VeriCoin and Verium is the first dual blockchain protocol technology that pairs a digital currency with a digital reserve. This means faster transactions, more security and solves the digital currency scalability puzzle.
Binary-Chain Explained
Current digital currencies face an impossible task of trying to be both a fast currency and a secure store of value. VeriCoin and Verium together solve this problem with the groundbreaking dual blockchain system called Binary-Chain. Binary-Chain, secures and accelerates transactions by leveraging complementary protocol technologies (PoST [Proof-of-Stake-Time] and PoWT [Proof-of-Work-Time]), into a cutting edge blockchain ecosystem. This results in:
Reduced transaction times for VeriCoin (as fast as 30 seconds).
Improved Verium transaction times from 5 minutes down to 1 to 3 minutes.
Full decentralization through two chains (PoST and PoWT)
