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Can someone tell me what exactly WhiteBIT are smoking?
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I have 40 VRSC on BithumbGlobal. I think I can defo consider them lost forver at this point.
$VRSC veruscoin https://medium.com/@vince.vrsc/worlds-most-capable-metaverse-has-just-started-its-prelaunch-50546bccf8d3
Lot of factor will influence that. We can say basically all blockchain that truely revolutionnise the space. The first one : BTC -> Will probably always be the "gold" of crypto and probably the biggest Mcap. The second one : ETH -> As it was the first to bring significant tech to the blockchain The third one : Any real utility and technical revolution to the blockchain space. My bet is on VRSC (veruscoin) which is pushing the boundaries of blockchain. Those are my bet for 10 years from now, pretty sure the 3 of them will still be there.
VRSC (veruscoin). Still an under the radar gem considering what it achieved. here is a little report : Lead Developer ( Michael Toutonghi) 💎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 Verus: A Web3 Game Changer 💎Fair Launch (no ICO/pre-mine/dev tax) 💎Layer-1 & Layer-0 protocol 💎unlimited scale 💎no maximum TPS metric (fractal L0 network) 💎zk-SNARK privacy 💎$0.0001 transaction fee 💎Smart Transactions 💎programmable UTXO architecture 💎native AMMs 💎simultaneous DeFi transaction solving 💎advanced web3 identity protocol #VerusID 💎non-custodial Verus<>Ethereum bridge 💎interoperable with Ethereum 💎decentralized launch platform for erc20/erc721 Innovations 💎Proof of Power (PoW/PoS Hybrid) 💎Cell phone mineable 💎easy provisioning of blockchains #PBaaS 💎PBaaS can be used for appchains 💎75-800 tps per PBaaS chain There is no limit to the number of PBaaS chains on the Verus network. For instance, a network of 2000 PBaaS chains would have a total bandwidth of about 200,000 - 300,000 tps. 💎on-chain currency conversions with no front/back running/sandwiching (MEV) 💎provable cross-chain communication 💎easy cross-chain sends 💎private key revocation and recovery 💎merge-mining of up to 22 chains at once 💎inherent financial support via merge mining for any new project (shared security) 💎multicurrency support at consensus level 💎Verus Internet Protocol enables the most secure, scalable, decentralized and multi-modal cross- chain protocol ever designed for blockchains Notable Achievements 💎In 2022, Verus received the ‘Inspiration Award’ from Fidelity’s Center for Applied Technology 💎First protocol solution to nothing at stake on mainnet. Only without slashing principal. 💎First provably 51% hash attack resistant algorithm 💎Only system to provide a global and fractal namespace for provable, friendly name referencing of all currencies and blockchains 💎First decentralized revocable, recoverable funds address on any financial system 💎First decentralized provable mainnet identity implementation to provide signatures 💎First L0/L1 protocol to truly support multiple currencies and identities 💎Only network with an efficient enough liquidity protocol to handle cross-chain fee conversions, enabling new opportunities for automation of decentralized use cases 💎Only protocol that can provide 100% decentralized, algorithmically controlled multi- currency liquidity baskets, which can be created and launched by anyone with a command 💎Only protocol to provide on-chain crowdfunding and launches with Kickstarter-like automatic refunds as part of the protocol for all currency and blockchain launches 💎Only protocol with an unlimited size, fully decentralized, fractal network of interoperable blockchains 💎Only MEV-resistant native DeFi&x-chain protocol Hope it sparked your interest ;)
Veruscoin - ETH bridge launch tomorrow. I recommend getting a couple VRSC just in case
tldr; The article discusses how to use a spare phone for cryptocurrency mining, specifically Verus coin, as a form of passive income. The author suggests using a cost-effective phone like the Samsung Galaxy A03s and provides a detailed guide on how to set up the phone for mining, including enabling developer options, adjusting screen settings, and installing the mining software. The author also explains how to set up a Verus coin wallet and start mining. The article concludes by noting that the author's Asus ROG Strix phone yields about 0.102 VRSC or $0.0441 per day. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Try our free crypto chatbot at https://chat.coinfeeds.io*
“about 0.102 VRSC or $0.0441 a day” x 30 = 1.323 Empties the house electricity yet can’t buy a cop of coffee after a month.
Market making on komodo wallet(AtomicDEX), minting Qortal, staking and mining VRSC with smartphones and running couple of Presearch nodes.
WhiteBIT may use scare tactics to encourage users to withdraw their VRSC before delisting, but users should read terms of service carefully and be cautious.
From my experience, CPU on F@H did not earn as much as mining a coin outright such as DERO, RTM, VRSC, etc (depending when). Also there is diminishing returns for F@H "points".
The best project for smartphones is Verus (VRSC). It has really incredible tech behind it with great plans for the future and a very strong community. It will one day have multi chain mining as well. It's not on the major exchanges so has major potential from where it is now.
I would bet on verus coin (VRSC). Why because everything is in the protocol. It is under the radar since mai 2018. Only devs and technical People knows about it for now(it's a community drive project). But only for a small time as in june they will be at consensus2022 in austin texas. They don't market promises but only already working product. So if i have to chose one altcoin i want to be in for the bear market it is this one. Mainnet incomming. So to answer your question i'll answer with the trilemma issue of all blockchain today and not even talk about what they are actually building on top of that at L0/1 (that is for you to do a deep dive, otherwise i would have hours to write this answer). scalability: transactions can route through any chosen pbaas crosschain networks (public or private use scalability); any number of chains/currencies/IDs can be created; fractal principles too security: Proof of Power 50%POW & POS; Merge-mining offers security right away for new pbaas chains without requiring miner's extra power; not a centralized multisig custodial scenario; plus all the VerusID related security & zk privacy decentralization: free open source; many users/nodes, easy to run nodes; permissionless; no pre-mine; cpu-mining allows more users & devices to participate; fractal principles Now you can do your own research or join the discord if you have any further questions.
Some coins are already quantum secure. Verus (VRSC) for instance. It all depends on the hashing algorithm. And yes. Some of these hashing algorithms only need a small change to make them quantum secure. Or in the previous example they are already quantum secure.
If there is no central team developing cosmos where did 22% of the initial coin supply go and for what reason? Surely the community derives some benefit? Also how was ATOM planning to fix the issue with the Relayers? As it stand there is no incentive to be a relayor and the situation which occurred on 2nd and 3rd of December meant that a number of wallets had lost their funds for a significant amount of time because there were too many transactions which resulted in a number of failures which compounded the effect because each of those is another transaction clogging up the situation. Very sad in a funny sort of way to hear that whoever is in charge of ATOM that their solution was “be nice to relayers because it is a thankless job and there is no incentive to do it, let them know they we appreciate it” What incentive does Ethereum or other ERC20 tokens have to bridge over to Atom? Other then they can? When it is arguably less secure as you have to trust the validators on the ATOM side and the whole reason people build on ETH is because it is so secure. If you have to trust anyone in crypto. It is not crypto. Imagine paying gas for a transaction and gas again because the transaction failed. Is that possible? Due to the issue mention previously with the relayers. If I had any meanful amount of ERC20 tokens or Ethereum I wouldn’t want them on a chain like cosmos where I could lose it just because I tried to make a transaction. If you believe that chains won’t win ecosystems will. Then I implore you to reason why anyone would use the ATOM when you have something like Verus VRSC available that provides security scalability and L1 features like private transactions as an option, defi, vault, the ability to spin up chains all instantly interoperable and can bridge to other blocks chains including ATOM.
I respectfully disagree. There are some amazing projects coming up like Verus (VRSC) for instance which will give the likes of ATOM, Cosmos, DOT even LRC a run for their money. But like all things it is a give the people what they want. If it is useful. People will use it. The interoperability space will be something to watch.
Have not seen anyone mention Verus (VRSC) yet, which isn’t surprising. I think interoperability is incredibly important. Imagine if you couldn’t share YouTube videos on Facebook. Or Instagram pictures to your tumbler. Or you twitch stream to YouTube. Or your Spotify music to Apple. Crypto is going (still early days) to be huge. And their will be key projects like Ethereum which you might be compared to YouTube. Ethereum is great. YouTube is great. No reason to want to go outside of those platforms right? Well what if you wanted to put your video that’s on YouTube on Patreon? So you could use some of Patreons features like there financial model. This example shows why someone would want to link different blockchains together, through no inherent underlying deficiency of either block chain, though they may exist, because it just makes sense. This is what Verus (VRSC) is going to do. You will be able to bridge Ethereum and ERC20 tokens into the Verus ecosystem. Other blockchains to come in future. Benefits would be once you are in the Verus ecosystem you pay Verus fees, 0.0001VRSC eg no gas. Verus also has Verus vault. So you can put a time lock on your funds to prevent theft. The first solution to the $5 dollar wrench attach. Verus (VRSC) also has DeFi written into its protocol layer. So think DEX for Ethereum and all ERC20 tokens with instant liquidity using AMM. You can also launch your own chain using Verus. All chains or fully independent blockchains that are instantly interoperable with Verus and any block chain bridged to Verus. Also the option of private transactions and so much more. So for the above reasons I think interoperability is quite important and those that do it well will be the Silk Road of crypto with immense value flowing through it and individuals choose to move value from one ecosystem to another because what might be convenient for you now on one block chain may not serve your needs for the future and you shouldn’t be held captive by the respective block chain. You should be free.
I think privacy is important. But like anything I believe you should have the option. Something like Verus (VRSC) is nice because it has the option of private transactions using ZKsnarks, use it if you want, if you don’t want, don’t. Your choice. But all privacy coins have a special place. The crypto equivalent of cash. Maybe sometimes you just want to pay cash and don’t feel like explaining why.
Best thing I have seen that solves this is Verus (VRSC). No ICO, no Premine, no dev fees in the true spirit of Bitcoin with DeFi built into the protocol level. Once the Ethereum and ERC-20 bridge goes live on main net (currently on testnet) we will see a DEX with capabilities beyond anything anyone is working on. With bridges to other blockchains and their ecosystems to come in future. People are quick to jump on how decentralisation doesn’t matter. But it does. It is the crux of crypto. The purpose of which it was built.
Severely undervalued? That is a little bit of a stretch. If you want to see the sleeping giant of crypto interoperability it is Verus (VRSC). Anyone that knows, knows. Everyone else will find out soon enough.
I would like to point out that the title of this post is grossly misleading, and it shows that OP hasn't done their respective research. For years now many decentralized blockchain projects have been claiming they're the one's to be "the first blockchain to provide post-quantum security" (i.e. QANX, VRSC, QTUM, MCM, and QRL to name few)! On this fact alone, we know that post-quantum security isn't a new concept in the blockchain/decentralized community, and there's no way ALGO could the first to implement it. If this is a case (or debate) of whether or not the aforementioned projects are really post-quantum resistant and/or which one really was the first to successfully implement post-quantum security, then that achievement would have to go to QRL (Quantum Resistant Ledger)--hands down. In short, this really comes down to the signature scheme used by the blockchain to sign transactions and whether or not the blockchain was forked to provide such security. QRL uses XMSS, which is approved by the NIST (National Institute of Standards and Technology) as a post-quantum secure digital signature scheme. And unlike other projects which claim they can simply fork to a more secure signature scheme, QRL was designed like this from it's genesis block. This is important because even if blockchains can fork over to "become post-quantum secure", it will only work for wallets created after the fork--leaving any wallet created prior subject to quantum attacks. A quantum computer running SHOR's algorithm would still be able to derive the wallets private keys using the public key, which is public information that is stored and easily viewable on the blockchain. If you don't believe me just go to their website ([TheQRL.org](https://www.theqrl.org/)) and view their [Academic Citations](https://www.theqrl.org/research/citations/).
Thank you. 20 VRSC would also get expensive if Verus goes to $1000 per coin, though? I assume this is by design to get serious actors on the main chain. Having a sub-chain with cheap IDs would work I guess, but you would need to trust this chain as much as you trust the main Verus network. I've been reading a bit about Verus now. Seems very advanced, and quite the rabbit hole. I wonder why it's not more known?
Tokenising assets is a very good idea. But why would anyone pay all these fees to use the service when you have something like VERUS (VRSC) where anyone can attach an asset to an ID/NFT and then sell or tokenise that asset for the price a Verus ID/NFT. Which also currently has staking enabled. You could also put these IDs/NFTs on there decentralised market place and buy and sell right now with no 3rd party.
Verus (VRSC) - $80m MC \-Highly scalable multichain/multicurrency network via PBaaS (Public Blockchains as a Service) \-100% community driven -> no VCs, no ICO, no dev funds, no premine bullshit \-Decentralized SSIDs (VerusID). IDs can get locked (so you can't spend funds until it's unlocked) and revoked/recovered with Verus Vault. They can get bound to literally anything like NFTs, social media profiles etc. An on-chain decentralized marketplace for VerusIDs will launch on nov 29th \-Built in L1 DeFi - No need for potentially vulnerable smart contracts \-Very energy efficient 50% POW/50% POS consensus mechanism -> 51% attack resistant and can even be mined/staked on mobile and ARM devices \-Solves MEV by blockwise parallel execution of smart transactions \-Optional (!) privacy using zk-snarks
$VRSC - one of the best technologies in all of crypto, slow organic growth without much hype right now until all the features move from public testnet to mainnet. Fair launched, no ico, no premine, no developer fees, no VC backing in the spirit of bitcoin. Layer 1 DeFi onna UTXO, decentralized bridge to ETH, creation of public blockchains or tokens with no programming needed, CPU mineable, a name based address if wanted, and a time locked vault to lock up your Verus (or any other coin bridged in). Lead developer is a former vice president at Microsoft, creator of .NET and a technical fellow (a prestigious and rare title in Microsoft), important so you know it's not a rug pull and can see his predigree. I know this will get lost in the sea of coin shills, but consider yourself lucky if you see this. https://youtu.be/LmJKZkhYEtI Mobile app for direct Fiat to Verus coming soon that will also allow you to buy a variety of currencies through as well.
Verus (VRSC) has a really good community on discord. Very helpful and informative.
Verus, VRSC, it’s actually got amazing functionality and is going to go big in 2022. IMO
Use termux to run ccminer and mine VRSC on zergpool. I have a bank of old phones/tablets mining, did Xla for 3 odd months and made fuck all tbh. No point competing on that coin with full sized CPUs with its price. VRSC trades for just above a dollar or MIB is worth looking into for mobile only.
If you like privacy, PRCY. B2B/commercial chain, Hydra (also has great apy staking currently). Dark horse with massive potential, Verus VRSC To see what happens when chubbypoot loses his mind, DENT subreddit.
I am very keen on Verus ($VRSC). They are building a L1 DeFi that you can create tokens or full interoperable blockchains from without any knowledge of programming (can be tested right now for free on testnet) and an Ethereum / ERC 20 bridge. A lot of really cool groundbreaking stuff as well (like the time locked vault). Here's a really cool explainer video thats pretty decent at explaining a lot of it's offerings. https://youtu.be/LmJKZkhYEtI
VRSC (VerusCoin). I mined like 10 coins, but that coin is nothing special and has no adoption and currently two-thirds of the hashrate is controlled by one single mining wallet.
VRSC. Found out it was more profitable to mine on CPU than Monero or any of its counterparts then fell down the rabbit hole with it.
Are you doing any CPU mining? That could be a good start for you looking to just get some more coin. Verus $VRSC is a cpu-mineable coin, you could join a mining pool for some small daily returns.
ADA ALGO VET are still quite safe bets, but with more potential grothwise, XTZ is also solid. For the more risky play I have ZIL, VRSC and RVN
For small cap I'd say ZIL, BAT and VRSC. Otherwise I'm on the ADA, ALGO, VET train.
I spent that long on KMD and VRSC