VRSC

Verus (VRSC) is an L1 blockchain and Smart Contract Platform focused on privacy, security, and decentralized scalability. It uses Verus Proof of Power, a 50/50 PoW/PoS hybrid consensus mechanism proven resistant to 51% attacks. Core to Verus is its Public Blockchains as a Service (PBaaS) feature, enabling permissionless creation of interconnected, interoperable L1 blockchains. Its native DeFi protocol provides MEV Protection through simultaneous transaction processing, preventing front-running. Users can also engage in mobile mining for VRSC using CPUs or ARM devices and manage self-sovereign identities with VerusID, leveraging zk-SNARKs for privacy.

Verus addresses critical challenges in blockchain technology, primarily scalability and security. It resolves scalability limitations by enabling unlimited interoperable PBaaS blockchains, each capable of processing 75-800 TPS, scaling horizontally like the internet. Verus provides robust MEV Protection at the protocol level, eliminating front-running and ensuring fair DeFi trading. Unlike platforms reliant on vulnerable smart contracts, Verus employs intrinsically secure "Smart Transactions" to prevent exploits. Furthermore, its 50/PoW/50PoS consensus mechanism offers provable 51% attack resistance, and zk-SNARKs technology provides optional transaction privacy, making it a secure and private Layer 1.

The vrsc token is the native cryptocurrency of the Verus blockchain, with a max supply of 83,540,184 VRSC. It launched fairly, with no premine, ICO, or developer fees; all VRSC is earned through Proof of Work (PoW) mobile mining and staking. VRSC is used for ultra-low transaction fees (0.0001 VRSC), launching new PBaaS blockchains (10,000 VRSC), and creating custom currencies (200 VRSC). DeFi operations on Verus incur minimal fees (0.025%-0.05%), with 50% distributed to miners/stakers and 50% to reserves. This model ensures sustainable economic growth and rewards network participation on the Verus platform.

Verus uses a multi-chain architecture called PBaaS (Public Blockchains as a Service) where each application or community can launch its own interconnected blockchain. This allows horizontal scaling similarly to web servers—new chains handle increased load without congesting the main chain. Each PBaaS chain processes 75-800 TPS, and miners secure up to 22 chains simultaneously via merge-mining.

Yes, VerusID supports verified credentials from trusted entities (e.g., governments, universities). Users store encrypted proofs on-chain and selectively disclose them using zero-knowledge technology. For example, you could prove age without revealing your birthdate or show employment history without exposing employer contracts.

Staking requires running a full node but no specialized hardware. Minimum specs include a 64-bit OS, 8GB RAM, and 50GB storage. Unlike energy-intensive PoW networks, VerusPoS runs efficiently on devices like Raspberry Pi or old laptops. Rewards correlate with staked amount and network participation duration.

Verus' DeFi conversions occur at the protocol level with all transactions in a block settled simultaneously at identical prices. This eliminates price slippage and front-running opportunities since miners cannot prioritize transactions based on fee manipulation—conversions are processed atomically within each block.

Currently, Verus Storage supports files up to 999KB, optimized for credentials, documents, or NFT metadata. For larger files, data is stored off-chain with on-chain hashes for verification. Future updates may increase capacity, but the focus remains on permanent, high-value data storage rather than bulk media.