VeriCoin

Currently digital currencies face the impractical task of trying to be both a quick and efficient currency while also maintaining integrity as a secure store of value. VeriCoin (a Digital Currency) and Verium (a Digital Reserve) were developed to address this issue by leveraging two different but independently distinct types of blockchains. When we merge these two *unique* chains together, we will form an entirely new scalable ecosystem that we refer to as Binary-Chain.

Using the Binary-Chain will further increase the fast transaction speeds of VeriCoin while progressively securing the store of value generated by Verium.

The two specialized chains embody two specific technologies that when coupled, will exponentially enhance the best of both technologies. By integrating VeriCoin’s “Proof-of-Stake-Time” protocol and Verium’s “Proof-of-Work-Time” protocol into a symbiotic, groundbreaking and innovative set of financial tools - the Binary-Chain will enable users and merchants to transact, trade and/or create completely on-chain without depending on any third party or secondary layer solution.

• Full decentralization through two chains (PoST and PoWT)
• Complete immutability
• A fully secure digital financial system

VERICOIN - THE DIGITAL CURRENCY

A purely digital currency that runs on its own protocol PoST (Proof-of-Stake-Time).

VeriCoin, the Currency, (Ticker: VRC) transactions are currently 10 times faster than Bitcoin, nearly instant and via Verium will become even faster. Unlike Bitcoin, you gain rewards like a savings account by simply leaving your digital wallet running on your computer. This process is known as staking, another form of digital minting of new coins, and helps validate transactions on the VeriCoin network. VeriCoin allows anyone in the world with an internet connection the ability to transfer and receive funds in a matter of seconds. People who are not able to, or do not have access to a bank account, will now have access to an already established and flourishing financial network. VeriCoin is backed by the technology that will change the world in a variety of ways.

VeriCoin Benefits

• Earn Rewards By Staking Your VeriCoin
• Lightning Fast Transactions. Confirmations In Less Than 5 Seconds
• Near-Zero Transaction Costs. (Only .0001 VRC)
• Exponentially More Secure Than Traditional POS
• Energy Efficient Network Consensus