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#VerusIP - a truly decentralized inter-system protocol! Want to know how it works, its level of decentralization, and why it's superior?
Also, how does it secure cross-chain transactions?
And let's not forget about Verus's MEV-resistant DeFi's role in all this!
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Also, how does it secure cross-chain transactions?
And let's not forget about Verus's MEV-resistant DeFi's role in all this!
A 🧵
👇
1/ It all rests on establishing a “ground truth” or cryptographic “proof root” of one chain or system on another. This process is called notarization, and options include decentralized auto-notarization, notary-confirmed notarization, and centralized notarization, using VerusID.
2/ Notarizing with auto notarization or notary confirmed options are fee-based consensus processes involving permissionless chain validators and/or witnesses that are controllers of multisig, revocable, and recoverable VerusIDs, all to determine another system’s true proof root.
