Download the Latest Builds Here: https://verus.io
IMPORTANT: Before updating, back up your wallet.dat file as a precaution (although this is unlikely to be needed). Delete the existing application installation folder—but not the VRSC or any other essential folders—then proceed to install and run the updated version.
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Introduction to Verus Coin
Derived from the Latin word "Verus," meaning "truth," Verus Coin integrates the most important cryptocurrency features into a unified platform. Verus is a fork of Zcash and Komodo, leveraging their proven technologies while introducing groundbreaking innovations. With compatibility for Bitcoin and Zcash transactions and Komodo’s cross-chain swaps and dPoW security, Verus aims to be a comprehensive blockchain solution.
Key Features:
- No Premine or ICO: Mining for Verus Coin begins without any premined tokens or initial coin offering.
- Enhanced Privacy and Security: Verus incorporates zk-SNARK technology for private transactions and encrypted messaging.
- Unique PoW/PoS Algorithm: Verus combines Proof of Work and Proof of Stake in a 50/50 ratio, optimized for CPU mining, fair staking, and low energy consumption.
Mining and Rewards System
Verus introduces a unique approach to mining and staking rewards:
- Block Rewards: Linear ramping from 0 to 384 for the first 10,080 blocks (1 week). Subsequent halving occurs monthly for 5 months, then every 2 years.
- Time-Locked Rewards: Rewards above 192 VRSC are time-locked for release between blocks 129,600 and 1,181,520 (3 months to 2 years and 3 months).
- Staking and Mining Tools: Verus-enhanced Agama wallet supports mining, staking, and shielding transactions.
1. Install the Verus-enhanced Agama wallet.
2. Set Verus as your native coin.
3. Begin mining or staking using the intuitive CLI menu within the wallet.
System Requirements
- Operating Systems: Windows, Linux, Mac.
- Hardware: Intel or AMD processors with AES and AVX instructions (manufactured within the last 5-6 years). Use CPU-Z or “lscpu” (Linux) to verify compatibility.
Technical Innovations
Verus goes beyond standard blockchain capabilities by enabling:
- Integrated Mining and Staking: Optimized for fairness and energy efficiency.
- Mandatory Shielding for Coinbase Transactions: Ensures privacy and usability within the Verus ecosystem.
- Decentralized Functionality: No centralized servers or intermediaries for transaction execution.
Future Plans
Verus aims to provide innovative blockchain solutions. A detailed whitepaper outlining the Verus vision will be released soon. For now, Verus is designed to be earned, owned, and used by everyone, laying the groundwork for revolutionary cryptocurrency capabilities.
Max Supply: 83,540,184
Algorithm: VerusHash PoW/PoS (50/50)
Block Time: 1 minute
Reward System: Initial 1-week ramp-up, then halving schedules for sustainability.
Disclaimer
The software linked to in this post is experimental and provided "as is". Use it at your own risk. I do not assume responsibility for the content, accuracy or availability of information on external websites linked to in this post. We disclaim any liability for financial or other losses. Always back up your data and take appropriate precautions. All links are taken from Versus sources
For project promotions, contact: [email protected].