Verus
Verus The coin aims to become the world's most technologically advanced, zero-knowledge privacy-enabled blockchain.Verus The coin brings Sapling performance and zero-knowledge capabilities to an intelligent system that uses a completely unique consensus algorithm combining proof of stake and proof of work, solving the nothing-at-stake problem. With this, together with its approach to CPU mining and application-specific integrated circuits,Verus the coin may also be the most naturally decentralized and attack-resistant blockchain in existence. In addition to its leading privacy, interchain contract, and security features,Verus the coin's next step includes automatically provisioning public blockchains as a service, using Verus the same technology developed by the developers and used to solve the “nothing-at-stake” problem. At that point, the first applications able to provision chains on behalf of users will be polling and elections.Verus introduces a new consensus algorithm called Proof of Power, a 50% proof-of-work/50% proof-of-stake algorithm that resolves theoretical weaknesses in other proof-of-stake systems and is proven immune to 51% hash attacks, making Verus one of the most double-spend-resistant public blockchains in operation, and possibly the most double-spend-resistant. With its pioneering consensus protocol,Verus also uses a unique hash algorithm, namely Verus hash; this is a quantum-secure hash algorithm whose mineability on central processing units and graphics processing units is nearly identical.Verus The coin's project vision includes automatically provisioning public blockchains as a service.Verus is a community project with no ICO, no pre-mine, and a fair launch in the form of 100%.
Overview
Verus The coin aims to become the world's most technologically advanced, zero-knowledge privacy-enabled blockchain.Verus The coin brings Sapling performance and zero-knowledge capabilities to an intelligent system that uses a completely unique consensus algorithm combining proof of stake and proof of work, solving the nothing-at-stake problem. With this, together with its approach to CPU mining and application-specific integrated circuits,Verus the coin may also be the most naturally decentralized and attack-resistant blockchain in existence. In addition to its leading privacy, interchain contract, and security features,Verus the coin's next step includes automatically provisioning public blockchains as a service, using Verus the same technology developed by the developers and used to solve the “nothing-at-stake” problem. At that point, the first applications able to provision chains on behalf of users will be polling and elections.Verus introduces a new consensus algorithm called Proof of Power, a 50% proof-of-work/50% proof-of-stake algorithm that resolves theoretical weaknesses in other proof-of-stake systems and is proven immune to 51% hash attacks, making Verus one of the most double-spend-resistant public blockchains in operation, and possibly the most double-spend-resistant. With its pioneering consensus protocol,Verus also uses a unique hash algorithm, namely Verus hash; this is a quantum-secure hash algorithm whose mineability on central processing units and graphics processing units is nearly identical.Verus The coin's project vision includes automatically provisioning public blockchains as a service.Verus is a community project with no ICO, no pre-mine, and a fair launch in the form of 100%.