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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Verus (VRSC) - zk-SNARK privacy, CPU-mining, 50/50 POW/POS, fair launch on: November 17, 2020, 09:55:52 PM
VERUS ANNOUNCES NEW EXCHANGE LISTING, CONTESTS WITH 140,000 VRSC IN PRIZES, AMA & HALVING

London, November 11, 2020: Privacy, identity, and the DeFi-ready blockchain ecosystem, Verus, announces its newest exchange listing on Bithumb Global, a top-tier digital asset trading platform, providing world-class fiat and cryptocurrency trading services to users worldwide. Backed by more than half a million community members, Bithumb Global enables each global user to trade, participate or contribute to the digital assets ecosystem as part of the Bithumb family, one of the most popular cryptocurrency trading platforms in South Korea with over $1 trillion USD in cumulative, annual transaction volume. Bithumb Global will now list VRSC for purchase, trading, and for a limited time – on-exchange staking.

To celebrate the new Verus exchange listing, Bithumb Global is giving away 140,000 VRSC in a series of contests, an amount worth $50,000 USD as of November 3rd and over $55,000, as of November 11th!

The contest includes three events:

1) Trading competition – Participants can compete to have the highest accumulated trading volume with a minimum of 4,000 VRSC traded. The top 1500 traders will get a share of 53,500 VRSC in prizes.

2) Buying competition – If participants buy 500 VRSC or more, they earn bonuses of up to six percent.

3) Staking giveaway – After purchasing, participants can stake to earn even more in Event 3, choosing to lock their token for 30-60 days earning up to an additional 5 percent (30% Annual percentage yield).

The contest starts when the listing is launched on November 11 at 4:00 EST / 9:00 UTC on Bithumb.pro. Participants can sign up to buy, trade and stake VRSC to earn thousands of dollars in Verus given away by the community. And before the contest, questions can be directed to Verus.io/discord. To ensure referral fees go to the Verus Coin Foundation, an independent, non-profit organization, funding by donations to support the Verus Project, its development, and community, users are encouraged to use the referral code 8jznat when making a new account.

In addition to the contest giveaways, Verus and Bithumb are teaming up to offer an ‘Ask Me Anything’ (AMA) session, with Verus lead developer Mike Toutonghi, where participants can earn while learning about the open-source blockchain protocol designed for privacy, safety, open participation, and unlimited scalability. The event will be hosted for one hour starting on November 12 at 3 AM EST / 8 AM UTC on Bithumb’s Telegram channel https://t.me/bithumbglobal_EN

Verus Halving
In less than two weeks, Verus will also be undergoing a halving, cutting default mining and blockchain staking rewards in half and diminishing from 24 to 12 VRSC for every block mined or staked. The halving is significant because it marks another drop in Verus’ dwindling finite supply. The total maximum supply of Verus is 83,540,184. At the time of writing, there are 58,623,495 VRSC already in circulation, leaving just 24,916,689 left to be released via coinbase rewards.

Verus is scheduled to halve every 1051200 blocks indefinitely (approximately every 2 years). Miners and stakers will also be rewarded with fees for processing transactions that network users will pay. Because of its unique architecture, 100% of rewards from transactions go to miners and stakers on the network.

The Verus network has introduced a new consensus mechanism: called Proof of Power, a 50% Proof of Work and 50% Proof of Stake algorithm. It uses a statistical function that combines Proof of Work and Proof of Stake to validate each block by either, while averaging to a target percentage of blocks being validated by each form of proof.

Proof of Power is a provable hybrid solution to 51% Hash Attacks and the staking algorithm solves the two major theoretical issues undermining other Proof of Stake systems, “nothing at stake” and “weak subjectivity” by leveraging its smart transaction capabilities to remove any incentive to attempt cheating, making it a losing proposition.

Proof of Power is a groundbreaking consensus protocol that uses a unique hash algorithm, VerusHash, a quantum secure hash algorithm that nearly equalizes the cost/performance ratio of both CPUs and FPGA, lowering the hardware barrier of entry and making it so that anyone can help participate in securing the Proof of Work network, as most people believe Satoshi intended in the original BTC protocol.

The halving will take place on November 22, around 03:12 UTC. A countdown clock can be viewed at https://countdown.verus.io/halving/

About VRSC:
Verus is a truly free, decentralized protocol and rent-free blockchain framework that provides chain interoperability that can scale to the world. It’s not just a protocol, but an ecosystem of interconnected blockchains. The Verus Project has also developed and is nearing mainnet rollout of a new technology, Verus DeFi, which has been successfully testing since last year. Once on mainnet, the Verus DeFi system will be a fractal, market-driven, and completely liquid worldwide network of independently valued currencies and protocol-based currency baskets that allows anyone holding Verus to perform currency conversions, cross-chain transactions, and launch their own fractional reserve currencies as well.

The next generation DeFi enabled platform is designed as a scalable, secure, public network with privacy built-in. Verus offers superior decentralized finance for community driven liquidity by utilizing simultaneous parallel processing of DeFi transactions, allowing Verus to advance the technology underpinning automated market makers and community liquidity. The result is a series of improvements including the elimination of front-running, lower costs and optimization of liquidity.

Verus was fairly launched with no ICO, no pre-mine, no development fee, and with advance mining notice, all network fees go to blockchain miners and stakers, as well as DeFi currency holders. Development is funded through community donations, supported by the non-profit Verus Coin Foundation, and there are no centralized or rent-seeking fees in the protocol whatsoever.

Verus supports both transparent and fully private blockchain addresses and also offers self-sovereign, fully decentralized recoverable friendly name identities. In addition to these capabilities, which are available today using the Verus Desktop GUI application for Windows, Mac, and Linux platforms, Verus is testing its upcoming release that supports unlimited tokenization of assets.

Coupled decentralized bridging protocols which will allow various coins, Ethereum-based currencies, UTXO blockchain-based coins, and others, to be represented on the Verus system in a decentralized manner, will allow currencies to be sent into the Verus network from other cryptocurrency systems and also allow all Verus-created currencies to be sent to and represented in the Ethereum network as automatically created ERC20 tokens. The Verus Community believes this will lead to an expansive universe of tokens and coins with liquidity across the Verus system and other leading blockchain networks.

Learn more at Verus.io or join the community discord at Verus.io/discord
2  Alternate cryptocurrencies / Mining (Altcoins) / This Crypto Mining Rig Has Mined 1,000 + ETH on: November 02, 2020, 07:41:13 PM
This Crypto Mining Rig Has Mined 1,000 + ETH

https://youtu.be/IwGK_aa2-Kc



https://youtu.be/IwGK_aa2-Kc


This four-year-old GPU mining rig with R9 390x 8GB OC cards has mined a thousand + of ETH and is now getting repurposed. I bought these cards refurbished for $100 a piece and used to mine anywhere from 2 to 4 ETH a day back in the good old days. (Spoiler alert - ETH was only worth a dollar or so at the time.)

What is the Verus Platform?
https://youtu.be/eOn9XpjkuCA
Verus Discord: https://veruscoin.io/discord

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3  Alternate cryptocurrencies / Altcoin Discussion / Re: The Next Generation Defi Enabled Platform Offers Solutions For Defi’s Challenges on: September 21, 2020, 04:01:42 AM
IMO, i think this will be a great project and hoping they becomes successful since they opt to challenge the modern DEFI means of operation. do they have any social media link like twitter or medium, telegram. i will like to know more about the project and the community supporting the project. will also like to know the team behind this great project.

You can join their Discord here: https://veruscoin.io/Discord

and

Read more here: https://wiki.veruscoin.io/#!information/verus-welcome.md

4  Alternate cryptocurrencies / Altcoin Discussion / Re: What new DeFi token do you know? on: September 12, 2020, 06:01:54 PM
Hi, Guys! How are you?

I would like to know new perspective DeFi coins for the investment. Please set your proposals here.



My vote would be for Verus, you should really take a strong look at it! It's going to change the way we think of decentralized Finance and allow the entire ecosystem to be interconnect.

Verus is the next generation DeFi enabled platform, which was designed as a scalable, secure, public network with privacy built-in. Verus was fairly launched with no ICO, no pre-mine, with advance mining notice on the BitcoinTalk forum, and no development fee or other rent-seeking taxes. Verus offers recoverable friendly name identities, and unique smart transactions to ease the development of applications and services. In addition to these capabilities, which are available today using the Verus Desktop GUI application for Windows, Mac, and Linux platforms, Verus is testing its upcoming release that supports unlimited tokenization of assets. It is a truly free, decentralized protocol and a rent-free blockchain framework that provides chain interoperability that can scale to the world. Once on mainnet, the Verus DeFi system will be a fractal, market-driven, and completely liquid worldwide network of independently valued currencies and protocol-based currency baskets. The Verus community continues to grow organically with one-hundred percent of rewards from the network returned to miners and stakers.


https://thebitcoinnews.com/the-next-generation-defi-enabled-platform-offers-solutions-for-defis-challenges-and-a-blueprint-for-blockchain-evolution/ -- This is a really good article but you should check out this one as well: https://medium.com/veruscoin/verus-testnet-release-marks-new-advancements-in-crypto-2701bf3e7c3

5  Alternate cryptocurrencies / Altcoin Discussion / The Next Generation Defi Enabled Platform Offers Solutions For Defi’s Challenges on: September 12, 2020, 05:54:33 PM
This is incredible!!

The Next Generation Defi Enabled Platform Offers Solutions For Defi’s Challenges And a Blueprint For Blockchain Evolution






While most protocols offer partial solutions that don’t fit together or scale, Verus’ whole system build offers fundamental advances woven into the protocol layer that create an interoperable-blockchain DeFi network.



Currency Launches with Fractional Reserve Option: Anyone with a VerusID can launch a currency on the Verus test network as a stand-alone currency or with a fractional reserve. The fractional reserve can be a basket with multiple tokens providing built-in liquidity pools and access to finance.

Front-Running Resistant Protocol: Simultaneously solves all DeFi transactions for a particular currency or liquidity pool in a single block, meaning that neither miners nor fee inflators gain by putting one transaction in front of or behind another, since there is no “front”.

No Fluctuating Gas Fees: Conversions are as quick as sending a currency and fees remain flat at 0.025% between fractional basket currencies and their reserves in either direction and 0.05% for reserve<->reserve conversions, which are preferred for arbitrage or currency agnostic, conversion bargain-hunting.

Interoperable Blockchain Bridges: The Verus network enables bridging with other blockchains that implement a specific protocol interface. This cross-blockchain protocol works automatically between independent and merge-mineable PBaaS blockchains on the Verus network, and there is an ETH contract-based implementation of the protocol in progress.

Revocable, Recoverable & Theft Resistant IDs:For the first time ever, using VerusID (technology currently on mainnet), people using the network  can recover funds in any currency on the network, should private keys be lost or stolen. Funds can be inherited if a wallet owner passes away. This is all possible while remaining 100% self-sovereign and decentralized.

Seattle, September 11th 2020: Pioneering, community-driven blockchain, The Verus Project, announces the official launch of its public, multi-currency testnet with integrated DeFi and liquidity protocols. Development of these new blockchain capabilities is led by Verus developer Mike Toutonghi, a software veteran who led Kernel development on Microsoft 95. Mike’s an ex-Vice President and Technical Fellow at Microsoft, one of the founders of Microsoft’s Java and .Net platforms, and has served as CTO for Parallels, Inc. as well as machine learning consultant for companies like Synacor and others. Mike Toutonghi as well as numerous other developers and contributors across the community, each with just as interesting backgrounds, are committed to building the world’s future blockchain infrastructure, applying cutting-edge decentralized technology to make fundamental financial systems, people powered and available to all.

Once the testnet has completed this phase as validation, these features will be available on the main Verus network and in Verus Desktop and via a mobile experience that will enable Fiat on and off ramps in 145 countries around the world. Verus Desktop and Verus Mobile also support many popular currencies, including Bitcoin, Zcash, ETH and ERC20 tokens already. The Verus backend business software, such as mining pools, explorers, self-sovereign payment systems, are also community developed and maintained and available as open source for customization or productization and as tools for building more specialized applications or businesses.
Mike Toutonghi, the Lead Developer, had this to say: “Similar to the early days of PCs or emergence of the Internet, today’s blockchain networks are like single-tasking PCs with so much more potential. I see multi-currency protocols as a requirement to enable a decentralized financial network of blockchains and subnetworks that interoperate seamlessly together. Today’s DeFi systems are too often being built at an application level, while native blockchain currencies, like ETH, BTC, or most every other depends on its currency protocol, including emission and inflation, at the system layer. Much like multitasking and TCP/IP, I believe tomorrow’s decentralized financial networks need multi-currency protocols at the core in a way that can affect consensus. That is required for natural blockchain security and seamless interoperability across networks. That vision guides the evolution of the Verus platform.”   

The upcoming release, available now on testnet, will enable the definition of currencies that can be launched on-chain with Kickstarter-like minimum participation or created as fractional reserve currencies (backed by Verus or a multi-currency basket) with continuous algorithmic conversion and liquidity.

Starting with Ethereum as its first multi-currency bridge to other networks, the Verus cross-chain multi-currency and identity protocols enable interoperability across the world’s blockchain networks, allowing for a decentralized Internet of blockchains, currencies, and tokens and the next evolution in decentralized world finance. The new tools and capabilities on today’s Verus testnet will encourage people to move from a single currency or chain mentality to one of cryptocurrency fungibility and blockchain project collaboration, which in the Verus Vision, is what enables society to benefit from the potential of Public Blockchains as a Service (PBaaS).

About Verus:

Verus is the next generation DeFi enabled platform, which was designed as a scalable, secure, public network with privacy built in. Verus was fairly launched with no ICO, no pre-mine, with advance mining notice on the BitcoinTalk forum, and no development fee or other rent-seeking taxes. Verus offers recoverable friendly name identities, and unique smart transactions to ease development of applications and services. In addition to these capabilities, which are available today using the Verus Desktop GUI application for Windows, Mac, and Linux platforms, Verus is testing its upcoming release that supports unlimited tokenization of assets. It is a truly free, decentralized protocol and a rent-free blockchain framework that provides chain interoperability that can scale to the world. Once on mainnet, the Verus DeFi system will be a fractal, market-driven, and completely liquid worldwide network of independently valued currencies and protocol-based currency baskets. The Verus community continues to grow organically with one-hundred percent of rewards from the network returned to miners and stakers. The project is supported by contributors around the world and an independent non-profit foundation that offers bounties, and aids in the decentralized building of technology by the community. https://verus.io/



What do you think?  I think we're about to see a whole new Evolution in the blockchain era!
6  Alternate cryptocurrencies / Altcoin Discussion / Re: The secret is out! on: July 28, 2020, 04:27:44 PM
We're going to be live in 30 minutes come join us!
7  Alternate cryptocurrencies / Altcoin Discussion / Re: The secret is out! on: July 28, 2020, 10:35:07 AM
Good morning everyone, We have our Q&A coming up in 6 and 1/2 hours! Come join us!
8  Alternate cryptocurrencies / Altcoin Discussion / The secret is out! on: July 27, 2020, 08:43:02 PM
The VerusCommunity is having our first ever Q & A session
with the WhiteBIT exchange!

This Tuesday July 28th at 1700 GMT (1:00 PM ET)

Where we’ll be giving away $450 in #Verus Coin! $VRSC

Join us Live on Discord: https://discord.gg/VRKMP2S

The lead developer of Verus Mike Toutonghi is the Godfather of Microsoft 95, .Net and arguably, Java. He's also one of our internet founding fathers.

https://youtu.be/RBj5hrQa4As






https://youtu.be/RBj5hrQa4As

-

https://twitter.com/VerusCommunity/status/1287356817161453571

-

READ MORE: https://medium.com/@meyse/is-verus-poised-to-challenge-ethereum-7935ea559b28
9  Alternate cryptocurrencies / Altcoin Discussion / Join Verus This Tue For A Q & A Session W/ WhiteBIT Exchange - $450 in Giveaways on: July 26, 2020, 09:45:38 PM
Join us Live on Discord: https://discord.gg/VRKMP2S

This Tuesday July 28th at 1700 GMT (1:00 PM ET)

The VerusCommunity is having our first ever Q & A session
with the WhiteBIT exchange!

Where we’ll be giving away $450 in #Verus Coin! $VRSC

#AMA #DeFi #Giveaway

The lead developer of Verus Mike Toutonghi is the Godfather of Microsoft 95, .Net and arguably, Java. He's also one of our internet founding fathers.

https://youtu.be/RBj5hrQa4As




https://youtu.be/RBj5hrQa4As

-

https://twitter.com/VerusCommunity/status/1287356817161453571

-

READ MORE: https://medium.com/@meyse/is-verus-poised-to-challenge-ethereum-7935ea559b28
10  Alternate cryptocurrencies / Altcoin Discussion / Re: Wallet for different altcoins. on: May 25, 2020, 01:59:10 PM
I use the Verus desktop, it works for hundreds of coins.

It's one of the easiest multicoin wallet I've ever tried!

https://veruscoin.io/wallet




11  Alternate cryptocurrencies / Mining (Altcoins) / Re: Mining crypto on a smartwatch? on: May 16, 2020, 01:23:50 PM
You can already mine profitably on arm chips, which are the types of processor usually found in cell phones and raspberry pi.

In this video I'm going to be using a solar setup to run a rock Pi mining running a masternode and a lightning node.

How To Build An EASY Off Grid Solar System - Mining Cryptocurrency - Part 1
https://youtu.be/G2tg5TjWEDU


You can mine directly from the wallet and stake directly from the wall using a Raspberry Pi or even a cell phone.



12  Alternate cryptocurrencies / Mining (Altcoins) / Re: What are options to mine a profitable crypto on my computer. on: May 16, 2020, 01:42:56 AM
You can speculation mine. Grandpa did and made 8k or so =)

Grandpa's Cryptocurrency Mining Update With His Alienware Area 51 PC
https://youtu.be/xTLRXOKL2dg

If you're interested in speculating into a newer project that I would look into https://veruscoin.io/


It's one of the most profitable CPU mineable coins available and you can stake what you mine for a 28% yearly Roi.


This video focuses on one major Tech release that happened but I also skim the surface of a lot of other technology and potential that it has.

Major Cryptocurrency Mining Opportunity - Watch NOW!
https://youtu.be/mygBphTBYpE




I should also ask you what components do you have in your computer
13  Alternate cryptocurrencies / Mining (Altcoins) / Re: Where to find new coins to mine? on: May 15, 2020, 06:36:14 PM
We call that speculation mining. Some of these other guys are right it's much harder to find a really good project these days but you can always find a needle in the haystack.

For graphics cards I always like Handshake and Nexus but they're not very profitable these days but have a good chance of doing a hundred X. Nexus went from $0.10 to $15 at one point in time.

If you're interested in speculating into a newer project that I would look into https://veruscoin.io/


It's one of the most profitable CPU mineable coins available and you can stake what you mine for a 28% yearly Roi.


Verus is what I consider a blockchain 4.0 it is going to allow for Mass adoption and and they are continuously putting out some of the most revolutionary Tech I've ever seen in blockchain.

More info:

https://bitcointalk.org/index.php?topic=5209405.msg53338126#msg53338126


This video focuses on one major Tech release that happened recently but I also skim the surface of a lot of other technology and potential that it has.

Major Cryptocurrency Mining Opportunity - Watch NOW!
https://youtu.be/mygBphTBYpE

14  Bitcoin / Bitcoin Discussion / My Crypto Life - Five Years of Adventures In 10 Minutes. on: May 10, 2020, 09:21:34 PM
Join me on an Epic Journey through the last five years and make sure to subscribe to the channel!  I'll teach you how I did it and how I'm going to do it again! The Time Is Right Now, the having is just right around the corner and a lot of other things are lining up for a slow but steady growth over the next year or so! We can do it again over the next couple of years, the time is just right, so subscribe to the channel and learn all about cryptocurrency mining investing and trading.

YouTube video link:  https://youtu.be/wpZxGHgXlAQ


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15  Alternate cryptocurrencies / Altcoin Discussion / Re: ---> Major Crypto News and The Birth Of Blockchain 4.0 Is Upon Us! on: May 04, 2020, 01:09:24 PM
It has finally arrived! Blockchain technology has just about evolved far enough to allow Mass Adoption to start taking place.

Blockchain 1.0: Currency (Bitcoin)
Blockchain 2.0: Smart Contracts
Blockchain 3.0: DApps (DApp is an abbreviated form for decentralized application)

Blockchain 4.0: Making blockchain easily scalable and interoperable!



I can accept that smart contracts and dapps are so important for this market. But do you really think that what you are talking about can even create some of the effect Bitcoin has had? Despite all its years and technological development, the most important element of this market is Bitcoin and blockchain. So of course, scalability and interoperability are very important issues, but without what we call Blockchain 1.0 it makes no sense!


Bitcoin and the original blockchain technology don't go anywhere. The reference to blockchain 1.0, 2.0, and so on represent the the advancements made in blockchain technology and what era we might be in.

Blockchain 4.0 is the point at which we believe Mass adoption will start. Think about it, cryptocurrency itself is pretty difficult to use, we need to simplify it and make it very easy to anybody to use.

Just imagine a day when you can send your ETH to your friend but yet he gets Bitcoin come out the other end instead because that's what he wants and that's what makes interoperability so important.
16  Alternate cryptocurrencies / Altcoin Discussion / ---> Major Crypto News and The Birth Of Blockchain 4.0 Is Upon Us! on: May 02, 2020, 03:52:18 PM
It has finally arrived! Blockchain technology has just about evolved far enough to allow Mass Adoption to start taking place.

Blockchain 1.0: Currency (Bitcoin)
Blockchain 2.0: Smart Contracts
Blockchain 3.0: DApps (DApp is an abbreviated form for decentralized application)

Blockchain 4.0: Making blockchain easily scalable and interoperable!


miketout Yesterday at 1:55 AM

./verus -chain=VRSCTEST getwalletinfo
{
  "walletversion": 60000,
  "balance": 50006719.64680906,
  "unconfirmed_balance": 0.00000000,
  "immature_balance": 2376.43783975,
  "eligible_staking_balance": 2448.00010000,
  "reserve_balance": [
    {
      "gold": 50360609.82510300
    }
  ],
  "txcount": 583,
  "keypoololdest": 1588226832,
  "keypoolsize": 101,
  "paytxfee": 0.00010000,
  "seedfp": "eb97da23375b5a38a684c21b3afc9070697d5223282bf7cfa19a517f3be2debd"
}

miketout Yesterday at 2:02 AM

The new testnet, which will be coming any day now (hopefully tomorrow), will support both token currencies and token launches, as well as blockchain currencies and blockchain launches. We may release testnet first with only token launches before the blockchain launches are enabled to get people started testing tokens launching them, and sending them around.

Any ID can be used to launch a token with the "definecurrency" API.

Almost all of the same parameters for tokens apply to blockchains, but blockchains can emit coins, merge mine (new limit of 22 blockchains at once from 15) and stake, have multi-currency fractional reserves, and support zero knowledge on the native currency of any chain.

Tokens enable participation at launch in multiple currencies as a way to convert, so for example, if there is a USD token, BTC token, and VRSC coin, you could make a currency that can be purchased by any of those three prior to launch at a specified conversion rate.

You can specify different conversion rates for each currency, as well as a minimum and maximum.

Each token or blockchain also has a start block on the VRSC chain. when that block is mined or staked, the currency will either start, and automatically send all of the participants their currency, or if the minimum targets are not met, all participation will be refunded in the original currency. These things happen automatically as part of the mining and staking process. There is a very small transfer fee that is taken for miners and stakers from transactions, even in the case of refunds.

Once a token or blockchain is created, you can send it on the chain it was created on, and you can also use it as one of the reserves in a multi-reserve currency blockchain. All blockchains get a corresponding token on the creating chain as well.

Tokens can be fully controlled by the blockchain and starting conditions, in which case the launch conditions determine the entire supply. They can also be controlled by the ID behind the token. In that case, the ID behind the token has the ability to mint new tokens. This can be used in the case of a centralized token that represents stable, centrally controlled reserves or assets. Tokens can also be used for many other things, like tickets, weighted voting, games, etc. The type of token and whether it is centralized or not is specified at time of creation and cannot be changed. We are expecting to eventually make it easy to move from a token to a blockchain, but that will not be in the first PBaaS release.
All PBaaS chains will be able to create an unlimited number of IDs and tokens.


More info From Verus Discord
https://discord.gg/VRKMP2S





More info

Michael J Toutonghi  --  https://thedailychain.com/the-verus-review-with-mike-toutonghi-2/
Lead Developer

Former Vice President and Technical Fellow at Microsoft, recognized founder and architect of Microsoft's .Net platform, ex-Technical Fellow of Microsoft's advertising platform, ex-CTO, Parallels Corporation, experienced distributed computing and machine learning architect. ( from: https://veruscoin.io/about )


---------------

A fully decentralized protocol with no company to take a cut along the way, any blockchain costs to launch a PBaaS project on Verus are paid directly to miners and stakers for verification, notarization, and initial conversion of Verus to the PBaaS reserve currency. Any range of the contributions to a reserve blockchain launch, from 0–100% of proceeds, can be transparently routed to the reserves of the fractional reserve currency, with the remainder being distributed, also transparently, as determined by those who launch the chain.
It’s important to understand that we are not building these technologies to just talk about them or claim that we did something. We strongly believe that the world needs Verus PBaaS and fractional reserve currencies. Some of us are helping exciting new projects work on use cases in addition to those described in the Verus vision paper, and we fully expect these projects to leverage PBaaS reserve technologies.

In one very powerful sense, the Verus reserve ecosystem will have no need for and no overhead imposed by money changers, a virtue that is going to be more and more important as it grows.

READ MORE:
https://medium.com/veruscoin/verus-public-blockchains-as-a-service-fractional-reserve-currencies-274c8b3b3a94


---------------

Verus And The Fight Against COVID-19

Earlier this week Mike Toutonghi, Microsoft’s former VP for the eHome division and Chief Architect of .Net, participated in a live town hall meeting held by the Asian Pacific American Task Force.

The Task Force is building a technological solution for gathering and storing data related to COVID-19 infections in a privacy-preserving manner. The solution involves storing attestations on the Verus chain in such a way that a user can determine when, to whom, and how much of the data they share.

READ MORE at:
https://thedailychain.com/verus-and-the-fight-against-covid-19/


LINK TO PDF FROM https://valu.earth/

https://valu.earth/img/SkyviewPilot.pdf


--------------

I realize there's a lot of information here and I hope you take the time to really go through this!

I personally wish I had a chance to be on the ground level of Bitcoin in its early days. I have been in the space for quite a while and this is the first time I really feel like something really revolutionary is just upon us!

What does everybody think?

Are you ready for Mass Adoption?

17  Alternate cryptocurrencies / Altcoin Discussion / Livestream interview at NamesCon about decentralized blockchain based domains on: January 30, 2020, 06:32:03 PM
Dont' miss Mike Toutonghi interview about decentralized blockchain based domains at NamesCon Global 2020.

https://www.youtube.com/channel/UCNm5NvxG3qAGIEYCkqaWMsw?view_as=subscriber
https://www.twitch.tv/sineboywaveman
https://www.periscope.tv/SineboyWaveman/
https://dlive.tv/sineboywaveman

18  Alternate cryptocurrencies / Mining (Altcoins) / Re: What to mine on over 1000 OVH servers? (CPU mining) on: January 27, 2020, 03:23:01 PM
That is definitely quite a bit of processing power! These days the hot CPU mineable coin is Monero if you're looking for what I call bread and butter. It won't make you much but it will pay the bills or you can speculate mine essentially - newer project that you believe in and has a lot of growth potential. It's all about your risk tolerances and how much information you can dig up on some of these newer projects.

If you're interested in speculating into a newer project that I would look into https://veruscoin.io/

It's one of the most profitable CPU mineable coins available and you can stake what you mine for a 28% yearly Roi.

Considering you're in the gaming industry this may be a good platform as well to look at.

Verus is what I consider a blockchain 4.0 it is going to allow for Mass adoption and and they are continuously putting out some of the most revolutionary Tech I've ever seen in blockchain.

More info:

https://bitcointalk.org/index.php?topic=5209405.msg53338126#msg53338126


This video focuses on one major Tech release that happened recently but I also skim the surface of a lot of other technology and potential that it has.

Major Cryptocurrency Mining Opportunity - Watch NOW!
https://youtu.be/mygBphTBYpE

19  Alternate cryptocurrencies / Mining (Altcoins) / Re: Virgin Miner with $50,000 on: January 16, 2020, 10:49:02 PM
Mining is a much safer investment than buying the coins directly for several reasons but ultimately what you need to understand is your cost of power and can you get it cheap enough to make it worth it. Unfortunately I don't have much time to go through all of it right now but if you can get power at around 10 cents per kilowatt or less let then you may want to look into it further.


Check out mining YouTubers they provide a lot of information I'm sure that you can get what you're looking for.

GL
20  Alternate cryptocurrencies / Mining (Altcoins) / Re: How To Build An EASY Off Grid Solar System - Mining Cryptocurrency - Part 1 on: January 16, 2020, 01:49:17 AM
It's an interesting concept to build a off grid solar system and let a mining rig mining for years, but I have a question
Does it worth with the current prices, because I think the problem here is the cost of the batteries, I don't know exactly the lifespan of a battery

If you go with safe lithium iron phosphate (LiFePO4) it can be done. You can build your own for about $600 or buy them pre-built for about a thousand each or by the used ones like I did for about 300 to 350.

The big question is how much power do you use and how much battery do you really need? For example if you wanted to pull about 400 Watts 24 hours a day you would probably need about five or six of them (144 Ah).

As far as the battery life expectancy goes it could last anywhere from 10 to 20 years depending on how many times you depleted a recharge them. For an example if you were to mine with them and use all the energy and recharging everyday it would maintain more than 80% of its original charge capacity for about 10 years and probably only hold about another 60% of its original capacity over the next 5 years or so.

I hope this helps but did you give me a better idea what you're trying to do I can try to help you more.
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