Unleashing the Future of Crypto: Join the Verus PBaaS Revolution!

[VerusCommunity]

Attention all crypto enthusiasts! Verus is shaking up the industry with its groundbreaking PBaaS upgrade, and you won't want to miss out. Discover how Verus is redefining decentralization, scalability, and cross-chain capabilities. Engage in the conversation, share your thoughts, and be part of the revolution. Click now to unlock the future of crypto with Verus!

We have some exciting news to share with you from Verus, the cutting-edge Layer 0/1 protocol that is reshaping the landscape of blockchain technology.

On May 21st, Verus will be launching its highly anticipated mainnet upgrade called Public-Blockchains-as-a-Service (PBaaS). This milestone event is set to transform the Verus community and the entire cryptocurrency industry. PBaaS introduces a comprehensive solution for true decentralization in cross-chain functionality, DeFi Automated Market Makers (AMMs), on-chain peer-to-peer exchange, self-sovereign provable recoverable IDs, NFT capabilities, anti-phishing measures, anti-MEV (Miner Extractable Value) defenses, scalability, and much more.

One of the most exciting features of the PBaaS upgrade is the enhanced capabilities of VerusIDs. Every VerusID on the PBaaS network gains access to an unlimited, rent-free indexed database. This means that VerusIDs can now store and retrieve data for various applications such as social networking, voting systems, oracles, publishing information, provable attestations, ratings, and so much more. The possibilities are endless!

We firmly believe that Verus PBaaS provides the most scalable, permissionless, and provable source of human data for artificial intelligence (AI) to learn about humanity and the world. We are thrilled to witness how entrepreneurs like you will leverage VerusIDs to build faster, more secure, and innovative games and services.

The core capabilities of the PBaaS release include:

Verus Intersystem Protocol (VIP) — A Layer 0 Multichain and Inter-chain Protocol.
VerusID Content Multimaps — Empowering VerusIDs with unlimited provable data storage.
Permissionless Chain, Token, and Liquidity Basket Currency Launches — Offering the flexibility for developers to create their own chains, tokens, and liquidity baskets.
For more detailed information, you can refer to the release notes on our GitHub page for both the Command Line Interface (CLI) and the Graphical User Interface (GUI).

We firmly believe that this protocol unlocks a plethora of new opportunities and use cases for the gaming and cryptocurrency industries. We are eager to witness the groundbreaking innovations that will emerge from this technological leap.

[Wiwo]

Well, I guess with the frequent network congestion I most chain,  any alternatives that could possibly offer the best alternatives with fewer gas fees could be a welcome development so won't mind following up with this project more to see what unique feature it enters the market with.

Hope you don't mind sharing some links to the official website for this project and also, showing some white paper or road map for this development.

[VerusCommunity]

Here's the website link https://www.verus.io and here is a link to the latest medium article about the upgrade and the capabilities.


Introducing Public Blockchains as a Service (PBaaS) — The Revolutionary Layer 0/1 Protocol Launches its Most Anticipated Mainnet Upgrade

After years of hard work and dedication, on the fifth anniversary, the worldwide Verus community is excited to announce the launch of the highly anticipated mainnet upgrade on May 21. The Public Blockchains as a Service release marks a major milestone for Verus and the entire cryptocurrency industry.

https://medium.com/veruscoin/introducing-public-blockchains-as-a-service-pbaas-the-revolutionary-layer-0-1-protocol-79c069ffe178

[VerusCommunity]

🎉 Join us for the biggest party in the #crypto space! Celebrate Verus' 5th birthday and the launch of our groundbreaking PBaaS upgrade at the #LaunchPBaaS block party on May 21, 11:00 AM ET. Games, trivia, prizes, and more await you at https://verus.io/discord! And as a token of our appreciation, we're giving out special collectibles exclusively to attendees—a keepsake you won't want to miss. 🎁

[Andrija Branislav]

🎉 Join us for the biggest party in the #crypto space! Celebrate Verus' 5th birthday and the launch of our groundbreaking PBaaS upgrade at the #LaunchPBaaS block party on May 21, 11:00 AM ET. Games, trivia, prizes, and more await you at https://verus.io/discord! And as a token of our appreciation, we're giving out special collectibles exclusively to attendees—a keepsake you won't want to miss. 🎁

The mainnet upgrade is an important milestone for Verus I think, but for new users because it may require a higher level of technical knowledge to understand how it works and use it properly.  So I want to ask What are the potential security risks associated with Verus PBaaS, and what steps has the company taken to address them? Also, how does Verus PBaaS compare to other blockchain technologies in terms of transaction fees during periods of high network activity, such as during airdrops or ICOs?

[VerusCommunity]

🎉 Join us for the biggest party in the #crypto space! Celebrate Verus' 5th birthday and the launch of our groundbreaking PBaaS upgrade at the #LaunchPBaaS block party on May 21, 11:00 AM ET. Games, trivia, prizes, and more await you at https://verus.io/discord! And as a token of our appreciation, we're giving out special collectibles exclusively to attendees—a keepsake you won't want to miss. 🎁

The mainnet upgrade is an important milestone for Verus I think, but for new users because it may require a higher level of technical knowledge to understand how it works and use it properly.  So I want to ask What are the potential security risks associated with Verus PBaaS, and what steps has the company taken to address them? Also, how does Verus PBaaS compare to other blockchain technologies in terms of transaction fees during periods of high network activity, such as during airdrops or ICOs?

The network is actually extremely easy and simple to use, you can launch your own cocanour blockchain without any token or blockchain or even your own liquidity pool and so much more without any coding at all. Verus is a 50% proof of work and 50% proof of stake blockchain.

Attack Resistant
To successfully attack the Verus blockchain, more than 50% of the validation power is needed, called Chain Power. A 51% attack would require a combined value of over 50% of both the chain’s hashpower and its coin supply. For technical information on VerusPoP read the whitepaper (opens new window).

VerusPoP provides a decentralizing effect on the network, incentivizing holders to keep nodes online to support the network. Even if a change in network hashrate happens, the PoW/PoS ratio stays the same: 50/50%

READ MORE: https://docs.verus.io/overview/verus-proof-of-power.html


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NO company:


Verus is a decentralized public blockchain, a community driven project in the true spirit of Bitcoin. Anyone can participate and contribute, no matter who you are or where you come from.


Fair Launch
Verus had a fair launch, meaning that everyone had, and still has equal opportunity to collect its currency through mining and staking. For Verus this means:

No ICO has been held
No founder or developer fees
No premine
No commercial interests
No rent-seeking behavior

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Transaction fees and high-volume is not a problem Verus is a fractal blockchain. https://www.youtube.com/watch?v=CkgUVjx_g1M

[Husires]

The last time I heard BaaS is in the cloud, the blockchain will not be able to compete with centralized solutions based on the huge industry.
It can be said that what is happening is a distribution of centralization, but the addition of the blockchain will only be due to the fact that this service is centralized, slow and very expensive.

Transaction fees and high-volume is not a problem Verus is a fractal blockchain. https://www.youtube.com/watch?v=CkgUVjx_g1M

Have these promises been tested? And what is the capacity of the network to bear high-volume?

[Mistah]

Why are you not on some bigger exchanges? the volume is pretty bad for 50m fdv, a tier 2 cex could help.