Topic: [ANN] Verus (VRSC) - zk-SNARK privacy, CPU-mining, 50/50 POW/POS, fair launch - page 10. (Read 49636 times)

MANDATORY UPDATE v0.6.0 -- REQUIRED FOR MAINNET PAST BLOCK 800200 -- MAKE SURE TO UPGRADE BEFORE DECEMBER 15TH

@everyone Announcing Verus Version 0.6.0 Mainnet Release with the new VerusHash 2.1 and December 15th activation of VerusIDs, the only decentralized, friendly, self-sovereign, quantum ready, revocable, recoverable, blockchain identities in the world!

Thanks to everyone across the community for all of your help, testing, and feedback to make this the most exciting release in the history of the Verus Project! Once VerusIDs activate on December 15th, Verus will earn its place in blockchain history as the first to deliver a truly decentralized, easy to use, revocable, recoverable multisig capable identity protocol.

The GUI version also include the Komodo network upgrade, which activates on the Komodo network on December 20th.

Make sure to backup your wallet.dat, as is always recommended on upgrade. Download and install the latest releases here: https://veruscoin.io/wallet.html

Announcing availability of CLI testnet and first release candidate (RC1) for the Verus ID and VerusHash 2.1 Network Upgrade!

This is the first release candidate (RC1) for the next major upgrade to the Verus network. It is considered fully ready for testing on both VRSCTEST testnet and VRSC mainnet. While this release is likely to work fine on mainnet through the coming activation, it is not yet an official release that you should expect to support mainnet activation. This release is intended for community members and ecosystem developers to have a chance to test and familiarize themselves with Verus ID technology on testnet. If you install this version, please make sure to upgrade to an official release before network activation, which will happen at block 800200, expected to be mined or staked on December 15th.

This release enables two technology upgrades, one that would be considered big news to most cryptocurrency projects, an improvement to the FPGA-equalizing hash algorithm, and a revolutionary, new decentralized identity technology, Verus IDs, that will disrupt today’s centralized systems with the most secure, quantum ready, fully decentralized, self-sovereign digital identity system in the world.

Verus ID - A Better Blockchain Identity Technology
If you’ve been around crypto for even a little while, you’ll start to hear things like “not your keys, not your coins”, “lose your keys, lose your coins”. If you lose your keys, no one will ever be able to recover your money.

In fact, trading off decentralized, censorship resistant public systems for this risk to your cryptocurrency assets is such a fundamental issue in blockchain systems today that it is considered an acceptable price for having the benefit of full control over your own funds and blockchain assets.

Verus ID provides an elegant solution to these previously unsolved, fundamental problems, and also provides quantum-ready friendly identity names and blockchain funds addresses as self-sovereign, revocable, recoverable identities that provide the following advantages over today’s blockchain systems:

• Identity and currency address are one and the same. Your friendly name can be used as both a reference to who you are and an on-chain destination for any funds transfer.
• Each identity must have a set of addresses (1 or more) and a minimum number of signatures required from those addresses to spend or sign on behalf of an identity. Each identity also refers to two additional identities that have authority over:
  
  • Primary - this is the self identity and may modify any part of the identity except its name, its parent, which is derived from the blockchain on which it is defined, and unless it is also one of the two other authorities, it may not modify any data under their control, including the identity of the other authorities once specified.
    
  • Revocation - this identity may revoke the primary identity, which will also revoke access to all funds and transactions under its control, but it may not spend any funds or sign on behalf of the identity.
  • Recovery - this authority may redefine/recover a revoked identity, but it may not change the revocation authority, nor may it modify an unrevoked identity at all.
• Identities are transferable by defining them with primary addresses with private keys, which are under another party’s control. When identities are transferred, the revocation and recovery authorities may or may not be modified as well, as long as the party updating the ID has the authority to do so.
• If an identity is transferred from one party to another, all funds in transactions that are under the control of that identity will also transfer to the party to which control is being transferred. In the native wallet, these changes are automatically reflected in the wallet balance and visibility of the balance of an identity using z_getbalance identity@”.
• If later, a new address type or signature algorithm, such as one that is quantum secure s added to the Verus blockchain, all transactions sent to an identity that is updated to be under the control of the new address type will be subject to its spend conditions as well. That means that if you have 1000 transactions sent to your identity name/address, an upgrade to a quantum secure address, when they are available, will retroactively secure all 1000 transactions under the control of that address.

You can download RC1 at: https://github.com/VerusCoin/VerusCoin/releases/tag/v0.5.9-37
For more information or help visit our discord: https://discord.gg/VRKMP2S

Verus Community T-Shirt Design Contest

The goal is to design a T-shirt around the fork, showing the current logo on the back and after the fork the front of the T-shirt with the new Verus ID and graphics. Winners will be awarded a T-shirt with the winning design (Contest period 1 --> back, contest period 2 --> front) and a limited amount of shirts will be available to purchase.

Contest period 1 – Verus logo as it exists along side the date of 12-15-19 for design inspiration for back of shirt
Contest period 2 – logo + VerusID should be used for inspiration (front of shirt)

Community Vote will be taken Dec, 30 2019, 1200 UTC (noon) - Dec, 31 2019, 1200 UTC (noon)
Judge vote TBD shortly after.

Design submissions for contest period 1 will must be completed on block #800200.
Design submissions for contest period 2 will start at block #801640 until Dec, 30 2019, 1200 UTC (noon).

Contest rules can be found at https://www.veruscommunity.io/contest

The project is very solid and serious. The latest additions are PBAAS (Public Blockchain As A Service) and the soon be ready (few days from now) Verus ID that will add a very useful identification (and much more) functionality.
Anyone can find out more at the official website or discord channel - links should be available on the main post.

https://vrsc.fpgapool.net/static/fpgalogosmall.gif

New Public VerusCoin Mining Pool:   FPGAPOOL.NET
https://vrsc.fpgapool.net

All miners welcome!

-Low 1% fee for mining

-Payouts Every 3 minutes


Current Pool Ranking according to miningpoolstats.stream
https://miningpoolstats.stream/veruscoin

Mining URL:


Discord link: https://discord.gg/pEHgqmr

Enjoy Mining!

New releases of our wallets are now available on https://veruscoin.io/ that include the latest updates to address the Zcash privacy issue announced a few days ago.

This update also includes all of the Zcash updates since our last synchronization of Sapling, minor GUI fixes, UI improvements, and the latest support for VRSCTEST on testnet and screens to make your own test blockchain currencies, send across test chains, and even convert currencies on the testnet as well.

Please upgrade as soon as you are able and spread the word. This update is technically not mandatory, but it fixes a real security/privacy issue, and we consider it to be a CRITICAL update.

If you have recently looked at the website for downloads, please be sure to update the page and that you are installing version 0.5.9. Enjoy!
https://veruscoin.io/wallet.html

Get the latest Verus wallet v0.5.8 for $VRSC, $BTC, $KMD, $ETH, +100s more, also with Verus advanced technology testnet!
Enable testnet and convert currencies with a simple send. Even send cross-chain! Scalable, shared liquidity - independent chains.

Try it now: https://veruscoin.io/wallet.html

Looking forward to PBaaS when it launch....this will be a new revolutions in crypto world 

Thanks, that sounds pretty awesome!!

Once PBaaS is on mainnet, a PBaaS coin can become a stable coin with respect to VRSC by supplying a large enough liquid reserve to limit slippage between the coin and VRSC. Any PBaaS chain using the liquid reserve option will be able to exchange its coin to Verus and back, much like the BANCOR protocol. The difference is that Verus’ implementation is governed by the blockchain consensus.

In that sense: yes, it will.

I suspect however that you would like to peg a coin to a different currency than VRSC. I imagine this could be done by continuously adapting the size of the liquid reserve, to artificially match the pegged value you’re after.

Can veruscoin tech be used to make an algorithmic stable coin like Maker dai?

This review from GGMESH in the THE DAILY CHAIN is an excellent article for anybody that wants to get up to speed with the Verus developments, its motivation and last but not least the work and history of the lead developer Micheal Toutonghi.

https://www.thedailychain.com/the-verus-review-with-mike-toutonghi-2/

hi cosmo,

vrsc is tradeable for example on digitalprice:

https://digitalprice.io/order?url=vrsc-btc

you can store as many vrsc as you want on the verus agama wallet

https://veruscoin.io/wallet.html

Because this is CPU miner and not GPU miner? Come on dude this is a clear sign if you pay attention and read the thread.

I don't see VRSC on any exchanges. I'm new in this area and don't know where I can buy a token?
And how much of my tokens are safe when deposited on the wallet and what is the expected interest rate?

Hello keseoma,

Every time your have matured rewards they need to be shielded (sent to Z-address) and unshielded (sent back to R-address) in order to stake.

I'm have 6000+ mature coins now in staking, as well as 6000+ still unmature coins

Here is my step:

1: create a new Z wallet address
2: send the 6000 coins to the Z wallet
3: send them back to my public R wallet

Here is the problem:

if they will be counted into the staking when the unmature 6000 coins got mature? 
or I need to do the 3 steps again ?

This upgrade is mandatory for non-Verus, Komodo ecosystem coins.

As announced by Komodo, the annual notary election fork is scheduled for July 15th, at Komodo block 1444000. This latest version of Agama has all of the changes needed for a smooth experience when it happens.

Along with new Komodo binaries, this version also includes numerous bug fixes and improvements:

-A warning is now shown if going to send KMD with a positive interest balance, and the user must either confirm they are willing to donate their interest rewards, or collect their interest before sending

-Issues with gracefully ending komodod are now resolved

-Private address creation is disabled for KMD

-Minor wording issues on PBaaS test screens are now fixed

-Electrum proxy servers now use https
https://veruscoin.io

You can try Hostero for mining VRSC with the CPU: https://www.hostero.eu/coins/veruscoin

hi anyone whats the best amd software to use to mine these cheers.