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VeriumReserve ( VRM )

13
Total Score 8.2
Design
8.5
Performance
9.5
Usability
8.0
Functions
7.5
Support
7.5

Exchanges:

Verium is Vericoin PoWT (Proof of Work Time) commodity. The variable block time paradigm of Verium does a number of great things. It increases blockchain performance with security. It softens the difficulty mechanism without loss of security, so that mining power can grow more efficiently and organically. Rewards in minutes per mining between blocks enables more profitability of mining that is dependent on power and time burning electric. A decreasing reward as the blockchain speeds, incentivizes a balance of efficiency and power, while maintaining security with a corresponding block time. ASIC and GPU resistant due to memory hardness.

Statistical data provided by Coinmarketcap.com
VeriumReserve ( VRM )
8.2 Total Score
2 reviews
Add your review
Design
8.5
Performance
9.5
Usability
8.0
Functions
7.5
Support
7.5
2 Comments
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  1. solarsaurus
    solarsaurus March 21, 2017 at 3:26 am
    3.8
    Design
    80
    Performance
    90
    Usability
    80
    Functions
    70
    Support
    60

    Verium is made by the folks who created Vericoin. I don’t think you can review one with out at least mentioning the other at this point, as they will soon be merged by design. Both projects seem like brilliant projects straight from someone’s garage.

    What i mean by that is that the ideas are great, the implementation for the most part is great, but it has had some bugs, sometimes major ones. Their team is too small, and is spread too thin. If they can attract some quality developers to contribute, especially to some of the peripheral functions, I think the project can blossom.

    The focus on CPU mining, and being a very slow blockchain might prove to have it’s place in the world. Verium paired with Vericoin becomes more interesting however. The two together create the base for a very interesting economy/home banking system, but it still lacks many of the features that are starting to become common place among some of the top alt coins (privacy features, governance features, etc)

    It’s got it’s niche, but for now verium’s use cases are simple and few. We will see how simple will prove its self through time and if it’s enough.

    + PROS: Focus on being decentralized (CPU mining) User interface is solid. Solid concept as individual currency; Very Unique concept for as paired with vericoin. Developer focus on community.
    - CONS: Needs more developers. A bit sparse in useful features. The main community forum is a bit archaic.
    Helpful(9) Unhelpful(0)You have already voted this
  2. colt-albrecht
    colt-albrecht July 22, 2017 at 11:34 pm
    4.4
    Design
    90
    Performance
    100
    Usability
    80
    Functions
    80
    Support
    90

    I came across Verium after the announcement of the Bitcoin proposals. I was searching for a coin that was developed completely for de-centralization. The CPU only feature made me realize that when this takes off, a handful of mining farms will not have ultimate control on the currency but instead the users and community will. Verium and its ‘partner’, Vericoin, have great potential and a strong foundation for nothing but up in the future.
    Hope for the best!

    + PROS: Coin is completely decentralized due to its CPU only mining. Community is active on multiple social sites like reddit,slack and forums. Support is good and still active.
    - CONS: Being a 2+ year old Alt but needs worked on and improved to compete in the market. Few exchanges have the coin...needs more.
    Helpful(2) Unhelpful(0)You have already voted this

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