What Is VeriCoin?


Launched on May 10th, 2014,
VeriCoin is a Proof-of-Stake-Time, (formerly Proof-of-Stake), Digital Currency that features a variable interest rate which fluctuates depending on how many coins the network is staking as well as how long you personally actively stake them to earn interest. Users who stake their coins for longer periods of time are rewarded more interest while simultaneously increasing the overall network security.

On the first anniversary of VeriCoin, May 10th, 2015, VeriCoin implemented a new Proof-of-Stake protocol entitled Proof-of-Stake-Time.
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Category:
About VeriCoin
Published:
Jun 2, 2014
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