VeriumReserve (VRM) is a pure digital asset/commodity that runs on the PoWT protocol. VeriumReserve is an innovative digital asset with investment value and supports the operation of VeriCoin blockchain. In addition, Verium Reserve pairs digital currency with digital reserves to solve the scalability problems of digital currency and improve transaction speed.

Project Highlights

ASIC and GPU resistance
The scrypt2 algorithm allows anyone with a PC or laptop to mine Verium. Because it has ASIC and GPU resistance, it can get more people involved. This allows for more distributed networks and higher security.
Variable Block Time
A new paradigm for variable block time is introduced that accelerates with increasing mining capacity. This allows Verium to automatically scale, enhancing transaction speed and capacity while ensuring any level of mining security.
AuxPow
Through Verium's auxiliary mining protocol, Verium will also process VeriCoin blocks. This process will speed up VeriCoin's blocking time to 30 seconds or faster. This enables VeriCoin's network to provide an efficient, scalable ecosystem for consumer transactions that far exceed the existing standards.

Application Scenarios

PoWT Blockchain (Proof of Working Hours)
Proof of Working Time (PoWT) is a new way to form consensus by introducing variable block time that varies with mining power, where blockchain accelerates with increasing power. This can better scale the blockchain, increase transaction speeds, and allow automatic adjustments to more profitable mining.
CPU mining
The days of needing specialized computing hardware and sophisticated technology to mine digital currencies are over. Anyone can easily dig Verium. Simply download the VeriumVault software to any computer, click mine and start earning Verium, which is digital gold that supports the digital currency VeriCoin. Verium is one of the few digital currencies that cannot be mined with dedicated GPUs and ASICs.
Power-based rewards
As mining rights increase, rewards slowly decrease, this mechanism causes the reserve commodity supply curve to decline based on the increase in demand and can increase value and use over time.

Related links:
http://www.zz15z.cn/xnb/4066.html