The VeriBlock Blockchain is a concrete implementation of PoP, which extends Bitcoin's security to other blockchains in the most secure, economical, and easy-to-implement manner possible, further developing upon the DTTP ethos of PoP. It acts as a fully DTTP security adapter/aggregation layer between other blockchains and Bitcoin.
VeriBlock addresses two major problems: alternate blockchain (or altchain) security, and Bitcoin scalability. By securing a diverse ecosystem of blockchains which each specialize in solving particular problems, VeriBlock encourages widespread adoption of these blockchains, causing an exodus of transactions from Bitcoin to these more specialized blockchains while still driving value from the success of these blockchains back to Bitcoin.
The VeriBlock blockchain provides an aggregation layer of proof, and its coin provides a means for paying the decentralized VeriBlock PoW and PoP miners in a way controlled completely by the VeriBlock blockchain protocol. As such, the VeriBlock coin serves as a price discovery mechanism that allows the efficient allocation of the scare resource of proof, allowing all blockchains to inherit Bitcoin's PoW security.
Public Sale Starts At
Hardcap is unknown
Token: VeriBlock Coin
Token type: Own Wallet
Status: Testnet is Available