least one near-miss that window. A fixed set of winners is drawn — five on small networks, twenty once active miners exceed 1,000 — and each takes an equal share of the co-mining pool. No weighting by near-miss count, no carry-over decay — every eligible miner has an equal shot every cycle. Just keep mining.
Pool VELD together with btcVELD (Bitcoin on the Veld chain, backed 1:1) and earn the fee on every swap — 1.00% while the pool is shallow, easing to 0.30% as liquidity deepens. The entire fee accrues to liquidity providers; there is no protocol cut. Withdraw at any time: removing liquidity is never gated, so funds are never trapped.
Don't trust, verify. The same client that mines runs a full P2P node: it independently validates every block, every signature, every coinbase split. Nothing about the chain's state depends on a central server you have to trust.
Every VELD in existence is minted as a block reward to a participant. No pre-mine, no treasury, no founder allocation.
Longer commitments earn more. The lockup multiplier stacks with your mining tier.
Tiers are activity-based, not cumulative. A "day" = 480 blocks (~24 h). A day counts as "active" if you mined at least one block in it. Your tier is recomputed every block from the last N days. Mine consistently and the tier climbs; stop mining and it drops — no one-time milestone unlocks a permanent multiplier.
The production Veld network is live. Download the signed v2.9.1 client below to run a full node and mine directly to your own wallet.
Consensus rules, post-quantum cryptography, lockup tiers, the equal-chance co-mining lottery, validator slashing, governance timelocks, and the 38-year issuance schedule. Everything you'd want to know — and a few things you probably wouldn't.
Download the client, pick a wallet, leave it running. No sign-up, no account, no KYC — your address is your identity.
Grab VeldClient-Windows-x64.zip from below. Extract anywhere on your PC. No install, no admin rights needed. The package is ~2.5 MB, and your node syncs from the network’s four relay anchors on first run.
First run shows a four-option prompt: resume, import keyfile, paste a private key, or create a new wallet. Pick one — that becomes your miner's reward address.
The node syncs with peers, then mining starts automatically. CPU spends about 100% of one core on VeldHash. Close the window to stop. Everything you earn lands at your address directly.
On the very first start-up, the binary prints a four-option menu right in the console:
Your pick becomes the miner's reward address. It's encrypted to veld-data\miner.key with your passphrase. Back that file up before deleting anything.
Extra requirements if you want to endorse blocks for a share of the endorsement pool:
The desktop client runs a full P2P node, mines blocks, and endorses as a validator — all in a single process. Everyone has access to the ability to mine. Stay in, and the tiers compound — long-term participation is heavily rewarded.
~2.5 MB zip · self-contained · Windows 10 / 11 · runs without install. Extract and double-click Start Mining.bat. First launch verifies the package, then syncs the mainnet chain from the relay anchors.
C:\Veld, a thumb drive, wherever.Start Mining.bat in the extracted folder.Get-FileHash -Algorithm SHA256 .\VeldClient-Windows-x64.zip — match the SHA256 above.