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Verium (VRM)
Verium is a cryptocurrency created by...
Verium (VRM)
VRM
Verium is a cryptocurrency created by the developers of Vericoin.
More info
Website: Verium
Algorithm: N/A
Proof Type: PoWT
Fully Premined: no
Algorithm: N/A
Proof Type: PoWT
Fully Premined: no
Verium is a cryptocurrency created by the developers of Vericoin. Together, these two coins (Verium and Vericoin) create a "system" in which Vericoin acts as currency, due to its cheap transaction fees and faster block times, while Verium acts as a store of value due to its higher fees and slower blocktimes that dis-incentivize spending. Verium uses the Proof of Work Time consensus protocol that has variable block times to increases blockchain performance and security. PoWT also allows mining to be GPU and ASIC resistant.