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Topic: [ANN] Verus (VRSC) - zk-SNARK privacy, CPU-mining, 50/50 POW/POS, fair launch - page 7. (Read 49714 times)

legendary
Activity: 915
Merit: 1005
How far away is Defi for main net?   

Also, is VerusCoin approach the "build it and they will come" mentality? I hope not in this competitive market and there are plans to nuture a community of developers, developing solid documentation to ensure projects are built on top of Verus.
member
Activity: 1027
Merit: 19
 
You can mine Verus at autoexchange mining pool Zergpool.com at 0.5% fee. Please use following commands for different mining options
 
Option 1 Auto coin switch mining by profitability within algorithm with autoexchange to specified coin wallet(BTC in example below)
Code:
  -o stratum+tcp://verushash.mine.zergpool.com:3300 -u -p c=BTC

Option 2 Direct coin mining with payout to coin wallet
Code:
  -o stratum+tcp://verushash.mine.zergpool.com:3300 -u -p c=VRSC,mc=VRSC

Option 3 Direct coin mining with autoexchange to specified coin wallet(BTC in example below)
Code:
  -o stratum+tcp://verushash.mine.zergpool.com:3300 -u -p c=BTC,mc=VRSC

Please note mc stands for mining coin symbol, c stand for payout coin symbol

SOLO and PARTY mining
Set m=solo, or m=party.YourPartyPassword to your password field to use this feature. No extra fees.

Autoexchange to BTC, LTC, DASH, BCH, DOGE or any other currency we mine
Happy mining,
 cheers pinpin
member
Activity: 175
Merit: 12
From Mike, our lead developer:

Congratulations to all of you in our entire, worldwide Verus Community!! I’m above 35,000 feet in the air right now, and we have just passed our first bi-annual halving! Thanks to you, our community is stronger than it’s ever been, and I am honored to be a part of our incredible project!! Thank you everyone across our community and around the world for helping us get to this point and for making the Verus Project the most exciting effort of which I’ve ever been a part!! We are on the precipice of changing the crypto industry and the world, and we have gotten here together! As one of us succeeds, so do we all! Thank you for making this a truly great community!!
full member
Activity: 200
Merit: 103
Hello Bitcoin World!!
VERUS ANNOUNCES NEW EXCHANGE LISTING, CONTESTS WITH 140,000 VRSC IN PRIZES, AMA & HALVING

London, November 11, 2020: Privacy, identity, and the DeFi-ready blockchain ecosystem, Verus, announces its newest exchange listing on Bithumb Global, a top-tier digital asset trading platform, providing world-class fiat and cryptocurrency trading services to users worldwide. Backed by more than half a million community members, Bithumb Global enables each global user to trade, participate or contribute to the digital assets ecosystem as part of the Bithumb family, one of the most popular cryptocurrency trading platforms in South Korea with over $1 trillion USD in cumulative, annual transaction volume. Bithumb Global will now list VRSC for purchase, trading, and for a limited time – on-exchange staking.

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

Verus Halving
In less than two weeks, Verus will also be undergoing a halving, cutting default mining and blockchain staking rewards in half and diminishing from 24 to 12 VRSC for every block mined or staked. The halving is significant because it marks another drop in Verus’ dwindling finite supply. The total maximum supply of Verus is 83,540,184. At the time of writing, there are 58,623,495 VRSC already in circulation, leaving just 24,916,689 left to be released via coinbase rewards.

Verus is scheduled to halve every 1051200 blocks indefinitely (approximately every 2 years). Miners and stakers will also be rewarded with fees for processing transactions that network users will pay. Because of its unique architecture, 100% of rewards from transactions go to miners and stakers on the network.

The Verus network has introduced a new consensus mechanism: called Proof of Power, a 50% Proof of Work and 50% Proof of Stake algorithm. It uses a statistical function that combines Proof of Work and Proof of Stake to validate each block by either, while averaging to a target percentage of blocks being validated by each form of proof.

Proof of Power is a provable hybrid solution to 51% Hash Attacks and the staking algorithm solves the two major theoretical issues undermining other Proof of Stake systems, “nothing at stake” and “weak subjectivity” by leveraging its smart transaction capabilities to remove any incentive to attempt cheating, making it a losing proposition.

Proof of Power is a groundbreaking consensus protocol that uses a unique hash algorithm, VerusHash, a quantum secure hash algorithm that nearly equalizes the cost/performance ratio of both CPUs and FPGA, lowering the hardware barrier of entry and making it so that anyone can help participate in securing the Proof of Work network, as most people believe Satoshi intended in the original BTC protocol.

The halving will take place on November 22, around 03:12 UTC. A countdown clock can be viewed at https://countdown.verus.io/halving/

About VRSC:
Verus is a truly free, decentralized protocol and rent-free blockchain framework that provides chain interoperability that can scale to the world. It’s not just a protocol, but an ecosystem of interconnected blockchains. The Verus Project has also developed and is nearing mainnet rollout of a new technology, Verus DeFi, which has been successfully testing since last year. 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 that allows anyone holding Verus to perform currency conversions, cross-chain transactions, and launch their own fractional reserve currencies as well.

The next generation DeFi enabled platform is designed as a scalable, secure, public network with privacy built-in. Verus offers superior decentralized finance for community driven liquidity by utilizing simultaneous parallel processing of DeFi transactions, allowing Verus to advance the technology underpinning automated market makers and community liquidity. The result is a series of improvements including the elimination of front-running, lower costs and optimization of liquidity.

Verus was fairly launched with no ICO, no pre-mine, no development fee, and with advance mining notice, all network fees go to blockchain miners and stakers, as well as DeFi currency holders. Development is funded through community donations, supported by the non-profit Verus Coin Foundation, and there are no centralized or rent-seeking fees in the protocol whatsoever.

Verus supports both transparent and fully private blockchain addresses and also offers self-sovereign, fully decentralized recoverable friendly name identities. 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.

Coupled decentralized bridging protocols which will allow various coins, Ethereum-based currencies, UTXO blockchain-based coins, and others, to be represented on the Verus system in a decentralized manner, will allow currencies to be sent into the Verus network from other cryptocurrency systems and also allow all Verus-created currencies to be sent to and represented in the Ethereum network as automatically created ERC20 tokens. The Verus Community believes this will lead to an expansive universe of tokens and coins with liquidity across the Verus system and other leading blockchain networks.

Learn more at Verus.io or join the community discord at Verus.io/discord
full member
Activity: 196
Merit: 100
newbie
Activity: 18
Merit: 0
How can you be sure of that. How can you trust what your eyes tell your brain? No way the pairs are there. My body is starting to engorge with air I pump in it through the mouth opening trying to accumulate more gas in my lungs before interminable laughing routine. I can not explain nor fathom what raveled me in you statement but my body reacted unusually.
Well, since I use that exchange myself I can assure you that all pairs are there and all are active.
full member
Activity: 398
Merit: 110
The Verus VRSC listing on WhiteBIT is active as of 10:00am UTC 10.07.2020.
 
The first marketpair available is VRSC/BTC, with the pairs VRSC/ETH, VRSC/EUR (fiat), VRSC/USD (fiat) and VRSC/RUB (fiat) being implemented shortly.
 
HELP support the foundation and use the foundation referral: https://whitebit.com/referral/VerusFoundation to create a account on WhiteBIT for 0 trading fee on VRSC/BTC from 10.07.2020 to 24.07.2020.
 
Let's pull together and make this exchange listing a succes story.
 
Get to know WhiteBIT exchange!

Demo Token Trading Competition (total prize money 1BTC)
Token Competitions
AirDrops
Giveaway and more.
 
With the fiat on-/of-ramp that WhiteBIT provides it will be easier for new and existing users to onboard Verus without shifting various Crypto assets between exchanges first, lowering the treshold for the onboard process and potentially growing adoption.

Verus has now three market pairs available on WhiteBIT exchange: one crypto pair VRSC/BTC and two fiat pairs: VRSC/USD and VRSC/EUR.

The fiat pairs will enable people to easily exchange their euros or dollars directly into VRSC. Shifting funds to other exchanges to get Verus is no longer needed.

VRSC/ETH and VRSC/RUB will be implemented shortly.

How can you be sure of that. How can you trust what your eyes tell your brain? No way the pairs are there. My body is starting to engorge with air I pump in it through the mouth opening trying to accumulate more gas in my lungs before interminable laughing routine. I can not explain nor fathom what raveled me in you statement but my body reacted unusually.
member
Activity: 72
Merit: 10
anyone know how to get wallet back using verus windows wallet with just a wallet.dat file can it be done.

look at this :
https://wiki.veruscoin.io/#!index.md
newbie
Activity: 123
Merit: 0
anyone know how to get wallet back using verus windows wallet with just a wallet.dat file can it be done.
member
Activity: 1027
Merit: 19
 
You can mine Verus at autoexchange mining pool Zergpool.com at 0.5% fee. Please use following commands for different mining options
 
Option 1 Auto coin switch mining by profitability within algorithm with autoexchange to specified coin wallet(BTC in example below)
Code:
  -o stratum+tcp://verushash.mine.zergpool.com:3300 -u -p c=BTC

Option 2 Direct coin mining with payout to coin wallet
Code:
  -o stratum+tcp://verushash.mine.zergpool.com:3300 -u -p c=VRSC,mc=VRSC

Option 3 Direct coin mining with autoexchange to specified coin wallet(BTC in example below)
Code:
  -o stratum+tcp://verushash.mine.zergpool.com:3300 -u -p c=BTC,mc=VRSC

Please note mc stands for mining coin symbol, c stand for payout coin symbol

SOLO and PARTY mining
Set m=solo, or m=party.YourPartyPassword to your password field to use this feature. No extra fees.

Autoexchange to BTC, LTC, DASH, BCH, DOGE or any other currency we mine
Happy mining,
 cheers pinpin
member
Activity: 72
Merit: 10
all i got on the wallet is no demon running found can anyone help be sat there for 2 days saying same cheers.
go to discord, you will find help there
https://discord.gg/RnXzd7
newbie
Activity: 123
Merit: 0
all i got on the wallet is no demon running found can anyone help be sat there for 2 days saying same cheers.
jr. member
Activity: 238
Merit: 3
good project, been here for a year and it is constantly developing.
newbie
Activity: 4
Merit: 0
I want to know, in what website or where can I see the amount of money in the top 100
hero member
Activity: 2548
Merit: 626
Hi, you can mine Verus both with CPU & GPU using SRBMiner-Multi

https://github.com/doktor83/SRBMiner-Multi

It's much much faster on CPU's with only SSE2 than the other public miners  Wink
member
Activity: 175
Merit: 12
Join us Live on Discord: https://veruscoin.io/discord

This Tuesday July 28th at 1700 GMT (1:00 PM ET)

The  @VerusCommunity / @VerusCoin is having our first ever Q & A session
with the  @WhiteBIT6  exchange!

Where we’ll be giving away $450 in #Verus Coin! $VRSC

https://youtu.be/RBj5hrQa4As
member
Activity: 175
Merit: 12
Learn all you need to know about Verus

Community member Meyse@ wrote an extensive article about Verus in relatively low-tech language.

If you want to learn about the capabilities that are on mainnet and testnet now, I recommend reading it

https://medium.com/@meyse/is-verus-poised-to-challenge-ethereum-7935ea559b28
member
Activity: 175
Merit: 12
The Verus VRSC listing on WhiteBIT is active as of 10:00am UTC 10.07.2020.
 
The first marketpair available is VRSC/BTC, with the pairs VRSC/ETH, VRSC/EUR (fiat), VRSC/USD (fiat) and VRSC/RUB (fiat) being implemented shortly.
 
HELP support the foundation and use the foundation referral: https://whitebit.com/referral/VerusFoundation to create a account on WhiteBIT for 0 trading fee on VRSC/BTC from 10.07.2020 to 24.07.2020.
 
Let's pull together and make this exchange listing a succes story.
 
Get to know WhiteBIT exchange!

Demo Token Trading Competition (total prize money 1BTC)
Token Competitions
AirDrops
Giveaway and more.
 
With the fiat on-/of-ramp that WhiteBIT provides it will be easier for new and existing users to onboard Verus without shifting various Crypto assets between exchanges first, lowering the treshold for the onboard process and potentially growing adoption.

Verus has now three market pairs available on WhiteBIT exchange: one crypto pair VRSC/BTC and two fiat pairs: VRSC/USD and VRSC/EUR.

The fiat pairs will enable people to easily exchange their euros or dollars directly into VRSC. Shifting funds to other exchanges to get Verus is no longer needed.

VRSC/ETH and VRSC/RUB will be implemented shortly.
legendary
Activity: 915
Merit: 1005
The Verus VRSC listing on WhiteBIT is active as of 10:00am UTC 10.07.2020.
 
The first marketpair available is VRSC/BTC, with the pairs VRSC/ETH, VRSC/EUR (fiat), VRSC/USD (fiat) and VRSC/RUB (fiat) being implemented shortly.
 
HELP support the foundation and use the foundation referral: https://whitebit.com/referral/VerusFoundation to create a account on WhiteBIT for 0 trading fee on VRSC/BTC from 10.07.2020 to 24.07.2020.
 
Let's pull together and make this exchange listing a succes story.
 
Get to know WhiteBIT exchange!

Demo Token Trading Competition (total prize money 1BTC)
Token Competitions
AirDrops
Giveaway and more.
 
With the fiat on-/of-ramp that WhiteBIT provides it will be easier for new and existing users to onboard Verus without shifting various Crypto assets between exchanges first, lowering the treshold for the onboard process and potentially growing adoption.

Great job in getting VRSC added to a more reputable exchange https://whitebit.com/trade/VRSC_BTC . Looking forward to seeing VRSC being adopted and used by many projects.
newbie
Activity: 18
Merit: 0
The Verus VRSC listing on WhiteBIT is active as of 10:00am UTC 10.07.2020.
 
The first marketpair available is VRSC/BTC, with the pairs VRSC/ETH, VRSC/EUR (fiat), VRSC/USD (fiat) and VRSC/RUB (fiat) being implemented shortly.
 
HELP support the foundation and use the foundation referral: https://whitebit.com/referral/VerusFoundation to create a account on WhiteBIT for 0 trading fee on VRSC/BTC from 10.07.2020 to 24.07.2020.
 
Let's pull together and make this exchange listing a succes story.
 
Get to know WhiteBIT exchange!

Demo Token Trading Competition (total prize money 1BTC)
Token Competitions
AirDrops
Giveaway and more.
 
With the fiat on-/of-ramp that WhiteBIT provides it will be easier for new and existing users to onboard Verus without shifting various Crypto assets between exchanges first, lowering the treshold for the onboard process and potentially growing adoption.
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