What is Verus (VRSC)?
Verus is scalable public infrastructure for the world. Delivering public
infrastructure services such as blockchain and token creation,
self-sovereign digital identities, DeFi, secure vaults and privacy.
Organizations, companies and entrepreneurs use the rent-free,
decentralized multichain network to build blockchain-based systems,
businesses, products and services.
Launch independent, interoperable, scalable and fully customizable
public or private blockchains with Verus PBaaS (Public Blockchains as a
Service). Ready within minutes. Miners and stakers of the worldwide
Verus network are ready to support your independent blockchain with no
additional cost or effort. Makers can focus on one thing only; creating
products and services they care about.
Create tokens with the most powerful token experience in the crypto
industry. Verus token technology can provide for any use case. From
tickets and coupons to voting cards and meme-tokens. Fully customizable
for anyone's needs.
Whether projects start a blockchain or token, each connects to the
global network of liquidity provided by Verus. Powerful built-in DeFi
technology makes sure projects have instant liquidity. Remember the days
when projects needed an exchange listing to create a market or find
liquidity? Those days are over.
Verus is uniquely positioned to be at the center of the crypto industry.
All blockchains, public or private, can easily connect to Verus through
advanced bridging technology. Blockchains and tokens can connect to the
global network of liquidity, and take advantage of all Verus has to
offer.
Who Are the Founders of Verus?
Verus was founded by a community collective and launched in May 2018.
One community member is lead developer Michael Toutonghi, an industry
veteran that earned his stripes as a talented programmer and systems
designer. His wealth of experiences include being recognized founder and
architect of Microsoftu2019s .NET platform and former Vice President and
Technical Fellow at Microsoft. He is also an experienced digital
identity, distributed computing, and machine learning architect.
What Makes Verus Unique?
Verus solves many problems still troubling the crypto industry today
because of design choices made from the start. Unlike other blockchain
systems, everything on Verus happens on the protocol layer (Layer 1),
rather than through add-on Layer 2 solutions.
Verus is a multichain network where anyone can create customizable,
independent, interoperable, and scalable blockchains with a few
commands, provisioned by miners and stakers of the Verus network. Verus
solves the scalability issue without sacrificing security and
decentralization.
Verus has simultaneous processing of conversions, making front-running
impossible. Due to design choices, Verus does not suffer from MEV (Miner
Extractable Value). It keeps the protocol fair for everyone involved.
Verus aims to be a giant network of value connecting all
cryptocurrencies. Creating a global economy everyone can earn from.
How Many Verus (VRSC) Coins are There in Circulation?
The maximum supply is 83,540,184 VRSC. All coins in circulation are
earned by mining and staking.
It is worth noting that Verus never had an ICO, didnu2019t have a premine
and has no developer or founder fees. It is a true community project in
the spirit of Bitcoin. There are no companies, people, or other entities
that take rent from the Verus multichain network.
How is the Verus Network Secured?
The Verus multichain network is secured through proof-of-work and
proof-of-stake. It combines the best of both worlds; energy-efficient
staking, and robust, secure mining.
On top of that, every miner can merge-mine up to 22 PBaaS-chains
simultaneously with shared hashrate, creating a green mining revolution
and making mining on the Verus multichain network incredibly energy
efficient and profitable.
