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VeriCoin & Verium

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VeriCoin (VRC) and Verium (VRM) are cryptocurrencies. VeriCoin is a digital currency (PoST = Proof-of-Stake-Time) and Verium is a digital reserve (PoWT = Proof-of-Work-Time). They are paired by the Dual Blockchain protocol technology and form what is called the VeriConomy.

Vericoin Digital Currency

VeriCoin is a pure digital currency that runs on a unique protocol known as Proof of Stake Time (PoST).

Vericoin transactions are nearly instant (currently 10 times faster than Bitcoin); however, the upcoming launch of the binary chain which pairs Vericoin with Verium Reserve will see transaction times increase exponentially.

The PoST protocol rewards users with compounding variable interest payments on their coins held in return for leaving Vericoin's digital wallet running on their computer. This process is known as staking. As opposed to Bitcoin's Proof of Work (PoW) protocol that requires large amounts of electricity to mine new coins, the payment of staking interest is how new Vericoin are minted. Incentivized through interest payments, staking serves the purpose of validating transactions on the VeriCoin network. This allows anyone with an internet connection, including the world's unbanked and underprivileged, access to a decentralized financial network providing for the transfer and receipt of funds in a matter of seconds.

Verium Reserve Digital Commodity

News and Updates

Latest news and updates can be found in the VeriCoin & Verium Blog.

Latest highlights:

  • VeriCoin Wallet 1.7 – Released (by verimad | Nov 18, 2017) VeriCoin Wallet 1.7 (Download) has been released! Release Notes
  • New Bitcoin Talk Thread – Binary-Chain – VeriCoin and Verium (by verimad | Nov 11, 2017) We have launched our new Bitcointalk.org thread for VeriCoin and Verium, please join us!

FAQ

Topic central

  1. VeriCoin Fundamentals
  2. VeriCoin Wallet
  3. VeriCoin Staking and Proof-of-Stake-Time
  4. Verium Fundamentals
  5. Verium Wallet
  6. Verium Mining and Proof-of-Work-Time

Complete FAQ Collection

Links

Official Website

Follow VeriCoin and Verium

Twitter (VeriCoin) Twitter(Verium) Blog
YouTube Facebook Forum
Slack Channel Bitcointalk Official Resources
Google+ Dailymotion Channel Pinterest

Get Involved

Are you writing about VRM/VRC? Making videos? Find a cool relevant news story? Building a mining rig? Let us know! Let us help promote your content and bring greater awareness about VRM/VRC to the world! Message us and we'll push it out there!

Of great interest would be alternative applications and projects that utilize VRM/VRC technology!

Who Is Ready To Change The World? VeriCoin is looking for volunteers who believe that a fast, secure and scalable decentralized digital currency will create a better world. We are looking for talented designers, developers, marketers, translators and brand ambassadors to join our movement.

VeriCoin Foundation

Join VeriCoin Foundation: Application for

  • Development
  • Marketing & Promotion
  • Technical Support
  • Global Initiatives

are very welcome.

“Getting involved with the VeriCoin Foundation was one of the best decisions I’ve made. It’s awesome to work on a project that is destined to improve the world while collaborating with so many talented and brilliant minds from all around the globe. We’re creating something entirely new for the whole world to experience. It’s a great feeling!” – Kevin Alvarez, Marketing

Donations

VeriCoin and Verium is an open sourced community driven project. This page lists current development projects, marketing and community outreach initiatives and a developer tipping fund(we are all volunteers). With these donated funds we hope to deliver quicker development progress, larger marketing campaigns, supporting community outreach projects and support for third party development projects. We look forward to your continuing support in making VeriCoin and Verium great!

-Thank you from the VeriCoin and Verium Development Team

Status & Roadmap

Status

Roadmap

Team

The development team behind VeriCoin and Verium:

Press Releases

Press Releases