hero

Currency + Reserve

The only integrated digital currency + digital reserve ecosystem based on the Binary-Chain protocol.

Although the competition amongst crypto-currencies is intense at present, I have no doubt that with these features, VeriCoin will be one of those to break-through, perhaps some-day challenging Bitcoin itself.

Dr. Tom Holden, PhD Macroeconomics Oxford / Lecturer - University of Surrey

Our Scalable Digital Currency + Reserve Ecosystem

Currently digital currencies face the impractical task of trying to be both a quick and efficient currency while also maintaining integrity as a secure store of value. VeriCoin (a Digital Currency) and Verium (a Digital Reserve) were developed to address this issue by leveraging two different but independently distinct types of blockchains. When we merge these two *unique* chains together, we will form an entirely new scalable ecosystem that we refer to as Binary-Chain.

Using the Binary-Chain will further increase the fast transaction speeds of VeriCoin while progressively securing the store of value generated by Verium.

The two specialized chains embody two specific technologies that when coupled, will exponentially enhance the best of both technologies. By integrating VeriCoin’s “Proof-of-Stake-Time” protocol and Verium’s “Proof-of-Work-Time” protocol into a symbiotic, groundbreaking and innovative set of financial tools - the Binary-Chain will enable users and merchants to transact, trade and/or create completely on-chain without depending on any third party or secondary layer solution.

  • Full decentralization through two chains (PoST and PoWT)
  • Complete immutability
  • A fully secure digital financial system
Our Scalable Digital Currency + Reserve Ecosystem
vrcvrc

VeriCoin - The Digital Currency + Verium - The Digital Reserve

VeriCoin - The Digital Currency

A purely digital currency that runs on its own protocol PoST (Proof-of-Stake-Time).

VeriCoin, the Currency, (Ticker: VRC) transactions are currently 10 times faster than Bitcoin, nearly instant and via Verium will become even faster. Unlike Bitcoin, you gain interest like a savings account by simply leaving your digital wallet running on your computer. This process is known as staking, another form of digital minting of new coins, and helps validate transactions on the VeriCoin network. VeriCoin allows anyone in the world with an internet connection the ability to transfer and receive funds in a matter of seconds. People who are not able to, or do not have access to a bank account, will now have access to an already established and flourishing financial network. VeriCoin is backed by the technology that will change the world in a variety of ways.

Learn More

VeriCoin Benefits

  • Earn Interest By Staking Your VeriCoin
  • Lightning Fast Transactions. Confirmations In Less Than 5 Seconds
  • Near-Zero Transaction Costs. (Only .0001 VRC)
  • Exponentially More Secure Than Traditional POS
  • Energy Efficient Network Consensus

Verium - The Digital Reserve

CPU Mineable (ASIC / GPU Resistant) Proof of Work featuring a variable blocktime that scales as mining power grows.

Verium (Ticker: VRM) was created to be an innovative, independent store of value asset, in addition to supporting the VeriCoin blockchain. Verium solves the blockchain scaling issue by introducing a new variable block-time paradigm that speeds up as mining power increases. This allows Verium to automatically scale, enhance transaction speed and capacity, while ensuring security at any level of mining. Through Verium’s auxiliary mining protocol (AuxPOW), Verium will also process VeriCoin blocks. When implemented, this process will speed up VeriCoin’s block-time to 30 seconds or faster and allow for Verium miners to also receive VeriCoin as block rewards. This enables VeriCoin’s network to provide an efficient and scalable ecosystem for consumer transactions well beyond current standards.

Learn More

Verium Benefits

  • Mine With Your CPU
  • ASIC and GPU Resistant Means True Decentralization
  • Variable Blocktime That Increases As Mining Power Increases

The Binary Chain - Proof of Work + Proof of Stake - Paired By Design

Paired Strengths

Paired Strengths

By building a consensus-paired digital ecosystem, the currency (VeriCoin) can scale to mass usage and remain extremely inexpensive, and the reserve commodity (Verium) can scale while stabilizing value via a growing supply cost.
Added Speed & Security

Added Speed & Security

Thru AuxPoW, VeriCoin accepts the blocks of Verium miners. This further decentralizes VeriCoin while improving security and transaction speeds. VeriCoin costs are kept extremely low while Verium Miners earn higher fees.
Economically Sound

Economically Sound

VeriCoin (Digital Currency) and Verium (Digital Reserve Commodity) are designed to do what global markets have done for centuries prior to FIAT. Separate the currency and the commodity, yet pair their supply.

Opportunity Through Accessibility

Accessibility and Opportunity. The two must exist together.

Opportunity without access is not really opportunity.
Likewise, accessibility without fair opportunity is pointless.
The core of the VeriConomy, consisting of VeriCoin and Verium, is based on these two principles.

    Verium

  • CPU mining (ASIC & GPU Resistant)
  • One-Click P2Pool Mining (coming soon)

    VeriCoin

  • No minimum stake amount to earn interest
  • Effectively free transactions
  • P2P trade between VeriCoin and Verium (coming soon)
  • Binary Chain further enables both opportunity and accessibility for the Ecosystem
You don't have a currency if you don't have people using it, and you don't want to just have people use it because your marketing is good. You want people to use it

because it's a better system. It's a better technology."

Douglas Pike Co-founder Vericoin | verium

Subscribe to the "VeriConomy" Newsletter

Keep up to date on all VeriCoin and Verium news and important announcements.
By entering your email address and both your VeriCoin and Verium wallet addresses, you will be registered to win 5 VRC and 1 VRM.
One random subscriber will be awarded each week.

My Newsletter