@GoingParabolic Once on mainnet, the Verus #DeFi system will be a fractal, market-driven, & completely liquid worldwide network of independently valued currencies and protocol-based currency baskets that allows anyone holding Verus to perform cross-chain transactions, launch a fractional reserve
@GoingParabolic 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
@GoingParabolic advance the technology underpinning automated market makers and community #liquidity. The result is a series of improvements including the elimination of #frontrunning, lower costs and optimization of liquidity.
@GoingParabolic#Verus was fairly launched with no ICO, no pre-mine, with advance mining notice, and no development fee or other rent-seeking taxes, with one-hundred percent of rewards from the network returned to #miners and #stakers. It’s unique consensus algorithm called “Proof of Power”
@GoingParabolic 50 percent Proof of Stake and 50 percent #ProofofWork - is a provable hybrid solution to 51% Hash Attacks and the #staking algorithm solves the two major theoretical issues undermining other #ProofofStake systems, “nothing at stake” and “weak subjectivity” by leveraging...
@GoingParabolic its smart transaction capabilities to remove any incentive to attempt cheating, making it a losing proposition. No specialized #mining equipment is necessary to mine $VRSC; #VerusHash, a #quantum secure hash algorithm that is near-equally mineable on both #CPUs, #GPUs and #FPGAs
@GoingParabolic#Verus offers #recoverable friendly name #identities (#NFTs), 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
@GoingParabolic#Verus is testing its upcoming release that supports unlimited tokenization of assets. #DeFi
@GoingParabolic Coupled decentralized bridging protocols which will allow various coins, both $ETH-like & UTXO coins, and others, to be represented on the #Verus system in a #decentralized manner, and it will also allow all Verus-created currencies to be sent to and represented in the #Ethereum
@GoingParabolic#Ethereum network as automatically created #ERC20#tokens. This will lead to an expansive universe of potential tokens and coins with liquidity across the #Verus system and other leading #blockchain networks.