Verus is the Best!!

Verus uses a unique consensus mechanism which is 50% proof of work and 50% proof of stake and the proof of work side has the capability to merge mine up to 22 chain simultaneously (coming soon, on testnet) without the use of any more power. Not to mention you can upcycle your old cell phone and put it to work.

100% decentralized interoperable self-sovereign, permanent social profile

A new world of BYOP social networking

Bithumb Global，we will hold a “Trading & Buying & Staking, WIN 140,000 VRSC !” event for community participation!

https://support.bithumb.pro/hc/en-us/articles/360058913233--Event-Trading-Buying-Staking-WIN-140-000-VRSC-

Come join us!

To celebrate the new Verus exchange listing, Bithumb Global is giving away 140,000 VRSC in a series of contests, an amount worth $50,000 USD as of November 3rd and over $55,000, as of November 11th!

The contest includes three events:

1) Trading competition – Participants can compete to have the highest accumulated trading volume with a minimum of 4,000 VRSC traded. The top 1500 traders will get a share of 53,500 VRSC in prizes.

2) Buying competition – If participants buy 500 VRSC or more, they earn bonuses of up to six percent.

3) Staking giveaway – After purchasing, participants can stake to earn even more in Event 3, choosing to lock their token for 30-60 days earning up to an additional 5 percent (30% Annual percentage yield).

The contest starts when the listing is launched on November 11 at 4:00 EST / 9:00 UTC on Bithumb.pro. Participants can sign up to buy, trade and stake VRSC to earn thousands of dollars in Verus given away by the community. And before the contest, questions can be directed to Verus.io/discord. To ensure referral fees go to the Verus Coin Foundation, an independent, non-profit organization, funding by donations to support the Verus Project, its development, and community, users are encouraged to use the referral code 8jznat when making a new account.

In addition to the contest giveaways, Verus and Bithumb are teaming up to offer an ‘Ask Me Anything’ (AMA) session, with Verus lead developer Mike Toutonghi, where participants can earn while learning about the open-source blockchain protocol designed for privacy, safety, open participation, and unlimited scalability. The event will be hosted for one hour starting on November 12 at 3 AM EST / 8 AM UTC on Bithumb’s Telegram channel https://t.me/bithumbglobal_EN

Bithumb Global，we will hold a “Trading & Buying & Staking, WIN 140,000 VRSC !” event for community participation!

https://support.bithumb.pro/hc/en-us/articles/360058913233--Event-Trading-Buying-Staking-WIN-140-000-VRSC-

Come join us!

To celebrate the new Verus exchange listing, Bithumb Global is giving away 140,000 VRSC in a series of contests, an amount worth $50,000 USD as of November 3rd and over $55,000, as of November 11th!

The contest includes three events:

1) Trading competition – Participants can compete to have the highest accumulated trading volume with a minimum of 4,000 VRSC traded. The top 1500 traders will get a share of 53,500 VRSC in prizes.

2) Buying competition – If participants buy 500 VRSC or more, they earn bonuses of up to six percent.

3) Staking giveaway – After purchasing, participants can stake to earn even more in Event 3, choosing to lock their token for 30-60 days earning up to an additional 5 percent (30% Annual percentage yield).

The contest starts when the listing is launched on November 11 at 4:00 EST / 9:00 UTC on Bithumb.pro. Participants can sign up to buy, trade and stake VRSC to earn thousands of dollars in Verus given away by the community. And before the contest, questions can be directed to Verus.io/discord. To ensure referral fees go to the Verus Coin Foundation, an independent, non-profit organization, funding by donations to support the Verus Project, its development, and community, users are encouraged to use the referral code 8jznat when making a new account.

In addition to the contest giveaways, Verus and Bithumb are teaming up to offer an ‘Ask Me Anything’ (AMA) session, with Verus lead developer Mike Toutonghi, where participants can earn while learning about the open-source blockchain protocol designed for privacy, safety, open participation, and unlimited scalability. The event will be hosted for one hour starting on November 12 at 3 AM EST / 8 AM UTC on Bithumb’s Telegram channel https://t.me/bithumbglobal_EN

I hope you guys have been mining Verus!

Modern cell phones (Octa-Core) are more powerful than computers over eleven years old (Pentium 4) when the advent of bitcoin shook the world.

The only hardware required, in the beginning, was a simple computer… Things have changed a lot in less than 11 years.

Ok so let’s start preparing our Smartphone to mine VerusCoin , we will need to do some steps before...

https://medium.com/@virhater/mining-veruscoin-on-smartphone-208dbb06905f

More help in https://veruscoin.io/discord

Sorry to hear you are having trouble. Please join https://veruscoin.io/Discord and ask for help.

Generally its pretty easy to use it can just take a bit to download the blockchain.

There are a lot of Videos to https://www.youtube.com/channel/UC_-KCHBxaDwSgNMdE3LMThg

I hope you guys have been mining this!

Added Verus:

https://whattomine.com/coins/333-vrsc-verushash?hr=30.0&p=150.0&fee=0.0&er_enabled=true&er=0.00001844&cost=0.1&hcost=0.0&commit=Calculate

And we are still making more then $1 a day on A $400 AMD Ryzen 9 3900X ( at 30Mhs)

You can mine on a cellphone now!

Rethink what you know about Defi its still a baby 

While most protocols offer partial solutions that don’t fit together or scale, Verus’ whole system build offers fundamental advances woven into the protocol layer that create an interoperable-blockchain DeFi network.

Currency Launches with Fractional Reserve Option:

Front-Running Resistant Protocol:

No Fluctuating Gas Fees:

Interoperable Blockchain Bridges:

Verus is the next generation DeFi enabled platform, which was designed as a scalable, secure, public network with privacy built-in. Verus was fairly launched with no ICO, no pre-mine, with advance mining notice on the BitcoinTalk forum, and no development fee or other rent-seeking taxes. Verus offers recoverable friendly name identities, 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 platforms, Verus is testing its upcoming release that supports unlimited tokenization of assets. It is a truly free, decentralized protocol and a rent-free blockchain framework that provides chain interoperability that can scale to the world. Once on mainnet, the Verus DeFi system will be a fractal, market-driven, and completely liquid worldwide network of independently valued currencies and protocol-based currency baskets.

You are missing one Verus

Its Defi and NFTs

The IDs are NFTS and can be used for games.


More on the Defi: https://thebitcoinnews.com/the-next-generation-defi-enabled-platform-offers-solutions-for-defis-challenges-and-a-blueprint-for-blockchain-evolution/

Decentralized Self Sovereign Identity with built-in - Human-Readable Names - Voting

https://veruscoin.io/discord - Replace cryptocurrency addresses with a human readable name. The future of a decentralized, self-sovereign, quantum-ready, private ID, and global cryptocurrency that is ready for the world. It's your #identity upgraded and more for a digital world. It's VerusID

VerusId make cryptocurrency user-friendly by replacing complicated blockchain wallet addresses with human-readable names. No more worrying about sending to the wrong address.

Voting
Messages
Websites
and More!

Download the free software at Verus.io and register your Verus ID today.

The VerusCoin Discord server: https://veruscoin.io/discord
The VerusCoin WIKI pages: https://wiki.veruscoin.io

VIDEO - https://youtu.be/EyC-EMiI4FM



VIDEO - https://youtu.be/EyC-EMiI4FM

I would add Verus to your list. DeFi, NFTs and IDs and more!

https://thebitcoinnews.com/the-next-generation-defi-enabled-platform-offers-solutions-for-defis-challenges-and-a-blueprint-for-blockchain-evolution/

Look in to Verus!

History in the Making: Five Pioneering Developments in One Release

This week marks the biggest testnet release for Verus and arguably, one of the biggest in DeFi history and the history of money. The core advancement stems from a multi-currency* UTXO-based “basket” that forms one fungible currency with all the benefits of each individual currency, but having the simplicity of one. This can be used as a reserve, and can even be the base reserve and liquidity pool (like Uniswap, Bancor or Balancer) for a token launch or as a gas-free, near-instant conversion mechanism. The system is a fractal, market-driven, and completely liquid worldwide network of independently valued currencies.
In addition to the currency aspects, the way the reserve pool and the consensus algorithm works, it also holds several other novel solutions allowing flexibility in leveraging blockchain technology to work for society.
*There is no current limit for the number of currencies in a multi-currency basket; however, the team is considering limiting it to ten for now. Taken to the extreme, one community member has created “SuperMegaGigaCoin” on testnet, with 12 currencies combined in the basket. All baskets must include VRSC.

5. Liquidity Pools & Conversion in a Blink

Conversion is now as easy as sending currency, without the need for an exchange. Since there is always liquidity inside a multi-reserve currency, soon anyone will be able to convert at any time.
For example: a person has ETH and wants to convert to VRSC. That person converts first to the multi-reserve currency ETH*VRSC using their ETH (one transaction), and then they can convert the ETH*VRSC to VRSC (another transaction). In order for this to operate, ETH will need to be represented on the Verus blockchain. This will be handled by Verus’ decentralized bridging capabilities, which are under development.
There is no fluctuating gas required, but rather a flat fee of 0.025% for conversions, 100% of which goes to the miners and stakers on the Verus network. Plans are in place to add an implied volatility fee, which will be charged variably on imbalanced blocks of transactions, making blocks that change the price of a currency significantly pay more. It will allow for the dynamic balancing of volatility, benefiting liquidity providers by offsetting potential losses (impermanent losses) and giving them the opportunity to earn more for providing liquidity, while incentivizing more stability within pools (see #2 below).

4. An End to Front running

Front running has plagued traditional markets for years, and blockchain tech, with its public ledgers, has made it even easier for traders looking to game the system, especially on decentralized exchanges. But now, Verus’ new release offers the world’s first solution that does away with front-running, latency wars, and gas price wars.
The reserve currency automatically allows for the parallel processing and solving of all DeFi transactions submitted in a block — a significant advantage over Ethereum’s Virtual Machine and other protocols, which are perfectly designed to perpetuate races and zero-sum games, whereby the most savvy, well-financed players gain all the advantages against the average participant. Everyone can interact with the system knowing that they will get the fair price for their transaction — the exact same price for all buys and sells submitted by everyone within that block with zero spread.

3. On-chain Currency Launches

READ more at: https://medium.com/veruscoin/verus-testnet-release-marks-new-advancements-in-crypto-2701bf3e7c3

Veus has very strong background and team!

Michael J Toutonghi
Lead Developer of Verus is a 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.

jl777 is the lead developer of Komodo, Supernet, Marketmaker behind Barterdex, and a lot more. He's one of, if not the most productive devs in crypto. He's also one of our trusted advisers, and has added an invaluable technical and crypto-veteran perspective to our decision making.

and more: https://veruscoin.io/about


"While many blockchain developers are still cutting their teeth on this technology, the lead developer of Verus has been around for a while. While Mike Toutonghi often shys from the limelight and shuns hype, it is worth telling that he is a seasoned web veteran who led Kernel development on Microsoft 95, and is also one of the founders of Microsoft’s Java efforts and .Net. Much like his days at Microsoft, where he was adding threads to operating systems where there were none, starting platform efforts that are now used by millions, or architecting data systems for Internet scale advertising, he similarly felt needed to help build the world’s future blockchain infrastructure.
Toutonghi saw that chains needed to talk to each other, that consensus algorithms were not resilient enough, and so began by adding Custom Consensus (smart contracts) to Bitcoin script. The development pioneer went on to modify the core consensus rules and now Toutonghi, alongside his son and dozens of leading developers around the world, are pushing the limits even further, mitigating some of the biggest vulnerabilities and innovating solutions by doing what Toutonghi does best — inventing solutions, weaving across layers, and building bridges." https://medium.com/veruscoin/verus-testnet-release-marks-new-advancements-in-crypto-2701bf3e7c3

Protocol Improvements to Realize the Potential of DeFi


As decentralized finance, aka “DeFi”, emerges as a blockchain killer app with burgeoning demand, hopeful yield farmers, cross ecosystem liquidity, and a massive inflow of capital, we would all be wise to heed lessons of the past — centralization of financial systems occurs alongside a massive battle over who can front run who.


Whether the front running is in the form of who has advantageous access to information or who has the benefit of seeing the order book last and influencing it before all orders have been executed, centralized financial markets are run by those with the most advantage.


Decentralized finance means simply that — financial systems that operate with no presumptive center, no controlling institution, no centralized group of beneficiaries with an unfair advantage in the system’s operation. Ideally, decentralized systems are permissionless, secure, fair protocols that anyone can contribute to in exchange for a chance to earn and which benefit from increased user participation. If, in any system, a small number of self-reinforcing, centralized, defacto beneficiaries can figure out how to gain an advantage in controlling the system, such an advantage threatens the reality of true decentralization.


As the Ethereum DeFi transaction volume approached $10 billion dollars this July, driving a total transaction volume of $12 billion on the Ethereum network, publishers of the research paper, FlashBoys 2.0 and website http://frontrun.me/, analyzed the Ethereum blockchain’s vulnerability to front running, and proved that significant amounts of money can be made by miners acting in pure self-interest via front running. For example, if a miner places a buy transaction just before another large buy transaction and a small sell transaction just after, they can extract some amount of profit via the difference between their buy and their sell caused by the buy between and its effect on the price.


Today’s highest volume DeFi applications, built using the Ethereum VM and its model of interacting, serially executed contracts, experience some amount of this behavior today, and though the exact cost to honest market participants remains unclear, this extraction, estimated  by some to be millions of dollars annually and much less than what it could devolve to, reduces efficiency of the most common DeFi solutions, incentivizing a de-facto centralization of control by sophisticated rent-seeking, possibly colluding participants. As capital continues to search for better DeFi solutions, Ethereum fees continue their climb to levels that price out more pedestrian dApp uses altogether and increasingly, DeFi systems are both taking the bulk of today’s blockchain “oxygen” and at the same time becoming inaccessible to smaller participants or transactions due to exorbitant minimum fees and associated costs.


In the Verus Project’s DeFi solution, running in various forms on testnet since last year and nearing mainnet release, we have worked to address frontrunning and cross-system interoperability through a protocol that simultaneously solves many transactions at once in each block, effectively removing the concept of a “front” or “back” in the order of those transactions and providing a foundation of inherently improved efficiency and frontrunning resistance. In addition, the Verus DeFi protocol is part of a multi-currency, multi-blockchain, interoperable protocol referred to in the Verus Vision paper from June 2018 as Public Blockchains as a Service, or PBaaS.

 -Verus introduces identity and names, multiple currencies, multiple blockchains, and reserve or fractional relationships between currencies, both native and token, as first class concepts in the Verus blockchain consensus protocol.

 -The Verus DeFi protocols include a cross-currency and also cross-chain export, import, and conversion capability that can be implemented on other blockchains, and which combine cryptographic proofs and incentives to encourage maximum efficiency of both conversion and cross-chain export/import operations. Since conversions are solved simultaneously in each block of transactions, these protocols ensure fair and common prices to all market participants in each block. At that level of protocol, there is literally no “front” to run.



As DeFi usage grows, the debates over solutions to frontrunning, blockchain congestion, and rising fees intensify, with a great deal of effort going to solve frontrunning without questioning the design patterns of the Ethereum platform. I would argue that the only real barrier to more efficient DeFi systems is that the industry is attempting to build robust, practical and scalable DeFi systems at the application level, rather than providing common, systems level DeFi protocols that can be used in the consensus layer itself.


While most cryptocurrency developers take for granted that blockchain protocols assume the existence of a native currency, it is anathema to many blockchain developers to recognize the existence of multiple currencies and blockchains in the consensus protocol itself, including ways that currencies may relate to each other. Whether arguing that functionality beyond BTC script leads down a dark path of turing complete programmability and risk or that all functionality beyond the bare minimum should be built on a worldwide, turing complete VM with serialized transactions, there is plenty of religion to go around, few areas with broad agreement, and even fewer examples of alternative DeFi systems to the VM-based contracts and applications found on Ethereum. Of course, in any turing complete application platform, you can theoretically build any type of service or algorithm. That doesn’t mean that you should.


The future of DeFi is the future of human money, and we are seeing the first real killer application beyond the concept of ICOs themselves emerge. Even so, the DeFi systems most used today have significant room for improvement. We, the cryptocurrency industry, must go beyond finding new ways to profit and build solutions to known front-running exploits, improve interoperability across networks, and focus on maximum fairness in protocols. We are experiencing an incredible time in history, and it is our collective opportunity to realize a human benefit that could eclipse the growth of the Internet, as it connects the world’s flow of capital itself directly to the public, through decentralized, self-sovereign networks.


.

While much of the dialogue in the blockchain and crypto space dwells on record breaking increases in gas prices and fixes to scale Ethereum, developers are already coding historic technological advancements in the protocol layer that solve many of the issues and challenges the blockchain community is facing.

These framework solutions are not leapfrogging current tech for a competitive, monopolizing advantage, but are building for collaboration, blockchain agnosticism and inclusive bridges with interoperable tools, so these systems can work more efficiently, together.


There are many projects making huge advancements in the areas of consensus algorithms, privacy, self sovereign identities, fractional reserve currencies and bonding curves, conversion, currency design and launch, but the space has yet to see a protocol that is simultaneously and expediently innovating on all of these layers and weaving the solutions together — until now.

Democratizing the Protocol Layer & Public Blockchains as a Service
It launched without an ICO, without a pre-mine, and taking no development fees, and within 15 minutes of its announcement, it was mined and staked by thousands of network members worldwide. That was more than two years ago, and today, open-sourced Verus (Verus Coin.io) is on the leading edge of scalable blockchain technology that, although flying relatively underneath the radar, is having huge ripple effects on the space.

The project is supported by contributors around the world and an independent non-profit foundation that offers bounties and aids in the decentralized building of technology by the community. It is in rapid development and has already actualized many parts of its vision for a rent-free blockchain framework that provides chain interoperability and can scale to the world.

An Intergenerational Advantage
While many blockchain developers are still cutting their teeth on this technology, the lead developer of Verus has been around for a while. While Mike Toutonghi often shys from the limelight and shuns hype, it is worth telling that he is a seasoned web veteran who led Kernel development on Microsoft 95, and is also one of the founders of Microsoft’s Java efforts and .Net. Much like his days at Microsoft, where he was adding threads to operating systems where there were none, starting platform efforts that are now used by millions, or architecting data systems for Internet scale advertising, he similarly felt needed to help build the world’s future blockchain infrastructure.

Toutonghi saw that chains needed to talk to each other, that consensus algorithms were not resilient enough, and so began by adding Custom Consensus (smart contracts) to Bitcoin script. The development pioneer went on to modify the core consensus rules and now Toutonghi, alongside his son and dozens of leading developers around the world, are pushing the limits even further, mitigating some of the biggest vulnerabilities and innovating solutions by doing what Toutonghi does best — inventing solutions, weaving across layers, and building bridges.


READ MORE: https://medium.com/veruscoin/verus-testnet-release-marks-new-advancements-in-crypto-2701bf3e7c3

You have to tell it to use the GPUs.

Post you bat code.

On the surface I would to agree with you But if you truly looked in to the Verus, which I don't think you did.

You would know that Nobody is holding bags, everyone is staking!





Read more here and learn how Verus can be in the top 10 in no time at all!

https://wiki.veruscoin.io/#!information/verus-welcome.md