VeriumReserve (VRM) is a pure digital asset/commodity operating on the PoWT protocol. VeriumReserve is an innovative digital asset with investment value, supporting the operation of the VeriCoin blockchain. Moreover, VeriumReserve pairs digital currency with digital reserve, addressing the scalability issues of digital currencies and enhancing transaction speeds.

Project Highlights

ASIC and GPU Resistance
The scrypt2 algorithm allows anyone with a PC or laptop to mine Verium. Due to its ASIC and GPU resistance, it enables broader participation. This leads to a more decentralized network and higher security.
Variable Block Time
Introducing a new variable block time paradigm that accelerates as mining power increases. This allows Verium to automatically scale, enhancing transaction speed and capacity while ensuring mining security at any level.
AuxPow
Through Veriums auxiliary proof-of-work protocol, Verium will also process VeriCoin blocks. This process will speed up VeriCoins block time to 30 seconds or faster. This enables VeriCoins network to provide an efficient, scalable ecosystem for consumer transactions far beyond existing standards.

Use Cases

PoWT Blockchain (Proof of Work Time)
Proof of Work Time (PoWT) is a new method of forming consensus by introducing a variable block time that changes with mining power, where the blockchain accelerates as power increases. This better scales the blockchain, enhances transaction speeds, and allows for automatic adjustment to more profitable mining.
CPU Mining
The days of requiring specialized computing hardware and complex technology to mine digital currency are over. Anyone can easily mine Verium. Simply download the VeriumVault software onto any computer, click mine and start earning Verium, the digital gold backing the digital currency VeriCoin. Verium is one of the few digital currencies that cannot be mined through dedicated GPUs and ASICs.
Power-Based Rewards
As mining power increases, rewards decrease slowly, this mechanism makes the reserve commodity supply curve fall based on increasing demand, potentially increasing value over time and encouraging usage.

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