Announcing Verus v1.1.1-11 - CRITICAL SOFT FORK UPDATE REQUIRED FOR MINING AND STAKING ON MAINNET AND TESTNET

THIS UPDATE CONTAINS A SOFT FORK AND IS CRITICAL FOR ALL STAKERS OR MINERS, AS EXPLAINED BELOW. NODES THAT ARE NOT MINING OR STAKING WILL STILL FUNCTION JUST FINE, BUT WE RECOMMEND EVERYONE UPGRADE AS SOON AS THEY CAN

Updated Bridgekeeper which can be used with the CLI is available at: https://github.com/VerusCoin/Verusbridgekeeper

CLI RELEASE: https://github.com/VerusCoin/VerusCoin/releases/tag/v1.1.1-11

GUI RELEASE: https://github.com/VerusCoin/Verus-Desktop/releases/tag/v1.1.1-11

GUI TESTNET RELEASE: https://github.com/VerusCoin/Verus-Desktop/releases/tag/v1.1.1-11-testnet

As you might have noticed, we have had an incident where someone has put a transaction onto the chain that was not created with the official daemon, was close enough to conforming with network rules that it was getting into a block, and was causing nodes that either staked a block or were mining to segfault.

We do not know if this was intentional or some unknown programmer who is modifying the software making a serious error. It is quite likely to be the former, but we cannot prove that to be the case. This hot fix is a soft-fork, meaning that old nodes that are not staking or mining will follow the chain just fine.

It will let everyone who upgrades continue mining and staking without incident, and we would like especially pools and stakers to upgrade ASAP. Whoever does will have a better chance to get blocks at first, as everyone else comes online.

Announcing Verus v1.1.1-13 - MANDATORY UPDATE REQUIRED FOR LONG TERM BRIDGE CONNECTION, ACTIVATION HEIGHTS (SUBJECT TO COMMUNITY DESIRE AND READINESS FOR EARLY ACTIVATION):
MAINNET: 2805000, APPROX Thu Nov 23 12:01:11 AM UTC 2023
TESTNET: 285700, APPROX Mon Nov 13 01:12:48 AM UTC 2023

CLI RELEASE: https://github.com/VerusCoin/VerusCoin/releases/tag/v1.1.1-13
GUI RELEASE: https://github.com/VerusCoin/Verus-Desktop/releases/tag/v1.1.1-13

GUI TESTNET RELEASE: https://github.com/VerusCoin/Verus-Desktop/releases/tag/v1.1.1-13-testnet

Updated Bridgekeeper which can be used with the CLI is available at:
https://github.com/VerusCoin/Verusbridgekeeper

THIS UPDATE FIXES AN ISSUE THAT HAS NOT YET OCCURRED ON MAINNET, BUT WITHOUT IT WILL EVENTUALLY. IF THIS ISSUE WERE TO BE ENCOUNTERED ON MAINNET, WHICH TOOK TESTNET MORE THAN HALF A YEAR, THE ISSUE WOULD STILL BE TEMPORARY IN NATURE WITH NO LONG TERM IMPACT OR RISK TO ACCOUNTING WHEN FIXED, BUT THE CHANNEL SENDING FROM ETHEREUM TO VERUS, NOT THE OTHER WAY, WOULD BE BLOCKED UNTIL IT WAS FIXED, DUE TO A POTENTIAL ERROR IN DESERIALIZATION CAUSING FAILURE TO ACCEPT THE ETHEREUM CROSS CHAIN PROOF. AS A RESULT, THIS UPDATE IS MANDATORY TO ENABLE ALL DAEMON’S TO PROPERLY DESERIALIZE, PREVENT A FUTURE ISSUE FROM HAPPENING AND TO AVOID A MORE URGENT UPDATE.

v1.1.1-13 also speeds up full network sync typically by over 2x by eliminating some obsolete zk-SNARK dependencies. A full network sync is still an endeavor, but this release significantly improves the experience when you need to do a full sync rather than a bootstrap.

We have also discovered that the Testnet bridgekeeper has had some connectivity issues since the last update, which has impaired its cross-chain notarizations. There is also a BridgeKeeper update that will reestablish proper communication between the Verus daemon and the Goerli contracts to support smoother cross chain notarizations. This change does not affect mainnet.

Announcing Verus v1.1.2-1 - MANDATORY UPDATE WITH 2 WEEKS NOTICE FOR MAINNET AND ONE DAY NOTICE FOR TESTNET TO ENABLE USE OF Bridge.vETH AS RESERVE IN PBAAS CHAIN CONVERTER LAUNCH MAINNET ACTIVATION HEIGHT: 2824790 (~ Thu 07 Dec 2023 03:51:58 AM UTC) TESTNET ACTIVATION HEIGHT: 302170 (~ Fri 24 Nov 2023 07:54:12 PM UTC)

CLI RELEASE: https://github.com/VerusCoin/VerusCoin/releases/tag/v1.1.2-1

GUI RELEASE: https://github.com/VerusCoin/Verus-Desktop/releases/tag/v1.1.2-1

GUI TESTNET RELEASE: https://github.com/VerusCoin/Verus-Desktop/releases/tag/v1.1.2-1-testnet

Why this release? There are blockchain projects planning to launch, including vARRR, that would like to use the Bridge.vETH currency as a reserve in their PBaaS chain converter basket, which launches with the blockchain.

When doing their dry run on testnet, it was determined that due to a unique characteristic of the Bridge.vETH basket, its use prevented proper mining of block #1 of the PBaaS chain, and though it is easily fixed for the PBaaS chain, the same issue will prevent the Verus blockchain from accepting a first notarization of a PBaaS chain that uses the Bridge.vETH currency as one of the reserves in its basket. v1.1.2-1 fixes this issue with a minor protocol modification that handles this reserve in launch properly, enabling coinbase in a first cross-chain notarization from such a blockchain to be properly verified by the mainnet or testnet VRSC chains.

As long as any blockchain converter basket that wishes to launch has a start block after the block heights above on the launch chain, it should launch just fine. If one has already been defined, for example the vARRR chain on testnet, it will be able to be launched and cross notarized after testnet activation of this fix, even if it had a start block before. Please update as soon as possible to enable any new blockchain bridge converter to use the Bridge.vETH currency as a reserve currency.

Announcing Verus v1.1.2-3 - NON-MANDATORY FEATURE UPDATE FOR MAINNET AND TESTNET

There are no protocol changes in v1.1.2-3.

CLI RELEASE: https://github.com/VerusCoin/VerusCoin/releases/tag/v1.1.2-3
GUI RELEASE: https://github.com/VerusCoin/Verus-Desktop/releases/tag/v1.1.2-3

GUI TESTNET RELEASE: https://github.com/VerusCoin/Verus-Desktop/releases/tag/v1.1.2-3-testnet

What’s new? v1.1.2-3 includes new capabilities for the getcurrencyconverters command and API that prepares for VerusPay and its QR codes and deep links in Verus Mobile and other clients to become an unlimited scale, permissionless, worldwide universal currency and DeFi payment protocol. V1.1.2-3 also improves accuracy of estimateconversion.

How does it work? In addition to its prior function of finding baskets that contain all currencies in a given list, getcurrencyconverters now alternately accepts a JSON parameter with a “tocurrency” element and one or more “fromcurrency”s (see “help getcurrencyconverters” for details) with optional slippage and pricing limits. It will return all currencies that meet the requirements and which can be used to convert from any of the “from” list to the “to” currency.

Importantly, it will also return the most accurate estimated amount of the source currency needed to get the desired amount of output currency, assuming for this purpose that you are not joined by other conversion transactions. This is not the same as an up-to-the-minute estimate, which includes all pending conversions as well and which estimateconversion does provide, but it can be used as a proof point to ensure vendor acceptance when paying VerusPay invoices that allow conversions.

The new VerusPay QR code and deep link payment protocol, which is being worked on for the next feature release of Verus Mobile, enables a vendor to request that if the payee wants to pay in an alternate currency and convert to the vendor’s requested currency, the conversion must be routed through a converter with no more than a specified slippage.

This ensures that the transaction size for the item or service in question will not have a large impact on any liquidity basket used for converting to the vendor’s payment currency, safeguarding the vendor. It also allows the payee to select a currency source and route for payment that provides the best deal at that moment for them.

The more people simply use this for payments at unlimited scale worldwide in a decentralized way, the more it will also naturally arbitrage baskets across the network as people consistently choose their most favorable route to the payment currency. We believe that when the new feature release of Verus Mobile is out, VerusPay will be the first unlimited scale, universal currency, decentralized, rent-free and permissionless payment and conversion network in the world.

Announcing Verus v1.2.0-1 - NON-MANDATORY UPDATE RECOMMENDED FOR MINERS AND STAKERS ON MAINNET AND TESTNET

CLI RELEASE: https://github.com/VerusCoin/VerusCoin/releases/tag/v1.2.0-1
GUI RELEASE: https://github.com/VerusCoin/Verus-Desktop/releases/tag/v1.2.0-1

GUI TESTNET RELEASE: https://github.com/VerusCoin/Verus-Desktop/releases/tag/v1.2.0-1-testnet

What’s new?
1) Fixes parameter parsing for getcurrencyconverters when used from the GUI desktop or upcoming release of Verus Mobile
2) Fixes a very rare potential seg-fault that can happen in cases of validating and running bridgekeeper
3) Enables an optional `-arbitragecurrencies` parameter for starting the daemon that may be easier to use when starting on Windows and adds both `-arbitragecurrencies` and `-arbitrageaddress` parameters to verusd help

There are no protocol or other changes for v1.2.0-1

Scalability, Decentralization & Security — What Trilemma?

The blockchain trilemma is a classic idea that truly decentralized blockchains need to choose between security or scalability. Verus offers a different perspective and a new approach. Together we will come to the conclusion that the Verus Protocol solves scalability by neither sacrificing decentralization or security, effectively solving the trilemma.

Read up on medium.

https://medium.com/veruscoin/scalability-decentralization-security-what-trilemma-8d2d6869924d

Announcing Verus Mobile v1.0.8, released on Android Play and iOS App stores!

Make sure to get your free, self-sovereign VerusID, sponsored by Valu/Arketyp and the ValuVerse while you can!

New Feature Highlights
VerusID provisioning and registration under application control with easy onboarding and
VerusPay universal invoices received by the vendor in any selected currency and payable through conversions from any selected source!

Now that v1.0.8 is available, mods will open public access to the ⁠valuverse channel just after tomorrow's meeting, where everyone who gets approved on Discord can register one free, on-chain VerusID with a [name].valuid@ name of your choice (first come, first serve). This is not just a company owned ID, it is an actual blockchain asset registered courtesy of Valu & @Consilience for onboarding to the ValuVerse. Some long time contributors will get earlier access to the channel, as this is a company actually sponsoring these self-sovereign IDs for everyone. Unlike some app account, your new VerusID will be fully self-sovereign, permanently owned by you unless you transfer sell it to someone, and can be used as your VerusID or backup and also your login to the new ValuVerse, metaverse 3D social world. You can login to the ValuVerse with any VerusID, new or pre-existing, that is registered on the Verus blockchain and linked to your Verus Mobile profile. With this easy onboarding, anyone with a phone can join during the promotional period, which is expected to be 1 or 2 months and can end at any time, and drop into the ValuVerse for an engaging, new social experience, soon with commerce and integration with the on-chain marketplace.

Getting your new *.valuid@ VerusID is easy to do. First, make sure to upgrade your Verus Mobile wallet to 1.0.8 in the App or Play store. Then, go the the ⁠valuverse channel, when it is available to you, and entergetid. You will be shown a QR code, scan that with Verus Mobile's scan, and you will be led through the process of choosing a name, registering, and linking your ID to your mobile profile.

Once you have an ID linked to your mobile profile:
head over to the ValuVerse at this link https://live.valuverse.net/
login with the QR code you see there, and
setup your avatar.

It's that simple!

https://medium.com/veruscoin/introducing-pure-the-currency-100-backed-by-verus-bitcoin-d07033be15ac

Introducing Pure — The Currency 100% Backed by Verus & Bitcoin
Pure is a decentralized currency fully backed by Verus (VRSC) & Bitcoin (tBTC). Hold Pure to be exposed to both Verus and Bitcoin while accruing fees from conversions. Or use it to convert from tBTC to VRSC and vice versa.

Pure launch block: 2,975,703 (Sunday 24 March, 2024).
✅ Start preconverting to Pure now for an 8 day period. Read further to learn how.
❓ tBTC is BTC on the Ethereum network. Threshold.network supplies a decentralized bridge for users to bridge BTC to Ethereum. tBTC is also bridged to Verus.
⌨️ Join the Verus Discord and type inpure to see how much is in the reserves, the Pure supply & its protocol prices.

What is Pure?

Pure is a decentralized currency launched on the Verus blockchain. It is fully backed by its reserves: Verus (VRSC) and Bitcoin (tBTC), with a reserve ratio of 50/50%.

The currency is called Pure because it aligns with the true ideals of decentralization and transparency:

    Bitcoin and Verus are fully decentralized and controlled by its nodes and block producers. No single entity or company controls them. They are not a business — they are rent-free protocols.
    Bitcoin and Verus had fair launches. No ICO, no premine and no developer fees or taxes.
    Bitcoin and Verus have a limited supply.
    Bitcoin and Verus are censorship-resistant.

Hold Pure to be exposed to two decentralized cryptocurrencies upholding true cypherpunk values.

Another benefit of holding Pure is that the currency accrues conversion fees. When users convert from Pure to VRSC or tBTC (or vice versa) they pay a conversion fee of 0.025%. When users convert between VRSC and tBTC they pay a conversion fee of 0.05%.

Half of those conversion fees (50%) stay in the Pure reserves, increasing the value of Pure since no new Pure is minted. The conversions are MEV-resistant and verified by the miners and stakers of the protocol. Learn more about Verus DeFi.

Conversions between VRSC and tBTC are only possible after the preconversion period has ended on Sunday 24 March, 2024. From now on you can only add VRSC and tBTC into the reserves of Pure.

Users can also create subIDs which cost 0.00021 tBTC.vETH (in Pure). These costs are burned reducing Pure in circulation. Learn more about VerusID and what you can do with it here. If users create an identity with your subID as referral, they pay 2/3 less — you get 1/3 and 1/3 is discounted.
What is the preconversion period?

The preconversion period is an 8 day period in which users can fund the reserves of Pure with VRSC and tBTC. Depending on how much they added they will get their fair share of the 20,000 Pure after the 8day period.

The initial supply of Pure is 20,000. After the initial supply has been distributed by the protocol, the supply is dynamic. When users convert from VRSC or tBTC into Pure, Pure is minted. When people convert from Pure back to VRSC or tBTC, the Pure is burned.
What is tBTC, how do I get it & bridge it to Verus?

tBTC is BTC on the Ethereum network. The decentralized bridge between Bitcoin and Ethereum is supplied by the Threshold Network.

    Existing solutions that bridge Bitcoin to Ethereum require users to send their Bitcoin to an intermediary, in exchange for an ERC-20 token that represents the original asset. This centralized model requires you to trust a third party and is susceptible to censorship, threatening the premise of Bitcoin as sovereign, secure, permissionless digital asset.

    The second generation of tBTC is a truly decentralized (and scalable) bridge between Bitcoin and Ethereum. It provides Bitcoin holders secure and open access to the broader DeFi ecosystem. tBTC v2 allows you to unlock your Bitcoin’s value to borrow and lend, mint stablecoins, provide liquidity, and much more.

Get tBTC on Kraken, Uniswap, Curve & others. Or mint it yourself

tBTC token address: https://etherscan.io/token/0x18084fba666a33d37592fa2633fd49a74dd93a88

You can send tBTC to your MetaMask wallet or Verus Mobile first, and later you have to bridge it to the Verus blockchain. Bridging is done through the non-custodial Verus-Ethereum Bridge
Adding tBTC ERC-20 to Verus Mobile

Here is a guide to add the tBTC ERC-20 to Verus Mobile:

    Press the plus-button bottom-right corner
    Press “Add ERC-20 Token”
    Select checkmark to “Find using mapped PBaaS currency”, and fill in “tbtc.veth”, then press Continue
    Press OK when a warning screen pops up.

You have added the tBTC ERC-20 in Verus Mobile and are now ready to receive it.
Bridging tBTC to the Verus blockchain

You have to bridge the ERC-20 tBTC over to the Verus blockchain with the bridge website or with Verus Mobile to participate in the preconversion period.

🔔 It costs a considerable amount to bridge over to Verus. The Ethereum blockchain is quite congested and transactions are expensive because of it. Bridging costs estimation: when ETH is @ $3900 and the gas is at 60 gwei, you pay around $150 to bridge tBTC over to Verus. It can take up to 60 minutes before the tBTC arrives on the Verus blockchain.

Let’s start how to bridge with MetaMask and the Verus-Ethereum Bridge website: https://eth.verusbridge.io/

    Connect MetaMask with this website: https://eth.verusbridge.io/
    Address: where you want the tBTC to end up on the Verus blockchain
    Token: select “[tBTC v2] as tBTC.vETH”
    Destination: select “[tBTC v2] as tBTC.vETH on VRSC”
    Choose the amount you want to bridge over
    If you use Verus Desktop don’t forget to add tBTC.vETH in the “Multiverse”-tab!

You can also bridge with Verus Mobile.

First let’s add tBTC.vETH to your Verus Mobile wallet:

    Press the plus-button bottom-right corner
    Press “Add PBaaS currency”
    Enter “tbtc.veth” and press continue
    Press “ADD”

Now let’s bridge the tBTC ERC-20 over to the Verus blockchain.

    Press tBTC v2
    Press “Send” and then “Convert or cross-chain”
    Press “Send off-chain”
    As the recipient address fill in a Verus address you own (R- or i-address, or VerusID)
    Fill in the amount you want to send
    Then as “Select network to send to” choose Verus
    Then as “Select currency to receive as” choose tBTC.vETH

Now you can safely bridge the tBTC over.

So now that you’ve bridged tBTC over to Verus either on Verus Mobile or Verus Desktop, it’s time to preconvert.
How do I preconvert to Pure?

When you preconvert you put tBTC.vETH or VRSC in the reserves of Pure. After the 8 day preconversion period you receive an amount of the 20,000 Pure, distributed by the protocol.

You can preconvert with Verus Desktop and Verus Mobile.
Preconvert with Verus Desktop

On Verus Desktop click the “Convert Currencies”-button and then go to the “Advanced”-tab.

    Choose amount to send (tBTC.vETH or VRSC)
    “From Currency”: fill in tBTC.vETH or VRSC
    “To Currency”: fill in Pure
    “Destination Address”: fill in a R-/i-address or VerusID where you want to receive Pure
    Check the box: “Send as pre-convert”
    “Refund Address”: Sometimes a currency has a minimum or maximum amount to preconvert before it launches. For example, when the minimum preconversion amount is not met, and thus the currency not launched, you will receive your funds back. In this case there isn’t a minimum or maximum but you still need to fill it in. Can be the same as your Destination Address.
    Now click “Convert Currencies”, and that’s it! You have now added a currency into the reserves of Pure and have to wait until Pure is out of the preconversion period.

Preconvert with Verus Mobile

    Press tBTC.vETH or VRSC
    Press “Send” and then “Convert or cross-chain”
    Press “Preconvert”
    As the recipient address fill in a Verus address you own (R- or i-address, or VerusID)
    Fill in the amount you want to preconvert
    Then as “Select currency to preconvert to” choose Pure
    The network to send to is Verus
    Now press “Send” and confirm, and that’s it! You have now added a currency into the reserves of Pure and have to wait until Pure is out of the preconversion period.

Now that you have preconverted tBTC or VRSC into the reserves of Pure, all you have to do is wait for the preconversion period to be over. When that time has come you will receive Pure in your wallet.

Once you have received Pure into your wallet you can always convert it back to VRSC or tBTC.
Join the crypto revolution with Verus & Pure

Pure is a unique currency backed fully by VRSC and tBTC, launched on the Verus Protocol. Join the Verus Discord and explore what Verus has to offer!

    Verus solves scalability by neither sacrificing decentralization or security
    The Verus-Ethereum Bridge is non-custodial & trustless
    Launch currencies (like Pure!) without any coding needed
    Launch fully interoperable, independent and customizable PBaaS-blockchains
    VerusID: self-sovereign identities
    Verus DeFi: simple, low-cost, MEV-resistant and without any middleman
    Verus is the protocol for builders: join the community at Consensus 2024

And so much more.
Join the community. Learn about the protocol. Use Verus. Get ahead of the game.

http://www.verus.io/discord

https://twitter.com/VerusCoin

http://www.verus.io/

Announcing Verus v1.2.2 - CRITICAL UPGRADE FOR MAINNET AND TESTNET

CLI RELEASE: https://github.com/VerusCoin/VerusCoin/releases/tag/v1.2.2
GUI RELEASE: https://github.com/VerusCoin/Verus-Desktop/releases/tag/v1.2.2

GUI TESTNET RELEASE: https://github.com/VerusCoin/Verus-Desktop/releases/tag/v1.2.2-testnet

v1.2.2 will no longer connect to the existing testnet, as we are starting a new one with an Ethereum bridge to Sepolia, which will also be more similar to mainnet in its currencies. There will be an announcement when the new testnet is available, hopefully within the next 24 hours.

This update includes the new Verus Storage API. Additionally, v1.2.2 fixes an issue discovered with version 1.2.1-1, which introduced a problem that can cause a node to behave as if it was not yet fully in sync, even though it may be up to date with the chain tip. For this reason, we consider v1.2.2 critical for all users. Please update as soon as possible. The new Verus Storage capabilities introduced in 1.2.2 bring z-address privacy technology to data, enabling each of us to regain control over our identity and content. In doing so, Verus Storage introduces a better way for both humanity and AI to store, access, and relate to information.

With Verus Storage, every PBaaS chain immediately offers a fee-based storage capability for indexed data on the blockchain. Every PBaaS blockchain will have its specific price for storage, ultimately controlled by miners and stakers and defaulting to about 0.01 of the native coin for permanent storage of 1KB of data. All stored data is encrypted by default, and if no encryption is specified, that simply means the decryption keys will be published on-chain.

This first version of Verus Storage is great for small to medium size data that you believe is worth storing permanently, as it’s limited to a maximum on-chain size of 999,999 bytes. Verus Storage is incredibly versatile, and can be used for VerusID PFPs, HTML content, license agreements, documents. Personally, I will feel comfortable using it for my own data, and even encrypted key storage. Any information you put on-chain is always available to you anywhere you go, as long as you have an internet connection and your 24-word seed phrase. All data stored is either sent as part of a private transaction or added to an ID you control, using the “data'' option.

Encryption is done using the well known ChaCha20-Poly1305 (https://en.wikipedia.org/wiki/ChaCha20-Poly1305) encryption algorithm, with key exchange using Sapling private target addresses and random keys that can be recreated by the viewing key of the target private address. All data is encrypted. Even “public”, published data with no private address target is encrypted to a randomly generated and discarded Sapling address, and the necessary viewing key is then stored along with an indexed link into the publishing VerusID. Since each separate object in a collection of data is encrypted with a different key, all of which may be recreated with a single viewing key, the API enables sharing access to each individual item without ever requiring the master viewing key of the collection itself to be shared.

Verus Storage is built using the existing, extensive functionality of the Verus network, and thus comes into effect as of 1.2.2 with no protocol change or fork. Block producers that upgrade will immediately start accepting data transactions into blocks, which are protocol compliant. That means that after upgrading, data can easily be attached to both private transaction messages and VerusIDs on any PBaaS chain and easily linked cross-chain as well, making it easy to create private/semi-private/public chat groups, share multiple forms of data, and post data publicly or privately on any PBaaS blockchain. Applications can use this new capability to store application data and expose its features in whatever way is best for their users.

Data can be easily stored and accessed across all PBaaS blockchains, even in parallel (ie. data sharding) by those with the keys to do so, introducing a market for permanent storage at scale that every PBaaS chain can compete in or price themselves out of, depending on network, project and community goals. Verus Storage capabilities lay a foundation for PBaaS chain projects with economics designed around advanced storage capabilities, applications and markets.

While the initial target usage is for small to medium sized data at scale, the Verus PBaaS protocol does not have any inherent scale limit across a network of chains, and over time, this protocol, or its evolution, could be used to store and access all of humanity’s digital, privacy-enabled, self-sovereign data over archaeological time scales. As a chain grows, along with its storage requirements, nodes that offer full data access services to any application clients across many chains will likely start offering users or applications access to VerusD-RPC APIs and many chains of data at prices that, due to permissionless competition and provable results, should stabilize to cover a reasonable margin over costs of serving the data. Since offering these kinds of services can also be a provably user rated, peer to peer low cost and high availability content delivery network at scale, we may expect indefinite high availability of stored data, independent of any company or organization, and self-sustaining storage and delivery economics. As this capability is used and evolves, VerusIDs, along with payments and authentication that they enable can be easily used for bandwidth-based micro-payments at a fair cost for node operators, users, and application providers.

Verus PBaaS storage provides permanent, encrypted data storage with high availability and selectively disclosed data collections on any PBaaS blockchain. The blockchain archive will always contain any data that was stored using this API, now and in the future, without requiring rent or a corporate host, and is built on an economic model that supports its continued availability, even as storage technologies evolve.

For now, we expect the encrypted storage capabilities to be used for minting collections, surprise reveals, VerusID profiles, private KYC services, private messages, contracts, and real world asset bindings. With the unlimited scale of a multi-chain PBaaS internet, PBaaS data storage has the potential to provide permanent, self-sovereign, and private data storage for all.





         

Another update! Verus v1.2.2-2.
This is a nice active project.