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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)
A fully secure digital financial system (Source: Website)
Operating Since: 01.01.1970