What is VeriCoin?
VeriCoin (VRC) is the only integrated digital currency + digital reserve ecosystem based on the scalable “Binary-Chain” protocol. It leverages and merges two independently distinct types of blockchain protocols, VeriCoin’s “Proof-of-Stake-Time” and Verium’s “Proof-of-Work-Time”. This allows VeriCoin to deliver the fast transaction speeds of the digital currency while securing the store of value generated by the digital reserve. The major benefits of VeriCoin are: It guarantees easy, secure, quick, and adaptable digital transactions compared to other cryptocurrencies such as Bitcoin, Litecoin, etc. Underlying one-of-a-kind "Proof-of-Stake Time" (PoST) Blockchain protocol provides an additional layer of security and enhances the decentralization of the consensus Transactions are 10x faster than Bitcoin The holder receives rewards by leaving the digital wallet open and running on their PC. This process, known as “staking”, helps validate transactions on the VeriCoin network. VeriCoin is more than a quick, efficient and scalable digital currency. It’s also a secure “store of value” that maintains integrity and high transaction speeds. These unique advantages enable users and merchants to transact, trade and/or create completely on-chain, without needing to depend on third-party or secondary layer solutions.
How do I buy VeriCoin?
Deposit funds into your account.
Enter the amount of VeriCoin (or Australian Dollar equivalent) that you would like to buy.
Click ‘Buy' to confirm your VeriCoin purchase and your VeriCoin will arrive in your CoinSpot wallet within minutes.
Don't have an account? Click here.