The World’s First Binary Blockchain Protocol.
VeriCoin and Verium is the first dual blockchain protocol technology that pairs a digital currency with a digital asset. This means faster transactions, more security and solves the digital currency scalability puzzle.
Binary-Chain Explained:
Current digital currencies face an impossible task of trying to be both a fast currency and a secure store of value. VeriCoin and Verium together solve this problem with the groundbreaking dual blockchain system called Binary-Chain. Binary-Chain, secures and accelerates transactions by leveraging complementary protocol technologies (PoST [Proof-of-Stake-Time] and PoWT [Proof-of-Work-Time]), into a cutting edge blockchain ecosystem. This results in:
·Reduced transaction times for VeriCoin (as fast as 30 seconds).
·Improved Verium transaction times from 5 minutes down to 1 to 3 minutes.
·Full decentralization through two chains (PoST and PoWT)
·Complete immutability
·A fully secure digital financial system
It looks like Vericoin had promise after it launched in 2014. How strong is the team behind it and how do their features / value proposition create a user community that is sticky to increase use of the currency?
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Vericoin was one of the first coins I was interested in when they were started. It seems like great tech, and I always wondered why they didn't get bigger. I keep a paper wallet with some, but haven't looked into it for a long time. The other one I always thought was under rated is NXT.
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