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RE: Liking Verus a lot. Bought a bag. :-) #WeAreOne #TruthAndPrivacyForAll ...

in DBuzz4 years ago (edited)

It's not about the coin, it's about the blockchain and use cases.
I can't summarise it for you.
Website https://veruscoin.io/
Vision Paper https://veruscoin.io/downloads/VerusVision.pdf
Edit: @chrisrice
From the Vision Paper
Abstract
The Verus Project aims to establish a secure, privacy-centric, fairly-distributed
cryptocurrency. But – beyond this currency – Verus seeks to become much more than
a zero-knowledge privacy coin, one with two completely new highly-decentralizing proof
of work and proof of stake algorithms.
In addition to payments, decentralization, and privacy features, Verus Project
plans include its direct use as a currency for provisioning scalable and secure public blockchains as a service (PBaaS), for Verus applications built upon these parallel
chains to scale. What this will do is simple: It will enable all people – as well as
all nodes on the Verus network to participate in and benefit from a decentralized,
blockchain service economy.
This paper details the Verus vision and describes the function of Verus as its own
platform, and also as a member of the Komodo platform ecosystem, in the context of its
first applications. Verus core applications will provide a foundation to build additional
applications and services, which will leverage Verus’ automatically created blockchains,
called autochains. Autochains – or PBaaS – will be provisioned and notarized by the
Verus blockchain miners and stakers, in exchange for Verus currency.
Autochains will be validated through proof-of-stake by their user populations. In
addition to extremely scalable, dynamic, publicly-secured autochain applications, this
will add a dynamic isolation and security component to applications that can also
create, manage, and verify transactions on the main Verus chain or any other Komodocompatible, Crypto-Conditions [17], Interledger Protocol [25] enabled blockchains.
The ways we apply this technology to our world – to our biggest contemporary
challenges – has the potential to completely remake the fabric of our society.

It's worth the time to research further, trust me, i'm not a doctor!