VeriCoin – Send VeriCoin Via SMS & lots of new features .
VeriCoin it’s a recently made coin on 10May with 0% premine and no IPO also with a very fast development for services that could boost cryptcurrency market in general , it won’t pass long until we start to see other coins forked from Vericoin . Why ? We where very surprised knowing that you can easy send Vericoin Via S.M.S with the service VeriSMS exactly like Vodafone M-Pesa money transfer service . and we believe that’s big ! Also they’ve launched amazing system VeriBit designed to be a user-friendly way to pay for Bitcoin purchases using VeriCoin. The VeriCoin development team acts as a payments processor for these transactions, operating one wallet for Vericoin to be deposited into by a paying consumer and another one that pays out to the payment destination in Bitcoin.
To make a payment, you first enter the address you want to send bitcoin to and how much BTC you wish to transfer. After you’ve entered in the information, VeriBit calculates how much vericoin you need to send, plus a 2 VRC transaction fee.
You then have 20 minutes to send your vericoins to the address, after which the wallet operators – currently the vericoin development team – complete the transaction and send out the BTC to its destination.
How VeriSMS works ?
VeriSMS, functions as text-based gateway and wallet system that links the cell network to the Vericoin Network. Vericoin users can load Vericoins onto this wallet and use the SMS network to make transactions across the globe in just one hit of a button .
VeriSMS works on an international level. According to the VeriSMS webpage, there are a variety of gateway numbers that can be used in the US, Europe and Asia , you should check out their VeriSMS page for more details about it .
The service offers three commands to users. The balance feature can be used to actually create a wallet address and later utilized to check the amounts currently deposited. Users can type in addresses to send transactions and set passwords for their wallet.
So imagine how much AID brings Vericoin to entire world by doing this simple and yet big step .
VeriSend – Anonymous Vericoin transfer service
VeriSend is a service which attempts to hide the transaction data from unwanted eyes . It utilizes ring nodes, random transaction send amounts, and various other techniques to hide the send/receive connection from the world. It’s yet at an early development stage but it looks great , also it would be integrated in their wallet withing the next wallet update .
Specification & Info
They have finished their Proof-Of-Work period and now they are 100% Proof-Of-Stake with Dynamic that means the more coins you staked, the higher the interest rate goes with a range betweek 1.5% and 2.5% .
Proof of Work (ENDED): Scrypt
26,751,452.35 VRC Minted during PoW period
Min Stake Time of 8 Hours for Interest
No Max Stake Age or Amount
They are accepted on a wide range of exchanges Cryptsy, BitTrex, BTER, Poloniex Europex, C-Cex, CoinNext, BitOnys , Mintpal and Icurrex all with open markets BTC/VRC .
Website : http://vericoin.info/
VeriCoin on Twitter : https://twitter.com/vericoin
VeriCoin on Facebook : http://www.facebook.com/vericoin
VeriCoin on Reddit : http://www.reddit.com/r/vericoin
VeriCoin on BitcoinTalk : https://bitcointalk.org/index.php?topic=602041.0
Vericoin has a bright future in cryptocurrency world
It’s true , i have silently participated at their G+ conference and to be honest they are dedicated honest people that aren’t hiding around forum nicknames and sockpuppets . It’s a coin to invest because it has a big development team and community that work around the clock for Vericoin stability and development without any IPO or PREMINE !
If you liked our Vericoin Article here is our VeriCoin Address : VGjX1r81Ur4rNjMcAQythLZ8fUfujSFr8C