Rank #217
coin
On 12,427 watchlists
Tags:
Mineable
Hybrid - PoW & PoS
DeFi
Privacy
Zero Knowledge Proofs
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Verus Coin is a zero-knowledge technology, privacy-oriented project working to offer Public Blockchains as a Service (PBaaS). Verus Coin introduces a new consensus algorithm called Proof of Power, a 50% PoW / 50% PoS algorithm, which aims to solve weaknesses in other PoS systems.
The Verus PoP algorithm is reportedly provably immune to 51% hash attacks, making Verus one of the most double-spend resistant public blockchain(s) running. Verus also uses VerusHash 2.0, a quantum-resistant hash algorithm that aims to bridge the performance gap between CPUs, GPUs, and FPGAs. The Verus Coin’s project vision is to enable automatic blockchain provisioning with PBaaS, provisioned by Verus miners, and stakers. Verus claims to be a100% fairly launched community project, with no-ICO and premine,