How Did VeriCoin Begin?
We began creating VeriCoin in March of 2014 and officially launched on May 10th 2014.
We were intrigued by the power and efficiency of the Proof-of-Stake system but just as equally dismayed by the operations of a few of the other Digital Currencies at the time. The misleading IPOs (Initial Public Offerings), the Centralized ownerships, the broken communities and the lack of a legitimate mechanism for minimizing inflation bothered us to no end.
We knew we could do better. Much better.